JP

Steven_The_Sloth

Trump got debanked because JP Morgan flagged extremely suspicious activity on his accounts and notified the FBI/DOJ. When the government did nothing about it, they decided they didn't want to be tied to his potential crime and "debanked" him. They didn't want to be complicit in his actual treason.

No_Investigator3369

The last sentence is 100% true my dad literally gave me back the ledger I gave him RTG and said I just don't get this. But he is really into keeping silver in his safe. He "gave" everyone silver for xmas and then told them he would keep it in his safe until they are ready to sell it lol. so essentially everyone got silver that they can't spend because he still wants to brags to his silver bug friends that he has a ton of silver. He's never answered how he would get out of the country with it. And even ignored my calls for him to at least "chip up" into gold. But nope JP morgan is manipulating silver and its going to $1000

Dellis251984

Comment 3/7 \-------------------------------------------------- VERSE \-------------------------------------------------- At 1:53 the verse begins again. The first thing you notice is that the character’s world is now colorful. Earlier everything was gray, but now color has entered his world because he finally obtained Bitcoin. However, he’s only wearing half of the Bitcoin necklace. He expected the full reward, but because of the halving he only received half. Even so, he’s still happy. He’s walking down the same street he walked earlier in the video, now heading back toward the “Club No Trust” to try again — this time with Bitcoin. But the video shifts back into edutainment again during this verse. At 1:54 you see an image referencing the founding of the Federal Reserve. The octopus image represents the financial system controlling many parts of the economy with its tentacles. This references the meeting on Jekyll Island where the Federal Reserve system was created. And is a modified version of the real image. The character spray-paints over the graffiti on the wall, symbolically erasing the Federal Reserve. At 1:59 it cuts back to Milly during the lyric “you work every day, that shit ain’t right.” This connects to Milly representing the worker and the miner — the proof-of-work behind Bitcoin. At 2:03 the lyric references dividing the S&P 500 by the money supply. M2SL is the ticker. The idea is that when you compare asset growth to money supply expansion, a lot of what looks like “growth” is actually just inflation. At 2:11 the lyric talks about “building castles on sinking sand.” This scene shows altered names of major banks which are the "castles": JP No Mo’gan = J.P. Morgan Not So Well Fargo = Wells Fargo Shitty Bank = Citi Bank Goldless Sacks = Goldman Sachs Morgan Stagnant = Morgan Stanley This represents the idea that the traditional banking system is unstable. At 2:14 the character returns to Club No Trust. The bouncer is based on a famous Satoshi Nakamoto statue. He tries to enter again now that he has Bitcoin. But the scanner lights up red again: ACCESS DENIED. He is missing the other half of the Bitcoin necklace. At 2:16 he walks away discouraged, thinking about his life and wondering if there’s another way. At 2:20 he looks back into the same shop window where the Bitcoin necklace originally was. In the window is a note that reads “I’ve moved on to other things,” referencing Satoshi Nakamoto’s famous final message before disappearing. The note disappears, reinforcing that Satoshi is gone. (continued)

piggleii

JP Morgan is going to tokenize all of us.

Galavanta

Everyone still wants merchant settlement in fiat so the rails will keep goin to Visa/MC until actual native channels with decent reach exist, if ever. Volume isn’t even close to shifting. most of the “crypto” cards are just debit products with a swap on top, always was a compliance play. The whole “spend btc directly” narrative never made sense with volatility and friction this high. you want to actually optimize coin accumulation, not daily spending. I just keep it all tracked by risk level in alphasquared and tune my exits without caring what JP Morgan’s getting per swipe.

Silentkindfromsauna

Calling Revolut a crypto company is like calling JP Morgan a crypto company.

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Post is by: Responsible_Potato76 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/HodlyCrypto/comments/1rkra0p/bitcoin_surges_past_73k_what_this_means_for/ Bitcoin has officially reclaimed the $73,000 level today, March 4, 2026. As of now, BTC is trading around $73,200, up 7.2% in the last 24 hours. 24-hour trading volume has exploded to roughly $68-75 billion, pushing Bitcoin’s market cap above $1.46 trillion. Three clear forces right now: 1. Haven demand amid escalating geopolitical tensions, investors rotating into Bitcoin as “digital gold” while traditional markets remain under pressure. 2. Strong ETF inflows, US spot Bitcoin ETFs recorded $458 million in net inflows on March 2 alone (the strongest recent daily figure), with BlackRock’s IBIT alone pulling in $263 million. This institutional buying pressure has been consistent and is clearly supporting the breakout. 3. Major banks joining the ETF race, JP Morgan Chase has stepped up big time, now offering direct access to Bitcoin and Ethereum ETFs through its J.P. Morgan Self-Directed Investing platform and significantly boosting its own holdings in spot Bitcoin ETFs (up 64% to $343 million in BlackRock’s IBIT alone in recent filings). Additional fuel came from \~$400 million in short liquidations over the past day, accelerating the move higher. Sudden +7% pumps can feel exciting, but they also test discipline. History shows these ETF-driven rallies, especially with big banks like JP Morgan getting more involved, often mark periods of accumulation. With thin order books above $73K (limited sell walls up to $80K in some analyses), momentum could continue, but volatility remains elevated. Despite today’s strong surge past $73K, there is still significant risk in the market. We are in a US midterm election year, and history shows these years are often extremely volatile and painful for Bitcoin, with major drawdowns in past cycles (2014, 2018, 2022). And yet… this year is the perfect year to accumulate Bitcoin. I know how heavy the uncertainty feels right now, the headlines screaming, the charts swinging, but this is exactly the kind of environment where patient holders quietly build life-changing positions. Stay calm. Accumulate wisely. Not financial advice. *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.*

Dubb18

The gist of what was said by the TradFi analyst was that there's still a lot of money sitting on the sidelines. That's what the JP Morgan analyst is also saying. They're hearing from these investors. Now, is there enough liquidity to raise millions of shitcoins to ATH? Probably not. There will be those that get a lot attention besides BTC.

Advanced-Summer1572

Yes last Thursday was in the financial section of the times. Also JP Morgan filed to store cryptocurrency.

MattBonne

JP Morgan is such a hypocrite, I don’t like them

Prestigious-Ad-7927

For me, it’s the fixed supply, the security of the network and the institutional adoption. What cemented it even more was the approval of bitcoin spot ETF, and now industry giants like JP Morgan is allowing bitcoin as collateral. My journey started by reading The Bitcoin Standard.

willofscott

Strange no one is mentioning Monad, built from the ground up, including its own data base core, not lipstick on a pig, parallel execution gives it speed like Solana, instant finality, it is built to be EVM ETH code compatible so devs don’t have to rewrite to deploy, moving over is painless and resource conservative, Built by a team from high frequency trading firm Jump Trading, Paradigm is core investor, they recently recruited exec talent: Urvit Goel (formerly of the Optimism Foundation) as VP of Go-to-Market. Joanita Titan (formerly of FalconX) as Head of Institutional Growth. Sagar Sarbhai (formerly of BVNK) as Head of Institutions for Asia-Pacific. The new team members also bring experience from firms such as JP MorganDeutsche BankAnchorage DigitalFireblocks, and Amazon. The mainnet went live in November, during this bear market so the price has stayed suppressed for the time being as they ramp up operations and build adoption. Has all the makings of a legit L1 utility chain with new tech to go the long mile, and is live and operating and growing. .02 a coin, has much room to grow, 5 years to be $1, is a 50x move. 2 cents to 10$ would be a 500X move. It’s similar to Solana when it launched, Solana went from 50 cents to 250$, which is also a 500X move, but Solana launched in a Bull market. The bear market is giving a longer opportunity to recognize the opportunity and decide to create a position. Exactly what I’ve done, working on a 5 million coin position. Then let it ride. Right place right time, is usually what makes momentous gains. And if not it’s just money, not the end of the world. Bitcoin has the store of value locked, the next biggest movers will be the utility chains that are built with quality which can main stream trad if on chain. MONAD is this chain, and it’s just getting going. Look into it if you don’t know anything about it, I’m stoked I did.

BodybuilderSalt9807

I don’t trust anything JP Morgan or Jamie. They are a bunch of crooks

Abhishek-Soni

It means JP Morgan wants to offload crypto

slvbtc

>I’m 2011 a client of mine asked me to help him with exodus wallet on his phone. Exodus wallet was created and founded in 2015 by JP Richardson and Daniel Castagnoli. It launched its desktop wallet in 2015.

LiveSlay

Nothing to be exited about. BlackRock is a gambling company. They don't buy and hold. They buy cheap and dump when price goes up. Companies like Blackrock, JP Morgan, Jane street are the reasons why BTC price is getting manipulated so much. Companies buying Btc for their balance sheet are good. Wallstreet traders are curse to Btc.

cryptolipto

No use case at all… Then why is the DTCC making a blockchain for tokenization Then why is Swift making a blockchain for cross border payments Then why did JP Morgan launch Kinexys and is tokenizing bank deposits Then why did Fidelity launch a stablecoin Then why did blackrock launch a tokenized product which is tradable on Uniswap Then why is Ondo tokenizing stocks which can be utilized in defi Then why are central banks exploring blockchain, smart contracts and CBDCs ….i could go on and on and on, but the takeaway is that 1. ⁠the technology of blockchain and oracles and smart contracts is useful and is being used by tradfi to tokenize products 2. ⁠Stablecoins have achieved product market fit for payments. They have take over the “currency” part of cryptocurrency. The crypto who’s main purpose is payments or a currency is obsolete and will be forgotten

cryptolipto

No use case at all… Then why is the DTCC making a blockchain for tokenization Then why is Swift making a blockchain for cross border payments Then why did JP Morgan launch Kinexys and is tokenizing bank deposits Then why did Fidelity launch a stablecoin Then why did blackrock launch a tokenized product which is tradable on Uniswap Then why is Ondo tokenizing stocks which can be utilized in defi Then why are central banks exploring blockchain, smart contracts and CBDCs ….i could go on and on and on, but the takeaway is that: 1. ⁠the technology of blockchain and oracles and smart contracts is useful and is being used by tradfi to tokenize products 2. ⁠Stablecoins have achieved product market fit for payments. They have take over the “currency” part of cryptocurrency. The crypto who’s main purpose is payments or a currency is obsolete and will be forgotten

SteveW928

Tell your teacher that criminals (or I suppose losers) can use any kind of technology, just like people can use the same technology for good. But, if your teacher is worried over this, MANY more criminals use fiat money. For example, JP Morgan was the bank that primarily funded Epstein. If that is the argument, they'll have to stop using dollars, too. Most Bitcoin use isn't criminal. So, pretty much all the things these people do with it. I've used Bitcoin to buy the parts to build a CAD/3D/gaming PC. I've used Bitcoin to buy books. I've used Bitcoin to buy coffee and food. People use Bitcoin to store the results of their work, and protect against inflation. Some people use Bitcoin to escape brutal regimes with some of their wealth. Some people use Bitcoin to fund human rights campaigns and protests when the government tries to stop funding sources. Some people use Bitcoin to get aid into people under persecution. Some people use Bitcoin to quickly and cheaply send money to friends or relatives on the other side of the world. Ask your teacher what they do with money. That's what we do with Bitcoin.

Mothchewer

If you want an intellectually honest answer? No one, the ETF firm providers aren't banks, and tge ones like JP Morgan are just subsidiaries, so all of the Bitcoin Spot ETFs the answer is no one. They would be liquidated and whatever NAV is left would be in your brokerage as cash.

trillionSdollarstech

By chance I stumbled across this 1 year old report by the monetary authority of Hong Kong: [Distributed Ledger Technology in the Financial Sector: A Study on the Opportunities and Challenges](https://www.hkma.gov.hk/media/eng/doc/key-functions/banking-stability/DLT_Research_Paper.pdf). What is great in this report is that the blockchains that the finance industry uses are cited (unlike the press releases of these actors that always vaguely mention launching their product "on a blockchain") and the way they use them is detailed. Here is my inventory of the blockchains used by the banks and clearing agencies: * Ethereum: Standard Chartered Bank, Deutsche Bank, JP Morgan, UBS (+ BNY now known for developing on Ethereum) * Canton: Hong Kong stock exchange and its clearing agencies, DTCC (+ Euroclear, Nasdaq, London stock exchange, JP Morgan, BNY, Goldman Sachs, HSBC now known for developing on/with Canton) * Solana: 0 * Ripple: 0 * Avalanche: 0 * Hedera: 0 As the report focuses on the infrastructure, what you find in this list are banks and clearing agencies. Tokenized securities and stablecoins are another topic (rather retail applications than infrastructure). Regarding the DTCC (the most important of all) they make clear regularly that they will somehow **connect to several blockchains** ([last example](https://x.com/i/status/2021986356314927575)). _please comment if I forgot names_

cryptolipto

No use case at all… Then why is the DTCC making a blockchain for tokenization Then why is Swift making a blockchain for cross border payments Then why did JP Morgan launch Kinexys and is tokenizing bank deposits Then why did Fidelity launch a stablecoin Then why did blackrock launch a tokenized product which is tradable on Uniswap Then why is Ondo tokenizing stocks which can be utilized in defi Then why are central banks exploring blockchain, smart contracts and CBDCs ….i could go on and on and on, but the takeaway is that 1) the technology of blockchain and oracles and smart contracts is useful and is being used by tradfi to tokenize products 2) Stablecoins have achieved product market fit for payments. They have take over the “currency” part of cryptocurrency. The crypto who’s main purpose is payments or a currency is obsolete and will be forgotten

Unusual_Cranbery

JP Morgan was hating on Bitcoin for the longest but buying behind the scenes. The CCP is probably doing the same 💯 I'm not worried, I'm holding the only unhackable crypto in the world and seeing where it goes 💯

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

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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