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JPMorgan Expects Dollar Dominance to Persist Even if China Overtakes US as World’s Largest Economy
19.6.2023
JPMorgan’s strategists have explained that even if China overtakes the U.S. as the world’s largest economy around 2030, the U.S. dollar may remain the world’s dominant currency for the rest of the 21st century. The global investment bank cited the historical experience of when...
SEC Crypto Crackdown Adds Urgency for U.S. Lawmakers to Produce Regulatory Framework This Year: JPMorgan
12.6.2023
Without a more solid legal framework, cryptocurrency activity will probably continue moving outside the U.S. and into decentralized entities, the report said
JPMorgan CEO Jamie Dimon Urges Against Challenging US Dollar’s Reserve Currency Status
8.6.2023
JPMorgan Chase CEO Jamie Dimon has urged against challenging the U.S. dollar’s reserve currency status amid the ongoing de-dollarization trend globally. “The United States is the fundamental foundation of the global economy. The U.S. dollar is the fundamental reserve currency,” Dimon said...
Today in Crypto: JPMorgan Partners with 6 Indian Banks on Blockchain-Based Interbank Transactions, APPG Makes 53 Crypto Recommendations to the UK Government, Charles Hoskinson Warns About the Rise in AI-generated Frauds
5.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: JPMorgan Partners with 6 Indian Banks on Blockchain-Based Interbank Transactions, APPG Makes 53 Crypto...
Ethereum Validator Activation Queue Grows: 90,000+ Validators Waiting in Line
5.6.2023
Ethereum faces congestion for validators to enter and begin staking in the protocol. According to data from Wenmerge, an information dashboard, more than 90,000 validators are waiting to provide protocol validation services on Ethereum. This means a validator entering the queue today must wait more...
JPMorgan uses blockchain for 24/7 dollar transfers with Indian banks
5.6.2023
JPMorgan applies blockchain to interbank dollar transactions in India amid the growing signs of global de-dollarization
Bitcoin Retail Demand to Remain Strong Ahead of Halving Event: JPMorgan
5.6.2023
The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said
JPMorgan, 6 Indian Banks to Settle Dollar Trades on Onyx Blockchain System: Bloomberg
5.6.2023
The aim of the project is to settle dollar trades in real time around the clock as opposed to over a matter of days and only during the working week
Billionaire Investor Bill Ackman Insists JPMorgan Boss Jamie Dimon Should Run in the 2024 US Presidential Race
1.6.2023
Billionaire investor and Pershing Square Capital Management CEO, Bill Ackman, has asserted that JPMorgan Chase’s chief executive, Jamie Dimon, should enter the 2024 United States presidential race. Ackman claims that the current president Joe Biden is “extremely weak and in cognitive...
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...
JPMorgan Chase enters generative AI race with IndexGPT trademark
27.5.2023
JPMorgan's ChatGPT rival, IndexGPT, will be used across various business units, including advertising, business consulting and various finance-focused software as a service (SAAS) services among others
JPMorgan Boss Warns ‘Everyone Should Be Prepared’ for Interest Rates ‘Going Higher From Here’
23.5.2023
JPMorgan Chase, the largest bank in the United States, held its investor day event on Monday, where CEO Jamie Dimon answered questions from analysts and journalists. Despite market expectations of a rate hike pause, Dimon cautioned that people “should be prepared for rates going higher from here.”...
Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan
19.5.2023
Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said
‘It’s going to get worse for banks’ — JPMorgan CEO on overregulation
12.5.2023
JPMorgan CEO says the Fed should be less focused on adding more rules and regulations for banks and more on fixing the banking crisis
JPMorgan CEO Jamie Dimon in Favor of Abolishing Debt Limit; States Getting Close to Default Can Cause Panic
11.5.2023
Jamie Dimon, CEO of JPMorgan, stated that he favored abolishing the debt limit, giving the government the faculties to extend its debt without congressional action. Dimon also stated that even the drama surrounding the build-up to extending or not extending the debt limit could cause panic, as...
SEC Blasted on Custody Proposal by JPMorgan, Crypto Firms and a Fellow Agency
9.5.2023
The U.S. Securities and Exchange Commission (SEC) went too far when it proposed a new rule demanding investment firms safeguard all of their clients’ assets – including crypto – with approved custodians, according to an array of critics not often in alignment. The proposal drew loud objections from...
SEC Probes First Republic Bank Executives for Insider Trading; Lawmakers Dump Bank’s Shares Before Collapse
6.5.2023
After the second largest bank failure in history, the U.S. Securities and Exchange Commission (SEC) is reportedly investigating First Republic Bank executives for allegedly engaging in insider trading. Two sources have claimed that the securities regulator is scrutinizing the bank’s...
U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan
5.5.2023
This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said
How can Bitcoin hold $28K amid the banking crisis?
2.5.2023
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin’s $28,000 support has a chance amid the recent banking crisis
Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry
2.5.2023
Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as regional bank stocks hit...