Market strategists at banking giant JPMorgan are reportedly downsizing their long-term price prediction for Bitcoin after BTC lost 50% in just two months. In a Business Insider report, JPMorgan analys...
Tag: jpmorgan
JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K
JPMorgan reduced its Bitcoin fair price estimate to $38k BTC Price at the time of writing – $38,209.20 The biggest challenge for bitcoin going forward is its volatility Driving venture bank JPMorgan ...
JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K Amidst Volatility – Bitcoin News
Leading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November when bitcoin wa...
JPMorgan Executives Ousted in a $200 Million Probe Land New Jobs
(Bloomberg) — Wall Streeters shuddered as the news broke last year that U.S. regulators were examining whether bank employees were using personal phones to text about business with each other an...
Stocks Are Getting Hammered. Big Money Is Waiting to Buy the Dip.
Text size A scene from the New York Stock Exchange on Monday. NYSE The stock market is down—a lot. The good news is that there is a pile of money waiting in the wings to buy the dip. The S&P 500 ...
JPMorgan Eyes Viva Wallet, to Acquire 49% Stake
JPMorgan confirmed it may acquire approximately 49% of Viva Wallet. While the terms of the acquisition were not disclosed, the deal is speculated to be worth 700 million euros. According to Greek medi...
JPMorgan Closes Bank Accounts Of Uniswap Founder — Fresh Anti-Crypto Move? ⋆ ZyCrypto
Advertisement     JPMorgan Chase has allegedly been targeting people and companies working in the crypto industry by shutting their bank accounts. The latest case invo...
Uniswap Founder Roars JPMorgan on Twitter for Closing his Accounts
Uniswap’s founder Hayden Adams has criticized investment banking giant, JPMorgan Chase for closing down his accounts without any form of notice or explanations. Sharing his displeasure on Twitter, the...
JPMorgan Chase closes Uniswap founder’s bank accounts
Uniswap founder Hayden Adams tweeted Sunday that JPMorgan Chase has closed his bank accounts without notice or explanation. “I know many individuals and companies who have been similarly targete...
JPMorgan Closes Uniswap (UNI) Founder’s Accounts
Most Central Banks loathe cryptyocurrency because it takes many of the pitfalls associated with fiat currencies. These entities work in the shadows and do everything to throw a spanner into the smooth...
JPMorgan Closes Uniswap Founder’s Accounts
That is precisely what has just happened to Uniswap founder Hayden Adams according to a Jan. 23 tweet. Adams revealed that JPMorgan Chase had closed his bank accounts with “no notice or explanation.” ...
Ethereum May Be Losing Out To Competitors Due To High Gas Fees, Says JPMorgan
JPMorgan has piled on the ethereum high gas fee issue as a reason why it could end up losing out to competitors like Solana and Cardano. These other projects past significantly fewer transaction fees ...
JPMorgan reveals Ethereum’s main rival in NFT
Analysts at JPMorgan have stated that Ethereum’s dominance in the NFT space is being threatened by the Solana blockchain which has witnessed tremendous growth in the past year. Ethereum dominance in N...
Ethereum Loses Space to Solana – JPMorgan
NFT market: The dominance of the Ethereum (ETH) network in the non-fungible token (NFT) market is being threatened by Solana (SOL), according to a new report from JPMorgan Chase. Analysts at the tradi...
JPMorgan Has Issued A Stark Ethereum NFT Warning After Huge Solana And Cardano Surge Hits Bitcoin
Bitcoin, ethereum and cryptocurrency prices are struggling after a terrible start to 2022 (even as the non-fungible token (NFT) craze rolls on). Subscribe now to Forbes’ CryptoAsset & Blockc...
JPMorgan Chase To Spend $12 Billion On Technology…And Why Other Banks Can’t Keep Up
JP Morgan CEO Jamie Dimon expects to invest $12 billion in technology in 2022. (POOL/AFP via Getty … [+] Images) POOL/AFP via Getty Images OBSERVATIONS FROM THE FINTECH SNARK TANK In JPMorgan Ch...
JPMorgan: Solana is displacing Ethereum as NFT leader
Ethereum’s (ETH/USD) dominance in non-fungible tokens (NFTs) is declining because of high gas fees and congestion, JPMorgan said in an analyst report, quoted by CoinDesk. Ethereum’s share of the NFT m...
Sky-High Transaction Fees are Driving NFT Users Away from Ethereum, says JPMorgan
With the NFT market becoming a billion-dollar industry, users continuously search for the best deals to maximize returns. Things have been going south for the Ethereum (ETH) network because its NFT vo...
JPMorgan Says Solana (SOL), Tezos and One More ETH Rival Challenging Ethereum’s Dominance in the NFT Market: Report
An analyst from JPMorgan says that Ethereum (ETH) is losing ground to several competitors which are gaining dominance in the non-fungible token (NFT) market. In a note seen by Markets Insider, analyst...
Bitcoin Is Here to Stay: JPMorgan Exec
Umar Farooq – Chief Executive Officer of JPMorgan’s digital asset unit Onyx – put his name next to those who believe the cryptocurrency industry is “here to stay.” He also opined that bitcoin has star...
JPMorgan Executive Says Crypto Is in the ‘Napster’ Phase of Its Life Cycle: Report
An executive from JPMorgan says that the crypto markets are at the same point that the music streaming industry was in the 1990s. Speaking to The Financial News, Umar Farooq, head of the banking giant...
JPMorgan plots surge in technology spending for 2022
advertisement JPMorgan said last week that it plans to significantly scale its technology investment and spending initiatives in 2022. The revelations came during a fourth-quarter earnings call on Jan...
Dow Jones Futures Signal Market Sell-Off To Continue; JPMorgan, Wells Fargo Earnings Top
Dow Jones futures fell early Friday, along with S&P 500 futures and Nasdaq futures, even with JPMorgan, Wells Fargo and Citigroup earnings topping views. The stock market rally had a rough Thursda...
JPMorgan: Nobody Really Thinks BTC Will Hit $100K This Year
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 curre...
JPMorgan, Wynn Resorts and more
Spencer Platt | Getty Images Check out the companies making headlines in midday trading. Casino stocks — Las Vegas Sands and Wynn Resorts saw their shares jump more than 11% and 7%, respectively, afte...
Here’s Why Big Bank Stocks Like JPMorgan Are Struggling Despite Solid Earnings
Topline Shares of several major banks tanked on Friday—even after reporting solid quarterly earnings—as reports underwhelmed investors and some firms warned about rising expenses and “inflationary pre...
Bank Stocks: JPMorgan Earnings Top Views; Citigroup Wells Fargo On Tap
JPMorgan Chase (JPM) and Wells Fargo (WFC) reported better-than-expected fourth-quarter earnings early Friday, with Citigroup (C) on tap before the open, amid the Federal Reserve’s plan to raise...
JPMorgan upgraded this casino stock on ‘overweight’
Shares of Las Vegas Sands Corp (NYSE: LVS) jumped close to 8.0% on Tuesday after the casino company found a spot on JPMorgan’s “Analyst Focus List” for 2022. Las Vegas Sands could climb to $48 a share...
5% of JPMorgan clients believe BTC would hit $100k
TL;DR Breakdown Only 5% of JPMorgan clients see BTC at 100k by end of 2022. Strategist at the bank backs clients predicts BTC would end year between $35,000 – $75,000. Jamie Dimon still anti Bitcon. A...
JPMorgan Analyst Predicts Coinbase Will Be ‘Leading Beneficiary’ of Crypto Growth This Year: Report
An analyst from banking giant JPMorgan is reportedly optimistic that the crypto industry will continue to grow this year and that Coinbase will largely benefit from it. In a note to clients, equity r...
Central bank of Bahrain trials JPMorgan blockchain and token
Bahrain is the latest nation to explore blockchain technology by American investment bank JPMorgan, with the country’s central bank trialing JPMorgan’s proprietary digital currency. The Central Bank o...
JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs – Featured Bitcoin News
Global investment bank JPMorgan has published a report on the future outlook of crypto markets, including Ethereum’s upgrades, decentralized finance (defi), and non-fungible tokens (NFTs). The bank se...