Similar Stories to Jpmorgan Said To Weigh Offering Cme Bitcoin Futures To Clients on Bing News

JPMorgan Chase & Co. is weighing whether to help clients bet on the price of bitcoin via the CME Group's proposed futures contracts, according to a person with knowledge of the situation. The largest U.S. bank is gauging client demand and the potential risks of facilitating their trades, the person said this week, asking not to be identified.

Topics:  jpmorgan chase    co   u.s    chicago-based cme group   bitcoin   wall street   cme group   weigh   clients   person   
BING NEWS:
  • JPMorgan reveals a 'lower boundary' for bitcoin price after halving
    given that bitcoin is "overbought," based on analysis of the open interest in bitcoin futures. "Furthermore, the cryptocurrency price of about $61,200 is still above the bank's volatility-adjusted ...
    04/23/2024 - 5:11 am | View Link
  • Prepare for bitcoin to fall after the long-awaited halving, JPMorgan says
    The long-awaited bitcoin halving bell is here, but don't bet on more rapid gains just yet — JPMorgan says the price of the world's largest crypto could tumble shortly after the event.
    04/19/2024 - 7:01 am | View Link
  • Bitcoin Halving Seen Mostly Priced In by JPMorgan, Deutsche Bank
    With just a day or so to go, JPMorgan Chase & Co and Deutsche Bank AG say that the once-every-four-years Bitcoin software update called the “halving” that has long been touted as one of the ...
    04/18/2024 - 6:34 am | View Link
  • Bitcoin Halving Seen Mostly Priced In by JPMorgan, Deutsche Bank
    Currently, the US accounts for 40% of Bitcoin mining. However, both JPMorgan and Deutsche Bank agree that it is likely that some Bitcoin mining firms would look to diversify into “low energy ...
    04/18/2024 - 2:35 am | View Link
  • Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan
    The bank favors Riot Platforms and Iris Energy. Bitcoin’s outperformance may mean that part of the typical post-halving rally has been pulled forward, the report said. Recent weakness in mining ...
    04/17/2024 - 1:00 am | View Link
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