Tag Archives: jpmorgan

CoinspeakerJPMorgan Shows Hurdles Ahead for Bitcoin Miners as Halving Is Getting Closer The report highlights that the rapid growth in the Bitcoin hashrate is unlikely to continue at the same pace after the halving event. JPMorgan Shows Hurdles Ahead for Bitcoin Miners as Halving Is Getting Closer

Several strategists at JPMorgan are quite bullish on bitcoin even though their boss – JP Dimon – hasn’t always been kind towards the asset. JPMorgan Document Suggests Gold-BTC Correlation In the past, Dimon has said some rather disparaging things about the world’s leading crypto asset. However, this hasn’t stopped JPMorgan from cashing in on the digital currency and publishing regular reports about its price upheavals and volatility. In a recent document, the...

CoinspeakerJPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS The increase in Q2 2023 figures show that JPMorgan is not negatively affected by its recent acquisition of First Republic Bank. JPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS

CoinspeakerBernstein: Bitcoin Mining Is Game of Nerves, Might See AI Diversification Bernstein believes that going ahead only big players would be able to survive as mining costs continue to rise. Bernstein: Bitcoin Mining Is Game of Nerves, Might See AI Diversification

CoinspeakerJPMorgan: Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto The report acknowledges that physically-backed Bitcoin ETFs offer certain advantages over futures-based funds. JPMorgan: Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto

Now, wholesale payment clients including renowned multinationals can choose to transfer either dollar or euro to/from their JPMorgan accounts anywhere in the world.  American multinational investment bank JPMorgan Chase & Co (NYSE: JPM) has introduced euro-dominated payments for its corporate clients as unveiled by Basak Toprak, JPMorgan’s head of Coin Systems for Europe, the Middle East and Africa. This was delivered as part of the investment giant’s plan to expand one of the most...

In a report published June 15, JPMorgan’s analyst Nikolaos Panigirtzoglou said that SEC officials were unsure of Ethereum’s legal status in 2018. Leading American financial services company JPMorgan has highlighted the significant impact of the release of the Hinman documents on Ethereum in an ongoing court case between the United States Securities and Exchange Commission (SEC) and blockchain firm Ripple Labs. According to reports, Hinman’s documents, which include emails tied to former...

It remains uncertain how the upcoming halving will affect Bitcoin’s price behavior, especially with global liquidity appearing to have peaked in the near term. With the next Bitcoin (BTC) halving anticipated in the second quarter of 2024, there is considerable speculation about its potential impact on the performance of the leading crypto asset and the market in general. However, according to reports, a new  Coinbase publication suggests that while halving is often seen as a positive event...

Among other items on his itinerary, Bill Gates visited Xi Jinping in Beijing. However, specific details about their discussions is unknown. Microsoft co-founder Bill Gates met Chinese President Xi Jinping in Beijing on Friday. The talk between them comes on the third day of Gates’ visit and one day after his meeting with the mayor of Beijing, Yin Yong. Although there are no official details of Bill Gates’ meeting with President Xi Jinping, the meeting with the Beijing mayor reportedly...

JPMorgan analysts believe that retail investors resolve to accumulate Bitcoins will only go stronger as we approach close to the next halving in mid-2024. After a strong start to the year 2023, Bitcoin (BTC) has been facing some selling pressure over the last few weeks. Over the last 24 hours, the BTC price has tanked by 2% slipping under $27,000. However, banking giant JPMorgan is confident that Bitcoin will continue to see retail demand until the next halving event of mid-2024. In a...