Tag: jp morgan

Reading Time: < 1 minuteThis week in crypto we’ve seen a partial crypto mining ban in New York and a JPMorgan crypto wallet trademark, as well as the latest on the FTX fallout. Ready thrusters! No. 3 -...

Reading Time: 2 minutes JPMorgan has been granted a trademark for a sprawling crypto wallet platform The trademark...

Banking giant JPMorgan Chase's application for a trademark for a digital wallet with crypto features has been awarded by the U.S. Patent Office after more than two years in application...

Polygon (MATIC) Whales News: Cryptocurrency Polygon (MATIC) is currently way above its three month high range. On chain data showed huge amount of MATIC whale transactions in the last 24 hours....

Nearly a month after the successful completion of the Ethereum Merge, the impact is yet to price in. Immediately after the Merge was completed on September 15, the Ethereum price fell. It was actually hoped that the network upgrade could act as a catalyst to a bear market situation. Since... Read more

The bear market threatened many crypto users to suspend Bitcoin payments as many of the cryptocurrencies lost valuations. However, Bitcoin user sentiments have not wavered one bit. It surprisingly still retains its position as the most used cryptocurrency despite the market volatility and reduced rate of crypto payments. Bitpay is one of the leading platforms where payments, exchanges, and storage of cryptocurrency take...

The crypto industry has continued winning the hearts of top shots in the financial sector; especially the Metaverse is attracting more key players . Many worlds central banks now research CBDC and how to implement it. Also, leading institutions in the industry have embraced cryptocurrencies one way or the other. For instance, JP Morgan Chase has moved to become a force in crypto,...

Even as the cryptocurrency market anticipates Ethereum Merge, many stakeholders are looking to maximize its outcomes. As per Wall Street bank JP Morgan, crypto exchanges could also benefit well from the much anticipated...

Even as huge liquidations continue across exchanges, things just appear to be starting to ease for retail crypto investors. Market analysts opine that the intense selling pressure experienced over the past few months is all but over now. Meanwhile, it remains to be seen if Bitcoin price would correct in near future as it trades...

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The banking industry has been a key part of our world for over a century. Although there have been improvements, the banking sector remains an essential part of our lives. Banks love to leverage technology and innovation to stay on top of their game. And that’s what most banks are doing with blockchain technology....

Following repeated setbacks to the crypto community, the market sentiment appears to be probably at its weakest this year so far. The meltdown of Terra network in May dealt a massive blow to investor sentiment which resulted in widespread crypto selloff. 3AC Liquidation Made It Worse For Crypto The dip in confidence resulted in massive...

3iQ’s fund operates as a mutual underlying fund of bitcoin holdings valued by the weighted average price of BTC without taking direct custody of any bitcoin.3iQ released a bitcoin ETF on Australia’s Cboe Exchange today which serves as a mutual fund of bitcoin holdings.The fund will not hold bitcoin directly.The CoinShares Bitcoin Feeder ETF will have the lowest fee structure...

The decline of the crypto market has been expected, especially for top digital assets such as Bitcoin, Ethereum, and Cardano. The fall has hit the market hard, especially with the collapse of one of the leading DeFi protocols, the Terra network. However, JP Morgan CEO, Jamie Dimon, believes that it is only beginning. Despite the market is more than 50% down from its...

Summary: A chart by the team at JP Morgan Chase superimposes Bitcoin's and Gold's ratios of realized volatilities and hints that BTC is acting a lot like the latter asset. Bitcoin's market cap and that of Gold could eventually equalize as they serve the same purpose. But Bitcoin's volatility hinders its market cap from growing to the level of Gold. Analysts forecast that...

JP Morgan is taking more profound steps in blockchain technology in recent development. This new generation bank now uses blockchain in maintaining its collateral statements. According to the report, JPMorgan Chase & Co has completed its pilot transaction on a blockchain. The use of blockchain technology and its...

Elliptic, a cryptocurrency risk management company, announced an investment coming from JP Morgan on Thursday, which is part of its $60 million Series C funding round.

Summary: JP Morgan is experimenting with blockchain technology in trading traditional financial assets. JP Morgan plans to expand to tokenized equities, fixed income collaterals, and other asset types. The bank could also dip its feet into DeFi. Earlier this week, JP Morgan's strategists had said Bitcoin could hit $38k in the near future and that digital assets were a better alternative to real...

Reading Time: < 1 minute Banking giant BNP Paribas has joined JPMorgan’s Onyx blockchain The Onyx platform allows banks to collateralize Treasuries as tokens and lend them for short periods Banks are more frequently turning to blockchain technology to modernize the...

Reading Time: 2 minutes JPMorgan has revealed the first successful test of a blockchain network that can resist attacks from quantum computers JPMorgan worked with Toshiba and Ciena on the 800 Gbps fibre-optic network The bank tested the development on its Liink new...