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Demand for Crypto Soars: Bitcoin Funds Break Records, Goldman Sachs Wants In
18.1.2021
Investors are increasingly seeking exposure to bitcoin following the recent months-long price rally. Bitcoin exchange-traded products are seeing record trading volumes. Meanwhile, more big banks are reportedly trying to get into the crypto space, including Goldman Sachs. High Demand for Bitcoin...
JPMorgan Chase execs weigh in on stablecoin regulation, crypto competition
16.1.2021
While the OCC's new stablecoin guidance doesn't have an impact on JPM Coin, it could lead to crypto payments if there's demand
JPMorgan Provides $100M Financing Facility for Blockchain Mortgage Platform Figure
15.1.2021
The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions
Bitcoin price climbs 20% overnight as US banks brace for 40% profit cut
12.1.2021
Bitcoin made a swift 20% recovery from the weekend’s bloodbath, while American banks prepare to post major losses in their upcoming quarterly reports
JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US
12.1.2021
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....
Long-Desired Bitcoin ETF Could Actually Hurt Price in Short Term: JPMorgan
9.1.2021
An ETF could draw institutional money from the Grayscale Bitcoin Trust, a support for the price of the cryptocurrency, the report said
JPMorgan Predicts $146K Bitcoin Price as Competition With Gold Escalates
7.1.2021
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...
Blockchain Bites: JPMorgan’s $146K BTC Target, Crypto Responds to US Treasury’s Proposed Wallet Rule
5.1.2021
PLUS: The OCC's green light for banks to use stablecoins, Brazil's booming crypto sector and the bitcoin mining machine supply crunch
Bitcoin could hit $146K long-term by 'crowding out gold,' says JPMorgan
5.1.2021
Strategists at the American megabank believe the cryptocurrency has a chance to hit $146,000 in future years if it can evolve into a compelling alternative to gold
JPMorgan Predicts Bitcoin Price Could Rise Over $146,000 in Long Term
5.1.2021
Bitcoin is increasingly competing with gold as an investment asset and has scope for substantial gains over coming years, according to JPMorgan strategists
Current Bitcoin 'Mania' 'Unsustainable', Long-Term Target - Over USD 146K - JPMorgan
5.1.2021
The valuation and position backdrop has become a lot more challenging for the most popular cryptocurrency, bitcoin (BTC), on the first days of 2021, but the above-USD 146,000 theoretical price target should be considered as a long-term target, according to strategists at JPMorgan Chase &...
12 of the biggest enterprise blockchain players of 2020
28.12.2020
The enterprise blockchain space in 2020 looks a lot different from previous years, demonstrating the continuation and a drive to mature and advance
$200 Billion in Fines: Mega Banks Rack up Penalties From Illegal Activities
28.12.2020
Top U.S. banks have racked up almost $200 billion in fines and penalties over the past 20 years from illegal activities in 395 major legal cases. Bank of America tops the list, followed by JPMorgan, Citigroup, and Wells Fargo, according to a new report, which also covers Morgan Stanley and Goldman...
JPMorgan Warns of Bitcoin Correction, Describing BTC as Overbought
22.12.2020
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: Bitcoin is 'overbought' but will suck money out of gold
21.12.2020
Institutions need to keep buying to avoid a price drop, JPMorgan analysts say, but the outlook is rosy and will come at the expense of gold
Former JPMorgan exec joins Ripple's board
15.12.2020
CEO Brad Garlinghouse said O’Connor’s experience would help Ripple build “a more inclusive financial system.”
JPMorgan Sees $600 Billion Demand for Bitcoin From Global Institutional Adoption
15.12.2020
JPMorgan’s analysts have predicted significant demand for bitcoin following the $100 million purchase of the cryptocurrency by Massmutual. The analysts believe that other traditional investors, including pension funds, will follow suit, leading to a conservative estimate of $600 billion...
JPMorgan Discusses $600B in Potential New Bitcoin Demand
14.12.2020
MassMutual’s $100M BTC investment has the potential to open a massive new investment category, according to analysts
MassMutual’s $100M Bitcoin Investment Marks Adoption Milestone: JPMorgan
14.12.2020
JPMorgan analysts said MassMutual's recent $100 million bitcoin purchases are a sign of growing mainstream acceptance for the cryptocurrency
MassMutual Bitcoin purchase proves crypto demand is rising, JPMorgan says
14.12.2020
Even a nominal investment from insurance firms and pension funds could be significant for Bitcoin