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JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets

JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors. The global investment bank also observed institutional momentum traders and…

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JPMorgan CEO Jamie Dimon: Bitcoin Is a Fraud, There’s No Hope for BTC as a Currency

JPMorgan Chase CEO Jamie Dimon has doubled down on his anti-bitcoin stance, emphasizing that the crypto is a fraud with no future as a currency. “It’s a Ponzi scheme,” the…

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Deutsche Bank Expects Bitcoin Price to ‘Stay High’ After Halving — JPMorgan Disagrees

JPMorgan Chase and Deutsche Bank have weighed in on potential price movements for bitcoin following the halving. “We continue to expect prices to stay high,” Deutsche Bank analysts said. JPMorgan…

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Peter Schiff Warns High Inflation Returning — Accuses JPMorgan CEO Jamie Dimon of Sugarcoating the Problem

Economist and gold bug Peter Schiff has warned that high inflation will return with a vengeance and significant Fed rate hikes will be necessary. He also criticized JPMorgan CEO Jamie…

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JPMorgan Anticipates SEC Approving Spot Ethereum ETFs After Litigation Process

Global investment bank JPMorgan anticipates that the U.S. Securities and Exchange Commission (SEC) will eventually approve spot ether exchange-traded funds (ETFs). However, the firm pegs the chance of approval in…

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JPMorgan: Bitcoin Still Overbought Despite Price Drop

Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly…

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JPMorgan CEO Jamie Dimon Says He ‘Won’t Personally Ever’ Buy Bitcoin

The chief executive of JPMorgan Chase, Jamie Dimon, has doubled down on his anti-crypto stance, declaring that he will never personally buy bitcoin. His investment bank, however, is an authorized…

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Bitcoin Mega Whale Resurfaces, JPMorgan Expects BTC Price to Drop, Bitcoin Cash Soars 40%, and More — Week in Review

A significant bitcoin “mega whale” moved 3,000 vintage bitcoins from 2010 as BTC peaked at $69,210. JPMorgan predicted a post-halving drop in bitcoin’s price to $42,000, citing current euphoria levels.…

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