JPMorgan analysts predict a potential bottom for the current market correction, expecting Bitcoin and altcoins to bounce back strongly in August. The upcoming launch of spot Ethereum ETF could prove…
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JPMorgan’s cautious stance on digital assets underscores concerns over the fading retail interest and significant outflows from U.S. spot Bitcoin ETFs. Bitcoin options data suggests a potential summer slowdown in…
JPMorgan Chase CEO has once again compared Bitcoin to smoking cigarettes, his latest way of criticizing the asset. Despite this criticism, Bitcoin remain on the uptrend with global adoption visible.…
The U.S. SEC has 8-10 bitcoin spot ETF filings under review, with the financial world eagerly awaiting their decision. JPMorgan predicts a strong likelihood of SEC approval to avoid potential…
JP Morgan’s recent report highlights potential challenges for Bitcoin post the April 2024 halving event. The report indicates that miners face income challenges due to decreasing transaction fees. In a…
JPMorgan Chase analyst predicts that the stock market could soon experience a significant outflow of billions of dollars in capital. The price of Bitcoin stands at $26,400.67 and over the…
Jamie Dimon believes that Bitcoin and other public schemes are Ponzi schemes with links to illicit activities. However, Dimon believes that with proper regulation, stablecoins wouldn’t be problematic. JPMorgan chief…
Investors need to overweight US value and stocks with low price-to-earnings ratios. JPMorgan’s blockchain lead says most cryptos are junk. JPMorgan’s chief global strategist, David Kelly, has offered his suggestions…
JPMorgan’s notes on August 9 state that crypto prices have found a floor in the last few weeks. The notes further state that a combination of positive data and the…
Jamie Dimon predicts that unprecedented quantitative tightening measures, currently underway by the Fed, could lead to a recession. Looking at the current macro scenario, Dimon asks investors to be very…
JPMorgan is officially the first bank globally to jump into the metaverse with the launch of its virtual outlet on Decentraland. The company has also released a whitepaper discussing the…
A majority of the JPMorgan clients said that they expect Bitcoin to appreciate 50 percent from the current price by the year-end. JPMorgan analyst Kenneth Worthington said that he finds…
JPMorgan says that the BTC price fair value is at nearly a 50 percent discount from its current market price. But JPMorgan remains bullish that the crypto asset class will…