JPMorgan
The SBF Trial: Caroline Ellison Gears Up For Another Day of Testifying; JPMorgan's Blockchain Moves
"CoinDesk Daily" breaks down the biggest crypto headlines today, including the details of former Alameda Research CEO Caroline Ellison's testimony in the criminal trial against FTX founder Sam Bankman-Fried. The U.S. Securities and Exchange Commission (SEC) is getting new support in its legal case against Coinbase. And, JPMorgan debuts tokenized BlackRock shares as collateral with Barclays.
JPMorgan Debuts Tokenized BlackRock Shares as Collateral with Barclays
BlackRock said tokenization of money market fund shares as collateral in clearing and margining transactions would dramatically reduce the operational friction in meeting margin calls.
Ethereum Has Become More Centralized Since the Merge and Shanghai Upgrades: JPMorgan
The increase in staking has reduced the appeal of ether from a yield perspective, the report said.
Banking Giants Abuzz About Tokenization of Real-World Assets as DeFi Craves Collateral
JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?
World May Not Be Ready for U.S. Interest Rate at 7%, JPMorgan CEO Says
U.S. rates at 7% could push the U.S. economy into a recession, triggering risk aversion in financial markets.
Ethereum’s Shanghai Upgrade Has Been ‘Disappointing,’ JPMorgan Says
Daily transactions, daily active addresses and total value locked on Ethereum have all fallen since the upgrade, according to a report.
Ric Edelman Predicts Bitcoin Could Reach $150K by Summer of 2025 Amid Start of 'Sea Change' for Crypto
Digital Assets Council of Financial Professionals founder Ric Edelman shares his price prediction for bitcoin (BTC) as JPMorgan analysts predict the SEC is likely to be forced to approve the spot bitcoin ETF applications from several asset managers, after a federal court ruled that the regulator must review its rejection of Grayscale’s attempt to convert the Grayscale Bitcoin Trust (GBTC) into an ETF. Grayscale and CoinDesk are both owned by DCG.
JPMorgan Sees Limited Downside for Crypto Markets in the Near Term
News that Elon Musk’s SpaceX had written off some of its bitcoin holding in the previous quarter acted as an additional catalyst for the correction in crypto markets in August, the report said.
DCG Calls Gemini Lawsuit a Publicity Stunt; Analyst Downplays U.S. Spot Bitcoin ETF Hype
“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including Digital Currency Group's comments after Gemini announced its lawsuit against the industry conglomerate. DCG is the parent company of CoinDesk. A new JPMorgan report explains why the SEC's approval of a spot bitcoin ETF will not be a game changer. And, an update on when the much-awaited layer 2 blockchain Shibarium is expected to go live.
Bitcoin Hits One-Year High; Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit
"CoinDesk Daily" host Jennifer Sanansie breaks down the stories making headlines in the world of crypto. Bitcoin (BTC) continues its mid-June surge, soaring to a one-year high above $31,000. This comes as Coinbase won a reprieve from the U.S. Supreme Court on Friday, after the high court ruled that a lawsuit filed by one of the exchange's users couldn't proceed until Coinbase defends an appeal of a lower court ruling. And, JPMorgan has expanded its blockchain-based settlement token JPM Coin to euro-denominated payments, according to a Bloomberg report.
