Tag: jp morgan

Oct 21 2021

JP Morgan Claims This is the True Catalyst For Ongoing Bitcoin ($BTC) Price Surge

Bitcoin ($BTC) price recorded a new all-time-high near $67K yesterday, taking Bitcoin's market cap to $1.25 trillion. The bullish price surge was largely attributed to the record-breaking ProShares Bitcoin Futures ETF ($BITO) debut. However, JP Morgan strategists believe otherwise. According to a report by Bloomberg, JP Morgan strategists see growing inflation as the key catalyst The post JP Morgan Claims This is the...

Oct 12 2021

Bitcoin ETF ‘Sell the News’ Caution Gains Traction

Reading Time: 2 minutes Pantera Capital CEO Dan Morehead has warned that a Bitcoin ETF could drop the Bitcoin price Morehead says that the awarding of a Bitcoin ETF would be a ‘sell the news’ event Others have already said that a Bitcoin ETF could have the opposite...

Oct 05 2021

Jamie Dimon Given Bitcoin Soap Box Again

Reading Time: 2 minutes Jamie Dimon has once again been presented with an opportunity to denigrate Bitcoin Axios asked a leading question on the cryptocurrency during an interview in a clear desire to get a soundbite The only reason people like Dimon are asked about...

Sep 17 2021

What Does Jamie Dimon Really Think of Blockchain?

Reading Time: 2 minutes Jamie Dimon, JPMorgan CEO, has never been a fan of Bitcoin Dimon has though had some good things to say about blockchain What are Dimon’s past comments on the two and have they changed? Jamie Dimon is not, it’s fair to say, a Bitcoin fan....

Sep 04 2021

Is JP Morgan Right About “Frothy” Crypto Market?

Sep 04 2021 Published at Coingape under tags  adabch adabnb adabtc adabusd adaeth

JP Morgan has speculated on another bearish phase after reviewing the extraordinary monthly US stocks collection. According to the bank, more and more retail investors have spent on US stocks over the summer of 2021. Furthermore, this wave of investment into stocks has also extended to "altcoins" in August, as investors joined the non-fungible tokens The post Is JP Morgan Right About "Frothy"...

Aug 06 2021

JP Morgan Warns Hasty CBDC Implementation Could “Cannibalize” Financial System

Aug 06 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

JP Morgan, the American Banking giant has warned against the hasty implementation of Central Bank Digital Currencies (CBDC). The bank said the creation of a new CBDC based retail loan and payments channels must not come at the cost of the existing financial system. Hasty implementation of the CBDCs in the retail market could "cannibalize" The post JP Morgan Warns Hasty CBDC Implementation...

Aug 05 2021

Just-In: JP Morgan to Offer “In-House” Bitcoin Fund to Wealthy Clients

Aug 05 2021 Published at Coingape under tags  bitcoin fund bitcoin news btcbrl btcbusd btcdai

JP Morgan, the investment banking giant is reportedly pitching a Bitcoin fund to its private bank clients this week, as per a report in Coindesk. The banking giant had announced its Bitcoin fund in partnership with NYDIG back in April but didn't start offering it to clients until now. The fund was advertised as the The post Just-In: JP Morgan to Offer "In-House"...

Jul 23 2021

Ethereum’s Move to Proof-of-Stake Hit a New Milestone Yesterday

Jul 23 2021 Published at Unchained Podcast under tags  bitcoin blockfi crypto daos ethereum

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

Top Crypto News: 07/23

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...

Jul 22 2021

Clients Want to “Invest in Bitcoin (BTC)” Reveals JP Morgan Wealth Management CEO

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...

Jul 20 2021

JP Morgan Wealth CEO Says Clients See Bitcoin as Asset Class to Invest In

Jul 20 2021 Published at Bitcoin Magazine under tags  business investing jp morgan

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...

Jul 07 2021

Why Ethereum (ETH) May Soon Overtake Bitcoin (BTC)?

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...

Jul 06 2021

Is Another BTC Price Crash On Its Way As Predicted By JP Morgan?

Jul 06 2021 Published at Coingape under tags  bitcoin news bitcoin price btc btcbrl btcbusd

Bitcoin price may be headed for another price...

Jun 11 2021

JP Morgan Compares El Salvador’s Bitcoin Adoption to Dollarization in Early 2000

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

Jun 02 2021

This New Project Has a $100M Valuation

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

Jun 01 2021

Apr 28 2021

JP Morgan and European Investment Bank Set Eyes on ETH as Ether Sets ATH

Apr 28 2021 Published at Coingape under tags  altcoin news eth ethaud ethbkrw ethbrl

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...

Apr 27 2021

JPMorgan – From Bitcoin FUD to Bitcoin Fund

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...

Apr 26 2021

Just-In: JP Morgan Set to Offer Bitcoin Fund in Association With NYDIG

Apr 26 2021 Published at Coingape under tags  bitcoin fund bitcoin news btcbrl btcbusd btcdai

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...

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