JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs
Global investment bank JPMorgan has published a report on the future outlook of crypto markets, including Ethereum’s upgrades, decentralized finance (defi), and non-fungible tokens (NFTs). The bank sees “the cryptocurrency markets as increasingly relevant to financial services,” its analyst described. JPMorgan Outlines Future Outlook for Crypto Markets JPMorgan analyst Kenneth Worthington published a report on the 2022 outlook for crypto markets Friday. The analyst wrote: The applications from crypto have only just begun. Web3.0, greater use of NFTs....
Related News
Coinbase’s chief product officer has shared some predictions for 2022 regarding Ethereum’s scalability, the metaverse, decentralized finance (defi), non-fungible tokens (NFTs), and more. 2022 Predictions by Coinbase’s Executive Coinbase’s chief product officer, Surojit Chatterjee, shared last week 10 predictions of what the crypto industry holds in 2022. The predictions cover a range of crypto topics, including ETH scalability, zero-knowledge proof technology, decentralized finance (defi), non-fungible tokens (NFTs), and the metaverse. Non-fungible tokens....
Global investment bank JPMorgan says cryptocurrency markets are “looking frothy” as retail investors spill over from the stock market into cryptocurrencies and non-fungible tokens (NFTs). Crypto Markets Look Frothy, According to JPMorgan JPMorgan published a note Wednesday on the stock market and cryptocurrencies. It explains that retail investors bought stocks at a record pace over the summer with an estimated net flow into the U.S. stock market of $13 billion in August after reaching a record high of almost $16 billion in July. The JPMorgan analysts asserted that the....
JPMorgan CEO Jamie Dimon has shared his predictions for the U.S. economy, including a chance of “something worse” than a recession. “There are storm clouds,” the executive said, citing interest rates, QT, oil, Ukraine, war, and China.
JPMorgan Chief Jamie Dimon’s Economic Forecasts
JPMorgan’s chairman and chief executive officer, Jamie Dimon, reportedly shared his predictions about where the U.S. economy is headed during a client call last week, Yahoo Finance reported Saturday.
While noting that the U.S. economy is strong,....
Altcoins have made big gains on the total market share of the cryptocurrency markets, but JPMorgan analysts have concerns. JPMorgan analysts have warned clients that cryptocurrency markets are looking frothy after the August trading boom saw spot market trading volumes once again top $1 trillion. In a note to clients reported by Markets Insider, the JPMorgan analysts suggested valuations in crypto markets, especially altcoins and NFTs, are getting too high. “The share of altcoins looks rather elevated by historical standards and in our opinion it is more likely to be a reflection of froth....
JPMorgan Chase CEO Jamie Dimon sees decentralized finance (defi) and blockchain as real, new technologies that can be deployed in both private and public fashion. He also noted that JPMorgan is at the forefront of this innovation. JPMorgan’s Jamie Dimon Praises Defi and Blockchain JPMorgan CEO Jamie Dimon recognized the merit of decentralized finance (defi) and blockchain technologies in his latest annual letter to shareholders, published Monday. While talking about his company’s investments in technology, Dimon said: Decentralized finance and blockchain are real, new....