Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says
The total market cap of the fourteen publicly listed mining stocks the bank tracks fell 18% since the end of last month, the report said.
Read More »Pt 2 Crypto DownTrend Continues – NFT Taxes – JPMorgan Hires Celsius Exec
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Read More »JPMorgan: Demand for Crypto as Payment Method Has Drastically Declined
Global investment bank JPMorgan is seeing little demand for crypto as a payment method. However, the bank noted that cryptocurrencies are becoming “larger and larger” in the gaming sector, including…
Read More »World’s Largest Asset Manager Blackrock: Russia-Ukraine War Has Potential Impact on Accelerating Digital Currencies
The CEO of the world’s largest asset manager, Blackrock, says the Russia-Ukraine war has a “potential impact on accelerating digital currencies.” He confirms that Blackrock “is studying digital currencies, stablecoins…
Read More »JPMorgan Boss Jamie Dimon Says Bitcoin Is Worthless, Questions BTC’s Limited Supply
The CEO of global investment bank JPMorgan, Jamie Dimon, says bitcoin is “worthless,” questioning whether the supply of bitcoin is actually limited. He also noted that blockchain and stablecoins can…
Read More »*IMPORTANT* HOLD UP THE XRP WELL – RIPPLE XRP PRICE PREDICTION – RIPPLE XRP 2021
Ripple XRP to COLLAPSE? Holding Up the XRP JPMorgan Says in a tweet YES, SEC ADMITS XRP is NOT Prohibited now which was further confirmed by Ethics counsel RIPPLE XRP…
Read More »Wells Fargo Now Offers Bitcoin & Crypto Exposure To Wealthy Clients
Business Insider reports that wealthy Wells Fargo clients can now get Bitcoin & crypto exposure through the bank. High-net-worth Wells Fargo clients can now get Bitcoin & crypto exposure, a company spokesperson…
Read More »Oaktree Capital Founder Howard Marks Changes His Mind About Bitcoin as Demand Soars and Price Jumps 10x
Oaktree Capital’s Howard Marks has warmed up to bitcoin. He admitted that he had a knee-jerk reaction to the cryptocurrency and dismissed it too soon. Since then, the price of…
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