Category: JPMorgan

Goldman Sachs reportedly started trading on JPMorgan’s repo blockchain

Goldman Sachs reportedly started trading on JPMorgan’s repo blockchain

Goldman Sachs reportedly traded digitized treasury bonds for JPM Coin on JPMorgan Chase’s Onyx blockchain platform. 1334 Total views 8 Total shares After six months of eyeing JPMorgan Chase’s custom blockchain service for repo markets, Goldman Sachs has started trading on the platform.  Mathew McDermott, global head of digital assets for Goldman Sachs’ global markets […]

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Institutional investors dump Bitcoin for gold, JPMorgan analysts say

Institutional investors dump Bitcoin for gold, JPMorgan analysts say

JPMorgan still sees a $140,000 Bitcoin price as a long-term theoretical target. 1685 Total views 5 Total shares Amid Bitcoin touching five-month lows near $30,000, JPMorgan Chase analysts suggested that large institutional investors are now dumping Bitcoin (BTC) in favor of gold. In its Tuesday note to clients, JPMorgan suggested that institutional investors are going back to […]

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