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…
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*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…
Read More »Russia’s Biggest Bank Sberbank Unveils Crypto Plans to Follow Upcoming Regulation
The largest bank in Russia, the state-owned Sberbank, has reportedly unveiled its crypto plans as the country is set to begin regulating the industry in January. Sberbank’s CEO says the…
Read More »Bitcoin’s Rivalry With Gold Plus Millennial Interest Gives It ‘Considerable’ Upside Potential: JPMorgan
A Friday note outlines institutional, corporate, and Millennial interest in the leading cryptocurrency.
Read More »JPMorgan Calls Square’s Bitcoin Investment ‘Strong Vote of Confidence’ for the Cryptocurrency
Other payment companies will also likely follow in Square’s footsteps or risk getting shut out of a growing segment, JPMorgan wrote.
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