JP Morgan News

In a recent analysis by JPMorgan, Bitcoin has surpassed gold in terms of investor portfolio allocation when adjusted for volatility.

Jamie Dimon, best known for his criticism of Bitcoin, cited concerns about its association with illegal activities while acknowledging individuals’ right to invest in crypto. JPMorgan CEO Jamie Dimon now appears to be willing to support individuals’ right to purchase…

Blockchain appears to be losing momentum as more and more institutional traders lose their belief in the technology, a recent survey by JPMorgan shows. According to a recent survey conducted by JPMorgan among more than 4,000 institutional traders, an alarming…

Despite JPMorgan’s role in BlackRock’s SEC-approved Bitcoin ETF, its CEO, Jamie Dimon, remains resolute in his anti-crypto rhetoric and BTC skepticism.

JPMorgan Chase CEO Jamie Dimon reiterated his longstanding skepticism about BTC despite his company's role in the BlackRock Bitcoin ETF. 

BlackRock disclosed JPMorgan Securities and Jane Street as intended participants for its proposed Bitcoin ETF before the SEC decision.

Large financial companies, including JPMorgan Chase & Co., HSBC Holdings Plc, and Franklin Templeton, are moving to new systems built on the blockchain. Sandy Kaul, Chief Executive of wealth management firm Franklin Templeton, recently highlighted the transformative impact of blockchain…

A report from America’s largest bank said spot Bitcoin ETF flows in Canada and Europe hint at what to expect in the U.S., adding that upcoming Ethereum upgrades beckon more interest in ETH.

JPMorgan Chase Chairman and CEO Jamie Dimon said he would shutter BTC and cryptocurrencies if he represented the American people.

JPMorgan analysts believe that Binance’s $4.3 billion settlement stabilizes the crypto market and mitigates systemic risk.

JPMorgan’s bank’s digital asset division, Onyx, spearheads a collaborative effort focused on blockchain interoperability use cases for portfolio management.

JPMorgan’s JPM Coin, processing $1 billion daily, is projected to handle up to $10 billion in transactions within the next year. The bank’s global head of payments for financial institutions, Umar Farooq, announced this estimate. Farooq said he expects transactions…

A LinkedIn post from JPMorgan Managing Director Naveen Mallela shares that the programmable payments product JPMorgan Chase & Co’s JPM Coin is now generally available to institutional clients.

The SEC faces potential legal challenges over its handling of spot Bitcoin ETF applications, amidst rising institutional interest in cryptocurrencies, as highlighted by JPMorgan analysts.

The bank also plans to expand support for fiat currencies to deal with JPM Coin other than the U.S. dollar and euro. JPMorgan’s blockchain-powered stablecoin JPM Coin, pegged to the U.S. dollar, has reached the $1 billion mark in processed…

JPMorgan has published a report predicting a possible 20% reduction in the Bitcoin hash rate after the halving event scheduled for April 2024. The report suggests that up to 80 EH/s, which equates to 20% of the current network hash…