In a landmark development for institutional finance, JPMorgan Chase & Co., the largest U.S. bank by assets, has launched a pilot program for its new USD-backed deposit token, JPMD, on Base, the Ethereum Layer-2 blockchain developed by Coinbase.
Read MoreJPMorgan Chase & Co. predicts that the approval of spot Solana (SOL) and XRP exchange-traded funds (ETFs) in the US could trigger significant investment inflows.
Read MoreBitcoin reached an all-time high on Tuesday, marking a significant rally in the digital asset market following Donald Trump’s re-election as president.
Read MoreJPMorgan Chase, the largest bank in the United States, has reached a settlement with the Securities and Exchange Commission (SEC) amounting to $151 million.
Read MoreJPMorgan Chase has maintained a positive outlook on digital assets, projecting a bullish trend for 2025. Led by managing director Nikolaos Panigirtzoglou, the firm's analysts have outlined key factors driving their optimism in their "Alternative Investments Outlook and Strategy" report.
Read MoreJPMorgan Chase and Bank of America have recently revised their forecasts regarding a potential interest rate cut by the Federal Reserve in November. Citing a robust labor market, both banks now expect the Fed to implement a quarter-point reduction, shifting away from earlier predictions that suggested a more substantial cut due to anticipated economic weakening.
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