Rhodium Enterprises Files for Chapter 11 Bankruptcy Amid Financial Struggles
#Rhodium Enterprises files for Chapter 11 bankruptcy with $50M-$100M in liabilities after missing a $54M #loan repayment. #Bitcoin #CryptoNews
JPMorgan
JPMorgan Increases U.S. Recession Probability to 35% as Market Fears Intensify in August
JPMorgan ups U.S. recession odds to 35% as market fears rise. Goldman Sachs follows, raising to 25%. #Economy #Finance #Recession
Ripple’s Bold Ad Campaign Sparks Debate in Crypto Community
Ripple’s latest ad at Union Station sparks debate among #crypto enthusiasts, while #JPMorgan Chase expands crypto offerings with FCF Pay partnership. #Ripple
JP Morgan’s Jamie Dimon Misunderstands Bitcoin Fundamentals
JP Morgan CEO Jamie Dimon’s recent Bitcoin gaffe shows a surprising gap in understanding among top financial execs. 🤔 Time for a crypto crash course? #BitcoinBasics #CryptoConfusion #FinancialLeaders
JPMorgan Embraces Blockchain: Launches Tokenization Platform in Collaboration with BlackRock
🔗 JPMorgan takes a leap into the future with its new blockchain tokenization platform! 🌍 With a debut transaction alongside BlackRock, is this the beginning of tokenizing all traditional financial assets? 📈💰 #JPMorganBlockchain #TokenizedFinance #FutureOfBanking.
Bear Market May End Soon Despite Threats of Further Sell-Off: JPMorgan
JPMorgan analysts suggest that the current crypto bear market may soon come to an end despite threats of further sell-offs.
JPMorgan Revolutionizes FX Settlement with Indian Banks Through Blockchain
💥Breaking News💥 #JPMorgan is shaking up the Forex market in India! Partnering with six Indian banks, they’re launching a #blockchain platform for real-time dollar transactions. The future is here! #CryptoNewsLand #FXTrading #BlockchainNews
First Pilot for Digital Asset and DeFi Goes Live: MAS
The first industrial pilot under Project Guardian, which investigates possible decentralized finance (DeFi) applications, officially began on Wednesday.
Kanye West Complains To J.P. Morgan For Mistreatment
Kanye West, the controversial “Orange Pilled” rapper and style icon, was photographed wearing a Satoshi Nakamoto cap following JPMorgan tye cut: Reports.
JP Morgan Execs Make Opposing Statements on Crypto
JP Morgan CEO Jamie Dimon claims cryptocurrencies are decentralized Ponzi schemes. Global Head of Payments Takis Georgakopoulos revealed that they are seeing a decline in the use of crypto for payments. Head of Global Operations Marko Kolanevic believes crypto will rally in 2023 alongside stocks. JP Morgan executives have made strong — and albeit contradictory statements — about cryptocurrency in the last couple of days alone. On one side of the ring, CEO Jamie Dimon blasted cryptocurrency, claiming that it is nothing short of a decentralized Ponzi scheme. In congressional testimony last January 21, Dimon said that he remains a
JPMorgan Predicts Limited Upside for Crypto Markets
JPMorgan said the drop of stablecoins’ share in the total crypto market will result in limited upside for crypto prices. According to the bank, the share of stablecoins in the total crypto market has fallen from 7% to 10%. People consider stablecoins as cash on the sidelines for buying cryptocurrencies. Global investment bank JPMorgan Chase & Co. warned through Insider that people could expect further upside in crypto markets to be limited. Their projection came from the relationship of stablecoins and the rest of the crypto market. JPMorgan recognized the share of stablecoins in the total cryptocurrency market value as
