Tag: jp morgan

July 23, 2021 / Unchained Daily / Laura Shin Daily Bits...

The majority of cryptocurrencies surged strongly in the last 24 hours. Bitcoin is trading over $32,534 while Ethereum is also up and is trading at $2,070. Let’s review some interesting crypto news in detail for today. 1- JP Morgan Begins Crypto Fund Access To All Clients JP Morgan...

JP Morgan Wealth Management CEO Mary Callahan Erdoes in a recent interview with Bloomberg revealed their clients are quite bullish on Bitcoin and they see it as an asset class. Erdoes said several of their clients want to "invest in Bitcoin (BTC)" and they are ready to help them invest their money wherever they like. The post Clients Want to "Invest in Bitcoin...

J.P. Morgan's head of wealth management says clients are increasingly viewing Bitcoin as an asset class.JP Morgan Asset & Wealth Management CEO Mary Callahan Erdoes says the banking giant’s clients see bitcoin as an asset class and “want to invest.” The remarks came in a...

Ethereum (ETH), the second-largest cryptocurrency by market cap has catapulted to mainstream adoption this bull season along with Bitcoin (BTC). It has become a growing choice of financial institutions and many including the likes of Goldman Sachs and JP Morgan believe it has the potential to eventually overtake BTC as the new store of value. The post Why Ethereum (ETH) May Soon Overtake...

Bitcoin price may be headed for another price...

JP Morgan, the American multinational investment bank reacted to the recent adoption of Bitcoin as a legal tender by...

June 2, 2021 / Unchained Daily / Laura Shin Daily Bits ✍️✍️✍️ Sotheby’s to host an NFT auction...

JP Morgan and European Investment bank have shown interest in adding ETH-based products for their clients quite similar to the growing institutional adoption of Bitcoin. The European Investment bank is planning to offer...

Reading Time: 2 minutes JPMorgan is said to be close to launching a Bitcoin fund The news emphasizes the change in attitude since it was labeled a “scam” by CEO Jamie Dimon in 2017 How has the relationship between JPMorgan and Bitcoin changed over the years? The...

JP Morgan, the American Banking behemoth today announced that they would start offering a private Bitcoin fund for their clients starting this summer. As per reports...

Following a month-long consolidation period, the buying pressure behind Bitcoin is finally being reflected on prices. The flagship cryptocurrency has broken through a crucial resistance level, threatening to rise toward $70,000. Institutional Demand Skyrockets...

PLUS: Bitcoin as a Chinese weapon???? After years of regulatory obscurity, the SEC will be releasing its internal communications to Ripple on how it determines if a cryptocurrency is a security or not. Whether that will help or hinder Ripple’s case in the SEC’s lawsuit against the company remains to be seen, but it should help the general public better understand the SEC’s...

According to JP Morgan, a less volatile Bitcoin would open the gates for a new influx of institutional capital, setting BTC up for an upswing to $130,000. Institutional Demand Rises, Volatility Decreases Bitcoin's volatility has been in a downtrend over the past two months. The 30-day...

A more stable Bitcoin may bring more institutional investors, says JP Morgan. JP Morgan Forecasts Institutional Catalyst Bitcoin's falling volatility could attract institutional investors, according to a team of JP Morgan analysts. Bloomberg...

JP Morgan, the American Investment Banking giant said the declining price volatility of Bitcoin over the past weeks has made it a more reliable asset for institutions to invest in. Bitcoin's ongoing bull run has made it more non-corelative with the traditional stock market, thus a growing choice of investors for diversifying their investments. The The post JP Morgan Sets $130K Bitcoin Long-term...

MicroStrategy shares skyrocketed alongside the parabolic Bitcoin rally as investors rushed to gain exposure to the trending cryptocurrency any way they could. Banking on this demand, JP Morgan is planning to introduce a new investment product that is a basket of companies with some type of cryptocurrency market exposure. Here's a deeper look at what this new investment product from JP Morgan could...

Reading Time: 2 minutes JPMorgan has filed with the SEC for a debt instrument featuring crypto-exposed companies The JPMorgan Cryptocurrency Exposure Basket will feature MicroStrategy, Square, and Nvidia, among others The development marks a turning point in the bank’s...

JP Morgan sent its private high-valued investors a report on Bitcoin. In fact, this report explains...