Major U.S. investment bank JPMorgan is reportedly allowing advisors to execute crypto trades for more of its clients.
According to a Thursday report from Business Insider, retail wealth clients at JPMorgan now have access to cryptocurrency funds.
JPMorgan has published a report indicating that Bitcoin adoption in El Salvador could place pressure on the network.
However, Layer Two solutions are already in place to reduce network congestion.
JPMorgan Chase analysts believe that there are several challenges for El Salvador and its recent policy of making bitcoin legal tender.Read more
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Bitcoin’s (BTC) weekend dance between $30,000 and $34,000 seems to strengthen the short-term uncertainty narrative, as JPMorgan strategists believe the cryptocurrency market is not yet healthy.Read more
As Bitcoin (BTC) price failed to hold its breath above the $35,000 yesterday, JPMorgan expects an overall bearish movement below the critical price level based on the BTC-to-gold volatility ratio.Read more
After six months of eyeing JPMorgan Chase’s custom blockchain service for repo markets, Goldman Sachs has started trading on the platform.Read more