JPMorgan Report Highlights Centralization Concerns and Yield Impact in Ethereum’s Post-Upgrade Landscape

JPMorgan has reported that Ethereum's recent upgrades, known as the Merge and Shanghai, have led to increased centralization in the network and a decline in overall staking yields. The research report highlights concerns about the concentration of control and rehypothecation risks associated with th ...

JPMorgan Experts Express Disappointment Over Ethereum’s Shanghai Upgrade

JPMorgan International Corporation (JPM) experts have expressed disappointment with the results and network activity of the April update of the Ethereum network known as the Shanghai upgrade. According to their findings, the Shanghai upgrade did not have the anticipated impact on the activity levels ...

JPMorgan Quietly Accumulates XRP, Hinting at a Shift in Crypto Strategy

Recent reports have emerged suggesting that JPMorgan, one of the world's largest banks, holds a significant portion of its assets in XRP, a cryptocurrency developed by Ripple Labs. The leaked report, allegedly from an anonymous insider at JPMorgan, indicates that the bank has quietly accumulated ove ...

JPMorgan Develops IndexGPT, a Neural Network for Various Business Applications

It will be a universal tool from the banking giant It will cover different services and businesses We recently wrote that JPMorgan introduced JPMorgan ChatGPT, a customized version of ChatGPT for tracking market metrics. But the banking giant is not stopping t ...

JPMorgan Analysts Predict Bitcoin to Reach $45,000 due to Gold Price Rise

JPMorgan investment bank analysts led by senior strategist Nikolaos Panigirtsoglu believe that the rise in gold prices will also affect the bitcoin. In their opinion, BTC will reach $45,000. Nikolaos Panigirtzoglou's team stressed ...

Credible Crypto Believes Bitcoin Could Reach New Price Records in 2023

Famous cryptocurrency opponent Peter Schiff, who has repeatedly "predicted" the collapse of Bitcoin, is going to release his own collection of NFT, and it is based on the Bitcoin network. Despite all his statements against bitcoin and other cryptocurrencies, Peter Schiff sa ...

Bitcoin Analyst Credible Crypto Predicts New Price Records for Bitcoin in 2023

Popular cryptocurrency analyst under the pseudonym Credible Crypto believes that bitcoin may well update its price record as early as this year. According to the analyst, bitcoin could repeat the impulse waves of growth seen in past bull cycles. Credible Crypto recalled ...

JPMorgan Faces Accusations of Discrimination and Illegal Account Closures, Prompting Market Anxiety

They suspect the bank of discrimination And found plenty of examples of illegal customer account closures This story could be a driver of new anxiety in the markets Late news about banking giant JPMorgan has sparked a new debate about capital use in t ...

JPMorgan Acquires Assets of Troubled First Republic Bank

The PNC investment fund was their main competitor The banking giant will increase its weight in the market after the deal The Federal Deposit Insurance Corporation approved JPMorgan's bid to buy the assets of First Republic. Recall that the crisis of this play ...

JPMorgan unveils AI-based model to track potential market signals based on Fed chair and central bank governor statements

Her conclusions are based on an analysis of speeches by Fed and central bank governors over the past 25 years The model takes into account the correlation between statements and subsequent changes in the market It is expected that the Fed will continue to "tighten ...

Cryptocurrency Exchanges Eye Opportunities as Banks Collapse

JPMorgan Report: Cryptocurrency Exchanges Could Benefit from Banking Crisis JPMorgan's latest report suggests that the recent collapse of three banks - Silvergate, Signature, and Silicon Valley - could present an opportunity for some cryptocurrency exchanges. The report highlights that since t ...

Signature Bank Board Member Accuses US Regulators of Targeting Crypto Industry

A member of Signature Bank's board has accused US regulators of intentionally discrediting the cryptocurrency industry by blocking the bank's operations over the weekend. Barney Frank, a former congressman and board member of Signature Bank, has alleged that the New York City Department of Financ ...

JPMorgan Lowers Full-Year Forecast for Coinbase Stock Amid Regulatory Risks

Investment bank JPMorgan has revised down its full-year projection for Coinbase stock from $60 to $52 due to concerns surrounding regulatory actions. The bank's analysts have cited pressure on stablecoin issuers from regulators, a ban on Kraken exchange offering staking services to users, and str ...