JPMorgan (JPM) is preparing to launch a tokenized money market fund, the latest sign that major financial institutions and Wall Street asset managers are speeding up efforts to move traditional assets onto blockchain rails. …
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JPMorgan
In brief JPMorgan is the latest financial firm seeking to launch a tokenized money market fund, filing for JTLXX. Its tokenized product will rely on its own blockchain platform, which creates a permissioned layer …
- NFT & Metaverse
Bitcoin (BTC) holds ground as precious metals slide on ETF outflows and liquidity strains, JPMorgan says
by adminby adminBitcoin BTC$68,444.06 is proving more resilient than traditional safe-haven assets as gold and silver come under pressure from outflows, positioning unwinds and deteriorating liquidity, according to Wall Street investment bank JPMorgan. “The deterioration in …
Critics say the bank recycled an old MSCI index-exclusion story to spark MSTR selling, calling it a coordinated “hit job” on Saylor’s firm. JPMorgan is facing a growing online backlash after a wave of …
- Web3 Technology
Morning Minute: Bitcoin Falls Again as JPMorgan Blames Crypto Natives for Selloff
by adminby adminMorning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top …
- Altcoin Highlights
Bitcoin (BTC) Network Hashrate Took a Breather in the First Two Weeks of the Month: JPMorgan
by adminby adminThe Bitcoin network hashrate declined modestly in the first two weeks of October, dropping 5 exahashes per second (EH/s) to an average of 1,030 EH/s, Wall Street bank JPMorgan (JPM) said in a report …
JPMorgan has re-confirmed it will allow clients to trade Bitcoin and other cryptocurrencies. While the bank will not immediately offer custody services, it is expanding its blockchain initiatives and exploring how crypto fits into …
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee, because Wall Street has just sent another signal that crypto’s …
NFT & Metaverse
JPMorgan (JPM) Says Crypto-Native Investors Likely Driving the Market Slide
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The recent market sell-off was likely led by retail and other crypto-focused investors rather than traditional institutions, according to Wall Street bank JPMorgan (JPM). While bitcoin BTC$106,728.62 and ether ETH$3,836.70 both fell after October …
