JPMorgan says BTC’s ‘fair price’ is $35K… but it still expects crypto to ‘outperform’
BTC’s JPMorgan

JPMorgan says BTC’s ‘fair price’ is $35K… but it still expects crypto to ‘outperform’

Investment bank strategists say that BTC could climb as high as $73,000 if markets remain frothy…

JPMorgan: Bitcoins Record Work HAS BEEN Driven By Inflation
Bitcoin’s JPMorgan

JPMorgan: Bitcoins Record Work HAS BEEN Driven By Inflation

Inflation concerns are driving Bitcoin’s record run, JPMorgan strategists said.Gold is failing to perform as an inflation hedge, prompting investors to rotate into BTC.“We believe the perception of Bitcoin as a better inflation hedge than gold is the main reason for the current upswing,” the strategists said.Concerns that inflation will keep rising and not be…

JPMorgan Boss Dimon Takes Another Badly Timed Swing at Bitcoin
Dimon JPMorgan

JPMorgan Boss Dimon Takes Another Badly Timed Swing at Bitcoin

Jamie Dimon, the CEO of JPMorgan. Source: a video screenshotWater is wet, the Pope is Catholic, a bear does its business in the woods and, yes, the JPMorgan boss Jamie Dimon is still blasting bitcoin (BTC) – which is up almost 7,000% since the CEO began calling it worthless back in 2014.And yesterday, Dimon was…

JPMorgan: Institutional Traders Embrace Crypto seeing that Bitcoin Pushes Higher
Cryptocurrency Institutional JPMorgan

JPMorgan: Institutional Traders Embrace Crypto seeing that Bitcoin Pushes Higher

Bitcoin price surged above $55,000 today, the highest rate since May. The market continues to have a deep divergence while a halt signal appears quickly.The rebound of the world’s biggest cryptocurrency, on the other hand, quashes institutional statements made by Nikolaos Panigirtzoglou in June.New EraJPMorgan’s global market strategist shared his views on the Bitcoin direction,…

JPMorgan: Institutional Investors Are Favoring Bitcoin Over Gold
Institutional JPMorgan

JPMorgan: Institutional Investors Are Favoring Bitcoin Over Gold

JPMorgan analysts have shared that they believe an increased appetite from institutional investors has been fueling the Bitcoin rally.”Institutional investors appear to be returning to bitcoin perhaps seeing it as a better inflation hedge than gold,” JPMorgan said.Money is flowing out of gold and into bitcoin, according to the big bank.Bitcoin drove past a $1…

JPMorgan CEO Jamie Dimon Claims Bitcoin Is Fool’s Gold, Here’s Why He’s Bad
Jamie JPMorgan

JPMorgan CEO Jamie Dimon Claims Bitcoin Is Fool’s Gold, Here’s Why He’s Bad

Dimon’s recent remarks demonstrated a high degree of economic privilege and complete oblivion to Bitcoin.JPMorgan CEO Jamie Dimon reiterated past skepticism of bitcoin in a recent interview with Axios. When asked if Bitcoin was the fool’s gold of the future, Dimon responded it has no underlying value.Dimon fails to see Bitcoin’s true value because of…

JPMorgan CEO claims Bitcoin price could increase 10x but nonetheless wont buy it
Bitcoin JPMorgan

JPMorgan CEO claims Bitcoin price could increase 10x but nonetheless wont buy it

Banking mogul Jamie Dimon has been a notorious detractor of Bitcoin since 2017, in contrast to his firm’s overt desire to capitalize from the ecosystem’s growth.

JPMorgan, Deutsche Lender Oppose Strict Basel Guidelines For Banks Keeping Bitcoin
Deutsche JPMorgan

JPMorgan, Deutsche Lender Oppose Strict Basel Guidelines For Banks Keeping Bitcoin

The biggest U.S. and European banks oppose strict new rules that would require them to set aside a dollar in capital for every dollar of bitcoin they own.Three months after global banking regulators proposed strict new rules for traditional financial institutions seeking bitcoin exposure, JPMorgan, Deutsche Bank, and other banking giants opposed what would require…

JPMorgan sounds alarm more than frothy crypto marketplaces after August boom
JPMorgan sounds

JPMorgan sounds alarm more than frothy crypto marketplaces after August boom

Altcoins have made big gains on the total market share of the cryptocurrency markets, but JPMorgan analysts have concerns.

Statement: JPMorgan Opens Bitcoin Fund to Wealthy Customers
JPMorgan Report

Statement: JPMorgan Opens Bitcoin Fund to Wealthy Customers

Banking giant JPMorgan Chase will reportedly soon offer a passively managed Bitcoin fund to clients.JPMorgan Chase has partnered with the Bitcoin-focused institutional-grade platform New York Digital Investment Group to offer the passively managed Bitcoin fund in-house, CoinDesk reports citing two sources close to the matter.Advisers at the bank were prepared for the offering in a…