JP Morgan: Bitcoin ETF price and flow correlation are declining
The correlation was as high as 0.84 in January, according to JPMorgan estimates, but has slowed since then.
JinseFinanceThe correlation was as high as 0.84 in January, according to JPMorgan estimates, but has slowed since then.
JinseFinanceJP Morgan criticizes Tether's market control, citing risks; Tether CEO defends, emphasizing regulatory cooperation and industry significance.
BrianSnowden questions Dimon's intensified Bitcoin critique post-SEC approval of spot-based ETFs. Dimon, once indifferent, now calls Bitcoin a "pet rock." Bitcoin figures, including Saylor and Mow, respond on Twitter. Dimon expresses concerns about disruption and doubts on Bitcoin's limited supply.
EdmundSome Crypto assets can do some valuable things, others can do nothing.
JinseFinanceIn the midst of growing anticipation for the approval of spot bitcoin ETFs, JPMorgan CEO Jamie Dimon maintains his critical stance on bitcoin, citing concerns about its perceived lack of value and association with illicit activities. Despite the bank's involvement as an authorized participant in BlackRock's ETF, Dimon's influence continues to shape the narrative around cryptocurrency.
Cheng YuanJP Morgan Chase's recent account closure controversy highlights the need for transparency and fair customer service in banking.
Cheng YuanWith JPMorgan as their authorized participant, the intermediary firm, the ETF can first be realized by converting Bitcoin into cash and vice versa.
JinseFinanceRashawn Russell, 27, was arrested yesterday and will be arraigned today in a New York court, the Justice Department said Tuesday.
decryptThe decline of the crypto market has been expected, especially for top digital assets such as Bitcoin, Ethereum, and Cardano. ...
BitcoinistJP Morgan is taking more profound steps in blockchain technology in recent development. This new generation bank now uses blockchain ...
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