JPMorgan News

JPMorgan Chase & Co. is one the largest financial holdings companies in the world. It was founded in 2000 by a conglomeration of several big financial organizations and now employs Jamie Dimon as its CEO. Not only is it the largest bank in the US, it is also the second most valuable bank by market capitalization in the world. The company is headquartered in Manhattan, New York and has representatives of JPMorgan Chase Bank in over 60 countries, offering the full range of financial services.
The company has also expressed interest in using blockchain and Bitcoin technologies. In 2017, the company joined Enterprise Ethereum Alliance, an association that was created by companies interested in testing Ethereum blockchain technology for various projects. In the beginning of 2018, the organization published the “Bitcoin Bible” for potential investors that explains the technology on which cryptocurrency is based, revealing both its strengths and its weaknesses.

Alongside other actions, the CFTC was pleased with its seven enforcement actions in the crypto market.
Beyond BitMEX: CFTC sets a new record for lawsuits in crypto this year
Kollen Post
Bitcoin outperforms JPMorgan in terms of market capitalization shortly after the firm’s CEO said Bitcoin “is not my cup of tea.”
Bitcoin market cap hits new all-time high and surpasses JPMorgan at $352B
Helen Partz
Market Analysis
2020 has been a rough year for markets but Bitcoin has outperformed JPMorgan, Goldman Sachs, and the majority of top U.S. financial sector stocks.
Not bad for 2020: Up 42% in Q4, Bitcoin price outperforms top bank stocks
Joseph Young
Follow up
Despite its centralized design, JPM Coin’s real life utilization represents a step toward the mainstream adoption of blockchain technology.
JPM Coin debut marks start of blockchain’s value-driven adoption cycle
Shiraz Jagati
JPMorgan Chase now recognizes blockchain's profitability and has created a new business dedicated to digital currency and blockchain work.
JPMorgan's stablecoin finally sees commercial light of day
Marie Huillet
Markets News
A report from JPMorgan’s Global Markets Strategy division discusses three bullish reasons for Bitcoin’s long-term potential.
JPMorgan turns bullish on Bitcoin citing ‘potential long-term upside’
Joseph Young
Referring to Bitcoin as a commodity seems to show a maturing view of the asset.
JPMorgan says Bitcoin slightly overvalued as a commodity
Benjamin Pirus
Follow up
Major crypto exchanges are consolidating smaller, niche services to expand their overall market reach.
FTX buying Blockfolio continues consolidation trend in crypto industry
Shiraz Jagati

Follow us on Facebook