JPMorgan Bullish on Gold Prices Into Year-End
Global investment bank JPMorgan remains optimistic about gold prices, projecting a significant rise in the fourth quarter of 2024 due to anticipated Federal Reserve rate cuts beginning in September. On…
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Global investment bank JPMorgan remains optimistic about gold prices, projecting a significant rise in the fourth quarter of 2024 due to anticipated Federal Reserve rate cuts beginning in September. On…
Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin…
Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave.…
JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The…
As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment bank JPMorgan. This surge is led by significant gains in…
A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net income reported by all FDIC-insured banks for…
JPMorgan has predicted an initial negative market reaction for spot ethereum exchange-traded funds (ETFs), expecting lower demand compared to bitcoin ETFs. The global investment bank also cautions that approximately $1…
Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx by JP Morgan. During a session at the Consensus conference,…
Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs or any other spot crypto ETFs beyond bitcoin and ether. The…
JPMorgan holds shares in BlackRock, Bitwise, and Fidelity Bitcoin ETFs, with investments exceeding $1 million, according to SEC filings. The post JPMorgan holds Bitcoin ETFs from BlackRock, Bitwise, Fidelity appeared…