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Tag: JPMorgan

JPMorgan strategists reveal retail investors are buying more bitcoin than institutions.

According to research by strategists at leading U.S investment bank JPMorgan Chase, retail investors are flocking to buy Bitcoin from mainstream fintech firms. The report states that retail investors have purchased more than 187,000 Bitcoin this quarter using PayPal and Square. Retail investors are even out-buying institutions, with JPMorgan’s analysts estimating institutions have purchased 173,000 […]

Retail traders buying more Bitcoin than institutions: JPMorgan

Retail traders have been buying large amounts of BTC through PayPal and Square.

Bitcoin (BTC) Price Prediction: BTC/USD Risks Fresh Decline if It Fails To Jump Over the Hurdles at $57,000 and $58,000

Bitcoin (BTC) Price Prediction – March 16, 2021Today, BTC/USD price retraced to $54,000 low and resumed upward. The brief uptrend was interrupted at the $57,000 [...]

Institutional Investors ‘Lined up’ to Buy Every Bitcoin Dip, Says Billionaire Investor Mike Novogratz

Billionaire investor Mike Novogratz has revealed he believes institutional investors have helped bitcoin’s legitimacy increase over the last few months, and now “line up” to buy every BTC price dip they see. Speaking to CNBC, Novogratz pointed out that a lot of Americans are going to receive stimulus checks worth $1,400 as part of a […]

Wall Street Tightens Crypto Embrace To Meet Rising Demand – eToro Crypto Roundup

Wall Street players are scrambling to meet rising demand by offering institutional clients exposure to cryptoassets. Goldman Sachs’ president and chief operating officer John Waldron told Reuters last week that “client demand is rising,“ and rival investment bank JPMorgan has already gained approval to offer a “cryptocurrency exposure basket.” This will give clients access to […]

The post Wall Street Tightens Crypto Embrace To Meet Rising Demand – eToro Crypto Roundup appeared first on The Daily Hodl.

JPMorgan Exploring Bitcoin and Cryptocurrency Clearinghouse Options

JP Morgan building with blockchain
JP Morgan building with blockchainU.S banking giant JPMorgan is reportedly exploring adding bitcoin and cryptocurrency clearinghouse options to its existing cryptocurrency services.   JPMorgan Exploring Crypto Clearinghouse Option U.S news outlet Forbes reported today, that JPMorgan is considering adding new cryptocurrency-based services. It further stated that the bank was exploring focusing on developing a cryptocurrency clearinghouse service.  The rising price
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New participants in the Bitcoin network are growing at an “unprecedented” rate, JPMorgan reports.

Bitcoin has seen a lot of adoption recently as corporations adopt the leading cryptocurrency. But it’s not just the big guys, but retail is just as much into the trillion-dollar asset. Retail investors have purchased more than 187,000 BTC so far this quarter as compared to roughly 205,000 last quarter, based on PayPal and Square […]

Read full post New participants in the Bitcoin network are growing at an “unprecedented” rate, JPMorgan reports. on Chaintimes.com.

DBS Becomes First Asian Bank To Process Transactions Using Trusple Blockchain Solution

Thailand Government Issues Blockchain
Thailand Government Issues BlockchainSingapore-based Bank, DBS announced today that it had processed its first financial transaction using the Trusple Blockchain. This makes DBS the first bank to use Trusple blockchain solution to perform a transaction. $40,000 Transaction Processed via Trusple Blockchain According to the report, DBS bank used the Trusple blockchain to conduct a transaction for artificial construction
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Bitcoin is now worth more than Visa and Mastercard combined

The largest cryptocurrency also recently beat the world's three biggest banks by market cap, data confirms.

JPMorgan is looking for a crypto clearinghouse: Report

Banking giant JPMorgan is reportedly looking to work with a crypto clearinghouse to add liquidity to the market.

The post JPMorgan is looking for a crypto clearinghouse: Report appeared first on The Block.

JPMorgan Says Retail and Institutional Bitcoin Flows Were Equal in Q1

Bitcoin Shows Some Signs of Stabilization After Brutal Decline
Bitcoin Shows Some Signs of Stabilization After Brutal DeclineAccording to a JPMorgan report, institutional and retail bitcoin flows balanced throughout the first quarter of 2021. JPMorgan Analysis Details Retail investors accumulated over 187,000 Bitcoins this quarter as a proxy using Square and Paypal data, compared to approximately 205,000 last quarter, strategists, including Nikolaos Panigirtzoglou, in a report on Friday. Meanwhile, over the period
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Market Analysis Report (16 Mar 2021)

Retail Bitcoin Buying Grows as Institutional Purchases Drop: JPMorgan | $40 Billion of Stimulus Money Could be Spent on Bitcoin and Stocks | Privacy Messaging App Signal Starts Accepting Crypto Donations

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