Showing articles in JPMorgan

JPMorgan Unveils New USD Deposit Token on Coinbase's Blockchain

The introduction of JPMD allows institutional clients of JPMorgan to transfer funds seamlessly on a public blockchain.

Bitcoin Surges Past $108K Amid ETF Buzz and JPMorgan Developments

The cryptocurrency market remains resilient despite geopolitical tensions, with Bitcoin nearing its all-time high following positive news from JPMorgan and announcements surrounding upcoming exchange-traded funds.

Finance

JPMorgan Pursues Deeper Involvement in Crypto with New Platform Trademark

JPMorgan's latest trademark application for a crypto platform named JPMD showcases its growing commitment to the digital asset space.

Finance

Bitcoin Miners Listed in the U.S. Achieve Record Network Hashrate in June, Confirms JPMorgan

JPMorgan reports a significant rise in the combined hashrate of U.S.-listed Bitcoin miners, showcasing their increased share of the global network.

Crypto

U.S. Regulatory Climate Boosts Cryptocurrency IPO Activity, Says JPMorgan

JPMorgan's recent report suggests that the favorable U.S. regulatory landscape is spurring increased initial public offerings (IPOs) in the cryptocurrency sector, matching the robust pace seen during the 2021 bull market.

Finance

JPMorgan Reports Exceptional First Quarter for Bitcoin Miners

JPMorgan highlights that the beginning of 2025 marked a record quarter for Bitcoin mining companies.

Crypto

JPMorgan Adjusts Bitcoin Miner Price Predictions Amid Improving Economics

JPMorgan has revised upward the price targets for several Bitcoin mining companies, signifying an optimistic outlook as mining profitability increases.

Adoption

JPMorgan Introduces Loan Collateral Options Using Bitcoin ETFs

JPMorgan begins allowing clients to borrow against Bitcoin ETFs, marking a significant step in institutional acceptance of cryptocurrencies.

Crypto

JPMorgan to Allow Use of Bitcoin ETFs as Loan Collateral in Crypto Expansion

The bank will begin allowing clients to use shares of Bitcoin ETFs, signaling a shift towards accommodating crypto assets.

Finance

JPMorgan Reports on Bitcoin Mining Profits Surge in May

JPMorgan highlights a significant 19% increase in the market capitalization of top U.S. bitcoin miners last month.

Finance

First Outflow for Bitcoin ETFs in 10 Days: Analysis from JPMorgan

JPMorgan reports significant outflows from U.S. spot bitcoin ETFs, ending a 10-day inflow streak.

Finance

JPMorgan Reports on Lack of Impact from Ethereum Upgrades on Network Activity

JPMorgan's research indicates that recent Ethereum upgrades have not significantly increased network activity.

Crypto

U.S. Spot Crypto ETFs Experience Significant Inflows on Wednesday, According to JPMorgan

Both ether and bitcoin products saw net inflows despite a decline in the prices of underlying assets, as reported.

Business

JPMorgan to Offer Bitcoin Purchases for Clients, Jamie Dimon Confirms

After years of skepticism, JPMorgan CEO Jamie Dimon announces that clients will soon be able to purchase Bitcoin, though the bank will not hold custody of the asset.

Finance

Slight Increase in Bitcoin Network Hashrate Reported by JPMorgan

JPMorgan notes a 2% rise in Bitcoin's hashrate in early May, indicating improved mining economics.

Adoption

JPMorgan Begins Bitcoin Sales to Clients Despite CEO's Ongoing Doubts

JPMorgan's latest decision to allow clients to purchase Bitcoin signifies a major shift within the firm, despite CEO Jamie Dimon's skepticism towards cryptocurrencies.

Blockchain

JPMorgan's Kinexys Integrates Public Blockchain on Ondo Chain Testnet

This development marks JPMorgan's first engagement with a public blockchain through its Kinexys platform.

Finance

JPMorgan Reports Continued Underperformance of Bitcoin Miners with HPC Exposure

According to a JPMorgan report, Bitcoin miners with high-performance computing exposure have faced losses for three consecutive months, amidst an increase in network hashrate.