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Tag: JPMorgan

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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JPMorgan Boss Jamie Dimon Personally Advises People to ‘Stay Away’ From Cryptocurrency

May 30, 2021 wp-bot Bitcoin News

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

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Banks cautious about crypto ahead of COVID-19 testimony before US Senate

May 26, 2021 wp-bot Cointelegraph

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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