Bitcoin's futures market is displaying bullish signals despite a recent price cooling, indicating that the top cryptocurrency may be preparing for another leg upward, even as leveraged traders are being wiped out in liquidation.
The pioneer crypto asset moved close to its all-time high amid significant institutional activity in the Bitcoin market.
The IMF expressed concern that the rising incidents of cyberattacks on financial institutions globally could affect confidence in the financial system and destabilize economies.
JPMorgan Chase reported a 35% increase in profits for the third quarter, boosted by higher interest rates and lower-than-normal loan losses.
JPMorgan Chase has announced it is investing in blockchain analysis firm TRM Labs.
The 10-year Treasury yield reversed higher before consolidating at 1.73%, as it stayed around its 14-month high.
JP Morgan Chase has designed an instrument known as the Cryptocurrency Exposure Basket that operates companies, directly and indirectly, related to crypto.
At the close of trading at the New York Stock Exchange, the Dow Jones Industrial Average surged by 1.55% to hit a new all-time high.
Third-quarter operating profit dropped by 32% to $5.48 billion, or about $3,488 per Class A share.
America's JPMorgan Chase has given valuable insights on why it believes the odds are with Bitcoin.
JPMorgan Chase, America's biggest bank just reported its third-quarter earnings.
Gold prices have gained 24% this year, and likely to score more gains.
