The largest bank in the United States, JPMorgan, estimates that exchange-traded funds (ETFs) based on XRP, Ripple’s cryptocurrency, could attract between $4 billion and $8 billion in investments over the first 6 to 12 months, if approved. approved by the regulator. This projection is part of a broader analysis which places the total potential of … Read more
The investment strategy known as “devaluation trading” is here to stay and fuels the appetite for safe haven assets such as gold and bitcoin (BTC), which are not exposed to arbitrary issuance and monetary policies of central banks. This is stated by analysts at JP Morgan, the largest bank in the United States, in their … Read more
Key facts: Although inflation in August grew less than expected, the economy is “not out of danger.” The head of the largest US bank fears the country is sliding into stagflation. Jamie Dimon, CEO of US banking giant JPMorgan Chase, fears the “worst outcome” for America’s economic future beyond recession. The executive spoke about the … Read more