JPMorgan struggles to “see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” Commenting on El Salvador’s bitcoinization, JPMorgan
Read moreEl Salvador’s Bitcoin adoption may jeopardize IMF negotiations: JPMorgan
JP Morgan says that El Salvador’s decision to adopt Bitcoin as legal tender is of little economic benefit.
Read moreJPMorgan points to weak Bitcoin futures as signal for bear market
Bitcoin futures curve was in backwardation for most of 2018, a year when BTC lost 74% of its value, JPMorgan noted.
Read moreBitcoin price crash isn’t over, says JPMorgan strategist
JPMorgan analyst Nikolaos Panigirtzoglou said that a medium-term fair value for Bitcoin now stands between $24,000 and $36,000.
Read moreJPMorgan Boss Jamie Dimon Personally Advises People to ‘Stay Away’ From Cryptocurrency
JPMorgan Chase CEO Jamie Dimon has given personal advice to investors regarding investing in cryptocurrencies, like bitcoin. He said that his own personal advice to
Read moreBanks cautious about crypto ahead of COVID-19 testimony before US Senate
CEOs of major American banking institutions are heading to Washington to face legislators’ questions about how they will aid a post-pandemic economic recovery.
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