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

JPMorgan 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…

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JPMorgan Maintains Bitcoin’s Fair Value Is at $38,000, Predicts 28% Upside Ahead

JP Morgan – one of the largest investment banks on Wall Street –  sticks to its previous fair-value target for bitcoin at $38,000, meaning that the asset is currently being…

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Could the Government Confiscate Gold Again? A Look at Today’s ‘Emergencies’ and Revisiting Executive Order 6102

This past Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. government would strictly “forbid the hoarding of gold coin, gold bullion, and gold certificates…

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Investors Piled Up BTC in March as Jamie Dimon Fretted Over ‘Unprecedented’ Risks in 2022

JP Morgan CEO Jamie Dimon prepared an annual letter to investors this week, warning of major risks to traditional banking. In his 2022 letter to JP Morgan investors, Jamie Dimon…

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JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion

JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the…

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JPMorgan CEO Jamie Dimon Warns People to Be Careful When Investing in Crypto Citing ‘No Intrinsic Value’

The CEO of global investment bank JPMorgan has warned investors about investing in cryptocurrency. “Cryptocurrency has no intrinsic value. You are basically buying a token,” he said. “I would be…

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JPMorgan Sees ‘Bullish Outlook’ for Bitcoin as Inflation Concerns Push BTC Price Higher

Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors…

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