Topline JPMorgan Chase CEO Jamie Dimon offered his support for the world’s wealthiest man Elon Musk’s Twitter takeover in an interview published Tuesday, a surprise vote of confidence given the histor...
Tag: jpmorgan
JPMorgan CEO Jamie Dimon Warns Recession Could Hit in 6 Months, Stock Market Could Drop 20% More — ‘This Is Serious Stuff’ – Economics Bitcoin News
The CEO of global investment bank JPMorgan, Jamie Dimon, has warned that the U.S. economy could tip into recession in six to nine months. “This is serious stuff,” the executive stressed, adding that t...
Nasdaq Hits 2-Year Low As JPMorgan Billionaire Warns It Could Take Months For Stock Market To Bottom
Topline Major stock indices reached or neared multiyear lows Monday as the market continues to tank, and the head of the largest bank in the U.S. said the worst may still be on the horizon for stocks ...
Circle CEO Jeremy Allaire Says JPMorgan and Traditional Finance Threatened by Idea of Full Reserve Banking
The chief executive of the company behind USD Coin (USDC) says that traditional financial institutions are feeling vulnerable to the idea of full-reserve banking systems. In a new discussion with Shar...
Netflix may haul in billions of dollars by selling ads, predicts JPMorgan
Netflix stands to haul in big bucks over the next few years from the launch of its first ad-supported tier, estimates JPMorgan. Analyst Doug Anmuth estimated in a new note on Monday Netflix could driv...
U.S.-China tensions could ‘supercharge’ China’s innovation: JPMorgan
An employee works on the production line of semiconductor wafer at a factory of Jiangsu Azure Corporation Cuoda Group. China has stepped up investment into its chip industry in a bid to be self-relian...
The Federal Reserve’s chance of a policy error has increased: JPMorgan
Don’t let the feel-good vibes that kicked off markets in the fourth quarter lead you astray: The Federal Reserve and other central banks could still screw it all up through aggressive monetary p...
This is the time when ‘accidents’ like Enron have happened — this JPMorgan quant says yields have peaked and prefers bonds over stocks
The old expression is when the tide goes out, you get to see who’s swimming naked. In financial markets, the tide is going out when central banks are raising interest rates and growth is slowing. That...
JPMorgan, Morgan Stanley Cut Alibaba Target on Revenue Concerns
(Bloomberg) — JPMorgan Chase & Co. and Morgan Stanley analysts cut their price target for Alibaba Group Holding Ltd., turning more pessimistic on the Chinese e-commerce giant on sales concer...
JPMorgan Puts Bitcoin Projected Excess Return at 38.1%, More Than Equities, Govt Bonds, and Real Estate
– Advertisement – Investment banking giant J.P. Morgan believes Bitcoin’s projected excess return sits at a massive 38.1%. Bitcoin has grown massively to secure its position as one of th...
JPMorgan Lowered Their Price Target for Crypto Exchange Coinbase’s Stock (COIN)
The post JPMorgan Lowered Their Price Target for Crypto Exchange Coinbase’s Stock (COIN) appeared first on Coinpedia Fintech News Quoting the increasing selling pressure on digital asset markets, JPMo...
JPMorgan Analysts Drop Price Target for Coinbase Stock Due to Pressure on Crypto Markets: Report
Analysts from banking giant JPMorgan have reportedly lowered their price target for crypto exchange Coinbase’s stock (COIN), citing increasing pressure on digital asset markets. According to a report ...
Bitcoin and ether sink lower, Fed fights inflation with new rate hike: This week in markets
Bitcoin and ether were both down over the past week after another volatile week of trading in which macroeconomic sentiment continues to guide prices. Bitcoin was down 5.75% at $18,949 over the past w...
JPMorgan CEO Jamie Dimon: Crypto Tokens, Bitcoin Are ‘Decentralized Ponzi Schemes’
Speaking in congressional testimony on Wednesday, Jamie Dimon, CEO of JPMorgan, said he was a “major skeptic of crypto tokens […] like Bitcoin” and called them “decentralized ponzi schemes.” “Th...
JPMorgan voices doubts over Ethereum’s future post-Merge
After the long-awaited major update to the Ethereum (ETH) network was implemented, officially marking the blockchain’s transition from the proof-of-work (PoW) to the proof-of-stake (PoS) validation al...
JPMorgan CEO Jamie Dimon Tells Congress Crypto Tokens Like Bitcoin Are ‘Decentralized Ponzi Schemes’ – Coinotizia
JPMorgan Chase CEO Jamie Dimon said in a U.S. congressional hearing that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He told lawmakers: “I’m a major skeptic on crypto tokens which ...
JPMorgan CEO Jamie Dimon Tells Congress Crypto Tokens Like Bitcoin Are ‘Decentralized Ponzi Schemes’ – Featured Bitcoin News
JPMorgan Chase CEO Jamie Dimon said in a U.S. congressional hearing that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He told lawmakers: “I’m a major skeptic on crypto tokens which ...
JPMorgan CEO Jamie Dimon Calls for Proper Regulation of Stablecoins
At a recent Congressional hearing, Jamie Dimon expressed support for proper regulation of stablecoins while castigating other crypto assets. According to JPMorgan chief executive Jamie Dimon, stableco...
Why JPMorgan CEO Is Lashing Out At Crypto?
Why JPMorgan CEO Is Lashing Out At Crypto?JPMorgan CEO James Dimon says cryptos are “decentralized ponzi schemes.”September 22, 2022JP Morgan Chase & Co CEO James Dimon lashed out at cryptocurrenc...
JPMorgan CEO Slams Crypto Again, Calls Bitcoin ‘Decentralized Ponzi Scheme’
Jamie Dimon – Chief Executive Officer of JPMorgan Chase & Co. – reiterated his negative stance on the crypto industry, describing bitcoin and other digital assets as “decentralized Ponzi schemes.”...
JPMorgan Sees Concerns for Ethereum Blockchain After the Merge
The change spurred a hard fork, splitting the blockchain in two and giving rise to an offshoot chain called Ethereum PoW. Some exchanges and platforms have shown support for the forked version, which ...
JPMorgan CEO Called Bitcoin and Other Cryptos “Ponzi Schemes”
4 hours ago | 2 mins read Editors News JPMorgan CEO Jamie Dimon stated he has a major skeptic of crypto tokens. Jamie Dimon advised lawmakers to “be prepared for the worst.” Jamie Dimon, the CEO of JP...
JPMorgan CEO slams crypto as ‘decentralised Ponzi schemes’
JPMorgan (NYSE: JPM) CEO Jamie Dimon has slammed cryptocurrencies, pointingly mentioning Bitcoin (BTC), as nothing but ‘decentralised Ponzi scheme.’ Dimon’s fresh criticism of crypto came during a US ...
JPMorgan CEO blasts Bitcoin and crypto as ‘decentralized Ponzi schemes’
JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon has extended his criticism of Bitcoin (BTC) and cryptocurrencies, equating them to a ‘Ponzi scheme.’ Dimon, who was speaking before the United States lawmak...
Watch JPMorgan Chase CEO Jamie Dimon and six other bank leaders get grilled by Congress
[The stream is slated to start at 10:00 a.m. ET. Please refresh the page if you do not see a player above at that time.] The CEOs of the biggest U.S. retail banks, including JPMorgan Chase‘s Jam...
All Eyes On The Fed Today—And How To Handle Equity Market Volatility For Your Portfolio
Federal Reserve and Equity Markets photo credit: raymondjames.com Extreme market volatility—with the associated fear and greed—can lead investors to make emotional rather than logical decisions. And m...
Despite the Bear Market, JPMorgan Will Keep Providing Crypto Services
The leading financial services company – JPMorgan Chase & Co. – revealed that its clients have drastically dropped their interest in using cryptocurrencies as a payment method in the past few mont...
Binance’s USDC move could increase importance of Tether in crypto trading
JPMorgan Chase analysts say that Binance’s recent stablecoin decision will benefit Tether. From Sept. 29 Binance will convert existing balances and new deposits of stablecoins USDC, USDP and TUSD to i...
JPMorgan Backs $20M Round for Blockchain Infrastructure Startup Ownera
“It is commonly accepted that the tokenization of securities has the capacity to digitize markets with total value in the trillions of dollars,” said Ownera co-founder and CEO Ami Ben-David in the pre...