Tag: jp morgan

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...

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...

JP Morgan's CEO...

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...

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....

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"...

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...

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"...

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...