Jamie Dimon Teases Future Grocery Shopping Runs with JPMorgan’s Cryptocurrency

2019-2-27 22:03

Wall Street titan and noted bitcoin basher Jamie Dimon said that JPMorgan’s controversial cryptocurrency could one day be used for consumer payments. Jamie Dimon: JPMorgan Cryptocurrency Could Target Consumer Use “JPMorgan Coin could be internal, could be commercial, it could one day be consumer,” Dimon said at the bank’s annual investor day in remarks quoted by CNBC.

As CCN reported, JPMorgan shocked Wall Street and Main Street alike earlier this month when the major financial institution announced that it would launch its own cryptocurrency token, dubbed “JPM Coin. ” JPMorgan blockchain lead Umar Farooq said that the blockchain could be used

The post Jamie Dimon Teases Future Grocery Shopping Runs with JPMorgan’s Cryptocurrency appeared first on CCN

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Источник: ccn.com

jpmorgan could → Результатов: 16

JPMorgan Sees Wave of Crypto Deleveraging From FTX’s Woes

JPMorgan strategists said bitcoin's production cost could be an indicator of the market bottom.

2022-11-11 18:47	Business
jpmorgan could cost indicator bottom market production

Jamie Dimon: “JPM Coin Could One Day Be Consumer”

JPMorgan’s decision to launch its own cryptocurrency, called JPMorgan Coin (JPM), has caused a furor in the cryptocommunity, which… The post Jamie Dimon: “JPM Coin Could One Day Be Consumer” appeared first on Invest In Blockchain.

2019-2-27 11:53
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Jamie Dimon Says JPM Coin Could Eventually Find Consumer Use

JPMorgan Chase CEO Jamie Dimon said that the company’s new crypto JPM Coin could one day be a consumer payment instrument

2019-2-27 03:40
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Jamie Dimon: JPM Coin Could ‘One Day’ See Consumer Use

JPMorgan's CEO has suggested that consumers could eventually use its U.S. dollar-linked token.

2019-2-27 01:45
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Facebook May Be Eying ‘FaceCoin’ as It Expands Its Blockchain Team

Social media giant Facebook is looking to expand its blockchain team. Could ‘FaceCoin’ follow JPMorgan’s recently unveiled JPM Coin as companies vie for the prized online payments market.

2019-2-21 05:00
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Bitcoin Could Experience a Resurgence of Interest on Wall Street: JPMorgan Strategist

JPMorgan strategist Nikolaos Panigirtzoglou said that increased stability will return Wall Street investors to Bitcoin

2019-2-7 02:10	Wall Street
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Could Apple Buy Netflix with its $250 Billion Cash Stockpile?

As Apple’s iPhone revenue falls and it looks to other income streams, JPMorgan is speculating that Apple could buy Netflix, or even a company like Sonos, or Activision Blizzard. In last week’s earnings call, Apple revealed it was sitting on a $245 billion cash stockpile.

2019-2-5 11:35	Netflix
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JPMorgan Chase Analysts: Bitcoin Price Could Sink Even Further, Crypto Values Unproven

JP Morgan analysts reported that Bitcoin will likely drop below $1,260, while banks will not benefit from blockchain for another three to five years

2019-1-25 22:18	USA
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Bitcoin Price to Benefit Most From Institutional Investing

Bitcoin (BTC), Cryptocurrency–A week ago JPMorgan analysts released a report that claimed the U. S. had a 60 percent chance of undergoing recession by the year 2020, with that figure climbing to 80 percent in three years.

2018-11-2 23:25
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Imminent Bitcoin ETF Approval Could Capture Major Market Momentum as Stock Prices Plummet

Stock Prices Are Plummeting: Can Bitcoin Exchange Traded Fund Actually Capitalize This Year? Many financial analysts have already sounded the horns for a looming recession. In fact, JPMorgan analysts have predicted a 60% chance of a recession by 2020 which increases to 80% by 2021. This can be a blessing in disguise for Bitcoin and […]

2018-10-25 17:58	News
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JPMorgan Predicts U.S. Recession by 2020, Could Signal Bullish Return for Bitcoin

Cryptocurrency, Bitcoin (BTC), U. S. Markets–On Oct 18, Bloomberg ran a report on a model produced by large financial institution JPMorgan claiming that the U. S. market has a 60 percent chance of entering a recession over the next two years, leading some to wonder how such a shift would impact the industry and marketplace of cryptocurrency.

2018-10-23 04:29
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Op Ed: Why Your Financial Advisor Won't Talk to You About Bitcoin

Bitcoin is in the news, and we’ve all seen the stories about early investors who’ve made millions and driven away in new lambos. So it’s only natural that people who haven’t invested already are wondering if they should.

2018-9-21 19:18	Op-ed
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Jamie Dimon Says 10-Year Could Hit 5 Percent

JPMorgan CEO Jamie Dimon sits down with CNBC’s Wilfred Frost to discuss the U.S. economy, the banking sector and President Trump’s trade policies. Q2 hedge fund letters, conference, scoops etc JPMorgan CEO Jamie Dimon cautions the 10-year Treasury yield could hit 5%: ‘It’s a higher probability than most people think’ Transcript Let’s kick […]

2018-8-7 05:46	News
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Blockchain Technology Could Save the World from Another Global Economic Crisis Says Former JPMorgan Big Shot

While many see nothing good in bitcoin and other cryptocurrencies, many others believe distributed ledger technology (DLT) will revolutionize the world. Pang Huadong, the former vice president of the North American investment banking division at JPMorgan, is one of those people.

2018-7-25 10:00	Finance
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JPMorgan Chase Scores Another Bitcoin Technology Patent

Banks have shown a keen interest in Bitcoin technology over the years. Various patents have been filed by these financial institutions to explore new potential business use cases. JPMorgan was recently awarded a patent which could allow the bank to issue blockchain-based virtual depository receipts.

2018-7-22 02:00
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A $57 Billion Lesson In Perspective For Crypto

On Monday, the American investment bank JPMorgan & Chase pulled off something pretty remarkable. Ahead of German drugmaker Bayer’s acquisition of the agrochemical company Monsanto, JPMorgan was tasked with collecting the funds so that the deal, two years in the making, could finally be completed.

2018-6-14 15:08	JPMorgan
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Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit: JPMorgan

The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds.

JPMorgan’s Crypto Double Standard: Largest US Bank Invests In Spot BTC ETFs While Dimon Remains A Bitcoin Hater

JPMorgan, the largest bank in the United States with $2.6 trillion in assets under management, holds shares in spot BTC exchange-traded funds (ETFs).

JPMorgan holds Bitcoin ETFs from BlackRock, Bitwise, Fidelity

JPMorgan holds shares in BlackRock, Bitwise, and Fidelity Bitcoin ETFs, with investments exceeding $1 million, according to SEC filings. The post JPMorgan holds Bitcoin ETFs from BlackRock, Bitwise, Fidelity appeared first on Crypto Briefing.

Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan Says

Crypto markets have seen significant profit taking in recent weeks with retail investors playing a bigger role than institutions, the report said.

Халвинг в сети Биткоина состоялся – награда за блок упала вдвое

20 апреля в сети Биткоина произошло четвертое за историю первой криптовалюты сокращение вдвое награды за блок. Событие произошло на блоке 840 000.

JPMorgan doubles down on $42,000 Bitcoin price forecast post-halving

JPMorgan stands by a bearish Bitcoin forecast post-halving, with a target of $42,000 due to high production costs and market overvaluation. The post JPMorgan doubles down on $42,000 Bitcoin price forecast post-halving appeared first on Crypto Briefing.

JPMorgan CEO calls Bitcoin a ‘Ponzi Scheme’ despite JPMorgan’s involvement in Bitcoin ETFs

Jamie Dimon, JPMorgan CEO, called Bitcoin a “Ponzi scheme. ” Dimon’s criticism comes despite JPMorgan’s involvement in Bitcoin ETFs. Bitcoin’s recent price volatility highlights ongoing debates in the cryptocurrency market.

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