Wednesday, April 14, 2021

JPMorgan

JP Morgan Revises Bitcoin Target To $130,000, Citing Decreased Volatility

The financial giant is gradually becoming more bullish on Bitcoin and institutional adoption.JPMorgan, in an email note released to clients on...

South Korean internet giant Naver reportedly joins Bithumb stake race

Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange. Source...

Stocks of Bitcoin: JPMorgan offers BTC exposure, an ETF in sheep’s...

JP Morgan bunched proxy crypto stocks to give skeptical investors exposure to the crypto economy. Source link

Crypto platform FalconX raises $50M on the back of institutional adoption

Tiger Global and B Capital are the primary investors in the latest round. They join Coinbase Ventures, Accel, FMR LLC and others in...

JP Morgan Launching Crypto Investment Product Tracking Public Company Stocks With...

JP Morgan is launching a structured investment product based on the performance of its “Cryptocurrency Exposure Basket,” which tracks stocks of publicly traded...

JPMorgan launching 'crypto exposure basket' featuring MicroStrategy and Square

The financial services giant has filed paperwork with the SEC to launch a debt instrument linked to 11 crypto-focused firms. Source link...

JPMorgan Says Investors Can Put 1% of Their Portfolios in Bitcoin...

After saying that cryptocurrencies “rank as the poorest hedge for major drawdowns in equities, with questionable diversification benefits,” JPMorgan says investors can put...

JPMorgan report endorses 1% allocation to Bitcoin as a hedge

Bitcoin would serve as a hedge against fluctuations in traditional assets. Source link

Nvidia supply shortage won’t stop $50M Q1 crypto miner sales, says...

A perfect storm consisting of COVID-19, supply shortages and surging crypto prices has resulted in the best financial quarter in Nvidia's history, as...

State Bank of India joins JPMorgan’s blockchain payments network

A major government-owned bank, the State Bank of India, has become the first Indian bank to join JPMorgan’s blockchain network Liink. Source link