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Nalezeno "jpmorgan bitcoin": 57

JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US


JP Morgan’s analysts say that the U.S. Securities and Exchange Commission (SEC) approving a bitcoin exchange-traded fund (ETF) is likely negative for bitcoin in the near term. There is optimism around the prospect of the SEC approving a bitcoin ETF under new leadership, the analysts say....

JPMorgan Predicts $146K Bitcoin Price as Competition With Gold Escalates


JPMorgan’s analysts have made a case that bitcoin’s price could reach $146,000 as the cryptocurrency’s competition with gold heats up. Meanwhile, the firm’s global strategist sees the current bitcoin bull run as being similar to the bull run of 2017. He warns of three risks...

JPMorgan Warns of Bitcoin Correction, Describing BTC as Overbought


JPMorgan’s analysts have warned about the odds of a bitcoin correction which would increase if the flows into Grayscale’s bitcoin trust slow significantly. The analysts indicated that bitcoin is “overbought.” JPMorgan Reveals Bitcoin’s Outlook The analysts at JPMorgan...

JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees


JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles...

JPMorgan Chase Starts Accepting Bitcoin Businesses for Banking Services


JPMorgan Chase has reportedly started providing banking services to bitcoin businesses, with the first two clients being Coinbase and Gemini exchanges. JPMorgan also recently recommended having cryptocurrency in investment portfolios as its CEO, Jamie Dimon, changed his mind about bitcoin. JPMorgan...

A Surprise from JPMorgan: 'Bitcoin Has Intrinsic Value'


Bitcoin has intrinsic value, admitted a team of strategists at major investment bank JPMorgan Chase & Co and warned that the coin mirrors a boom-bust pattern of 2017. According to the strategists, bitcoin price now surges beyond its “intrinsic value,” trading about twice as high as where...

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