JPMorgan Compares Crypto To Smoking Cigarettes
Bitcoin is on a tear. Soaring past $70,000, the cryptocurrency is reaching record highs in 2024. This rally is fueled by a perfect storm: the approval of exchange-traded funds (ETFs)…
JPMorgan Analysts Predict Bitcoin Crash To $42,000 Post-Halving – What You Need To Know
Bitcoin, the world’s largest cryptocurrency, faces a potential downturn in its price following the anticipated halving event scheduled for April, according to analysts at JPMorgan led by Nikolaos Panigirtzoglou. This…
Retail Traders Fuel February Crypto Rally, JPMorgan Analysis Shows
According to a recent report from JPMorgan, it has come to light that retail traders played a pivotal role in driving the surge witnessed in the cryptocurrency market throughout February.…
Bitcoin ETFs Boosts Coinbase (COIN) Shares As JPMorgan Upgrades Rating
The recent Bitcoin rally, propelling its price to the $52,000 level, has positively impacted the stock of US-based cryptocurrency exchange Coinbase (COIN). After experiencing a notable dip to $115 at…
JPMorgan Upgrades COIN To Neutral Due To Crypto Market Rally
JPMorgan has boosted its outlook on Coinbase stock (COIN) from “underweight” to “neutral” after following a better-than-expected crypto market rally to kick off the year. In a research report shared…
Bitcoin Soars To 10th Largest Asset Globally, Leaving Berkshire Hathaway And JPMorgan Behind
Bitcoin’s recent accomplishments and ongoing rally have stirred palpable excitement among cryptocurrency enthusiasts and investors alike. In a groundbreaking move, Bitcoin has secured its position as the 10th largest asset…
Could Tether Topple The Crypto Kingdom? JPMorgan Thinks So
Tether, the undisputed king of stablecoins, finds itself at the center of a heated debate. Its surging market share, nearing $100 billion, brings both comfort and concern. While many see…
JPMorgan Analyst Downgrades Coinbase, Citing Bitcoin Price Decline
Last year, the value of Coinbase Global Inc. shares experienced a significant increase, partly fueled by optimism surrounding the imminent launch of spot bitcoin ETFs. However, JPMorgan analyst Kenneth Worthington…
Coinbase Stock Dips 5% As JPMorgan Takes Bearish Stance On Bitcoin ETFs
Coinbase Global, the largest cryptocurrency exchange in the United States, is confronting a potential setback as JPMorgan Chase & Co. downgraded its rating on the company’s stock. The downgrade comes…
Bitcoin ETF Contradiction: JPMorgan CEO Slams BTC Despite Bank’s Key Position In BlackRock’s ETF
In a recent interview with CNBC’s Squawk Box, JPMorgan CEO Jamie Dimon has once again expressed his skepticism towards Bitcoin, the largest cryptocurrency in the market. This new wave of…