Trump Administration Has Already Unlocked ‘New Era’ for U.S. Crypto: JPMorgan
The worst regulatory environment for crypto markets is behind us, the report said. Donald Trump’s victory in the November presidential election is already ushering in…
Tag: JPMorgan
Frenzy Alert: JPMorgan’s Bitcoin Retail Sentiment Score Hits Record High, MSTR’s Call Skew Soars
A speculative frenzy seems to have gripped the market, which could lead to a sudden sentiment shift and two-way price turbulence. Bitcoin (BTC) and everything else tied…
Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout
The events are unconnected, but crypto has a role to play in the wider political realignment questioning the sanctity of central banks and established powers.…
Bitcoin Now Legal Tender in El Salvador, Marking World First
In a show of support, crypto proponents are buying $30 worth of bitcoin to commemorate the occasion known colloquially as “Bitcoin Day.” Bitcoin is now…
JPMorgan Launches In-House Bitcoin Fund for Private Bank Clients
The mega-bank has started pitching Private Bank clients on a passive bitcoin fund in partnership with NYDIG. JPMorgan Chase began pitching an in-house bitcoin (BTC, -1.95%) fund to…
Crypto Long & Short: Bitcoin’s Potential as a Collateral Class
Signs point to a new avenue of growth for crypto-backed lending. Today I’m going to weave together three seemingly unrelated stories from the past week…
Tether Deal With New York State Brings Quick Reversal of Crypto-Market Sell-Off
The settlement over tether with the New York attorney general’s office appears to remove what might have been a systemic threat to cryptocurrency markets. Bitcoin…
A Sudden Loss of Faith in Tether Would Pose Risk to Bitcoin, JPMorgan Says
“If any issues arise that could affect the willingness or ability of both domestic and foreign investors to use USDT, the most likely result would…
Increased Mainstream Adoption of Bitcoin Cuts Diversification Benefit, JPMorgan Says
Bitcoin’s correlation with traditional markets could “erode” its “diversification value over time.” JPMorgan strategists questioned bitcoin’s utility as a reliable investment hedge in a memo…
Why Is Bitcoin Going Up, and Will It Crash Soon? What’s Next as Price Doubles to $40K
Bitcoin’s prices reached all-time highs above $40,000 less than a month after breaking $20,000 for the first time. Since the start of the most recent rally, ostensibly…