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Tag: JPMorgan

JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal

June 24, 2024 wp-bot Bitcoin News

Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of

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JPMorgan Questions Sustainability of $12 Billion Crypto Inflows

June 17, 2024 wp-bot Bitcoin News

JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to

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US-Listed Bitcoin Miners Hit Record Market Cap of $22.8 Billion, JPMorgan Says

June 17, 2024 wp-bot Bitcoin News

As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment bank JPMorgan. This surge is

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JPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance

June 16, 2024 wp-bot Bitcoin News

A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net income reported

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JPMorgan Predicts ‘Negative’ Initial Reaction for Ethereum ETFs — Expects Lower Demand Than Bitcoin ETFs

June 1, 2024 wp-bot Bitcoin News

JPMorgan has predicted an initial negative market reaction for spot ethereum exchange-traded funds (ETFs), expecting lower demand compared to bitcoin ETFs. The global investment bank

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JPMorgan’s JPM Coin Sees Transactions ‘Explode’ With Programmability Features

May 30, 2024 wp-bot Bitcoin News

Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx by JP Morgan. During a

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