JPMorgan | ForkLog

ForkLog 9 23.02.2021

JPMorgan urges abandoning Bitcoin in favour of fintech

Bitcoin is at most an 'economic spectacle', and the main outcome of the COVID-19 pandemic will be the rise of fintech. This view was presented in a new JPMorgan analyst report, CNBC reports.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 8 17.02.2021

JPMorgan: Volatility Could Prevent Bitcoin From Holding at $50,000

JPMorgan analysts suggested that Bitcoin would not be able to hold the record price level ahead of a substantial decline in volatility. This was written by bank strategist Nikolaos Panigirtzoglou in an investor note.

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ForkLog 7 12.02.2021

JPMorgan signals readiness to add Bitcoin support if demand materialises

The American financial group JPMorgan Chase would support trading the first cryptocurrency if there is client demand, said Daniel Pinto, co-president of the conglomerate, in an interview with CNBC.

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ForkLog 6 10.02.2021

JPMorgan: Corporations will not buy Bitcoin after Tesla’s move

Analysts at JPMorgan suggested that large companies would not follow Tesla's example and would not invest in Bitcoin due to the asset's high volatility. Bloomberg reports.

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ForkLog 6 22.01.2021

JPMorgan: Bitcoin to Remain More Risky Than Gold

JPMorgan analysts have opposed Bitcoin as an alternative to gold. Bitcoin will not protect an investment portfolio during market downturns. This is stated in the company’s new report, Bloomberg reports.

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ForkLog 6 18.01.2021

JPMorgan: Bitcoin rally needs to hold above $40,000 to continue

Bitcoin could fall to lower levels if the price does not hold above the $40,000 psychological level. JPMorgan analysts hold that view, Bloomberg reports.

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ForkLog 15 11.01.2021

JPMorgan explains how the launch of a Bitcoin ETF could affect Bitcoin’s price.

JPMorgan strategists expect that US approval of a Bitcoin ETF would weigh on the price of the leading cryptocurrency in the near term, according to Bloomberg.

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ForkLog 12 05.01.2021

JPMorgan forecasts Bitcoin at $146,000

JPMorgan has named a theoretical long-term target for Bitcoin's price — $146,000. Analysts say that the image of Bitcoin as an alternative to gold will make the first cryptocurrency even more popular.

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ForkLog 4 21.12.2020

JPMorgan: Slowing Grayscale inflows would be a negative signal for Bitcoin’s price

The probability of a material decline in Bitcoin's price would rise if inflows to the Grayscale Bitcoin Trust (GBTC), managed by Grayscale Investments, fell notably. This is the view of JPMorgan's chief strategist Nikolaos Panigirtzoglou, Bloomberg reports.

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ForkLog 7 11.12.2020

JPMorgan Conducted Test Intraday Repo Using JPM Coin on Upcoming Blockchain App

JPMorgan Chase conducted an intraday repo trade on an upcoming blockchain application. The calculations used the bank's developing stablecoin JPM Coin, according to a press release.

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ForkLog 4 30.11.2020

JPMorgan sees new wave of Bitcoin selling by algotraders

Quantitative crypto funds played a major role in the sharp drop in Bitcoin on November 25-26 and may return to this practice in the near future. This view was expressed by JPMorgan's chief strategist Nikolaos Panigirtzoglou, Bloomberg reports.

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ForkLog 5 09.11.2020

JPMorgan: Institutions increasingly view Bitcoin as an alternative to gold

The Grayscale Bitcoin Trust is outpacing gold-backed ETFs in capital inflows thanks to rising demand from institutional investors, according to JPMorgan analysts.

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