2020-12-21 15:00 |
Institutions need to keep buying to avoid a price drop, JPMorgan analysts say, but the outlook is rosy and will come at the expense of gold.
Similar to Notcoin - Blum - Airdrops In 2024
2020-12-21 15:00 |
Institutions need to keep buying to avoid a price drop, JPMorgan analysts say, but the outlook is rosy and will come at the expense of gold.
Similar to Notcoin - Blum - Airdrops In 2024
JPMorgan Chase says the rise of digital assets could make gold suffer. While money poured into Bitcoin in October, gold saw a record amount of outflows. According to the bank’s quantitative strategists, including Nikolaos Panigirtzoglou, this trend is only going to continue in the long run as more institutional investors take a position in the […] The post JPMorgan: Bitcoin’s Rise Coming at Gold’s Expense; BTC Price Overshot, Bullion Due for Recovery first appeared on BitcoinExchangeGuide.
2020-12-11 00:08 | |
In JPMorgan’s usual predictions on gold and crypto markets’ shift, the famous American Wall Street bank said the rise of cryptocurrencies in mainstream finance would keep coming at the expense of gold.
2020-12-10 00:10 | |
The investment bank says gold could languish for years as Bitcoin’s popularity grows.
2020-12-10 20:06 | |
Increased interest in cryptocurrency funds appears to be coming at the expense of the precious metal. Investors Increasingly Choosing Bitcoin Over Gold Recent gains in crypto prices appear to be driven by diversification away from gold.
2020-12-10 18:54 | |
"The adoption of bitcoin by institutional investors has only begun, while for gold, its adoption by institutional investors is very advanced," a JPMorgan managing director wrote in the report.
2020-12-9 17:50 | |
Tons of gold have been taken off ETFs while bitcoin was rising in price, showing a striking correlation between the two. According to analysts at JPMorgan Chase & Co., family...
2020-12-5 17:36 | |
Deutsche Bank’s strategist Jim Reid reportedly wrote that investors are increasingly demanding to use bitcoin instead of gold to hedge dollar risk and inflation. His research concurs with one recently published by JPMorgan’s analysts that shows institutional investors moving from gold to bitcoin.
2020-11-20 08:15 | |
Bitcoin is currently trading at $17,600 after paring some of its gains
2020-11-18 09:05 | |
Smart institutional money prefers bitcoin to gold. Bullish on Bitcoin In a research note published on Friday, JPMorgan analysts noted that an increasing number of institutional investors, including family offices, are considering looking at bitcoin as a legitimate alternative to gold.
2020-11-10 14:00 | |
JPMorgan has highlighted evidence of institutional demand for bitcoin and investors moving from gold exchange-traded funds (ETFs) to the cryptocurrency. The firm points out that bitcoin demand is driven not only by younger retail investors but also by institutional investors, such as family offices and asset managers.
2020-11-10 20:45 | |
In a research report by JPMorgan’s global markets team, analysts noted that Grayscale Bitcoin Trust’s flow trajectory outperformed gold ETFs.
2020-11-9 02:11 | |
Leading Bitcoin and crypto-asset fund manager Grayscale has seen a strong influx of investment over recent months. JP Morgan analysts think that this may be a sign that Bitcoin is acting as an alternative to gold.
2020-11-9 02:00 | |
There's more demand for Grayscale's Bitcoin Trust than all gold ETFs combined, according to JPMorgan
2020-11-8 14:20 | |
Multiple strategists from JPMorgan Chase & Co believe bitcoin is poised to compete more fiercely with gold as an “alternative currency” in the coming years due to the growing Millennial investors’ interest.
2020-10-25 13:30 | |
Wall Street bank JPMorgan has surprisingly turned bullish on bitcoin’s medium to long-term growth potential. In its latest Flows & Liquidity report, JPMorgan reportedly stated that bitcoin will compete favorably with gold as an alternative currency in the coming years, as millennials take up a larger share of the total investment picture.
2020-10-24 21:00 | |
The tide is turning. This week PayPal announced support for cryptocurrencies, and now JP Morgan is changing the tune, as it says, Bitcoin is competing with gold as an “alternative” currency. The physical gold market, favored by the older generations, is worth $2.
2020-10-25 17:25 | |
Investors are beginning to turn towards “hard assets” like gold and Bitcoin to protect their capital from imminent inflation resulting from the massive money printing seen across the globe. This demand has driven gold’s price to a fresh all-time high of over $2,000 per ounce that was just set yesterday. It is also likely one […]
2020-8-6 05:00 | |
Bitcoin (BTC) and gold appear to be the popular asset choices for investors depending on their age group. Haven assets are seeing significant price increases as worry mounts over the future of global economies amid the ongoing coronavirus epidemic.
2020-8-6 23:00 | |
JPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.
2020-6-15 23:05 | |
Bitcoin took its first test and has got “mostly positive” results, according to JPMorgan Chase & Co. This test was the sell-off in March when the price of bitcoin crashed more than 40% just like many other markets — stock market, bonds, and gold — as economies shut down and investors fled riskier assets in […]
2020-6-14 20:14 | |
As interest in cryptocurrency grows among institutional investors, global investment banks, like Goldman Sachs and JPMorgan Chase, are reexamining their views about bitcoin. Goldman Sachs is hosting a call for its clients to learn about the implications of current policies for bitcoin, gold, and inflation.
2020-5-26 04:35 | |
Gold price dropped by 4% as U. S. stock market hit record highs. Major U. S. banks including JPMorgan and Citibank closed positions on gold for more risky alternatives. Nobel laureate says geopolitical risks are over-estimated, making the environment better for stock market over gold.
2019-11-10 14:13 | |
The United States Department of Justice has charged three gold and precious metals traders from JPMorgan on suspicions of market manipulation. The alleged bad actors include Gregg Smith, 55, Michael Nowak, 45, and Christopher Jordan, 47 — alongside other suspected co-conspirators.
2019-9-18 11:22 | |
JPMorgan back in the dock for precious metals trading fraud
2019-9-17 10:38 | |
The U. S. Department of Justice has charged top managers at JPMorgan Chase of market manipulation, Reuters reports. For the better part of a decade, according to DoJ charges, traders Gregg Smith, Michael Nowak and Christopher Jordan allegedly manipulated prices of gold, silver, platinum and palladium futures on the New York and Chicago Mercantile Exchanges.
2019-9-17 23:02 | |
The U. S. Department of Justice has charged top managers at JPMorgan Chase of market manipulation, Reuters reports. For the better part of a decade, according to DoJ charges, traders Gregg Smith, Michael Nowak and Christopher Jordan allegedly manipulated prices of gold, silver, platinum and palladium futures on the New York and Chicago Mercantile Exchanges.
2019-9-16 23:02 | |
Bitcoin challenging the US dollar’s worldwide supremacy seems more likely after it emerged that even the country’s biggest bank thinks the status quo cannot last. Central Banks Amassing Gold ‘Makes Sense’ In a report issued July 10, Craig Cohen, a strategist for JPMorgan Chase, said changing habits among non-US central banks are creating a real sense of unease about the dollar’s long-term status.
2019-7-24 13:00 | |
Max Keiser recently was featured in an article, stating that “Bitcoin is Peer-to-Peer Gold. ” Keiser explained that the value is entirely based on “the level of ‘dystopianism,’” adding that the first bank to commit fraud by participating is JPMorgan.
2019-4-28 02:57 | |
In their latest report, Max Keiser and wife Stacy Herbert kick off by discussing a recent note by JPMorgan to its clients. One of the most corrupt institutions of our time proclaims that cryptocurrencies would only have value in a ‘dystopian economy’ in which investors had ‘lost all confidence in all major reserve assets.
2019-2-2 23:00 | |
As many of our readers may already know, one of the most prevalent arguments that have been made time and time again in favour of BTC is that the alt-currency is a “much better SOV (Store of Value) than traditional hedges such as gold”.
2019-1-31 02:00 | |
Bitcoin has fared poorly as a store of value asset in the past decade, according to John Normand. The head of JPMorgan’s cross-asset management unit told Bloomberg that gold was a better hedge than Bitcoin since July 2010.
2019-1-29 21:49 | |
JPMorgan’s Quorum is being used to tokenize various real-world assets, including gold. The platform is poised to become an important instrument for companies looking for blockchain solutions.
2018-10-31 16:48 | |
CoinSpeaker JP Morgan’s Quorum Blockchain to be Used to ‘Tokenize’ Gold Bars JPMorgan Chase Bank’s Quorum blockchain is to be deployed for tokenizing gold bars to ensure direct trade between entities.
2018-10-31 12:19 | |
Bitcoin is in the news, and we’ve all seen the stories about early investors who’ve made millions and driven away in new lambos. So it’s only natural that people who haven’t invested already are wondering if they should.
2018-9-21 19:18 | |