Tag: jpmorgan chase

Sep 22 2022

JPMorgan Chief Continues With His Crypto Rant, Backs Stablecoins

During congressional testimony on Wednesday, September 21, JPMorgan chief Jamie Dimon once again made a sharp attack on digital assets. “I’m a major skeptic on crypto tokens, which you call currency, like Bitcoin. They are decentralized Ponzi schemes," he added. This is not the first time that Jamie Dimon has... Read more

Aug 10 2022

JPMorgan Believes Bottom Is In For Crypto Market: Details

JPMorgan Chase appears to be rooting for cryptocurrencies of late despite Chairman Jamie Dimon's past records of BTC criticism. The crypto markets are currently experiencing a rejection following a relief rally that lasted for a few...

May 31 2022

Singapore’s Top Regulator Unveils Blockchain Program With DBS Bank And JP Morgan Chase

May 31 2022 Published at Ethereum World News under tags  defi jpmorgan chase news singapore

Singapore looks to incentive crypto innovation as companies leave for more accommodating locations like the Emirates.

Feb 08 2022

JPMorgan Strategist: Crypto Is Like Hydrogen

JPMorgan's chairman of investment strategy, Michael Cembalest, is wary of bitcoin and other cryptocurrencies. The JPMorgan strategist stated in a column published Feb. 3 that his comments were his own and not those of JPMorgan Chase. JPMorgan Strategist Raises Issues With Crypto Market While much of the United States recovers from last week's terrible winter storm, the ice around digital currencies looks to...

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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