JPMorgan

JPMorgan Boss Says 'Emerging Issues' Like Cryptocurrencies 'Need to Be Dealt With Quickly'

JPMorgan Boss Says ‘Rising Points’ Like Cryptocurrencies ‘Must Be Dealt With Shortly’ – Finance Bitcoin Information

JPMorgan’s boss Jamie Dimon has a bone to select with cryptocurrencies, shadow banking, and the monetary expertise (fintech) economic system. In a letter to JPMorgan shareholders, Dimon defined that banks are “taking part in an more and more smaller position within the monetary system” and there’s an inventory of things like digital currencies he’s named …

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Bitcoin could hit $146K long-term by 'crowding out gold,' says JPMorgan

Bitcoin might hit $146Ok long-term by ‘crowding out gold,’ says JPMorgan

Drawing parallels between Bitcoin (BTC) and gold’s function as a hedge for buyers has been widespread for years. Till now, the stark discrepancy within the complete market capitalizations of the 2 property has restricted these analogies to a big extent. Gold, even after a significant Bitcoin value rise in Dec. 2020, continues to command roughly …

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