JPMorgan


Markets

Kraken Casts More Doubt on JPMorgan Call Over Grayscale Bitcoin Trust ‘Unlocks’

Kraken is disputing the premise that a wave of GBTC shares hitting the secondary market will drive the price of bitcoin lower.

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Markets

Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost

Investors who locked in borrowed coins will need to repurchase those to repay the loan, cryptocurrency pundits say.

The upcoming unwinding of trades involving the Grayscale Bitcoin Trust could provide a ray of sunshine to a market that has darkened.

Videos

Why JPMorgan Analysts Are Bearish on Bitcoin

While some observers say bitcoin's price has bottomed out, analysts at JPMorgan remain bearish, identifying the impending unlocking of shares in the Grayscale Bitcoin Trust (GBTC) purchased in January as a source of downside risk to the cryptocurrency. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Markets

Grayscale 'Unlockings' Poses Downside Risk to Bitcoin Price, JPMorgan Says

Bitcoin Trust shares bought in January are unlocked next month, and the incentive to reinvest is relatively low.

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Markets

Goldman Sachs Taps JPMorgan's Private Blockchain for Repo Trade: Report

“We firmly think this will change the nature of the intraday marketplace,” said Mathew McDermott, head of digital assets for Goldman.

JPM, JPMorgan

Videos

JPMorgan Looks to Make JPM Coin Programmable Money

Two years after JPMorgan introduced its own digital token, JPM Coin, the banking giant says it is now looking to make its digital token as programmable money. "The Hash" panel discusses whether it's just a marketing strategy or whether it could actually help JPM Coin do more things than just a uni-dimensional value transfer on the platform.

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Markets

JPMorgan Job Posts Hint at Bank's Broader Cryptocurrency Ambitions

The megabank is on the hunt for its first crop of crypto-savvy employees. Experience with bitcoin and ethereum is “a huge plus.”

JPMorgan CEO Jamie Dimon

Markets

Bitcoin Crash Pushes Some Institutional Investors to Reconsider Gold: JPMorgan

May marked a 35% drop in price for bitcoin, making it one of the worst months to date for the cryptocurrency.

Gold bars

Markets

Coinbase Rated ‘Overweight’ in New Coverage at JPMorgan: Report

Analyst Kenneth Worthington said he believes Coinbase has the potential to grow into something that resembles a more traditional financial institution for crypto.

Coinbase CEO Brian Armstrong