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Tag: JPMorgan

JPMorgan Sees Downward Pressure Easing for Bitcoin as Grayscale Profit-Taking Fades

January 28, 2024 wp-bot Bitcoin News

Global investment bank JPMorgan says that profit-taking from Grayscale’s bitcoin trust (GBTC) has largely happened already. “This would imply that most of the downward pressure

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JPMorgan Sees Challenges Ahead for Crypto Market — Downgrades Coinbase Stock

January 23, 2024 wp-bot Bitcoin News

Warning of a difficult time ahead for the crypto market, global investment bank JPMorgan has downgraded Coinbase stock. Emphasizing that crypto prices are already under

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JPMorgan Warns of Incoming Bitcoin Selloff With Anticipated $3 Billion Grayscale Outflow

January 22, 2024 wp-bot Bitcoin News

Global investment bank JPMorgan has warned of additional outflow from Grayscale’s bitcoin fund, cautioning that it will put “further pressure on bitcoin prices over the

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Mad Money Host Jim Cramer Sees ‘Nasty Beginning to Bitcoin Selloff’

January 21, 2024 wp-bot Bitcoin News

Jim Cramer, the host of CNBC’s Mad Money show, has warned of a bitcoin selloff. While cautioning investors about investing in bitcoin and the newly

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JPMorgan CEO Advises Investors to Stay Away From Bitcoin — ‘My Personal Advice Is Don’t Get Involved’

January 19, 2024 wp-bot Bitcoin News

Jamie Dimon, the CEO of JPMorgan Chase, has advised investors to stay away from bitcoin. “My personal advice is don’t get involved,” he said. “But

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Jamie Dimon Insists Bitcoin Doesn’t Have Value as JPMorgan Teams up With Blackrock on Spot Bitcoin ETF

January 11, 2024 wp-bot Bitcoin News

JPMorgan Chase CEO Jamie Dimon has insisted that bitcoin doesn’t have value, emphasizing that its use cases are sex trafficking, tax avoidance, money laundering, and

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