Stablecoins maintain an advantage due to their rapid integration into wallets, exchanges and DeFi. The bank called tokenized funds products with a “structural regulatory disadvantage.” Stablecoins continue to largely dominate the cryptocurrency market despite the growth of tokenized monetary funds, a category that has gained attention for offering returns on digital assets backed by traditional … Read more
According to the bank, altcoins show structural weakness from 2023. Ethereum updates such as Glamsterdam and Hegota do not guarantee greater activity on the network. The performance of ether and altcoins could continue to underperform that of bitcoin (BTC) if activity on cryptocurrency networks does not increase sustainably, according to a JPMorgan report published on … Read more
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