1 / 11 Relevant items tagged with #Jpmorgan
JPMorgan Boss Jamie Dimon Warns ‘Something Worse’ Than a Recession Could Be Coming
PoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit
Goldman Sachs, JPMorgan Predict Euro-Area Recession
[Jul 28 11:30 PM] Global investment banks Goldman Sachs and JPMorgan have predicted an imminent recession in the euro area. “The risks to our forecast are skewed toward a sharper recession in the event of an even more severe disruption of gas flows, a renewed…
JP Morgan Claims Drop In Bitcoin Production Cost Is Negative For BTC Price
[Jul 15 1:00 PM] The recent crypto winter has affected miners negatively to the extent that many sold off their Bitcoin and other crypto holdings. In addition, many of these miners could not even pay their loans since their rigs’ values plummeted. As the…
Bitcoin derivatives data suggests bears will pin BTC below $21K leading in Friday’s options expiry
[Jul 14 6:36 PM] Bitcoin’s failure to break above $22,000 on July 8 opened room for bears to score a $100 million profit in this week’s options expiry.
Bankman-Fried Is Looking At “Secretly insolvent” Small Exchanges & Crypto Miners
[Jun 29 3:44 AM] It’s Sam Bankman-Fried’s moment. The FTX and Alameda Ventures golden boy put both of his companies in a winning position and seems to be carrying the spoils away. The recent Forbes piece about secretly insolvent exchanges puts it best, “Like J.P…
Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales
[Jun 27 2:00 PM] Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining…
3iQ Launches Australia’s Third Bitcoin ETF With A Unique Structure
[Jun 8 2:18 PM] 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…
Has JPMorgan Become Bitcoin’s Best Friend?
[Jun 6 12:00 PM] A recent note from JPMorgan Chase suggested the bank realizes that bitcoin isn’t going anywhere. But what do the rent seekers really think?There was a lot of fanfare made recently over an investment note from JPMorgan Chase which seemed to elevate…
Goldman Sachs President Warns of ‘Unprecedented’ Economic Shocks and Tougher Times Ahead
Singapore’s Central Bank, DBS, JPMorgan Collaborate to Explore Uses of Digital Assets, Defi
[Jun 2 6:30 AM] The Monetary Authority of Singapore (MAS) has partnered with major banks and financial services companies to explore the uses of asset tokenization and decentralized finance (defi). DBS Bank and JPMorgan will pilot the first project. Project…
JPMorgan CEO Jamie Dimon Warns of Incoming Economic Hurricane — Says ‘You Better Brace Yourself’
JPMorgan Foresees Increased Blockchain Use in Finance — Prepares to Offer Related Services
[May 27 2:30 AM] JPMorgan expects blockchain use in finance to increase as the crypto sector grows. The global investment bank says, “We want to make sure that we are able to not only support that but also be ready to provide related services.”…
JPMorgan trials blockchain for collateral settlement in after-hours trading
[May 27 2:08 AM] “What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice.
JPMorgan Sees ‘Significant Upside’ to Bitcoin — Replaces Real Estate With Crypto as ‘Preferred Alternative Asset’
JPMorgan: Bitcoin Is Undervalued; Says Fair Price Is 28% Higher
[May 25 5:08 PM] Despite the crypto bear market, JPMorgan believes bitcoin is grossly undervalued. The bank today repeated its appraisal of bitcoin’s fair worth of $38,000, which it awarded the cryptocurrency in February when it was trading around $43,400…
JPMorgan Sees 28% Upside For Bitcoin: Report
[May 25 3:33 PM] JPMorgan thinks bitcoin is below its ‘fair price’ and now features among the bank’s preferred alternative investments.Banking giant JPMorgan said in a note Wednesday that bitcoin and cryptocurrencies are now among its preferred “alternative”…
Report: 100,000 Cubans Are Using Cryptocurrencies to Bypass Financial Sanctions
[May 3 9:40 PM] On May 2, 2022, a report stemming from the broadcast television and radio network the National Broadcasting Company (NBC), 100,000 Cubans are leveraging crypto assets. The report says increased crypto usage is due to the fact that Cubans cannot use…
Buffett back bashing Bitcoin, claims it 'doesn't produce anything'
[May 2 3:53 AM] “If you told me you own all of the Bitcoin in the world and you offered it to me for $25 I wouldn’t take it because what would I do with it?” Warren Buffett said.
JPMorgan CEO Jamie Dimon Skeptical of Crypto but Says ‘Not All of It Is Bad’
[May 1 12:30 AM] Jamie Dimon, the CEO of JPMorgan Chase, says that he does not particularly like crypto but will defend your right to invest in it. However, he sees benefits in some aspects of digital currency. JPMorgan’s Jamie Dimon on Crypto, Digital…
Fidelity Launches Multi-Level Learning Center in Metaverse
[Apr 23 2:30 AM] Fidelity Investments, a major financial services firm with $11.3 trillion in assets under administration, has entered the metaverse with the opening of an eight-story learning center and the launch of a metaverse exchange-traded fund (ETF). The…
JPMorgan Sees ‘Bullish Outlook’ for Bitcoin as Inflation Concerns Push BTC Price Higher
[Oct 24, 2021 1:30 AM] Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs…
JPMorgan: Bitcoin’s Record Run Is Being Driven By Inflation
[Oct 21, 2021 5:03 PM] A team of strategists at the big bank said inflation concerns rather than the bitcoin-linked ETF are driving BTC prices higher.Inflation concerns are driving Bitcoin’s record run, JPMorgan strategists said.Gold is failing to perform as an inflation…
JPMorgan says inflation concerns, not ETFs, driving Bitcoin price jump
[Oct 21, 2021 9:45 AM] JPMorgan strategists say that interest in the newly launching BITO Bitcoin ETF could cool after a week or so.
Blackrock CEO Agrees With JPMorgan Boss Jamie Dimon About Bitcoin, Sees ‘Huge Role for Digitized Currency’
Billionaires are backing Bitcoin over gold ... but some say Ethereum is even better
[Oct 14, 2021 5:39 AM] “The reason I own Bitcoin is because the U.S. government and every government in the western hemisphere is printing money now to the end of time,” said Billionaire Barry Sternlicht.
JPMorgan Boss Jamie Dimon Says Bitcoin Is Worthless, Questions BTC’s Limited Supply
Bitcoin's $100K price target returns as BTC price breaks out of bull pennant
[Oct 11, 2021 3:57 PM] The bullish analogy appears as Bitcoin reserves across all the crypto exchanges fall to their lowest in the previous 12 months, suggesting holding sentiment among traders.
Institutions buying Bitcoin rather than gold as inflation cranks up: JPMorgan
[Oct 8, 2021 2:57 AM] According to JPMorgan this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin.