Search
JP Morgan Chase Files Trademark for Finance-Themed Chatbot in US
27.5.2023
JP Morgan Chase has filed a trademark application with the US Patent and Trademark Office for a finance-themed AI chatbot named “IndexGPT.”
According to the application filed earlier this month, the tool is intended to assist investors in selecting financial securities and financial...
What's Next for Crypto Prices as US Regional Banks Take a Hit? – yPredict Tool Makes AI Price Predictions Easy
5.5.2023
The US banking sector is in the midst of a crisis, and the government's efforts have been insufficient, and some would even say damaging.
As regional banks face financial headwinds, the cryptocurrency market is on the lookout for ripple effects.
Amidst the crisis, yPredict's presale has received...
Uniswap founder's bank account shut down by JP Morgan Chase, shadow-debanking allegations surface
24.1.2022
Banks do not need to provide an explanation when shut down accounts owned by clients deemed "too risky," according to former CFTC commissioner Brian Quintenz
Report: JP Morgan Boss ‘Not Happy’ as Capital Positions Exemption for Big Banks Ends
23.3.2021
On March 19, 2021, the U.S. Federal Reserve Board published a press release that detailed the temporary supplementary leverage ratio easements will be expiring as scheduled. U.S. banks will no longer have the relaxed capital requirements they once held since the onset of the Covid-19 outbreak....
Pfizer’s Pandemic Vaccine News Fails to Dampen Interest in Bitcoin
11.11.2020
The recent announcement by Pfizer of a potential Covid-19 vaccine sparked an immediate rally of global stocks worst hit by the pandemic response. The rally helped major indices including the New York Stock Exchange (NYSE) Composite Index and Europe’s Stoxx to go up by approximately...
Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year
16.9.2020
The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50%...
Covid-19 Stimulus: Banks Will Gain $18 Billion in Fees for Processing PPP Relief Loans
15.7.2020
The world’s banking cartel will gather $18 billion in fees for facilitating the settlement of small business Paycheck Protection Program (PPP) relief loans leveraged during the Covid-19 pandemic. The $640 billion in PPP relief loans stem from the CARES Act and allegedly there’s only...
American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System
30.5.2020
The Federal Reserve System was created after the “Panic of 1907” and ever since its inception in 1913, the Fed is one of the most powerful modern central banks in the world. Moreover, the Fed has always been either celebrated or criticized for stepping in whenever the U.S. is stricken...
Institutional and Retail Bitcoin Futures Demand Continues to Climb
12.1.2020
2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong and the firm’s options products may be available this week. Additionally, Bakkt’s physically-delivered bitcoin futures have consistently...
Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet
2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...
JP Morgan Chase Ship Busted: Cocaine, Banks and the Failed Drug War
11.7.2019
A ship seized by the U.S. Customs and Border Protection Agency in June carrying over 15,000 kilos of cocaine has now been tied to JP Morgan Chase’s asset management unit. Officially the company does not exercise any operational control of the vessel, but some serious questions are raised when...
Another Crypto Exchange Launches OTC Desk While Huobi Global Unveils a Token Launch Platform
23.3.2019
Poland-based cryptocurrency exchange BitBay has launched a crypto over-the-counter (OTC) trading desk. A well-known community trader claims that the price of Bitcoin may fall below $3,500 before the next major break-out can be possible. Huobi Global, one of the largest […]
The post Another...
More Capital Flows to the Crypto Sector as Bloomberg Suggests that Bitcoin is Running out of Steam
14.3.2019
A Bloomberg Intelligence analyst believes that Bitcoin’s recent momentum may be running out of steam, resulting in another sell-off and price plunge. Crypto futures exchange CoinFLEX has garnered financial support from two crypto venture firms and added more big names […]
The post More...
Invesco Blockchain ETF to Debut on London Stock Exchange, Facebook’s Cryptocurrency a Potentially Cash Cow
12.3.2019
Apart from the falling digital asset prices, the crypto industry is going through a good spell as positive developments have been announced in the past days. American based asset manager Invesco has launched a blockchain-based ETF that will trade on […]
The post Invesco Blockchain ETF...