US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000

JP Morgan and Wells Fargo, two of the largest banks in the United States, have announced their investments into Spot Bitcoin ETFs, unveiling their exposure to BTC, the worlds largest cryptocurrency. This significant development comes amidst the persistent downturn in the crypto market, resulting in BTCs price dipping slightly above $60,000.  US Financial Banks Expose [...]

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JPMorgan And Goldman Sachs Issue Bearish Warning Before Bitcoin Halving

Bitcoin still looks overvalued based on a lack of crypto venture funding and other indicators, JPMorgan claims

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Yield-Bearing Stablecoins Poised for Major Surge, JPMorgan Predicts

Yield-bearing stablecoins as well as tokenized Treasuries have gained increased popularity and could see substantial growth in future. JPMorgan analysts predict that the total stablecoin market share of yield-bearing assets may expand from 6% to 50%. This growth is imminent unless new regulatory restrictions slow down their expansion. Yield-Bearing Stablecoins to Dominate Market Share Yield-bearing […]

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Key Points | Mar. 2, 2024 | Bitcoin Could Slide to $42K JPMorgan

JPMorgan is predicting a Bitcoin price massive dump to $42,000. That and more news in today's Key Points.

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Bitcoins Soaring $72K: JP Morgan CEOs Cigarette Comparison Sparks Controversy

Jamie Dimon, the CEO of JPMorgan Chase, has once again ignited a fiery debate in the financial world, this time drawing parallels between Bitcoin and cigarette smoking. Speaking at the Australian Financial Review business summit, Dimon reiterated his longstanding skepticism toward the cryptocurrency, associating it with a litany of illicit activities, including sex trafficking, fraud, […]

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This is What Needs to Happen for Bitcoin to Reach $45K This Year According to JPMorgan

Institutional investors own roughly $3 trillion worth of gold, which could be good news for BTC.

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US Recession ‘Most Likely’ in 2023 and 2024 – JP Morgan Analysts

Economists at global investment bank JPMorgan shed some light on global viewpoints they look forward to unraveling in 2023 and 2024. According to them, the [...]

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AI That Gives Investment Advice? JP Morgan Working on ChatGPT Alternative

JP Morgan just filed a trademark for an A.I. program to select financial securities.

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JPMorgan Predicts Bitcoin (BTC) To Revisit $45,000, Here’s Why

In a recent note, JPMorgan strategists have made a prediction, suggesting that Bitcoin (BTC) could soar and revisit its former trading price of $45,000 due to the rising price of gold. This prediction comes amid Bitcoin’s price action of a blend of bulls and bears in the past week. Meanwhile, over the past 24 hours, [...]

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JP Morgan Analyst Calls on Fed to Stop Hiking Interest Rates

The economy may tip into recession as the Fed raises interest rates past February, predicts the analyst.

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Institutions Are Not Interested in Crypto, Says JPMorgan Senior Strategist

Institutional investors feel relieved they stayed away from crypto, said Jared Gross.

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JP Morgan: 13% of Americans have transferred money into crypto accounts

JP Morgan has released a new report showing that more than 13% of the American population have transferred funds into crypto accounts. The research sampled 5 million customers with checking accounts, 600,000 of whom had transferred money into a crypto account. Most new investors first fund a crypto account during spikes for Bitcoin price, according

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Kraken’s Dave Ripley Denounces SBF as a Fraudster

FTX's contagion will continue but will not reach Kraken, Ripley stated.

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JP Morgan Registers Trademark For a New Cryptocurrency Wallet

JP Morgan has a nocoiner CEO, but it is working on a cryptocurrency wallet to meet the market's needs.

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JPMorgan Chase Crypto Wallet Trademark Is Approved

Banking giant JPMorgan Chase’s application for a trademark for a digital wallet with crypto features has been awarded by the U.S. Patent Office after more than two years in application...

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JPMorgan Thinks Bitcoin Could Plunge to $13K Following the FTX Crisis

FTX's problems could propel a "cascade of margin calls," JPMorgan's team envisioned.

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3 Reasons Behind MATIC’s 17% Surge to 7-Week Highs

Over the last 24 hours, MATIC traded at nearly $1 for the first time in seven weeks. Here's why.

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JPMorgan Executes First DeFi Trade Using Polygon for MAS’ Project Guadian

DBS and SBI Digital Asset also joined the team to execute live trade using DeFi, tokenized deposits, and verifiable credentials.

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Kanye West Reps “Satoshi Nakamoto” Hat After JP Morgan Cutoff

The rapper’s debanking follows a series of controversial comments that got him banned from multiple social platforms.

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JPMorgan CEO Slams Crypto Again, Calls Bitcoin ‘Decentralized Ponzi Scheme’

True to himself, Jamie Dimon described himself as a "major critic on crypto tokens."

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