JPMorgan says that the metaverse will lead to new services and business models as companies like Walmart, Nike and Hulu jump into the nascent crypto sector. In a new report, the banking giant says tha...
Tag: jpmorgan
This JPMorgan Strategist Is Extremely Bearish on Crypto. Here’s Why
Alex Dovbnya A JPMorgan strategist sees the Fed’s hawkish U-turn as the top bearish catalyst for the cryptocurrency market, expecting investors to face significant losses David Kelly, JPMorgan Asset M...
JPMorgan Opens Onyx Lounge In Decentraland
The largest bank in the United States, JPMorgan, has made its foray into the metaverse, opening a lounge in Decentraland and looking for opportunities in the metaverse. According to JPMorgan, the meta...
Bahrain Central Bank Completes Cross-Border Transfer Test Using JPMorgan Blockchain
The Central Bank of Bahrain (CBB) is working in partnership with Bank ABC CBB announced that they successfully tested the transfer of funds across borders using JPMorgan’s JPM Coin The JPM Coin system...
Bahrain Central Bank Completes Cross-Border Transfer Test Using JPMorgan Blockchain – Blockchain Bitcoin News
The Central Bank of Bahrain (CBB), working in partnership with Bank ABC, recently announced it had successfully tested the transfer of funds across borders using JPMorgan’s JPM Coin. The test fulfills...
JPMorgan Reveals Bitcoin’s ‘Biggest Challenge’—Along With A Surprise Bitcoin Price ‘Fair Value’
Bitcoin, after soaring through much of last year, has had a tough start to 2022—despite some huge bitcoin price predictions. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and dis...
JPMorgan Predicts Long-Term Bitcoin Price of $150K — Outlines Challenges Ahead – Markets and Prices Bitcoin News
Global investment bank JPMorgan has predicted that the long-term price of bitcoin will reach $150K while the fair value of the cryptocurrency sits at $38K. “The biggest challenge for bitcoin going for...
JPMorgan Puts Bitcoin At $150,000 In The Long-Term, But What About Its ‘Fair Value’?
Bitcoin has been on another recovery trend since this past weekend. It has continued on this path which has seen its balance above $44K. For most, this is a low value given that the digital asset was ...
JPMorgan Pegs Bitcoin ‘Fair Value’ at $38,000, despite $44K on the Horizon
Analysts from American multinational investment bank, JPMorgan Chase & Co have placed the “Fair Value” of Bitcoin (BTC), the world’s first cryptocurrency at $38,000. The projection of the fair va...
JPMorgan Increases Long-Term Bitcoin Price Prediction to $150,000
According to JPMorgan Chase strategists led by Nikolaos Panigirtzoglou, Bitcoin’s “fair value” should be 12% lower than its actual price. In their opinion, the cryptocurrency is currently overpriced a...
JPMorgan Strategist expresses concern on crypto, calls crypto for no valuation mechanism
JPMorgan Strategist Expresses Concerns About the Crypto Market. Michael Cembalest, JPMorgan’s chairman of investment strategy, is skeptical of bitcoin and other cryptocurrencies. He is not convinced t...
JPMorgan Says Bitcoin’s Fair Value Is $38K… But It Still Expects BTC To Eventually Hit $150,000 ⋆ ZyCrypto
Advertisement     The bitcoin price has recaptured the $44K level after last month’s precipitous fall that rocked both the crypto and stock markets. BTCUSD Chart by Tr...
JPMorgan Thinks Bitcoin Is Overvalued at $44,000
Key Takeaways Analysts at JPMorgan have estimated that Bitcoin’s “fair value” is $38,000, around 12% lower than its current price $44,000. The strategists noted that Bitcoin’s ...
JPMorgan: Bitcoin is trading above fair value. What does this indicate?
Investment bank JPMorgan has calculated Bitcoin’s fair value at $38,000. This figure is 12% less than the actual price at the time, indicating overvaluation and suggesting a possible price drop to com...
Undeniably Huge Amounts of Money Pouring Into Crypto and Blockchain Investments, According to JPMorgan Analyst
The chairman of investment strategy at JPMorgan says that he was late in recognizing how big the cryptocurrency space would grow and is now taking a deep exploratory dive. In a wide-ranging newsletter...
JPMorgan Predicts Bitcoin Could Hit $150,000
Alex Dovbnya JPMorgan has upped its Bitcoin target to $150,000 Contents Bitcoin is currently overvalued The rally hits the pause button Bitcoin, the largest cryptocurrency by market cap, is predicted ...
JPMorgan Strategists See Sure-Fire Sign It’s Time to Buy Stocks
(Bloomberg) — JPMorgan Chase & Co. strategists have identified what they say is a near bulletproof indicator to strengthen their argument that stock markets are poised to rally. Most Read fr...
JPMorgan Strategist: Crypto Is Like Hydrogen
JPMorgan’s chairman of investment strategy, Michael Cembalest, is wary of bitcoin and other cryptocurrencies. The JPMorgan strategist stated in a column published Feb. 3 that his comments were his own...
JPMorgan Asset Management Chief Slams Bitcoin in ‘Maltese Falcoin’ Report
Bitcoin’s lofty valuations are the “stuff that dreams are made of.” So says Michael Cembalest, J.P. Morgan Asset & Wealth Management’s chairman of market and investment strategy, in a report that ...
JPMorgan researchers detail biggest challenges for bitcoin and ethereum
advertisement US banking giant JPMorgan threw cold water on the two largest cryptocurrencies in a note sent out to clients this week. Bitcoin’s volatility will be the biggest factor in obstructing wi...
Here’s Why PayPal Stock Fell Down So Much Today
Text size PayPal stock is on pace for its worst percentage decline on record. Getty Images PayPal stock was in free-fall as investors—and Wall Street—reassessed the payments company after it issued a ...