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Kiyosaki Reacts to $200 BTC Crash Prediction, Miners Offload BTC Ahead of Halving, and More — Week in Review
14.4.2024
Robert Kiyosaki expressed his stance on potentially investing more in Bitcoin if its price plummets to $200, as economist Harry Dent has forecasted. Cryptoquant data reveals that Bitcoin miners are selling off their holdings in anticipation of the network’s upcoming halving event, which...
Ether Spot ETFs Still Have No More Than 50% Chance of Approval in May: JPMorgan
11.4.2024
There will probably be litigation against the SEC after May if ether ETFs aren’t approved, the report said
Peter Schiff Warns High Inflation Returning — Accuses JPMorgan CEO Jamie Dimon of Sugarcoating the Problem
10.4.2024
Economist and gold bug Peter Schiff has warned that high inflation will return with a vengeance and significant Fed rate hikes will be necessary. He also criticized JPMorgan CEO Jamie Dimon for downplaying the severity of the U.S. economic situation. However, he conceded that Dimon’s...
JPMorgan CEO Jamie Dimon Warns Against U.S. Inflation, Praises AI
8.4.2024
JPMorgan CEO Jamie Dimon is warning fellow shareholders about increased U.S. inflation while praising the development of AI, his 2023 annual letter to shareholders reveals. His comments come amidst greater conversations regarding the impact of current inflation rates as well as consequences of...
JPMorgan CEO Jamie Dimon's Annual Letter: Interest Rates Could Go Far Higher Than Many Expect (Full Text)
8.4.2024
Dimon believes investors are being overly optimistic with respect to the chances for an economic soft landing
JPMorgan Anticipates SEC Approving Spot Ethereum ETFs After Litigation Process
7.4.2024
Global investment bank JPMorgan anticipates that the U.S. Securities and Exchange Commission (SEC) will eventually approve spot ether exchange-traded funds (ETFs). However, the firm pegs the chance of approval in May at 50%, foreseeing a potential litigation process if an ether ETF application...
Ether Could Avoid Designation as a Security With Centralization Risk Easing, JPMorgan Says
4.4.2024
Staking platform Lido’s share in staked ether has continued to fall, reducing concerns about concentration in the Ethereum network, the report said
BlackRock, JPMorgan lead shift to asset tokenization on public blockchains
2.4.2024
Big-time players such as BlackRock, JPMorgan, and an entire gamut of investors are inclined towards tokenizing assets through the incorporation of public blockchains. This is partly due to their standards of safety and upgradability. They attract much attention because of increased liquidity...
JPMorgan: Bitcoin Still Overbought Despite Price Drop
25.3.2024
Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks...
JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction
22.3.2024
Bitcoin has experienced a pullback of over 10% from its all-time high, with the demand for spot Bitcoin exchange-traded funds (ETFs) showing signs of moderation.
The post JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction appeared first on Cryptonews
Bitcoin Remains Overbought Despite Recent Correction, JPMorgan Says
22.3.2024
The pace of net inflows into spot bitcoin ETFs has slowed considerably, with a significant outflow recorded in the past week, the report said
Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan
15.3.2024
As reported by a JP Morgan analyst, Bitcoin has surged past gold in terms of investor portfolio allocation, taking volatility into account.
The post Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan appeared first on Cryptonews
Palworld Devs Say ‘Triple-A Games Are Not For Us’
15.3.2024
One of 2024's biggest games, Palworld, was not developed by a big team. In fact, Pocketpair founder Takuro Mizobe recently told Bloomberg that the studio is tight-knit because it’s modest in size, comprising just 55 people in Tokyo. Mizobe also said that he not only wants to keep Pocketpair...
Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says
15.3.2024
The bank raised its price target for the crypto exchange to $150 from $95
Gold Investors Aren't Switching Into Bitcoin, JPMorgan Says
15.3.2024
Outflows from gold exchange-traded funds and a surge in bitcoin ETF inflows fueled speculation investors were shifting from the precious metal into the cryptocurrency
Speculators And Retails Are Driving Latest Bitcoin Rally, Says JPMorgan
14.3.2024
JPMorgan analysts remain bearish on Bitcoin’s near-term future, believing the asset’s current rally is attributable to retail and speculative institutions.
The post Speculators And Retails Are Driving Latest Bitcoin Rally, Says JPMorgan appeared first on Cryptonews
Jamie Dimon Defends Right to Buy Bitcoin Even Though He Never Will
12.3.2024
Dimon has been a consistent critic of the cryptocurrency over the years and his latest comments demonstrate nothing has changed despite the ongoing mainstream adoption of bitcoin in the form of ETFs in the U.S
JPMorgan CEO Jamie Dimon Says He ‘Won’t Personally Ever’ Buy Bitcoin
12.3.2024
The chief executive of JPMorgan Chase, Jamie Dimon, has doubled down on his anti-crypto stance, declaring that he will never personally buy bitcoin. His investment bank, however, is an authorized participant for Blackrock’s spot bitcoin exchange-traded fund (ETF). Despite his personal...
Bitcoin Mega Whale Resurfaces, JPMorgan Expects BTC Price to Drop, Bitcoin Cash Soars 40%, and More — Week in Review
10.3.2024
A significant bitcoin “mega whale” moved 3,000 vintage bitcoins from 2010 as BTC peaked at $69,210. JPMorgan predicted a post-halving drop in bitcoin’s price to $42,000, citing current euphoria levels. Meanwhile, bitcoin cash experienced a 40% surge in anticipation of...
JPMorgan Says ‘Unrealistic’ to Expect Bitcoin to Match Gold Within Investors’ Portfolios
10.3.2024
JPMorgan says the argument that bitcoin’s market cap would rise to $3.3 trillion if it matched gold in portfolios, implying more than doubling in price, overlooks risk. “It would be unrealistic to expect bitcoin to match gold within investors’ portfolios in notional...