Currencies35606
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DominanceBTC55.78%+0.39%ETH11.93%-1.77%
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Cryptorank

Jamie Dimon’s JPMorgan Embraces Crypto: BTC and ETH to Be Used as Collateral (Report)


by Jordan Lyanchev
for CryptoPotato
Jamie Dimon’s JPMorgan Embraces Crypto: BTC and ETH to Be Used as Collateral (Report)

After years of bashing and criticizing bitcoin and the rest of the cryptocurrency market, Jamie Dimon’s JPMorgan Chase & Co. appears a lot more positive toward the industry, and the latest push will reportedly allow institutional clients to use BTC and ETH as collateral for loans.

The Bloomberg report indicated that the crypto-related program will be offered globally and will rely on a third-party custodian to safeguard the assets.

Read the article at CryptoPotato

Read More

Trump Insider Whale Reloads $430M Long on BTC, ETH Ahead of Tomorrow’s Fed Rate Cut Decision

Trump Insider Whale Reloads $430M Long on BTC, ETH Ahead of Tomorrow’s Fed Rate Cut Decision

The “Trump Insider whale” has reportedly opened a $430 million long position in Bitco...
Ethereum Outpaces Bitcoin in Institutional Growth: 138% to 36%

Ethereum Outpaces Bitcoin in Institutional Growth: 138% to 36%

Ethereum funds now total about 6.8 million ETH, with the ETH/BTC ratio in holdings ju...

Jamie Dimon’s JPMorgan Embraces Crypto: BTC and ETH to Be Used as Collateral (Report)


by Jordan Lyanchev
for CryptoPotato
Jamie Dimon’s JPMorgan Embraces Crypto: BTC and ETH to Be Used as Collateral (Report)

After years of bashing and criticizing bitcoin and the rest of the cryptocurrency market, Jamie Dimon’s JPMorgan Chase & Co. appears a lot more positive toward the industry, and the latest push will reportedly allow institutional clients to use BTC and ETH as collateral for loans.

The Bloomberg report indicated that the crypto-related program will be offered globally and will rely on a third-party custodian to safeguard the assets.

Read the article at CryptoPotato

Read More

Trump Insider Whale Reloads $430M Long on BTC, ETH Ahead of Tomorrow’s Fed Rate Cut Decision

Trump Insider Whale Reloads $430M Long on BTC, ETH Ahead of Tomorrow’s Fed Rate Cut Decision

The “Trump Insider whale” has reportedly opened a $430 million long position in Bitco...
Ethereum Outpaces Bitcoin in Institutional Growth: 138% to 36%

Ethereum Outpaces Bitcoin in Institutional Growth: 138% to 36%

Ethereum funds now total about 6.8 million ETH, with the ETH/BTC ratio in holdings ju...