JP Morgan

JPMorgan Boss Jamie Dimon Personally Advises People to ‘Stay Away’ From Cryptocurrency

<div class=”featured_image_container”> </div> <strong>JPMorgan Chase CEO Jamie Dimon has given personal advice to investors regarding investing in cryptocurrencies, like bitcoin. He said that his own personal advice to people is to “stay away” from cryptocurrencies. However, his bank, JPMorgan, will not stay away as clients want exposure to this asset class.</strong> Jamie Dimon’s Personal Advice …

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JPMorgan Boss Jamie Dimon Says ‘I Don’t Care About Bitcoin’ but Clients Are Interested

<div class=”featured_image_container”> </div> <strong>JPMorgan CEO Jamie Dimon has reaffirmed his stance on bitcoin while acknowledging that his bank’s clients are interested in the cryptocurrency. “I don’t tell clients what to do,” he said while emphasizing that he does not care about bitcoin.</strong> Jamie Dimon Has No Interest in Bitcoin but His Clients Do Jamie Dimon …

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Bitcoin vs Ethereum: Investment Bank JPMorgan Explains Why ETH Is Outperforming BTC

<div class=”featured_image_container”> </div> <strong>Investment bank JPMorgan has published a report explaining why ether is outperforming bitcoin. Citing several key reasons, the firm concluded that “there is evidence of more resilient liquidity, less reliance on derivatives markets to transfer and warehouse risk, and more durable underlying demand base – for now at least.”</strong> JPMorgan Says Ether …

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JP Morgan: Bitcoin’s Decreasing Volatility Makes It More Appealing to Institutions, Revises BTC Price Prediction to $130K

<div class=”featured_image_container”> </div> <strong>JP Morgan says that bitcoin’s volatility has decreased in recent weeks, making the cryptocurrency more appealing to institutional investors. The investment bank has also revised its bitcoin price target to $130,000.</strong> Increased Institutional Adoption, New Price Prediction for Bitcoin JPMorgan said last week that bitcoin’s price volatility has been declining in recent …

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JP Morgan Poll: 22% of Investors Say Their Institutions Likely to Trade or Invest in Cryptocurrencies

<div class=”featured_image_container”> </div> <strong>A recent JP Morgan poll found that 22% of the respondents said their respective organizations were likely to trade or to invest in cryptocurrencies. This figure (22%) is double the percentage of respondents (11%) who said yes when asked if their respective organizations were already trading or were invested in cryptocurrencies. </strong> …

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JPMorgan Says Investors Can Put 1% of Their Portfolios in Bitcoin Despite Calling It a Poor Hedge

<div class=”featured_image_container”> </div> <strong>After saying that cryptocurrencies “rank as the poorest hedge for major drawdowns in equities, with questionable diversification benefits,” JPMorgan says investors can put 1% of their portfolios in cryptocurrencies. This can help “achieve any efficiency gain in the overall risk-adjusted returns of the portfolio,” the firm’s strategists explained.</strong> Investors Can Allocate 1% …

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From Gold to Greenbacks: A Look at the US Dollar’s Devaluation, Manipulation and Militant Backing

<div class=”featured_image_container”> </div> <strong>228 years ago the U.S. dollar was created and ever since then, the national currency has been both powerful and controversial at the same time. Moreover since 1971, after being backed by precious metals for decades, American dollars have been backed by nothing and estimates say a quarter of the U.S. monetary …

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JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US

<div class=”featured_image_container”> </div> <strong>JP Morgan’s analysts say that the U.S. Securities and Exchange Commission (SEC) approving a bitcoin exchange-traded fund (ETF) is likely negative for bitcoin in the near term. There is optimism around the prospect of the SEC approving a bitcoin ETF under new leadership, the analysts say.</strong> SEC Approving Bitcoin ETF Could Be …

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Global Equity Head at Jefferies Says the Investment Bank Will Buy Bitcoin and Reduce Exposure to Gold

<div class=”featured_image_container”> </div> <strong>Christopher Wood, the global head of equity at Jefferies, a global financial services company, says the firm will reduce exposure to gold in favor of bitcoin. He adds that there are plans to increase the crypto component of Jefferies’ long-only global portfolio for U.S. dollar-denominated pension fund if and when the bitcoin …

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JP Morgan Sees Millennials’ Bitcoin Preference Over Gold as Foundation for Its Long Term Success

The Many Facts Pointing to Paul Le Roux Being Satoshi Nakamoto The 48-year old former programmer and criminal cartel boss, Paul Calder Le Roux, was deemed a Satoshi Nakamoto suspect in the spring of 2019. The suspicion caused a few people to believe Le Roux is the most credible Satoshi yet, … read more. Philippines …

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