If you’re delving into the realm of digital currencies, you may have come across JPM Coin, a groundbreaking creation by J.P. Morgan, one of the world’s largest and most influential banks. In this comprehensive guide, we’ll explore what JPM Coin is, its unique features, and its potential impact on institutional payments. What Is JPM Coin? […]
Takis Georgakopoulos, the global head of payments for JPMorgan’s Corporate & Investment Bank division, discussed some crypto-related topics in a recent interview with Bloomberg Television. Speaking on client demand for crypto assets at JPM, he noted: “We saw a lot of demand for our clients, let’s say up until six months ago. We see very […]
Analysts at behemoth financial institution JPMorgan Chase & Co. warned in a published note last week that the cryptocurrency market has a capped upside. JPM asserted that the current share of market value stablecoins hold is a clear indicator of “potential rallies or declines.” Back when stablecoins controlled 10% of the total crypto market valuation, […]
JP Morgan Chase analysts, led by Nikolaos Panigirtzoglou, published a research work detailing the reason behind the recent Bitcoin (BTC) boom. The research explained that the hype surrounding the first-ever approved Bitcoin futures ETF in the US is not responsible for the rally, instead inflation is driving BTC to record highs. ProShares Bitcoin Strategy ETF, […]
The Managing Director of multinational bank JP Morgan Chase & Co., Nikolaos Panigirtzoglou, recently revealed that he believes Ethereum (ETH) is an overvalued digital currency. After conducting several evaluation metrics of the network activity, he proposed a figure that best translated the value of the Ether. Panigirtzoglou and his team placed this estimate at $1,500, […]
Lead JP Morgan analyst Nikolaos Panigirtzoglou has commented on when he expects the prevailing Bitcoin (BTC) bear run to end. In a recent interview with CNBC, the analyst asserted that Bitcoin would reenter a bull market once its market dominance exceeds 50%. Panigirtzoglou noted that: “A healthy number there, in terms of the share of […]
After several years of opposing cryptocurrencies and even calling it a fraud at some point, behemoth investment bank JP Morgan Chase & Co. has announced that it is hiring developers for Ethereum and blockchain development. The job listing was published on Glassdoor, a renowned US job and recruitment website. The firm noted that it is […]
