JPMorgan Chase's Secret Move
According to the data disclosed by JPMorgan Chase to the SEC, it did not wait foolishly for the so-called 42k, but increased its holdings of Bitcoin spot ETF early on.
JinseFinanceAccording to the data disclosed by JPMorgan Chase to the SEC, it did not wait foolishly for the so-called 42k, but increased its holdings of Bitcoin spot ETF early on.
JinseFinanceJPMorgan CEO Jamie Dimon reiterated his strong skepticism of BTC on April 18, calling BTC a “fraud” and a “Ponzi scheme,” despite JPMorgan’s participation in BlackRock’s spot BTC ETF.
JinseFinanceOne indicator shows that Bitcoin has become more popular than gold in investors' portfolios, as its price continues to reach new highs, according to a report released by JPMorgan Chase on Thursday.
JinseFinanceWith JPMorgan as their authorized participant, the intermediary firm, the ETF can first be realized by converting Bitcoin into cash and vice versa.
JinseFinancewhile there are signs of recovery in DeFi and NFTs, JPMorgan analysts emphasize caution. The recent positive trends may be natural, and Ethereum's challenges persist. New players entering the space offer hope, but the fate of Ethereum's dominance depends on successful upgrades, which remain uncertain.
SanyaCoindesk previously reported that JPMorgan had ended its relationship with the Winklevoss twins-led crypto exchange.
CryptoSlateJPMorgan said the FTX collapse could speed up cryptocurrency regulations, resulting in the broader use of blockchain technology.
BeincryptoThe trademark was granted by USPTO on November 15.
OthersJ.P. Morgan is launching a proprietary account-information validator to compete with financial messaging system SWIFT.
Beincrypto