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JPMorgan: 72% of Institutional Traders Surveyed ‘Have No Plans to Trade Crypto’

[Feb 5, 2023 5:00 PM] A new survey by JPMorgan Chase shows that 72% of institutional traders “have no plans to trade crypto” while 14% plan to trade cryptocurrencies within five years. Institutional traders also expect “recession risk” to…

JPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review

[Jan 29, 2023 7:30 AM] JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank of America has said that it views central bank digital…

Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts

[Jan 23, 2023 12:16 AM] Analysts from Moody’s and JPMorgan hailed the exchange for its strong reputation but said it wouldn’t be enough to solve its profitability woes.

Bitcoin derivatives data shows room for BTC price to move higher this week

[Jan 22, 2023 6:24 PM] BTC options data suggest that the Bitcoin price rally still has legs, even with wider economic concerns growing and the potential of a brief pause in the crypto market rally.

JPMorgan CEO Jamie Dimon on US Economy: ‘I Shouldn’t Ever Use the Word Hurricane’

[Jan 11, 2023 7:00 PM] JPMorgan Chase CEO Jamie Dimon says he “shouldn’t ever use the word hurricane” when warning about the U.S. economy. However, he insisted that there are “storm clouds” that “could be a hurricane.” JPMorgan…

JPMorgan Says S&P 500 Can Soar Over 10% Today – Will Bitcoin Follow?

[Dec 13, 2022 3:57 AM] Today and tomorrow are probably the most important days of the year for the Bitcoin and crypto market. Today’s release of the Consumer Price Index (CPI) will possibly be the key for the coming weeks and months. At 8:30 ET, the CPI for…

JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse

[Nov 28, 2022 7:00 PM] JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives, including those focusing on custody…

JPMorgan Chase Granted Wallet Trademark Covering Various Virtual Currency and Crypto Payment Services

[Nov 22, 2022 8:30 PM] The United States Patent and Trademark Office (USPTO) has granted JPMorgan Chase Bank’s trademark registration for “J.P. Morgan Wallet” for use in a wide range of financial services, including virtual currency transfers and…

FTX names Kroll as claims agent, to update users on bankruptcy developments

[Nov 17, 2022 9:11 PM] Claims and noticing agents such as Kroll are often assigned to bankruptcy cases where the number of creditors exceeds a thousand.

JPMorgan Expects Crypto Market to Face Weeks of Deleveraging – Warns Bitcoin Price Could Drop to $13K

[Nov 10, 2022 6:30 PM] Global investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Research. The firm’s analysts also…

JP Morgan Predicts Bitcoin Crash To $13.000 Due To Cascade Of Margin Calls

[Nov 10, 2022 2:10 AM] Amidst the drama surrounding the busted deal between FTX and Binance, banking giant JP Morgan has commented on the current state of Bitcoin and the broader crypto market. If FTX does file for bankruptcy, the contagion could be massive. As…

Bitcoin Doesn't Need Kanye West, But Ye Needs Bitcoin

[Nov 1, 2022 8:18 PM] Ye, formerly known as Kanye West, has recently shown signs of support for bitcoin — but is that a good thing, or a bad thing?This is an opinion editorial by Jacob Kozhipatt, a YouTuber and writer.One of the world’s most prominent celebrities…