However, Worthington noted that Coinbase doesn't seem to think ETFs are driving investors away. “Similar to comments we heard from Robinhood’s management earlier in...
A new era for the crypto industry approaches as the world’s largest exchange, Binance, changes leadership. Yesterday, the company’s founder and CEO, Changpeng “CZ”...
The crypto world is abuzz with Europe’s groundbreaking introduction of its first spot Bitcoin exchange-traded fund from Jacobi Asset Management, listed on Euronext Amsterdam...
JPMorgan Chase just issued an update on the firm’s financial outlook.
In a new note to clients, global investment strategist Madison Faller says JPMorgan has...
The major indices entered a new bull market in 2023, and investors are once again flocking to more speculative growth stocks. As such, some previously...
In an eventful month overshadowed by macroeconomic uncertainties, Bitcoin experienced an 8.0% decline. However, despite this setback, the network’s activity remained...
JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW)...
A senior executive for financial services giant JPMorgan says that the current state of the crypto markets is comparable to the “Napster” phase of music streaming in the 1990s. Speaking to The Financial News, JPMorgan’s head of digital assets Umar Farooq called crypto “clunky” and compared it to the state of the music streaming industry […]
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains,” said JPMorgan. Ethereum […]