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Tag: JPMorgan

Bitcoin Likely to Drop After the Halving, JPMorgan Says

The biggest impact of the halving will be felt by mining companies: “As unprofitable bitcoin miners exit the bitcoin network, we anticipate a significant...

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Fintech Nexus Newsletter (April 12, 2024): Earnings season kicks off today with big banks reporting

Earnings season for financial services officially kicked off this morning, with three of the top four banks reporting earnings. Let’s look at JPMorgan first. By...

New Spot BTC ETFs Take Market Share From BTC Futures ETFs

The new US spot bitcoin ETFs, which launched in January after gaining the SEC's approval, have dramatically shifted the crypto industry landscape, and appear...

Reddit Debuts on NYSE, IPO Values Company in Billions | Entrepreneur

Update: Reddit is making its long-awaited public market debut on Thursday, under the ticker symbol "RDDT." The company announced the pricing of its initial...

Amazon and Aramco Invest in CarbonCapture’s $80M Raise for DAC

CarbonCapture Inc., a prominent US-based direct air capture (DAC) company, has announced the successful completion of its $80 million Series A financing. This achievement...

JPMorgan Chase Paying $348,200,000 Penalty, Issued Cease-and-Desist Order Over ‘Unsafe or Unsound’ Banking Practices – The Daily Hodl

The Federal Reserve and the Office of the Comptroller of the Currency (OCC) are hitting banking giant JPMorgan Chase with a $348.20 million fine...

US Regulators Slap JPMorgan with $348M Fine for Lapses in Trade Reporting: Report

JPMorgan Chase & Co has found itself in the regulatory spotlight once again, facing a hefty fine of $348.2 million for inadequate monitoring of its trading...

United CEO Tells Boeing to Stop Making Its Long-Delayed Max 10s

United Airlines Holdings Inc. has told Boeing Co. to stop building 737 Max 10 jets for the carrier, opting to switch to a smaller...

Fintech Nexus Newsletter (March 12, 2024): Is the Chime-Zogo partnership the financial health model we need?

A lack of financial literacy can be devastating to maintaining financial health. The big problem is that most people find financial literacy programs boring and...

JPMorgan’s Dimon Pledges To Protect Individuals’ Ability To Purchase Bitcoin – CryptoInfoNet

Jamie Dimon, best known for his criticism of Bitcoin, cited concerns about its association with illegal activities while acknowledging individuals’ right to invest in...

JPMorgan CEO “Won’t Personally Ever Buy a Bitcoin”

Earlier today, Jamie Dimon, Chairman and CEO of JPMorgan Chase, shared his thoughts on the Federal Reserve’s potential interest rate cuts, the state of...

Analysts lower odds of Ethereum ETF approval to 35%

In a recent shift of perspective, Bloomberg analysts have significantly lowered the forecast for the approval of a spot Ethereum exchange-traded fund (ETF) by...

How Much Reddit Wants to Raise in Upcoming IPO, New Details | Entrepreneur

Social media forum Reddit, which has been around for nearly two decades, is finally going public. An SEC filing released today shows that the...

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