Coinbase Global, the largest cryptocurrency exchange in the United States, is confronting a potential setback as JPMorgan Chase & Co. downgraded its rating on the company’s stock. The downgrade comes amidst concerns over a decline in Bitcoin’s value and fading enthusiasm for exchange-traded funds (ETFs) directly linked to the largest cryptocurrency in the market. Bitcoin […]
JPMorgan Chase CEO Jamie Dimon has once again expressed his strong opposition to crypto, advocating for a ban on digital assets such as Bitcoin (BTC). During a Senate Banking Committee hearing, Dimon made these remarks in response to questions from Senator Elizabeth Warren. Jamie Dimon’s Senate Testimony Dimon’s remarks during the Senate hearing reinforce his […]