Search Results for "jpmorgan"
JPMorgan Develops AI Tool for Federal Reserve Analysis
JPMorgan has created an AI tool using a ChatGPT-based language model to analyze Federal Reserve statements and speeches to detect trading signals. The tool assigns a Hawk-Dove Score to Fed policy signals and can predict changes in central bank tightening. The bank has reportedly found the preliminary applications of the tool to be encouraging.
JPMorgan Sees Retail Demand Improving, Ending ‘Intense Phase’ of Deleveraging
According to JPMorgan, the current crypto market is seeing improved investor sentiment and increased demand driven by retail investors.
Wells Fargo Sets Up Passive Bitcoin Fund for Wealthy Clients
Wells Fargo has moved to give its wealthy clients what they seem to want: a Bitcoin fund. JPMorgan also has started providing its wealthy customers with accessing a Bitcoin fund.
JPMorgan Pulls Off First Live Trade on Public Blockchain
Through the trade, JPMorgan was able to issue tokenized $71,000. It was part of the Singapore central bank's pilot programs that are testing the use of DeFi in the banking sector.
DBS Eyeing for the Metaverse
Southeast Asia’s largest financial institution, DBS, is reportedly eyeing a move into the metaverse, a trend that many banking giants are looking to become pioneers in.
Three Top JPMorgan Executives Jump Ship to Crypto Startups
Three executives left JPMorgan for joining crypto startups, believing the industry would have a promising development.
JP Morgan Research: Blockchain Mainstream Years Away, Libra's Hurdles and Bitcoin Hedging
JP Morgan has been one the earliest advocates and adopters of blockchain technology among the major financial institutions and continues to lead many other enterprises in the space. However, a new report by the American institution indicates that while the infrastructure for a digital economy is being developed globally, mainstream adoption is unlikely for at least a few years.
Bitcoin's Growth is Fueled by Inflation Fears, JPMorgan Strategists say
JPMorgan analysts pointed out that the latest surge in BTC price is more likely driven by the fact that investors see BTC as a hedge against inflation.
Bitcoin Price Surpassed $40,000 and Then Plummeted
This week, Bitcoin plunged again, and on Thursday (January 21) it plunged more than 10%. Entering January, Bitcoin rose from $30,000 to $40,000.
Polygon MATIC Price Surges to $0.951, Driven by Major Institutional Network Adoptions
The MATIC price has grown impressively over the last week driven by the chain's adoption.
Cost of Producing Bitcoin Dropped to around $13,000, says JPMorgan
The cost of producing Bitcoin has gone negative as it dropped from about $24,000 at the start of June to around $13,000 currently, according to JPMorgan Chase & Co.
Bitcoin Smashes New High of Over $60K as Valuation Now Exceeds JPMorgan, BoA, and ICBC Combined
Over the weekend, Bitcoin crossed a crucial milestone, hitting a record-high of over $61,000 before falling back slightly.