Crypto markets articles
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JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets – Markets and Prices Bitcoin News
JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors. The global investment bank also observed institutional momentum traders and quantitative funds reducing positions, particularly in stocks, bitcoin, and gold. Insights on Market Trends by JPMorgan JPMorgan, a global investment bank, has provided insights on […]
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Robinhood Markets Gets SEC Warning Tied to Crypto Business
(Bloomberg) -- Robinhood Markets Inc. has been formally warned by regulators that it may face an enforcement action tied to its cryptocurrency dealings.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeFrance’s Macron Calls for Reset of Economic Ties With ChinaTreasury Rally Risks Running Into a $125 Billion Brick WallXi Begins Europe Tour in Paris as Macron Seeks to Reset TiesThe so-called Wells...
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JPMorgan Waves Crypto Red Flag: Urges Caution As Market Teeters on Edge
In recent evaluations by JPMorgan analysts, cryptocurrencies’ future appears to be uncertain. Despite the sector’s rapid expansion and increasing mainstream acceptance, the financial giant advises a cautious approach in the short term. This conservative stance stems from “diminishing retail interest” and a “scarcity of positive market catalysts.” Related Reading: Crypto Witch-Hunt: Experts Criticize DOJ For […]