Tag: jp morgan

Jan 17 2021

Goldman Sachs Looking To Launch Crypto Custody Option

The cryptocurrency space has been touted as having the capacity to completely revolutionize the finance industry as we know it. With this in mind, more and more traditional financial institutions are moving towards offering a form of crypto-based service. World-renowned banking giant Goldman Sachs has joined the list of conventional banking institutions looking to dabble in the cryptocurrency space. A source that spoke...

Jan 16 2021

Top 5 Crypto News: 01/16

Bitcoin is consolidating close to $37,070 for the day, and altcoins like DOT and LINK are skyrocketing and making new all-time highs. There's lots of action going on in the crypto and blockchain sphere. Let’s find out some interesting crypto news for today....

Jan 06 2021

Bitcoin Can Hit $146,000 Says JPMorgan Strategist

Jan 06 2021 Published at FullyCrypto under tags  adoption bitcoin bitcoin news jp morgan

Reading Time: 2 minutes JPMorgan analysts have written a note to investors to suggest that a Bitcoin price of $146,000 is a “long-term target” The analysts say that a “convergence” with the gold market can take Bitcoin close to $150,000 per token However, this is a...

Dec 15 2020

Ripple Board Lands JPMorgan Veteran and Regulatory Expert Sandie O’Connor

Dec 15 2020 Published at CoinDesk under tags  jp morgan news people policy & regulation ripple

The appointment comes as U.S.-based Ripple is openly contemplating relocating its headquarters to another country, citing lack of regulatory clarity.

JPMorgan’s Sudden Bitcoin Bullishness is Concerning

Reading Time: 3 minutes JPMorgan has changed its opinion on Bitcoin so quickly this year that it must have whiplash Its has released numerous bullish reports on Bitcoin’s use case after years of denigrating it Could the sea change be a case of positive manipulation...

Dec 10 2020

“Gold Will Suffer For Years Because of Bitcoin” – JP Morgan

The ongoing Bitcoin bull rally has made some of its biggest critics to change their views towards the scarce digital asset. Be it BlackRock CEO Laurence D. Fink who once called bitcoin a money-laundering tool back in 2017 now belive that bitcoin would expand into a global market. Billionaire Investor Ray Dalio took a U-turn The post "Gold Will Suffer For Years Because...

Dec 03 2020

Largest Russian Bank “Sber” to Pilot Digital Currency SberCoin by 2021

Dec 03 2020 Published at Coingape under tags  altcoin altcoin news btcbusd btceur btcgbp

Sber, the largest Russian bank has revealed its plans of working towards developing their own digital currency back in August, now the CEO of the bank Herman Gref has...

Nov 30 2020

Bitcoin Breaches $18,500 , But Wide CME Gap Could Halt Its Bullish Price Action

Nov 30 2020 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

Bitcoin touched a yearly high of $19,400 before registering a 14% price correction last week. The price correction after three weeks plunged bitcoin prices to near the $16,500 mark on Friday....

Nov 23 2020

More Institutions Are Buying Bitcoin, Says JP Morgan Analysts

Nov 23 2020 Published at CoinDesk under tags  bitcoin jp morgan markets

In their “Flows & Liquidity” report, JP Morgan analysts say institutions are piling into bitcoin at a stronger pace this quarter than they were in Q3 and may have a bigger role in price movement than quantitative traders.

Nov 21 2020

Bitcoin’s New Yearly High Makes it Bigger Than JP Morgan

Nov 21 2020 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Bitcoin soared past the $18,500 mark to set another yearly high reaching $18,936 late night on Friday. On its way to the new yearly high, the king coin also surpassed the $350 billion market capitalization, making it bigger than JP Morgan for a brief period of time. The price fell back to $18,600 levels soon The post Bitcoin's New Yearly High Makes it...

Nov 09 2020

Institutional Bitcoin Buying Outpacing Gold ETFs – JPMorgan

Reading Time: 2 minutes A new JPMorgan report has found that institutional Bitcoin buying has rapidly outpaced gold ETF purchases this year The bank says that this represents a changing attitude on Bitcoin by accredited investors JPMorgan has been more bullish on...

Oct 29 2020

JPM Coin to Get Real World Test This Week

Reading Time: 2 minutes JPMorgan has announced that it will run the first real world test of its JPM Coin this week The bank’s in-house digital currency was announced in February 2019 Success could see JPM Coin kill off the likes of XRP JPMorgan will test its...

Oct 28 2020

JPMorgan Launches Stablecoin and New Blockchain Subsidiary

Oct 28 2020 Published at Crypto Briefing under tags  adoption business jp morgan

JPMorgan furthered its blockchain efforts this week with two major announcements, according to reports from CNBC. JPM Coin Takes Flight With First Transaction JPMorgan's stablecoin (JPM Coin) will be used in commercial...

Oct 27 2020

Bitcoin Unfazed by Monday’s Stock Market Sell-Off, Beats Gold As A Hedge

Oct 27 2020 Published at Coingape under tags  bitcoin bitcoin news btc btcbrl btcbusd

Bitcoin-Gold-Stock Markets have been on investors' radar throughout 2020. Interestingly, after Monday's major sell-off in the stock market, BTC continues to show its strength and is trading above $13,4000...

Oct 26 2020

JPMorgan Analysts Go Against CEO Jamie Dimon on Bitcoin

Reading Time: 2 minutes A JPMorgan investor note has proclaimed Bitcoin’s “considerable” long term upside The note added that Bitcoin could “compete more intensely” with gold The bank’s view is at odds with those of its CEO Jamie Dimon who says Bitcoin is a scam...

Oct 16 2020

Bitcoin 🐳🚀📈?

Oct 16 2020 Published at Unchained Podcast under tags  bitcoin abc bitmex blockchain btc cftc

\+ CFTC Chair Gushes About ETH This week, another big institutional player invested an eye-opening sum in Bitcoin, while BTC's overall bullish trend shows no signs of slowing down. CFTC Chairman Heath Tarbert praised Ethereum while dancing around whether ETH or the greater DeFi landscape should be labeled securities or commodities. We also have a roundup of the latest...

Sep 30 2020

Why JP Morgan Getting Fined $1bn For Market Manipulation is Good For Bitcoin

Sep 30 2020 Published at Coingape under tags  bitcoin news cftc fraud jamie dimon jp morgan

U.S. banking giant JP Morgan Chase agreed to pay fines of almost a billion dollars after acknowledging offenses regarding commodity market manipulation investigations. On Sept. 29, the Commodity Futures Trading Commission (CFTC) concluded what has been the largest-ever settlement imposed by the derivatives regulator according to Reuters. The bank has been engaged in a pattern The post Why JP Morgan Getting Fined $1bn...

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