Cryptocurrency Market

  • Market Cap: $2,424,296,420,667.88
  • 24h Vol: $60,736,507,626.22
  • BTC Dominance: 56.55%

jpmorgan

jpmorgan-ceo-jamie-dimon-on-fed-rate-cuts:-bigger-economic-problems-ahead

JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead

JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve rate cuts, emphasizing that broader economic forces are at play. He cautioned against focusing too much on the type of economic landing. “Honestly, most of us have been through all that stuff, it doesn’t matter as much,” said the JPMorgan executive. Jamie Dimon: […]

JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead Read More »

jpmorgan:-bitcoin-miners’-market-cap-jumps-22%-following-ai-hosting-deal

JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal

Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave. According to JPMorgan, the combined market capitalization of 14 tracked miners has increased by $4 billion since the announcement. This rise occurred even as bitcoin

JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal Read More »

c6-bank’s-climate-tool-to-track-co2-emissions-from-customer-transactions-prompts-debate-on-future-of-banking

C6 Bank’s Climate Tool to Track CO2 Emissions From Customer Transactions Prompts Debate on Future of Banking

On April 13, a C6 Bank customer in Brazil shared screenshots of his online bank account, revealing that the financial institution was tracking CO2 emissions from his purchases and urging him to compensate monetarily. C6 Bank states that the new tool aims to inspire Brazilians to adopt more sustainable behaviors. ‘CBDC Preview’ — Bank Customer

C6 Bank’s Climate Tool to Track CO2 Emissions From Customer Transactions Prompts Debate on Future of Banking Read More »

jpmorgan-ceo-jamie-dimon-says-banking-crisis-not-over-—-warns-of-‘repercussions-for-years-to-come’

JPMorgan CEO Jamie Dimon Says Banking Crisis Not Over — Warns of ‘Repercussions for Years to Come’

JPMorgan Chase CEO Jamie Dimon says the U.S. banking crisis is not over and “there will be repercussions from it for years to come.” The executive added that recent bank failures “have significantly changed the market’s expectations,” and the odds of a recession have increased. JPMorgan CEO Jamie Dimon on U.S. Economy, Recession, and Banking

JPMorgan CEO Jamie Dimon Says Banking Crisis Not Over — Warns of ‘Repercussions for Years to Come’ Read More »

first-republic-bank’s-shares-downgraded-to-junk-status-by-s&p-global;-stock-slides-more-than-25%-lower

First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower

After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from 11 major financial institutions may not address the bank’s liquidity issues. First Republic’s shares

First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower Read More »

us-bank-outflows-and-concerns-mount:-11-banks-bail-out-first-republic-bank-from-collapse

US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse

After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a commercial bank and wealth management services provider, is the latest financial institution to receive a bailout. Close to a dozen lenders announced they will deposit $30 billion into the beleaguered bank’s coffers to shore up liquidity. U.S.

US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse Read More »

bank-board-member-and-dodd-frank-co-sponsor-barney-frank-suspects-‘anti-crypto’-message-behind-signature-bank-failure

Bank Board Member and Dodd-Frank Co-Sponsor Barney Frank Suspects ‘Anti-Crypto’ Message Behind Signature Bank Failure

Barney Frank, a former member of the U.S. House of Representatives from Massachusetts and leading co-sponsor of the 2010 Dodd-Frank Act, discussed his opinion on the recent failure of Signature Bank. In an interview, Frank stated that he believes regulators aimed to “send a very strong anti-crypto message.” Frank, who also serves as a Signature

Bank Board Member and Dodd-Frank Co-Sponsor Barney Frank Suspects ‘Anti-Crypto’ Message Behind Signature Bank Failure Read More »

coinbase-severs-ties-with-silvergate-bank-amidst-jpmorgan-downgrade-and-delayed-sec-filing

Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing

On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer accepting or initiating payments to or from Silvergate Bank.” The news follows the crypto bank’s delay of its annual 10-K filing with the U.S. Securities and Exchange Commission (SEC) and JPMorgan’s downgrade of the company’s

Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing Read More »

jpmorgan-to-open-blockchain-innovation-lab-in-greece

JPMorgan to Open Blockchain Innovation Lab in Greece

Financial giant JPMorgan has announced it will open a new blockchain innovation lab in Greece. The lab will be focused on the development of applications on top of Onyx, the blockchain platform launched by the bank in 2020, and on digital identity solutions. JPMorgan to Push Blockchain Development in New Innovation Lab JPMorgan, the investment

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coinbase-argues-its-staking-services-are-not-securities,-criticizes-sec-regulatory-approach

Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach

Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $30 million settlement that Kraken, another U.S.-based crypto exchange, completed with the U.S. Securities and Exchange Commission (SEC), also criticize the institution’s approach

Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach Read More »