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JPMorgan: 72% of Institutional Traders Surveyed ‘Have No Plans to Trade Crypto’

JPMorgan: 72% of Institutional Traders Surveyed ‘Have No Plans to Trade Crypto’A new survey by JPMorgan Chase shows that 72% of institutional traders “have no plans to trade crypto” while 14% plan to trade cryptocurrencies within five years. Institutional traders also expect “recession risk” to have the biggest impact on markets in 2023. JPMorgan’s Institutional Trader Survey Global investment bank JPMorgan Chase published the results of […]

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JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors

JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional InvestorsA strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging,” he added. JPMorgan on Institutional Crypto Investing JPMorgan Asset Management’s head of institutional portfolio […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

JPMorgan Foresees Increased Blockchain Use in Finance — Prepares to Offer Related Services

JPMorgan Foresees Increased Blockchain Use in Finance — Prepares to Offer Related ServicesJPMorgan expects blockchain use in finance to increase as the crypto sector grows. The global investment bank says, “We want to make sure that we are able to not only support that but also be ready to provide related services.” JPMorgan’s Blockchain Plans JPMorgan Chase & Co foresees increased blockchain usage in traditional finance and […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

JPMorgan Sees ‘Significant Upside’ to Bitcoin — Replaces Real Estate With Crypto as ‘Preferred Alternative Asset’

JPMorgan Sees ‘Significant Upside’ to Bitcoin — Replaces Real Estate With Crypto as ‘Preferred Alternative Asset’JPMorgan sees “significant upside” to the price of bitcoin. The global investment bank’s price target for the cryptocurrency is 28% above its current price. JPMorgan has also replaced real estate with cryptocurrencies as its “preferred alternative asset class along with hedge funds.” JPMorgan’s Bitcoin Price Target Is 28% Above Current Price Global investment bank JPMorgan […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

JPMorgan Predicts Long-Term Bitcoin Price of $150K — Outlines Challenges Ahead

JPMorgan Predicts Long-Term Bitcoin Price of 0K — Outlines Challenges AheadGlobal investment bank JPMorgan has predicted that the long-term price of bitcoin will reach $150K while the fair value of the cryptocurrency sits at $38K. “The biggest challenge for bitcoin going forward is its volatility and the boom and bust cycles that hinder further institutional adoption,” JPMorgan’s analysts explained. JPMorgan’s Bitcoin Price Prediction Global investment […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

JPMorgan Client Survey: Majority Expect Bitcoin Price to Reach $60K or More This Year

JPMorgan Client Survey: Majority Expect Bitcoin Price to Reach K or More This YearGlobal investment bank JPMorgan has asked its clients what they think the price of bitcoin will be by year-end. Among the bank’s clients who responded, 55% expect the price of bitcoin to end the year at $60K or higher. What JPMorgan’s Clients Expect the Price of Bitcoin to Be by Year-End JPMorgan has conducted a […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

JPMorgan Doubles Down on Bitcoin Price Prediction of $146K

JPMorgan Doubles Down on Bitcoin Price Prediction of 6KGlobal investment bank JPMorgan has doubled down on its bitcoin price prediction of $146K. The bank’s analyst explained that the price of the cryptocurrency could reach that level if its volatility subsides and institutional investors start investing in bitcoin more than gold in their portfolios. JPMorgan Renews $146K Bitcoin Price Prediction JPMorgan released an inaugural […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

JPMorgan Quietly Offers 6 Crypto Investments Despite CEO Jamie Dimon’s Anti-Bitcoin Stance

JPMorgan Quietly Offers 6 Crypto Investments Despite CEO Jamie Dimon’s Anti-Bitcoin StanceGlobal investment bank JPMorgan is now offering six cryptocurrency investment funds to clients despite its CEO, Jamie Dimon, continually advising against investing in bitcoin and other cryptocurrencies. JPMorgan Chase has quietly begun giving its wealth management clients access to six cryptocurrency investment funds, CNBC reported Thursday, citing people with knowledge of the move. On Thursday, […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support