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Tag: JPMorgan

JPMorgan Survey: 49% of Institutional Investors Agree Cryptocurrency Is ‘Rat Poison’ as Warren Buffett Says or a Fad

June 24, 2021 wp-bot Bitcoin News

Investment bank JPMorgan conducted a survey of thousands of investors from 1,500 institutions and found that 49% of them think that cryptocurrency is either “rat

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Goldman Sachs reportedly started trading on JPMorgan’s repo blockchain

June 23, 2021 wp-bot Blockchain, Cointelegraph

Goldman Sachs reportedly traded digitized treasury bonds for JPM Coin on JPMorgan Chase’s Onyx blockchain platform.

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Bitcoinization: JPMorgan Notes ‘Similarly Situated’ Countries Could Make Bitcoin Legal Tender Like El Salvador

June 13, 2021 wp-bot Bitcoin News

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

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El Salvador’s Bitcoin adoption may jeopardize IMF negotiations: JPMorgan

June 11, 2021 wp-bot Cointelegraph

JP Morgan says that El Salvador’s decision to adopt Bitcoin as legal tender is of little economic benefit.

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JPMorgan points to weak Bitcoin futures as signal for bear market

June 10, 2021 wp-bot Cointelegraph

Bitcoin futures curve was in backwardation for most of 2018, a year when BTC lost 74% of its value, JPMorgan noted.

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Bitcoin price crash isn’t over, says JPMorgan strategist

June 1, 2021 wp-bot Cointelegraph

JPMorgan analyst Nikolaos Panigirtzoglou said that a medium-term fair value for Bitcoin now stands between $24,000 and $36,000.

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Blockchain
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