JP

CGlids1953

I just searched JP Morgan financials for 2025. They had a gross revenue of 185.7 billion with 57.5 billion of that represented as net revenue. Thats over a 30% margin. The answer here is they could simply “make less profit” by having to compete with other entities paying higher interest, which yes, may drive their profits down 3-5%. I can live with these banks making a little less money. And lets be honest, the banks were already tightening up their lending standards so its not like these low interest rates are driving growth on the private lending side of things.

One-Eyed-WiIIy

[https://am.jpmorgan.com/us/en/asset-management/adv/about-us/media/press-releases/jp-morgan-asset-management-launches-its-first-tokenized-money-market-fund/](https://am.jpmorgan.com/us/en/asset-management/adv/about-us/media/press-releases/jp-morgan-asset-management-launches-its-first-tokenized-money-market-fund/) JP Morgan, the largest US bank using Ethereum. I hope it fills you with happiness being an internet troll.

AlphaRed

Bitcoin may not have utility for you currently in a relatively stable country. But imagine you’re in China, where there’s strict capital control. You bought physical gold. War breaks out with TW, soon JP enters, eventually Russia and USA gets dragged in. Can’t leave with the physical gold as it would get confiscated. Best store and transfer of value is Bitcoin.

Jack_Black1011

Guys, stop guessing and looking at charts, there are only 3 things that determine where it will all go and when - binance, JP Morgan and Trump…dont overcomplicate this…

BacchusAndHamsa

There is market certainty of what's going on with BTC (and the correlated ETH), it's just crypto fans don't read serious analysts because it violates their biases, instead they read shills who have investment in the stuff. That "$150K in two months" hooey didn't happen. Even JP Morgan's certain two fanbois were harping about "natural support at $94K because mining cost", well BTC fell through that like a bowling ball through crepe paper, hahaha. Real analysts are saying price target of $40K or below.... great buying opportunity but short term long traders must have a life that sucks.

b1mm3rl1f3

PhD economists and JP Morgan are saying that the dip might be compelling to buy soon so I dont know if a traditional 70-75% is sustainable anymore or too extreme. Those selling now in anticipation might just kiss BTC goodbye for good

heyheyitsdatboi

Exactly. When big money is telling you to buy, like JP Morgan this morning, it means theyre ready for a quick run up for their fresh longs and need you to pump it while they start shorting again at the local top while you’re holding bags (again). Their gameplan has always been the same. Trust your gut, trust what you see, do not I repeat DO NOT trust wallstreet

BainTrain55

They predicted something like gold would reach 10k too and it immediately dumped the next day. JP Morgan is the new Jim Cramer.

heyheyitsdatboi

JP Morgan : “Bitcoin more attractive then gold” *Bitcoin dumps* Yea, crypto is f***ed!

Jarrettsville-Grower

I don't understand why clarity law effects this so much. We don't need the banks ... Maybe just add the banks that are okay with giving interest ... lol JP can sit it out. lol Our 20022 coins can sit and wait but others can at least move on.

BrokeAsHell6

JP Morgan fucked everybody. 

Boner-Boii-69

I think this coming cycle ETH will be one of the strongest performers. Institutions have been quietly building on Ethereum L1’s and L2’s: Blackrock, JP Morgan, Coinbase, Fidelity and others for scalability/security. These multi-billion+ tradfi orgs do their diligence & don’t take risk the same as retail

trillionSdollarstech

Traditional cryptos are dropping because 1. the new Fed director advocates a return to a QT while everyone was expecting a QE (Fed buying bonds to lower long term interest rates), 2. the Clarity Act is more and more likely not to pass as the crypto world wish it would, or not pass at all. 3. The finance industry is adopting massively their own blockchain network (Canton), which cooks down the dreams of Ethereum, Solana and Ripple. All of this catalyzes **the dot-com crisis of crypto** that started in October: the market is being cleaned up because the finance industry comes and picks the blockchains that they need, that match with their regulatory constraints, that they trust. Projects that were talking more than delivering (or delivering overkilled features and missing real and important needs) are crashing slowly. I'm sure that Ethereum will survive the crisis thanks to its properties that are the strongest among permissionless networks. It will have its use cases, as shown by numerous pilots launched by the finance industry. It is probably time to bet on the rise of the blockchain(s) that will not disrupt the current structure of the finance industry. CC performs well because Canton brings configurable privacy and is adopted by the DTCC, the Nasdaq, the London stock exchange, the German stock exchange, JP Morgan, Goldman Sachs, HSBC, BNY... Bitcoin I don't know, it proves again that it is not a hedge against anything

Background-Call2711

We no longer need convincing. We need fair regulation. Why can’t I fucking hold BTC in my IRA damnit! Why can’t I hold BTC in my bank account! Why does JP Morgan not want to allow custodians to pay interest to holders even though they are 1:1 monetary instruments. Why? Because the monetary system is fucking rigged! That’s why!

WickedJester777

Oh yeah possibly $45k JP Morgan got approval to issue paper BTC let them try lol

Immortal-MF

US govt still holding, Strategy still holding, and many other major players with *billions* of dollars in value. At this point, Bitcoin can only either incredibly valuable, or worthless at this point. Worthless only being if these major players decided to dump everything they own - but that's simply not going to happen, considering the asset has only really just begun being discussed properly by people of power. The thing is, the people in power are not dumb people, they see the value just as the rest of us do. It's either bitcoin, or gold - the dollar is on it's way out - and gold ain't very easy to keep in your cash register. Central banks (the big institutions like JP Morgan, etc.) don't care too much for losing control over everything, but there's a lot of other people with just as much money that don't really like the banks anyway, and so it's their word vs the bankers. Now, when I say "people with just as much money", I mean entire countries, I mean governments, I mean private equity firms, the list goes on. The thing about Bitcoin, is it's somewhat of a negotiation against the dollar that can't be denied. A deal that can't be lost. We all want 10% APY savings accounts - banks don't want to pay you that much - Bitcoin doesn't discriminate. Above was all typed by me, but here's some ai stats if you're curious: "List of countries that have bitcoin reserves" - United States (largest, ~198,000–328,000 BTC, Strategic Bitcoin Reserve) - China (~194,000 BTC, mostly seizures) - United Kingdom (~61,000 BTC) - Ukraine (~46,000 BTC) - Bhutan (~11,000–13,000 BTC, from mining) - El Salvador (~7,000–7,500 BTC, strategic purchases as legal tender)

CitronEmergency8805

So many of you were mad at Michael Saylor Last Week, now Look how MSTR is Green. Pls Trust in Michael Saylor, only he can Save this mess created by JP Morgan and the democrats

CitronEmergency8805

So many of you were mad at Michael Saylor Last Week, now Look how MSTR is Green. Pls Trust in Michael Saylor, only he can Save this mess created by JP Morgan and the democrats

AutoModerator

Post is by: badplayz99 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1quumpz/explaining_macro_and_crypto_feat_arthur_hayes/ The other day Arthur Hayes published an essay ([http://cryptohayes.substack.com/p/woomph](http://cryptohayes.substack.com/p/woomph)) about macro and how crypto moves overall. It’s long, a lot of fluff, but there are some interesting takes, so I decided to throw the key points into a post. Here’s some useful info for your feed. Let’s read ✏️ The main point that caught my attention first is the rise of the “Foreign Currency Denominated Assets” line in the Fed’s weekly report. Roughly speaking: an increase in that line = the Fed is printing dollars = buying Japanese government bonds (JGBs) = Bitcoin starts pumping. I’m not sure how strong/accurate that correlation is, but you can track the data on this site ([https://www.federalreserve.gov/releases/h41/](https://www.federalreserve.gov/releases/h41/)) - it has the latest report and the next ones will appear there too. **Using Japan’s crisis as an example (per Hayes):** A weak yen + rising JGB yields leads to the Bank of Japan losing control, and Japanese investors (Japan Inc., $2.4T in US Treasuries) start selling US bonds. As a result, US yields rise and Trump’s deficit becomes unbearable. **How the Fed could intervene here (playing the “savior”):** 1. The NY Fed prints dollars for JP Morgan; 2. JP Morgan swaps USD into JPY in the FX market; 3. It buys JGBs for SOMA (the Fed’s portfolio). **Result :** the yen strengthens, JGB yields fall, and the Fed’s balance sheet grows. Everyone wins. This benefits Trump because the whole setup makes US exports cheaper, giving them a competitive edge over China. As a result, stocks go up - but that’s just a prediction for now. He’s also bullish on DeFi “shitcoins”, saying you can buy things like $ZEC, $LDO, $ETHFI, $PENDLE now and they’ll go up. I’d avoid decisions like that - you can see how everything is dumping right now. The smartest move is to sit on the sidelines; it feels too early to start picking bottoms *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

trillionSdollarstech

Traditional cryptos are dropping because 1) the new Fed director advocates a return to a QT while everyone was expecting a QE (Fed buying bonds to lower long term interest rates). 2) the Clarity Act is more and more likely not to pass as the crypto world wish it would, or not pass at all. This catalyzes the dot-com crisis of crypto that started in October: the market cleans up. The finance industry comes and picks the blockchains that they need, that match with their regulatory constraints, that they trust. Projects that were talking more than delivering (or delivering overkilled features and missing real and important needs) are crashing slowly. CC performs well because Canton brings configurable privacy and is adopted by the DTCC, the Nasdaq, the London stock exchange, the German stock exchange, JP Morgan, Goldman Sachs, HSBC, BNY... I'm sure that Ethereum will survive the crisis thanks to its properties that are the strongest among permissionless networks. It will have its use cases, as shown by numerous pilots launched by the finance industry. Bitcoin I don't know, it proves again that it is not a hedge against anything

Treeclimber919

JP Morgan could have told the nazis to go fuck off but he didn’t. Nor the brothers that started the central bank if we want to go down memory lane. There’s no evidence to suggest coinbase knew what Epstein was about just like the hundred others that were involved with him. He was a piece of trash but obviously was very good at hiding his true motives. When you own a business and a wealthy man wants to invest you generally don’t say no.

BacchusAndHamsa

I only see news where they "planned to accept" by now, but never that they did it. Some of JP Morgan's "analysts" were the "to the moon by end of 2025" hype mongers, well instead BTC and ETH are in the crapper. Maybe they won't do it. Maybe some analysts are updating their resume....

quacks4hacks

Epstein docs show Bitcoin, and most other coins were a scam all along, or had been hijacked from a very early stage, by Epstein and his global cronies in Israel and Russia. Whole thing was a scam. Now the markets crashing after JP Morgan used Friday to crash gold and silver.

ExternalElk1347

im working on my suicide video, Im calling out JP morgan and the COmex for this. this is terrible for all of us. I mean look, they just rob us over and over again and we do nothing when is enough enough? * **Sep 19, 2013: $300 million** civil money penalty (London Whale era derivatives trading controls) by the Office of the Comptroller of the Currency. * **Sep 19, 2013: $200 million** penalty by the U.S. Securities and Exchange Commission related to London Whale disclosures/controls. * **Nov 19, 2013: $13 billion** global settlement with the U.S. Department of Justice and other federal/state entities over RMBS related misconduct; includes a **$2 billion civil penalty** component (among other payments). * **Jan 7, 2014: $1.7 billion** forfeiture judgment in the U.S. Attorney's Office for the Southern District of New York Madoff related case (Bank Secrecy Act failures alleged). * **Nov 12, 2014: $310 million** penalty by the Commodity Futures Trading Commission in the FX benchmark enforcement actions. * **Nov 12, 2014: $350 million** penalty by the Office of the Comptroller of the Currency tied to FX controls, alongside other regulators’ actions (same broad FX enforcement wave). * **Sep 29, 2020: $920.2 million** total monetary relief ordered by the Commodity Futures Trading Commission for spoofing/manipulation in precious metals and U.S. Treasury futures markets. * **Sep 29, 2020: $920 million** DOJ criminal resolution announcement connected to the same precious metals and Treasuries spoofing schemes (deferred prosecution agreement context). * **Sep 29, 2020: $35 million** (disgorgement + civil penalty) in an SEC settlement over manipulative trading in U.S. Treasury securities by a JPM broker-dealer subsidiary. * **Dec 17, 2021: $125 million** SEC penalty for widespread recordkeeping failures (off-channel communications). * **Dec 17, 2021: $75 million** CFTC penalty for widespread recordkeeping and supervision failures (off-channel communications). * **Mar 14, 2024: $348.2 million** total penalties by the Federal Reserve Board and the OCC for trade surveillance program deficiencies (2014 to 2023). * **May 23, 2024: $200 million** CFTC civil monetary penalty for supervision failures (CFTC order). * **Reported May 23, 2024: $100 million** CFTC settlement for trade reporting/order surveillance violations (reported by Reuters). * **Reported late 2025 / early 2026: €45 million** fine by BaFin over delayed suspicious activity reports (reported by The Wall Street Journal). where's luigi?

SpaceballsTheCritic

Look, i was mining in 2010, i understand the argument. The only reason i didn’t hold was i under estimated first mover advantage. As a thought experiment consider this. Why BTC? Why not the thousand other sha-based coins that were launched? Why not any of the other more advanced coins that came along? Why not a coin launched by JP Morgan, or CBDC? They can all have a fixed suppy and ready integration into the market. What, truly, makes BTC special? Nothing, absolutely nothing, except it was first.

Ok-Suit541

Big ol bull flag on the JP10Y daily chart

trillionSdollarstech

They are dropping because the new Fed director advocates a return to QT while everyone was expecting a QE (Fed buying bonds to lower long term interest rates). This catalyzes the dot-com crisis of crypto that started in October. The finance industry comes and picks the blockchains that they need, that match with their regulatory constraints, that they trust. Projects that were talking more than delivering (or delivering overkilled features and missing real and important needs) are crashing slowly. There is one token (CC) that performs very well because Canton brings configurable privacy and is adopted by the DTCC, the Nasdaq, the London stock exchange, the German stock exchange, JP Morgan, Goldman Sachs, HSBC, BNY... I'm sure that Ethereum will survive the crisis thanks to its properties that are the strongest among permissionless networks. It will have its use cases. Bitcoin I don't know, it proves again that it is not a hedge against anything

AmphoePai

I have a different thesis, but it has to do with silver. The paper price has deviated drastically from the price for physical silver. Silver has exposed the fake economy, not Bitcoin! But how do we go from here? Well there is two ways for the silver paper price (the price you pay for having a silver ETF, options, or spot silver on your broker) to go vs. the price for the actual delivery of the physical, shiny metal. Either the paperprice catches up to the price for physical, or it collapses. This is why they crashed the silver price right before the weekend (yes, JP Morgan had massive short positions on silver that closed as soon as the ground was reched, oh what a coincidence because they created it). They want to gain time to get their hands on physical silver, but the vaults are empty because China bought it all and ACTUALLY got it delievered and are hoarding real shiny metal while the West holds paper "pinky" promises. This is how they crashed the price in the 80s too, but right now we have a rising power trying to take down our financial system. So it's more likely than ever the Dollar/Euro could collapse because we just got exposed. But how do we save ourselves, the "safe heaven" metals are in Asia, stocks are collapsing, there is nowhere else to go. What did you say, Bitcoin? Yes, people will flock to Bitcoin, not as a speculation or to reach the 1 million dollars, but as economic necessity. Noone can steal your Bitcoin if he breaks into your house, there won't be a flood of new mined supply, it is something you can store and take with you whatever the financial system does or if there is war outside. Look at what happened in Iran, people can't order gold when all hell is loose. They swapped their currency to Bitcoin, and while the Iranian government tried to ban it, they bought Bitcoin themselves to save their assets. This is why you don't worry about price, the price is what the market is allowed to pay for it but we are living in a big lie that could wake up to any moment. Metals exposed our system, but Bitcoin is the one who can save us.

Bubbacarl

Simple ai search will tell you. But JP Morgan and other banks are also adding ETFS. Key Institutional Players & Types Public Companies: Businesses like Marathon Digital, MicroStrategy, and Tesla hold large amounts on their balance sheets. Asset Managers: Firms like BlackRock are major players, often through spot Bitcoin ETFs, making it accessible for traditional investors.

Fancy-Chicken-3730

The current admin hasn’t been great for certain markets so far. But I don’t think they are entirely responsible. JP morgan bought 3 million ounces of silver at the exact bottom yesterday closing their shorts with exact precision timing. Kinda crazy how they have also been more into crypto for the past year as well with all the bizarre manipulated volatility. Not to mention the whole thing with them targeting micro strategy. It all goes back to massive market makers and JP Morgan is barely trying to hide it being openly aggressive.

trillionSdollarstech

To me it's clear that we are in the middle of the dot-com crisis of crypto. The finance industry comes and picks the blockchains that they need, that match with their regulatory constraints, that they trust. Projects that were talking more than delivering (or delivering overkilled features and missing real and important needs) are crashing slowly. CC performs very well because Canton brings configurable privacy and is adopted by the DTCC, the Nasdaq, the London stock exchange, the German stock exchange, JP Morgan, Goldman Sachs, HSBC, BNY... I'm sure that Ethereum will survive the crisis thanks to its properties that are the strongest among permissionless networks. It will have its use cases. Bitcoin I don't know, it proves again and again that it is not a hedge against anything

Prestigious-Lake-721

Crazy what’s happening. Somehow JP Morgan was able to catch the bottom with 3 million ounces of silver at $78.29 though. Funny how these banks always catch the bottom. As if the company fined for precious metals market manipulation previously was doing it again. SMH. Criminals.

Actual_Pattern_265

> crypto has issues too but least you can see on chain activity Irrelevant. Crypto derivatives are exponentially larger than the spot market, and most of it is off chain. Actually, most of the spot trading is off chain. I figured FTX would have alerted people to how much rehypothecation is going on, and that paper claims to BTC, Eth, etc. have probably inflated the supply by many many multiples. Call me when all the shady-af 100x leverage / derivative exchanges around the world have to prove their reserves. When that day comes, FTX will look like a baby scandal. Also - banks like JP Morgan, Goldman Sachs, etc. have already launched financial assets for synthetic BTC. Check JP Morgan's "Bitcoin-Linked Leveraged Structured Notes". Selling claims to BTC without having to buy any - all done through IOUs. The idea that BTC has a fixed supply, or that corruption is obvious because of on-chain activity. Ya, no. Wall Street does not play by these rules. They can get around all of this very easily, as they did with other fixed or scarce assets like gold, silver and real estate.

trillionSdollarstech

To me it's clear that we are in the middle of the dot-com crisis of crypto. The finance industry comes and picks the blockchains that they need, that match with their regulatory constraints, that they trust. Projects that were talking more than delivering – or delivering overkilled features and missing real and important needs – are crashing slowly. There is one token (CC) that performs very well because its network brings configurable privacy and is adopted by more and more companies (the DTCC, the Nasdaq, the London stock exchange, the German stock exchange, JP Morgan, Goldman Sachs, HSBC, BNY...). I'm sure that Ethereum will survive the crisis thanks to its properties that are the strongest among permissionless networks. It will have its use cases. Bitcoin I don't know, it proves again and again that it is not a hedge against anything

BainTrain55

“Jp Morgan raised their gold targets to $8500” If that wasn’t the sell signal for gold buyers right there I don’t know what is. Once JP Morgan says something sell immediately. Same thing happened with BTC when they predicted 180k.

OkSeries5363

You are getting downvoted because you are arguing about what they could do, everyone else is explaining what they must do to stay in business. Its very true an AP isnt obligated to sell BTC just like Im not obligated to open my parachute after jumping out of a plane. The AP Agreement doesnt legally force an AP like JP Morgan to sell, but their risk management committee and capital efficiency mandates certainly do. Market makers are strictly forbidden from holding massive, unhedged directional bets on their books. If an AP receives $100M in BTC during a redemption they have two choices Sell it immediately to recoup the cash they just paid out. Hold it become and long speculator and get fired by their risk officer for gambling with the firms liquidity. To an AP Bitcoin isnt an investment its inventory. They want to be delta neutral at all times their entire business model relies on being delta neutral. Whether they sell the spot BTC or hedge it with shorts, the result is the same the market feels the sell pressure. Think of an AP like a pawn shop. If you sell them a watch they arent obligated to sell it to someone else. They could keep it in a drawer forever. But they wont because they need the cash to buy the next watch. APs are liquidity providers not collectors. Arguing that they arent obligated to sell is technically true but practically irrelevant. A bank isnt obligated to keep its vault locked, theres no law saying they cant leave it wide open. But they will lock it every single time because they dont want to lose all their money. If the AP doesnt sell the underlying they arent an AP anymore, they are just a very confused hedge fund.

trillionSdollarstech

I'm still sure we are in the middle of the dot-com crisis of crypto. The finance industry comes and picks the blockchains that they need, that match with their regulatory constraints, that they trust. Projects that were talking more than delivering – or delivering overkilled features and missing real and important needs – are crashing slowly. There is one token (CC) that performs very well because its network brings configurable privacy and is adopted by more and more companies (the DTCC, the Nasdaq, the London stock exchange, the German stock exchange, JP Morgan, Goldman Sachs, HSBC...). I'm sure that Ethereum will survive the crisis thanks to its properties that are the strongest among permissionless networks. It will have its use cases. Bitcoin I don't know, it proves again and again that it is an hedge against nothing

No-Masterpiece2246

Fuck JP Morgan, who cares what they are building? Nobody wants their centralized shitcoins and they're just trying to be relevant. Less than 5y ago, their CEO Dimon told all of this employees they'd be fired if they bought Bitcoin.

trillionSdollarstech

As well as CC. Coinbase and Binance spinned up validators validators on Canton yesterday, after the adoption of the network by the London stock exchange, following Nasdaq, DTCC, German stock exchange, JP Morgan's and BNY's tokenized deposits, ...

liquid_at

Paper-Silver ($SLVR) was suppressed for a couple decades. If you look at the silver price, it was almost flat. Banks like JP-Morgan in the US and Credit Suisse in Switzerland have been known (and fined) for manipulating silver prices. They essentially sold every silver-bar they owned 10x as "redeemable" papers, despite not having the silver needed. In recent years, demand for Silver as a physical resource has gone up, but the $SLVR has not increased in price at all. Since there is currently a lack of supply for the industry, the price for physical silver is going up. Production is not enough, but holders of physical silver also aren't selling. This means that the price will go up until supply hits the markets again. Some industries will be priced out with their products no longer being economically feasible, lowering the demand. Some holders of physical silver will take profits at some point. When they balance out, the new price for silver will be found. You can look at the Gold-Silver-Ratio of the past 100 years and you'll see that they have a cyclical nature. Right now, Silver is very far away from Gold, so the next natural move is for both to move closer together again.

trillionSdollarstech

We are in the middle of the dot-com crisis of crypto. Finally, the finance industry comes and picks the blockchains that they need, that match with their regulatory constraints, that they trust. Projects that were talking more than delivering – or delivering overkilled features and missing some real and important needs – are crashing slowly. There is one token that performs very well because its network brings configurable privacy and is adopted by more and more companies (**the DTCC, the Nasdaq, the London stock exchange, the German stock exchange, JP Morgan, Goldman Sachs, HSBC...**). I will not cite it to avoid downvotes from upset crypto philosophers and bag holders. Those who follow the news know.

the_fattest_mitton

I saw something about regulators telling JP Morgan they had to reduce their short position by 50%. (Something due to no imports from China). And they only had like 6 months to comply. If silver goes to $500, their 300:1 short position would liquidate them. But JP Morgan can’t go bankrupt. Surely, they are too big to fail!

Benzo_Head

Nigga what? Altcoins are LITERAL ponzi schemes with no real world usage. They only serve to enrich developers while they dump on you. Stocks are actually tied to the company performance and sales Are you telling me Coca Cola, JP Morgan, Pfizer and Tesla are the same as Cardano, ShibaInu, Dogecoin and Vechain?

Uncle_Rico_Was_Frat

It really just boils down to the fact that adoption hasn’t occurred and there is no incentive for further adoption, the latter of which can be split into not enough incentive for (1) retail with accessible high yields and high liquidity/volume products and (2) corporates because there is not a VC funnel supporting ideation and product generation on the chain. As much as many hate that SOL is the “VC chain”, it drives a lot of activity and builders onto the chain, similar to what we’ve seen with Base in the last couple years. Unless something drastic happens—and I mean so drastic that no one is capable of predicting it like JP Morgan saying they’re going to rely on ADA alone for their blockchain exploration—ADA will continue to fade into obscurity.

SeemoarAlpha

I'm with you there. The big boys like JP Morgan with its JPM Coin are more likely to be part of the market structure since institutional players are just not going to tolerate algorithmic collapses with no recourse.

terp_studios

That could work if it was actually decentralized, but it’s not. A few people still have way too much control and influence over the direction of the network and they’re not based in the US. Instead, banks like JP Morgan will have someone like the federal reserve create their own blockchain and run off of that. It’s funny and naïve to think the banks are on different teams, they’re all funded by the central bank.

ElRiesgoSiempre_Vive

> they’ll make their own blockchain rather than supporting a foreign entity. JP Morgan, for example, will not trust anyone else's private blockchain with large transactions. Nor are they interested in integrating with each and every private blockchain out there. They need a decentralized chain that no one controls. Eth brings all the big players to one central location. It's essentially the same argument why we don't have a million private internets rather than one central internet.

Teraninia

It's not that people are scared, its that JP Morgan made 25 billion dollars last year just alone from customer deposits. The banks are essentially admitting that they are a cartel, that bank competition isn't actually real (at least not enough to provide better interest rates to customers), and they are that they couldn't actually survive real competition from a parallel financial system. If the banking industry were actually capitalist and not a monopoly, then competition between banks would already have optimized yield such that defi wouldn't be a meaningful threat. They just can't handle a system that isn't being rigged by the state and that allows for actual competition, and their ace is always to create fear of financial instability, a narrative they now lay easily after over a decade of media FUD that has primed the public to fear crypto.

piggleii

Ok, now the latest ETH narrative is something about Mr Beast. What happened to JP Morgan tokenizing everything? And what's latest with Vitalik's "Trustless Manifesto"?

Otherwise-Trifle892

JP Morgan are hardly a small entity. To announce a partnership, confirmed by JP Morgan with Canton is a pretty big deal. I don’t think they should be overlooked just because their MC is 5Bish. XRP has a 128B market cap lol! Canton has secured maybe one of the largest partnerships in Crypto. The potential is 📈

cedarrapidsiaus

Yeah i mean why would anyone be obligated here? I wasn't referring to obligation so I'm not sure why you are bringing that up. I was mentioning how using Ripple/XRP would benefit others, not that others have to use it. Tokenization is coming, a new enhanced efficient cross border payments system is coming and inevitable as long as the worlds tech hasn't disintegrated. If you think JP Morgan is going to be the King of the future of cross border payments and tokenization and offer better solutions and products, then invest in JP Morgan i hope. Good look to JP Morgan finding the liquidity and trust to move the worlds money and catching up to other blockchains years ahead of them. And no matter what a JP Morgan blockchain will always be Centralized because its OWNED BY JP MORGEN. This can work for people who chose to bank with JP Morgen, but that's where its use case ends. People that don't want to use or trust JP Morgan or any other bank or companies' centralized blockchain product are much more likely to use a product that is free from banking, government, and business influence (DECENTRALIZED). Also, JP Morgan can create its own blockchain (any bank or business can) and still use XRP, SOL, XLM, ETH, HBAR, and other cryptos' software. Its called interoperability. Companies with and should build their own blockchains built to there specific needs. Just as they should also turn to others that help them save time & money. I'm betting on both happening. Banks building there own blockchains actually makes it easier for them to integrate with crypto like XRP and XLM through stable coins and interoperability lol. Could XRP go to zero? Of course. My view is that it will be worth a lot more than it is today. If you think it will have no role in the future that's cool. We'll see what happens. You see that article you just posted of BNY? Did you know BNY and Ripple are collaborating? Lol https://www.bny.com/corporate/global/en/about-us/newsroom/press-release/ripple-selects-bny-to-custody-ripple-usd-reserves.html#:\~:text=Ripple%20is%20the%20leading%20provider,%2C%20exchanges%2C%20and%20moves%20value. https://thedigitalbanker.com/bny-mellon-to-hold-reserves-for-ripples-new-stablecoin/#:\~:text=These%20efforts%2C%20if%20successful%2C%20would,regulated%20tools%20for%20value%20exchange. "Bank of New York (BNY) Mellon and Ripple have a strategic, expanding collaboration centered on the integration of digital assets into traditional finance.  Key aspects of their relationship include: * **RLUSD Custody**: BNY Mellon serves as the primary reserve custodian for Ripple's enterprise-grade stablecoin, Ripple USD (RLUSD). This partnership lends credibility and regulatory alignment to RLUSD by having its cash reserves held by one of the world's largest and most trusted global custodians. * **Tokenized Deposits**: Ripple Prime, Ripple's institutional arm, is an early adopter and participant in BNY Mellon's new **tokenized deposit service**. Launched in January 2026, this service allows institutional clients to convert cash into digital tokens on a private blockchain, enabling 24/7, instant settlement for transactions like collateral and margin workflows, which is not possible with traditional banking systems that have cutoff times. "

wmrsion

He published his own JP Morgan stable dollar and coin on Base via ETH … he’s degrading his own products

Dramatic-Tackle-792

It's never a pump, a pump is followed by a dump. Big money is flushing out leverage. After the price goes down they buy in backroom deals. Setting up ETFs to offer clients in retirement accounts takes a huge amount of work. It's work done by the board of directors, actuaries, compliance officers, lawyers, programmers, advertisers, PR agents, etc. It's a massive undertaking for major banks like Wells Fargo, Citi and JP Morgan. That's why we're crab-walking. Institutions are quietly accumulating and they want to control the price in a tight range for as long as possible. Once they accumulate all they can as cheap as they can they can slowly increase the price for 20 years and make lots of lovely money on fees. Five countries have announced investment in bitcoin for national banks and pension funds. Three global banks have launched ETF. That whole time the price has flatlined. It makes NO sense when you look at the block chain and exchange activity, unless billions of dollars are being invested. People do not invest billions of dollars on a whim. There's a plan in place. For the love of God, hodl! Hodl on for dear life!

harvested

JP released a statement https://x.com/federalreserve/status/2010510130970849338

ItsAConspiracy

Where "low" means "it could only be done by sacrificing half a trillion dollars." That's how the proof of stake algorithm works, and there's no social consensus for making irregular changes to it. Of course, making irregular changes is *possible*, but it's also possible on JP Morgan's L1, and it'd be way easier to pull off on a more centralized chain with a handful of validators.

JustStopppingBye

>LayerZero has more clean interop volume on the ground vs ChainLink's narrative about the "future". LayerZero is fundamentally just an interoperability layer and even within that narrow scope it continues to lose relevance and market share to Chainlink. [Heres the most recent switch from Layerzero to chainlink](https://x.com/chainlink/status/2008825950872490299). Now why would they do this? Care to explain? LayerZero tends to function as a temporary bridge used until a more robust, trust-minimized solution like Chainlink is ready or fully integrated. By the way, is layer zero used by Swift, DTCC, JP morgan or Canton? Didnt think so lol

trillionSdollarstech

I believe that Canton is where there is money to make. It is clearly loved by the finance industry, used by more and more entities (B of A, DTCC, Nasdaq, JP Morgan, Goldman Sachs, BNY Mellon...) but it is so new to the plebs (us) that the price is still minuscule. I believe this is a huge opportunity. Canton burned a record of $1.04M in fees yesterday. This is considerably more than every traditional blockchain, including the leaders Solana and Ethereum (around $600k each) : https://canton.thetie.io The halving of Canton on January 12 will amplify the effect of this high usage, reducing considerably the daily supply of CC: https://www.reddit.com/r/Canton_Network/s/YrNXN7mNBk Canton ($6B market cap) does for real everything Ripple ($120B) always tried to pretend and never managed to concretize.

trillionSdollarstech

I believe that Canton is where there is money to make. It is clearly loved by the finance industry, used by more and more entities (B of A, DTCC, Nasdaq, JP Morgan, Goldman Sachs, BNY Mellon...) but it is so new to the plebs (us) that the price is still minuscule. I believe this is a huge opportunity. Canton burned a record of $1.04M in fees yesterday. This is considerably more than every traditional blockchain, including the leaders Solana and Ethereum (around $600k each) : https://canton.thetie.io The halving of Canton on January 12 will amplify the effect of this high usage, reducing considerably the daily supply of CC: https://www.reddit.com/r/Canton_Network/s/YrNXN7mNBk Canton ($6B market cap) does for real everything Ripple ($120B) always tried to pretend and never managed to concretize.

trillionSdollarstech

2 days after JP Morgan, BNY Mellon launches tokenized bank accounts on Canton too: https://x.com/i/status/2009676516653748725

CipherScarlatti

JP Morgan and Diamond all the time: "Crypto bad! Crypto scam!" Now: "Peasants, I require all your liquidities."

trillionSdollarstech

JP Morgan launches tokenized bank accounts on Canton, 2 months after Base (Ethereum) : https://x.com/i/status/2008886620414410991

brock2063

Which Morgan? JP or Morgan Stanley?

IndigoBroker

What’s the logic there? Why why would Ethereum go up so much more percent wise than bitcoin? Makes no sense. Solana is going to destroy Ethereum. It’s just a matter of time. It already does everything faster and cheaper. JP Morgan Chase is buying the shit out of it now I mean, do some research people. We all love Tommy, but he made a bad bet on Ethereum as he’s still in the hole over $5 billion. He’s living in a dreamworld.

JustStopppingBye

Kinexys is not an L2, it’s a private layer 1 that JP Morgan created. JP Morgan coin is a tokenized asset which was issued on BASE which is an L2. How old are you?

JustStopppingBye

>JP Morgan coin is an L2 Wow.....Your reading comprehension is so poor. JP Morgan coin is a tokenized asset not a blockchain. Their blockchain is called Kinexys, which is a PRIVATE PERMISSIONED CHAIN. A private permissioned blockchain is a L1 because it runs its own consensus and records transactions independently. An L2 only exists on top of another chain and relies on that chain for security and final settlement. Since a private chain doesn’t do that, it cannot be an L2.

Treeclimber919

Dude I’m not even bothering bickering with you. Anyone who has any clue of ethereum or what it is would agree with me. You’re either completely clueless or just fucking around for whatever reason or some die hard in a bs coin and you just hate Eth for whatever reason. It’s written in articles all over tokenized on Eth. JP Morgan coin is an L2 as I stated not an L1 so I think you need to do more research

Treeclimber919

Maybe you should read the article you posted. Certainly says ethereum. Yes private blockchain which anyone can build. You need to run it on a network which JP Morgan clearly says tokenized on ethereum in your article. Not trying to be rude this is what you posted.

Treeclimber919

Are you aware of blockchain layer 1s and layer 2s and how they work? Do you know their are about a handful of layer 1s worldwide and take that down to a few fingers on any that are actually large enough to be able to handle the number of items and transactions that would be required to fit JP Morgan’s needs.

Treeclimber919

Right. First off I don’t like to click links posted on Reddit but I happened to be so interested in your confidence that I just did. Once again absolutely states nothing about an L1 JP Morgan blockchain. Specifically states multiple times though that their blockchain was built on ethereum network which generally suggests it’s an L2 which is the general script for anyone building a blockchain.

JustStopppingBye

>I can’t find an actual article that states JP Morgan has an L1 network .....I literally posted it at the top. [honestly bro. ](https://www.jpmorgan.com/payments/newsroom/kinexys-fund-flow-awm-citco-transaction#:~:text=Kinexys%20Digital%20Assets%20(KDA)%20is,largest%20institutions1%20since%20inception)

Treeclimber919

That would be false. I can’t find an actual article that states JP Morgan has an L1 network but I certainly have found multiple articles with minimal effort where they have a blockchain built on ethereum which is an L1 but great effort on your research spreading misinformation sick over everyone being what xrp what supposed to.

Professional-Bend-69

My main concern is not the effectiveness of BTC, but it’s the intervention of institutions and whatnot to keep us on the traditional financial standards. I have done some research into bitcoin, read books, listened to podcasts etc, but I can’t resist worrying about the overwhelming power the US government, JP Morgan etc have over Bitcoin. I don’t think they’re totally orange pilled

Dramatic-Tackle-792

Of course he has inside information. He has deals in place with banks and governments for the year ahead. Same as JP Morgan and Citi. That's why they're predicting year-end prices of $170K. Their actuaries know roughly how many clients will want approximately so much bitcoin in their portfolios.

JustStopppingBye

Core infrastructure is what they control and settle on internally. That’s why they built their own chain in the first place. Ethereum is used at the edge. They want to be able to distribute tokenized products to reach external liquidity and to interoperate with as many public markets as they can. JP Morgan is using chainlink CCIP to connect to as many chains as they can. Eth is the biggest, so it’s the first, but expect many more.

JustStopppingBye

https://www.jpmorgan.com/kinexys/index JP Morgan runs their own blockchain. Any use of Ethereum is purely to distribute and market its own products and tokenized assets more widely, not because it relies on ETH as core infrastructure

Gotglo

Wrong crypto was being suppressed this whole time due to liquidity conditions and manipulation from MM. I suspect the big banks and institutions that you see headlines about accepting bitcoin products now,(JP Morgan…Vanguard etc) they been positioned since the end of last cycle and they fooled everyone acting like they didnt want to embrace crypto to get lower position. They cant be us becoming the new financial system so they have to just us, however they still want a piece of the pie which is control over the money markets because thats how banks make their money. Now we have a situation where it is not a retail only cycle, it’s institutional, banks, businesses and sovereign wealth funds + retail that will run cycles going forward. No blow off top and euphoria = a more shallow and quick “bear market.” Also i dont know why there’s this whole stigma of the bear market crashing BTC down to 20-30k like people saying. I wonder if people know the “bear market” is basically people selling and taking profits. BTC only went down from 126k to 80k low because the “4 year cyclists took profits”. We can absolutely still go a lil lower but for dummies to think bitcoin is ever going back below 60-70k is delusional. The institutions and big money is our support levels now and sadly i believe they control the narrative now. They are waiting for clarity and liquidity conditions to push price up and then finally take their profits when retail FOMO back in after thinking there will be a brutal and long bear market.

JustStopppingBye

So do many other chains. Not sure what you’re arguing? JP Morgan has their own chain and they’re using it in conjunction with chainlink services https://www.jpmorgan.com/kinexys/index

JustStopppingBye

LMAO!! JP Morgan has their own chain 😂😂😂

JustStopppingBye

Too bad it’s already been adopted by Swift, DTCC, JP Morgan and countless other large institutions. You can stay in your delusional fantasy land though

Treeclimber919

Absolutely. You can’t put walls or a roof up if you don’t have the foundation. Ethereum is the foundation that makes all meaningful transactions possible. I like to think of it as the internet. You can build all the websites you want but if no one can access these sites why would you build them. Anyone can make a coin, JP Morgan etc but if you can’t send and receive them there’s no point. Ethereum is the network to provide this, it’s not a currency. This is what drives me nuts with xrp and people who say banks will use this coin to send and receive them. They won’t, stable coins are here to stay but they need a way to send those stable coins. Ethereum is the way to send and receive them

Treeclimber919

I wouldn’t say that updates happen all the time. Beginning of December a new upgrade. Lowered cost to send dramatically. Where as Bitcoin is expensive and is a whole process to update due to its founder being MIA. Eth on the other hand can very quickly keep up with current times. If you love JP Morgan or any large bank for that matter or the us government, dollars will be digital as they currently are and will advance further, they are all built and sent on ethereum. It’s basically the internet. You can build a website but you can’t steer traffic to it if you don’t have the internet.

lookaway11

JP Morgan

Brewerfan1979

JP Morgan

Strange_Control8788

If people can’t transact bitcoin then that would just incentive people MORE to mine or else their bitcoin will be worthless. There are ETFs, futures contracts on the CME and gigantic institutions like JP Morgan that buy and trade bitcoin. Nobody will ever stop mining it.

AngryMonkkk

There are only two possible outcomes from MSTR frequent purchases of BTC at this scale and time. 1 - they break the Bitcoin theory as an asset class, people finds out some stupid things in the MSTR Books (financial statements) and everyone holding BTC become a joke of the century. 2 - they become Berkshire Hathaway and JP Morgan combined, and rule the money market and finance industry for the next century. I am believe the outcome 1st is easy to bare, I don’t mind people laughing at me for making some stupid decisions financially at this point in time. But if outcome 2 became true, I won’t be able to see my self in the mirror for not taking the shot.

Conscious-Fix-6043

Sorry to hear that brother. JP MORGAN is a crypto / Bitcoin HATER

Easik

I feel like every single person has had a bad experience with JP Morgan, so it's really shocking to me that anyone still banks with them. I'm not even talking just crypto, but especially crypto users getting account closure notices.

No_Giraffe_4647

In my opinion what is currently happening is more complex as there are strong buyers on one end not only the fed but some financial institution like blackrock and JP Morgan just to name a few and some new folks who are entering the market now or strengthening their position and holding them. Crypto market is still young and there are now a kind of split between the strong buyers opportunist and the strong sellers who get anxious and panic. So we have a split between them who are saying it will raise to the moon or drop near zero. In my opinion there will be a kind of balance and I would bet that the price is going to stall for few years or so inside 80 to 120k price corridor. I know I may be one of the few who think like this but reality is when 2 kind of person are trying to pull the rope in opposite direction it is going to stall.

RN_Geo

Bbbbuuttt, he is walking around with his hat out and JP Morgan and Goldman Sachs are just gonna turn the firehose of cash onto that hat!! Any day now....

Background-Day-4957

Bearish for the first two months of 2026. Current headwinds: 1. ⁠Bank of Japan recent rate hike. Waiting for Yen Carry Trade to play out. 2. ⁠Bank of Japan to start, in January 2026, “slowly” selling their long held ETFs, which will further decrease liquidity. 3. ⁠Morgan Stanley’s (not JP Morgan) decision on January 15 to possibly exclude from their MSCI indices DAT companies which hold more than 50% of their value in crypto, like MSTR. 4. ⁠MSCI review and changes to their indices on February 10th. 5. ⁠Possible prolonged government shutdown again over spending and healthcare subsidies. We saw what happened to the price of crypto in October and November during the previous shutdown. 6. ⁠Supreme Court ruling over legality of Trump’s emergency tariffs, resulting in increased volatility. Be patient and buy the dip.

piggleii

Don’t worry, JP Morgan is tokenizing the entire universe on Ethereum as we speak.

piggleii

Because JP Morgan will tokenize every single thing on earth on Ethereum. Yes, everything! Even the turd you dump every morning, JP Morgan will tokenize that!

SpeedyVanmoofer

They cut rates, but relative the rates are still higher in US and EU, so why would people want to unwind from those assets to enjoy a lower JP rate? Also pls check the 10 year chart of yen to usd and to eur, it is NOT a safe haven. Bitcoin is a safe haven though.

MinuteStreet172

No, you just wanna be rich and don't understand why what we need is P2P cash, why Satoshi gave it to us, and why now that it's crippled for such function, now we have JP Morgan and Black Rock hyping it, and y'all loving it lol Luckily there's still a small bunch of the community true to Bitcoin's revolutionary ideals.

Ok-Proposal6598

The Risks: Legal Scrutiny: Solana faces legal challenges related to its meme coin launch platform and validator setup, with accusations of market irregularities that could negatively impact investor confidence and perception. Furthermore, manipulation is rampant; SOL is weak fundamentally, and the network is always congested. It has already reached its all-time high, and Solana could fall to $9. For now, BTC and ETH are "safe bets" with less volatility. Additionally, JP Morgan launched a token on the ETH network. There may be projects with better fundamentals, but all altcoins are bleeding money. Another example of a scam is PIPPIN on the Solana network.

CleanRefrigerator37

You can read cointribune, TLDR crypto newletters, CoinMarketCap and Coingeclo for charts and infos. The SOL ETF, JP Morgan interest in solana, the bridge with Ondo, visa using USDC for payment solution. DeFi app, the résilience to a massive Ddos attack, the SOL ecosystem is florishing and growing fast. Just a reminder, SOL start 5 years ago...

GroundbreakingKing

Do you think MicroStrategy makes the best decisions? I bet you also believed when JP Morgan was strongly against Bitcoin. Dance little puppet 🎶

CharlesOregano

Governments wouldn’t do anything against big companies as black rock, vanguard, JP Morgan etc (that are relevantly into bitcoin now). Actually, it’s more likely they do the opposite in order to save them as already happened before. Institutional adoption isn’t what I dreamt about, the price finned up faster than I expected thanks to them, but it has some advantages.

Pufpufkilla

Full of JP Morgan bots lol

coinfeeds-bot

tldr; Solana has emerged as the most watched blockchain network in 2025, accounting for 26.8% of all blockchain-related searches, mentions, and on-chain activity, surpassing Ethereum and Bitcoin. Its fast growth, ecosystem strength, and ability to handle high transaction volumes have attracted developers and users. Despite a record-breaking 6 Tbps DDoS attack, Solana maintained normal operations, showcasing its resilience. Major financial firms like JP Morgan are adopting Solana for on-chain financial products, further boosting its prominence. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.