Tag: jpmorgan

Jan 25 2021

Ethereum-Based ConsenSys Quorum Partners with China’s BSN Blockchain

Jan 25 2021 Published at CoinDesk under tags  bsn business china consensys jpmorgan

The first partnership for Quorum since leaving JPMorgan is a big one.

JPMorgan: Bitcoin Traders Likely to Unwind Futures Positions

Bitcoin trades are more likely to unwind their futures position citing a slowdown in Bitcoin institutional participation, says JPMorgan! Just as Bitcoin (BTC) continues to face downward pressure over the last week, the...

Jan 21 2021

Increased Mainstream Adoption of Bitcoin Cuts Diversification Benefit, JPMorgan Says

Bitcoin's correlation with traditional markets could "erode" its "diversification value over time."

Jan 19 2021

Bitcoin’s Price Must Pass $40K to Halt Exodus of Traders: JPMorgan Analysts

A bearish outlook may be triggered if bitcoin doesn't claw its way back over $40,000, the analysts said.

Jan 15 2021

JPMorgan Provides $100M Financing Facility for Blockchain Mortgage Platform Figure

The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions.

Jan 11 2021

Bitcoin ETF Could Tank Prices, Say JPMorgan Strategists

Jan 11 2021 Published at Crypto Briefing under tags  bitcoin etf jpmorgan markets

JPMorgan strategists believe that if a Bitcoin ETF finally gets the green light from U.S. regulators, BTC could suffer in the short term. Some firms, like Grayscale, would bear more than just price damage too. ETF Could Hurt Bitcoin's Bull Run Due to the...

Jan 09 2021

ETF Could Hurt Bitcoin Price in Short Term: JPMorgan

Jan 09 2021 Published at CoinDesk under tags  bitcoin gbtc grayscale jpmorgan markets

An ETF could draw institutional money from the Grayscale Bitcoin Trust, a support for the price of the cryptocurrency, the report said.

Jan 05 2021

JPMorgan Puts $146,000 Price Tag on Bitcoin

Jan 05 2021 Published at Crypto Briefing under tags  bitcoin gold jpmorgan markets

JPMorgan, one of the world's largest investment banks, predicts Bitcoin could reach a value of $146,000. According to a Bloomberg report published Monday, a team of analysts cited the digital currency's role as a form of...

JPMorgan’s $146,000 Bitcoin Price Scenario

The Bank predicts a long-term price target of $146,000 for Bitcoin and expects investors to pull money out of gold.

JPMorgan Predicts Bitcoin Price Could Rise Over $146,000 in Long Term

Jan 05 2021 Published at CoinDesk under tags  bitcoin business jpmorgan markets news

Bitcoin is increasingly competing with gold as an investment asset and has scope for substantial gains over coming years, according to JPMorgan strategists.

BTC-to-Gold Ratio Hits New High, JPMorgan Predicts $146,000 Bitcoin Price Target for Long Term

The Bitcoin (BTC) price rally over the last weekend pushed the world's largest cryptocurrency to a new all-time high above $34,000. In a year's time, the BTC price has literally quadrupled driven by massive...

Dec 21 2020

JPMorgan Presents Bitcoin Correction Scenario

The Bank mentioned a strong case of Bitcoin correction if funds into the Grayscale Trust slow down dramatically.

A Slowing of Grayscale Bitcoin Fund Inflows Could Prompt Price Correction: JPMorgan

Digital asset investment firm Grayscale is sucking up so much bitcoin it could sway prices.

JPMorgan Sees Bitcoin at $650,000

JPMorgan, one of the largest investment banks in the world, considers Bitcoin (BTC) could eventually reach $650,000 if its market capitalization becomes that of gold. JPMorgan released a […]

Dec 18 2020

Goldman Sachs Defies JPMorgan, Says Bitcoin’s Growth No Threat to Gold

There's been a lot of buzz with the Bitcoin vs Gold debate picking up in the last few months. However, two of the Wall Street banking giants have come at odds on a common opinion. A few days back, JPMorgan strategists said...

Dec 14 2020

JPMorgan Discusses $600B in Potential New Bitcoin Demand

Dec 14 2020 Published at CoinDesk under tags  bitcoin jpmorgan massmutual people podcasts

MassMutual’s $100M BTC investment has the potential to open a massive new investment category, according to analysts.

MassMutual’s $100M Bitcoin Investment Marks Adoption Milestone: JPMorgan

Dec 14 2020 Published at CoinDesk under tags  bitcoin business jpmorgan markets massmutual

JPMorgan analysts said MassMutual's recent $100 million bitcoin purchases are a sign of growing mainstream acceptance for the cryptocurrency.

JPMorgan Predicts $600 Billion Bitcoin Demand

The Bank said that even 1% of asset allocation by large financial companies would result in $0.6 trillion BTC demand.

JPMorgan: MassMutual’s Bitcoin (BTC) Bet Hits Rising Institutional Demand

cJPMorgan strategists have backed the recent $100-million Bitcoin investment by insurance giant Massachusetts Mutual Life. Last week, the 169-year-old investment giant...

Dec 13 2020

Weekly Round-Up: Bitcoin (BTC) & Ethereum (ETH) Enter Recovery, XRP Drags Further Losses

The last week in the crypto market remained a bit exciting, not in terms of the market movement but in terms of institutional developments happening in the cryptosphere. The overall cryptocurrency market remained under pressure while losing...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: