JP Morgan, one of the largest banks in the world, is concerned about the future of Bitcoin miners. This is because the reward was halved after the halving, from 6.25 to 3.125 BTC per block. According to JP Morgan analysts, the average cost of producing 1 bitcoin is around $45,000. At the time of writing, […]
Tag: JP Morgan
BlackRock Moves Forward with Bitcoin ETF and Names JP Morgan as Authorized Participant
Global asset management giant BlackRock has completed the final phase of its spot Bitcoin ETF filing. The company announced the appointment of authorized participants, a crucial step towards the fund’s final approval. Named participants include Jane Street Capital, LLC and JP Morgan Securities LLC, as reflected in a document recently filed with the SEC. The […]
“World Economic Hurricane”. The Doomsday Prediction by Jamie Dimon of JPMorgan
Citizens of the world, prepare for a dark future. The warning was issued by the CEO of JPMorgan, one of the major US investment banks, which revised its position and its forecasts, after having spoken of storm clouds over the global economy in recent weeks: “I recommend – says Jamie Dimon – the everyone to […]