Tag Archives: jpmorgan

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The blockchain arena is getting a big boost from financial giant JPMorgan, which recently completed its first cross-border transaction using the technology that’s become so prominent in the crypto space. JPMorgan Is Giving Defi a Real Boost The transaction occurred in the decentralized finance (defi) arena, thus bringing one of the world’s largest monetary institutions to the world of autonomous banking. The move is being hailed as a real clincher for digital currency,...

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Jamie Dimon – the head of JPMorgan Chase – has often spoken ill of bitcoin, so we already know he’s not a major cryptocurrency fan. However, in a recent interview, he offered even harsher words about the world’s number one digital currency by market cap, going so far as to say it was a Ponzi scheme and saying it was “dangerous” for investors. Jamie Dimon Shows More Anger Towards BTC The bitcoin and cryptocurrency spaces have fallen into serious problems over the past...

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Michael Cembalest – chairman of investment strategy for financial giant JPMorgan – said in a recent interview that he’s not crazy about bitcoin and the world of crypto, suggesting that despite how much bitcoin expands and how popular it becomes, the currency is not going to rub everyone the right way. Michael Cembalest Can’t Justify Crypto Excitement Throughout the interview, Cembalest stated that the opinions expressed were his own and not those of JPMorgan. He says...

2022 was supposed to be the year in which bitcoin reached the six-figure mark. Many analysts believed that by the end of the year, $100,000 would be achievable for the world’s number one digital currency by market cap. However, given the recent bearish trends bitcoin has been following, a poll released by financial giant JPMorgan suggests that many people are changing their minds. JPMorgan Poll Shows Fewer and Fewer People Believing in the Power of BTC 2021 was arguably...

Just a few days ago, JPMorgan announced that it felt bitcoin was in line to reach a whopping price of roughly $146,000 per unit. Despite this big news, the financial giant is now claiming that its primary competitor Ethereum is still the better bet for crypto fans. JPMorgan Report Says Ethereum May Be Stronger Than BTC This statement came out in a recent report published by JPMorgan, in which analysts talk about rising interest rates and ongoing inflation. The company...