JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto market cap “no longer looks excessive.”
MoreTwo major financial services companies, JPMorgan and Wells Fargo, are launching bitcoin funds, according to the filings with the U.S. Securities and Exchange Commission (SEC).
MoreThe chairman of investment firm Sanders Morris Harris, George Ball, says cryptocurrencies are an effective hedge against currency debasement.
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