Tag: jpmorgan chase

Oct 11 2021

JPMorgan CEO Says Bitcoin Is ‘Worthless’

Bitcoin's reaction to Dimon's words was muted after it made the headlines on the wires.

Sep 27 2021

Morgan Stanley Doubles its Stake in Grayscale Amid China’s Crypto Crackdown

American multinational investment bank and financial services company, Morgan Stanley has doubled its stake in Grayscale Bitcoin Trust (GBTC) despite the latest crackdown on the premier cryptocurrency by Chinese regulators. As unveiled by market analyst, MacroScope, drawing on the company’s latest filing with the US Securities and Exchange Commission (SEC), the banking giant, through the The post Morgan Stanley Doubles its Stake in...

Aug 19 2021

Chase Closes Bank Accounts of Compass Mining

Compass Mining is one of the largest providers of Bitcoin mining services.

Aug 05 2021

Jul 03 2021

Here’s Why JPMorgan Chase Believes Ethereum Staking Would Become A $45B Industry

TradeFi multinational financial services provider JPMorgan Chase is apparently more bullish on Ethereum staking than the crypto-enthusiasts themselves. In a cryptocurrency market analysis report released to private clients on Jun 30, multiple experts argued that the Ethereum staking "currently a $9bn business for the crypto economy, will grow to $20bn following the...

Jun 23 2021

Goldman Sachs Jumps On JPMorgan’s Repo Blockchain To Start Crypto Trading

Goldman Sachs Group Inc. has joined the blockchain-based network created by JPMorgan Chase & Co. for repurchase agreements that use smart contracts and a digitized version of the U.S. doll Goldman Sachs On JPMorgan's Blockchain In an interview with...

May 12 2021

Ethereum (ETH) Topples VISA,Samsung and JPMorgan With New All-Time High of $4300

A day after slipping below $4000 during a market-wide rally, the world's second-largest cryptocurrency Ethereum (ETH) has bounced back strongly today to hit a new all-time high of $4300. At press time, ETH is trading 10.59% up at a...

Apr 26 2021

Jan 18 2021

Bitcoin at Risk below $40,000, Says JPMorgan Strategists

The research report says that there is a possibility of BTC correction if Bitcoin's price fails to break above $40,000.

Oct 27 2020

JPMorgan Goes Live with Commercial Use of Its ‘JPM Coin’

JPMorgan also created a new unit to handle its blockchain business. Called Onyx, it employs more than 100 dedicated staffers.

JPMorgan’s Stablecoin JPM Coin is Finally Here

After days of hype around its stablecoin, JPM Coin — JPMorgan Chase's own stablecoin — is now finally in use....

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