Is Bitcoin losing its status as "digital gold"? JPMorgan reveals a massive shift toward gold. Details here!
Is Bitcoin losing its status as "digital gold"? JPMorgan reveals a massive shift toward gold. Details here!
Despite some regulatory hiccups, JPMorgan is already set to hit the jackpot in 2025 with Bitcoin, the golden bet of speculators.
In a rapidly changing crypto sector, blockchain projects face a significant challenge: maintaining user interest and finding concrete applications in a market often dominated by speculation. Avalanche, a cutting-edge network initially designed to compete with Ethereum due to its speed and low fees, is not immune to this reality. In 2024, the project is experiencing a marked decline in its activity, particularly on its main chain, the C-Chain. Nevertheless, Avalanche is not resigned to follow the bearish trend. The network is making an ambitious strategic pivot and is betting on institutional adoption.
Financial markets often welcome interest rate cuts as a boon. However, Jamie Dimon, CEO of JPMorgan Chase, issues an unequivocal warning: behind this apparent good news, major economic turbulence is looming. A storm may be on the horizon, threatening the stability of the stock market and the global economy. An…
When Bitcoin doesn't take off, miners row against the current, and their profitability is sinking. Stuck below the surface!
JPMorgan, BoA, Wells Fargo, and Citi predict Fed rate cuts. Discover the potential impact on the U.S. economy.
Bitcoin is in a full correction after briefly crossing the $68,000 mark. JP Morgan analysts, however, predict a persistent downward trend. This forecast raises questions about the trajectory of the crypto asset's price.
The future of the cryptocurrency market is generating a lot of speculation. The latest comes from JPMorgan, predicting a significant rebound starting from August. This forecast follows a major reassessment of the net flow of cryptocurrencies since the beginning of the year, influenced by notable bitcoin liquidations.
Creditors of the former Mt. Gox exchange platform are set to receive their refunds in Bitcoin as early as July. According to JPMorgan, these distributions could lead to significant sales in the market, putting short-term pressure on the price of BTC and other cryptos.
A breeze of renovation is blowing through the crypto sphere, driven by giants like Mastercard, in alliance with prestigious institutions such as Citi and JPMorgan. These entities, once the traditional gatekeepers of the financial world, are now venturing into the realm of asset tokenization. This phenomenon, marked by the use of a shared ledger for the settlement of tokenized assets, promises to radically reshape our conception of banking transactions.
The major US banks are opposed to stricter capital requirements, fearing a negative impact on the economy.
JPMorgan's warning on the imminent state of stock markets rings like a thunderclap in a clear sky. According to the bank's latest analyses, a severe correction of 20 to 30% is about to hit global stocks. This signals a period of financial turbulence on the horizon for 2024. However, far from being a mere cry of alarm, this prediction invites us to a deeper reflection on the current dynamics of the stock market and the hidden opportunities within the crevices of this potential crisis.
According to JPMorgan, the growing dominance of USDT in the stablecoin market is negative for the overall crypto ecosystem.
The price drop of Bitcoin does not affect its intrinsic value, which is based on its scarcity, security, and decentralization.
The American bank JP Morgan believes that the Chinese yuan could take over the crown of hegemony in the financial markets from the dollar. In 2023, the currency of the Middle Kingdom has continued to gain importance. This situation benefits the BRICS, of which China is one of the most influential members.
About 6 months from now, the Bitcoin halving, which is the 'halving' of rewards given to miners working with the Bitcoin protocol, is set to take place. The Bitcoin halving has been the subject of various speculations and analyses, with discussions ranging from the potential price increase of BTC to the challenges miners might face, as well as systemic effects. JP Morgan predicts that this event will have a negative impact on the profitability of mining operations.