Cryptocurrency Analysis and News Portal
A LinkedIn post from JPMorgan Managing Director Naveen Mallela shares that the programmable payments product JPMorgan Chase & Co’s JPM Coin is now generally available to institutional clients. The product will enable users to manage automated functions, including dynamic funding, which allows the specification of a range of rules for dynamically
Read More
Multinational banking firm JPMorgan has rolled out a programmable payment feature for institutional users of its private blockchain platform, JPM Coin.Naveen Mallela, head of JPMorgan’s bank-led blockchain platform Onyx, shared details of the new functionality on LinkedIn via an initial report from Bloomberg. According to Mallela, the programmable payments feature is now
Read More
The financial giant is allowing clients to plug in conditions for funds to be moved to cover overdue payments or margin calls, according to an email on Friday. Previously, they had to set standing orders for payments to take place at a particular time, whereas now they can program them
Read More
JPMorgan analysts have cast a skeptical eye over the recent crypto rally, indicating it may be built on sand rather than solid
Read More
The rally in the crypto market looks overvalued, say JPMorgan Chase analysts. According to The Block, the bank noted the high expectations of traders and investors dictated by several factors. Among them, experts identified two main ones: the prospect of approval by the US Securities and Exchange Commission (SEC) of
Read More
The SEC faces potential legal challenges over its handling of spot Bitcoin ETF applications, amidst rising institutional interest in cryptocurrencies, as highlighted by JPMorgan analysts. The burgeoning cryptocurrency market is once again at a crossroads with the U.S. Securities and Exchange Commission (SEC) facing potential legal challenges if it decides to
Read More
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
Read More
“Our futures position proxy based on CME bitcoin futures, which tends to be used mostly by institutional investors, has spiked over the past week rising not only to the highest level for this year but also to levels last seen in August 2022 before the FTX collapse,” the analysts wrote,
Read More
ETFs are traded on an exchange, like stocks, and track the performance of an underlying asset. They are popular because they allow investors to gain access to cryptocurrencies without having to purchase the underlying digital assets themselves. They are also cheaper to trade. The crypto market is hopeful that the
Read More
Amid the struggles in the cryptocurrency market, recent reports have suggested that the world’s largest asset manager Blackrock, and financial giant JPMorgan
Read More