Cryptocurrency Analysis and News Portal
It’s been an explosive past few months for Bitcoin, equities, and other global markets.After a liquidation event in March that sent cryptocurrencies down by over 50% and other asset classes down almost as much, a bounce has ensued that has largely deleted the losses of March.BTC now trades for $9,400,
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Top ShelfView From the BanksIn an investor note, JPMorgan Chase & Co. analysts noted bitcoin’s success in outperforming traditional assets in March on a volatility-adjusted basis, and also found liquidity on major bitcoin exchanges was more resilient than for traditional assets such as equities and gold. Meanwhile, Mason Privatbank Liechtenstein AG
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Bitcoin proved itself a resilient asset, if not a stable or useful currency, during March’s global financial meltdown, according to analysts at one of the world’s largest investment banks. In a note to investor clients circulated June 11 and obtained by CryptoX, JPMorgan Chase & Co. analysts described how bitcoin has
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JPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.”In a new report entitled “Cryptocurrency takes its first stress test: Digital
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[sociallocker id="55298"] JPMorgan would have to move to Wyoming to protect itself from million-dollar Bitcoin (BTC), one of the United States’ most successful legislators has warned.Speaking on financial news show the Keiser Report on June 6, Caitlin Long argued that Wyoming was now far ahead of New York on Bitcoin
Read MoreBanking giant JPMorgan Chase settled a 2018 lawsuit recently, with a $2.5 total payout — the result of unclear fees charged when using credit cards for crypto purchases. A May 26 court document detailed:"The Court notes that Defendant JPMorgan Chase Bank, N.A., f/k/a Chase Bank USA, N.A. (“Chase” or “Defendant”) has
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JPMorgan wants more QE from the Federal Reserve. Meanwhile, CEO Jamie Dimon is arguing that wealth inequality is a growing problem in the U.S. economy. Here’s why Dimon’s comments are so hypocritical. In a move that surprised nobody, JPMorgan Chase joined Goldman Sachs in claiming that the Federal Reserve
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JPMorgan, America’s largest bank with a staggering $2.6 million in assets, has inked a deal with leading Bitcoin (BTC) trading venues, Coinbase and Gemini exchange. JPMorgan will now offer the two exchanges banking services including deposit, withdrawal and transfers with Automated Clearing House (ACH) infrastructure, according to a Forbes report
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JPMorgan Chase has reportedly started providing banking services to bitcoin businesses, with the first two clients being Coinbase and Gemini exchanges. JPMorgan also recently recommended having cryptocurrency in investment portfolios as its CEO, Jamie Dimon, changed his mind about bitcoin.JPMorgan Chase’s Bitcoin ClientsJPMorgan Chase & Co. has reportedly started
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JPMorgan Chase, the United States’ largest bank, has reportedly taken on U.S. cryptocurrency exchanges Coinbase and Gemini as customers.A report from the Wall Street Journal on May 12 cited unnamed sources apparently familiar with the matter, who highlighted that the move is the first time the banking giant has served
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