‘De-Dollarization Emerging’ however Greenback Will Retain Its Dominance — JP Morgan Strategists
Two JP Morgan strategists have stated the U.S. greenback will retain its dominant place whilst it’s being challenged by different currencies such because the Chinese...
South African Currency Plunges to New Low Versus the Dollar a Day After the US Accused Country of Secretly Supplying Ammunition to Russia
The South African foreign money’s change charge versus the U.S. greenback plunged to a brand new all-time low of ZAR19.51:US$1 on May 12. The rand’s...
JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse
JPMorgan has outlined key modifications it expects within the crypto business and its regulation following the collapse of crypto alternate FTX. The world funding financial...
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have accomplished their first lives trades on a public blockchain utilizing decentralized finance (defi), tokenized deposits, and...
Conflicting Opinions on Future of US Economy, Bitcoin Added to Guinness World Records, and More — Week in Review
Economist and gold bug Peter Schiff has warned that the United States Federal Reserve’s actions to rein in inflation may result in a “massive financial...
JPMorgan Advises Investors to Sell Crypto, Buy Value Stocks — Says the Fed Overestimates Strength of US Economy
The chief international strategist of JPMorgan Asset Management has suggested buyers to give attention to valuations, spend money on worth shares, promote crypto, and keep...
JPMorgan Foresees Increased Blockchain Use in Finance — Prepares to Offer Related Services
JPMorgan expects blockchain use in finance to extend because the crypto sector grows. The international funding financial institution says, “We need to guarantee that we’re...
Could the Government Confiscate Gold Again? A Look at Today’s ‘Emergencies’ and Revisiting Executive Order 6102
This previous Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. authorities would strictly “forbid the hoarding of gold coin,...
JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion
JPMorgan has advised its purchasers that ethereum is shedding floor to rival cryptocurrencies, equivalent to solana (SOL), within the non-fungible token (NFT) market as a...
JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs
Global funding financial institution JPMorgan has revealed a report on the long run outlook of crypto markets, together with Ethereum’s upgrades, decentralized finance (defi), and...