The hashprice rose almost 30% in the first two weeks of the month as bitcoin mining profitability improved, the report said. The …
JPMorgan
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Analysis
JPMorgan Chase, Morgan Stanley and Citi Say Raging Bull Market Not Over Yet – Here’s Their Outlook
by shayaanby shayaanSeveral Wall Street banking giants are forecasting blue skies for US equities – at least until 2024 comes to a close. Morgan …
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Regulation
JPMorgan sees Trump’s Bitcoin and crypto deregulation as a win for U.S. banks
by shayaanby shayaanStefan Gratzer, JPMorgan’s managing director and head of institutional wealth management for Switzerland, said promised policy changes on tax, crypto, and deregulation …
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Finance
JPMorgan and BlackRock Invest in Bitcoin and XRP, Boosting Crypto Market
by shayaanby shayaanJPMorgan and BlackRock’s investments in Bitcoin and XRP show strong institutional backing for digital currencies. Ripple’s move into worldwide lending with XRP’s …
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Finance
JPMorgan Chase Denies $53,000 Pension Payout, Widow Says Bank Treated Her Like ‘Insignificant Cockroach To Be Stepped On’: Report
by shayaanby shayaanJPMorgan Chase is refusing to pay a monthly pension to a widow whose husband worked at the bank for 10 years before …
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Analysis
Billionaire Warren Buffett Fumbles $40,000,000,000 After Dumping Apple, Bank of America, Wells Fargo, JPMorgan Chase and Goldman Sachs Early: Report
by shayaanby shayaanBillionaire Warren Buffett has now missed about $40 billion in gains after selling huge quantities of Berkshire Hathaway’s assets early, according to …
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Regulation
Bank of America Bracing for $800,000,000 Loss As Investigators Probe BofA, JPMorgan Chase and Wells Fargo’s Alleged Refusal To Reimburse Customers
by shayaanby shayaanThe second-largest US bank by total assets says it’s preparing for significant losses due to ongoing regulatory issues. In a new filing …
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Markets
JPMorgan Renames Blockchain Platform to Kynexis, to Add On-Chain FX Settlement for USD, EUR
by shayaanby shayaanThe banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of …
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Mining
Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan
by shayaanby shayaanDaily mining revenue and gross profit fell in October for the fourth month in a row, the report said. The bank noted …
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Regulation
JPMorgan Chase Paying $100,000,000 To Customers As Bank Settles Wave of Allegations From U.S. Securities and Exchange Commission
by shayaanby shayaanJPMorgan Chase is handing $100 million to customers after settling a wave of allegations from the U.S. Securities and Exchange Commission. The …