JP

Evil_B2

When Blackrock, Fidelity, and JP Morgan are the buyers chances are the seller doesn’t know something they don’t

I_Stabbed_Jon_Snow

You haven't done much reading on this subject outside of XRP fluff pieces, have you? JP Morgan started a blockchain project in 2015, which became Quorum in 2016, which has now grown into Kinexys. Hundreds of member banks, each has their own full node, they’ve been using it to settle interbank payments for, literally, a decade now on top of many other projects: https://www.jpmorgan.com/kinexys/about

MinimalGravitas

Kudos, I echo your thoughts almost exactly. Current market prices don't in any way impact the fact that the biggest institutions are right now building the future of global financial infrastructure on Ethereum. Literally in just the last month we have seen new RWA tokenization projects from Blackrock (the biggest asset manager in the world), JP Morgan (the largest bank by market capitalization in the world) and Fidelity (the 3rd biggest asset manager in the world)... that's just in the last 30 days. Long term I have never been more confident in Ethereum's success. Adoption is happening, and the fact that most people haven't noticed is a gift to the future of those that do.

Illustrious-Boss9356

You know how many things that run on SHA256 can be switched easily without the need for consensus from many different conflicted parties? And ECDSA will be broken before SHA256, you know the thing that secures public/private keys? And your bank account, mortgage, etc. are all centralized. All that needs to happen is for me to prove to JP Morgan that I'm me. Cannot prove that I'm the owner of a certain BTC address if others know my private key. And how will a BIP deal w a dwindling security budget? These are real issues and I'm not suggesting there aren't solutions. I'm saying it's concerning that very few people are actually debating these issues, rather they're selling and moving on to other things. I didn't sell any BTC for almost a decade, now I'm selling regularly until the actual community around Bitcoin cares about Bitcoin the chain, rather than Bitcoin the number.

Onefunkybear

We just got more time to buy di$count SATS , " they will be back in greater numbers " : A major realistic downturn or systemic correction in AI stocks is projected to happen between late 2026 and mid-2027. [1] While individual software segments have already experienced soft periods, the broader market remains highly supported by massive capital expenditures. A sudden collapse is unlikely to happen overnight due to specific corporate spending commitments and multi-year infrastructure pipelines. [2, 3, 4] ## The Realistic Timeline Factors * Current Status (Mid-2026): Continued Boom The market is currently sustained by eye-popping financial commitments. "Hyperscalers" like Google, Amazon, Microsoft, and Meta have locked in $725 billion in capital expenditures for 2026, which directly fuels the record revenues of hardware providers like [Nvidia](https://finance.yahoo.com/markets/stocks/articles/prediction-nvidias-stock-price-end-065500179.html). This creates a temporary safety cushion. [2, 4, 5] * The Danger Zone (Late 2026 – Late 2027): The Revenue Reality Check Major financial institutions, including JP Morgan and Goldman Sachs, point to this window for a potential 30% to 50% tech sector drawdown. By late 2026, tech giants will have to report their fiscal year performances. If the hundreds of billions spent on data centers do not translate into an explosion of corporate software profits, investors will start demanding capital expenditure cuts. [1, 4, 6] * The Catalyst (2027 and Beyond): The Capex Peak Wall Street analysts estimate AI capital expenditures could peak above $1 trillion in 2027. The moment these massive buyers signal that their infrastructure is "fully built" and they are scaling back orders, chip and hardware stocks will experience a rapid valuation correction. [7, 8, 9] ## Structural Signs That a Fall Is Beginning Rather than trying to guess an exact date, institutional investors monitor these explicit, observable red flags: 1. Circular Revenue Slowdown: Watch if AI infrastructure companies start reporting that their primary clients (other tech companies) are struggling to pay for cloud services. [1, 10] 2. Gross Margin Compression: If chip supply catches up to demand or alternatives emerge, hardware leaders will lose their pricing power, shrinking their massive profit margins. [7, 11] 3. Enterprise Cancellations: Pay close attention to corporate earnings calls outside of tech (such as banking or healthcare). If these sectors report that their AI pilots are failing to deliver return on investment (ROI), they will cancel subscriptions. [1, 2] [1] [https://www.youtube.com](https://www.youtube.com/watch?v=IYXf6feOxXU) [2] [https://www.fidelity.com](https://www.fidelity.com/learning-center/trading-investing/ai-bubble) [3] [https://www.youtube.com](https://www.youtube.com/watch?v=sFG5oC_zdVc) [4] [https://finance.yahoo.com](https://finance.yahoo.com/sectors/technology/article/meta-microsoft-amazon-and-alphabet-are-about-to-spend-a-shocking-amount-of-money-to-dominate-the-ai-era-115359575.html) [5] [https://finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/prediction-nvidias-stock-price-end-065500179.html) [6] [https://finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/prediction-nvidias-stock-hit-300-142000642.html) [7] [https://www.cnbc.com](https://www.cnbc.com/2026/04/30/ai-boom-big-tech-capital-expenditures-now-seen-topping-1-trillion-in-2027-.html) [8] [https://marketwise.com](https://marketwise.com/investing/ai-bubble-stock-market-crash-redline-signal/) [9] [https://www.reddit.com](https://www.reddit.com/r/stocks/comments/1t8tgfg/the_market_seems_to_think_everyone_in_ai_will_be/) [10] [https://www.reddit.com](https://www.reddit.com/r/artificial/comments/1s1bnj0/is_ai_becoming_a_bubble_and_could_it_end_like_the/) [11] [https://finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/price-prediction-1400-2026-where-135613450.html) [12] [https://www.reddit.com](https://www.reddit.com/r/stocks/comments/1pu62c8/2026_strategy_double_down_on_ai_or_is_it_time_to/) [13] [https://www.bajajfinserv.in](https://www.bajajfinserv.in/7-rule-in-stocks)

2xfun

Banks control the world. JP Morgan is fighting this will all they got … tbh I don’t think we have a chance 

mercuryy

Then Bitcoin better hurry because some banks already did the legwork and have secured some of their components already. Deutsche Bundesbank/banque de France’s “Project Leap” established a quantum-safe VPN for test paymentsbundesbank.de, HSBC joined a Tokyo-London QKD network with Toshibahsbc.com, and JP Morgan Chase built a 100 Gbps quantum-secure network in Singaporeiotworldtoday.com.

thelonghand

A single man can’t manipulate Bitcoin’s price that much otherwise it would be useless. Adoption is higher than ever. 10 years ago when Bitcoin defenders were saying ordinary people would be using it for everyday transactions people called them delusional. When defenders said Bitcoin would maintain its independence outside the confines of the bug banks and government control people said it was delusional. Yet Bitcoin has proven the defenders right to this day. Your average Gen Xer probably uses Bitcoin more often than fiat these days, it’s managed to stay strong without being influenced by firms like JP Morgan or even worse the US govt. The experiment has proven to be a success and $1 million BTC by 2030 or 2035 at the latest is inevitable. All of us who have studied Bitcoin for thousands of hours know this to be true.

Good_Roll

JP Morgan is a shitty crypto platform now? Maybe, but not in the way that you intended that statement to be read.

JustStopppingBye

For who? Swift, JP Morgan, Citibank and HSBC, all created their own chains.

Oheson

It is crypto winter. Occurs every 4 years like clockwork. Study Bitcoin to understand why it occurs. Gold is manipulated by JP Morgan and other banks.

JustStopppingBye

[chainlink](https://www.reddit.com/r/ethereum/s/xHH4YMdBhu)again, blockchains can’t speak to other blocks chains. Canton is not the “canonical unified ledger” lmao. Everything you spewed is just crypto twitter nonsense. Canton is 100% just another L1 but it’s just backed by lots of banks. The DTCC will settle on their own chain, which is why they built their own chain. Also JP Morgan built their own chain called Kinexys (who successfully tested [chainlink](https://blog.chain.link/cre-dvp-kinexys-jp-morgan-ondo-finance/)).

The_Minimum

Are you just rage baiting at this point? Besu is not the canonical unified ledger. Besu allows them to connect to anyone who is or wants to use ETH. The big players are not using ETH for any of this. Goldman, JP Morgan, Broadridge, etc have all built subnets on Canton and built their own tokens. Even Besu would have to synchronize on Canton.

Mix_Right

The billionaires share holders at Blackrock, JP Morgan Ectra need liquidity to prop up the stock market so they are selling the BTC along with high frequency trades from Jane Street. Hopefully the entire system collapses. Bitcoin will rise like a phoenix from the ashes.

AdFast1121

Remember when JP Morgan was convicted of silver spoofing?

retireontop

BlackRock is not selling. Their customers are. This is meaningless. If BlackRock recommends to their customers to sell or buy, that is meaningful. Aside from this, outflow is meaningless. The price tells the story. I saw Mark Cuban the other day saying he got rid of almost all of his Bitcoin holdings. This guy has proven himself to be an opportunist. He saw what JP Morgan did and he's doing the same thing. Talk bad about it to help drive the price down, while buying at discounted prices behind the scenes. We should all hope that prices go down. Surf the wave of high profile FUDders. DCA more at lower prices. If you need this money in the next 3 years, you shouldn't be buying BTC now, unless you're treating it like roulette. If you don't need the money soon, keep on keeping on.

LavishlyRitzyy

If JP Morgan is against something, its usually a good thing

leyndv

lol hes just doing this all for show. Imagine a world where everyone with serious influence wants this passed. at the start of april he was advocating for it to be passed, now he hates it? yeah ok. JP morgan runs nothing hes a puppet for those who are more powerful than him. Central banks. And they WANT this to pass for CBDS and issuance of a new monetary system. Trust me all this talk about yields and bank deposits being a worry is just a distraction lol

LargeSnorlax

JPM actually *loves* blockchain, same with Jamie. Did you know [JPM Coin has existed for years](https://www.jpmorgan.com/kinexys/jpm-coin) and has onrailed over $3 trillion in transactions? Jamie Dimon absolutely salivates at more CBDCs becoming available because that means he doesn't even have to keep your dirty cash around any more. He can keep all your cash deposits and give you JP Morgan coin, pay you a pittance for your IOUs, and make absolute bank on your money. He hates the clarity act specifically because Crypto businesses want to eat into his business of shaving off your money to enrich himself, which is what banks do. Stablecoin rails and "official" yield producing businesses are basically reaching into Dimon's pleated pockets and rifling through his wallet.

jekpopulous2

While I partially agree with this… you seem to be overlooking security - which is IMO the greatest benefit to a trustless / decentralized system. If you’re using HYPE (for example) you just have to trust that their chain is safe because they don’t publish the code for their order books, oracles, or consensus mechanism. They don’t disclose how many people are on the multi-sig that can emergency freeze the chain or who even has the keys to it. If you’re a retail trader playing with house money that may not matter much… you’re getting fast, cheap trades without much friction. If you’re a market maker risking billions of dollars by putting it on-chain that matters a lot though. That’s why even despite bearish narratives the majority of capital is still deployed on ETH. JP Morgan isn’t going to deploy hundreds of billions in RWAs onto a chain controlled by a handful of competitors with a multi-sig. The entire industry is currently walking a fine line between trust and greed. You might be right that the core ethos of DLTs has been abandoned… but if that’s the case the whole industry is cooked anyway. We just end up with 20 different chains with 24/7 stock trading and the exact same predatory middle-men taking a cut. This is what Ethereum is saying no to. I don’t have a crystal ball to see how this all plays out but what EF is doing is commendable.

Skepsis93

It's not like traditional finance doesn't consistently get caught laundering money for criminals too. Looking at you JP Morgan regarding Epstein's finances.

choicehunter

To be clear up front I only buy Bitcoin. So This is not me defending or promoting other cryptos. I think a big misunderstanding that some people have is that while there are blockchain projects that try to be currency, not all of them are functioning that way and many try to be more of a kind of technology that is not just currency. That is exactly what this JP Morgan analysis finds and supports because a lot of them are a different kind of technology and not just currency. But all Blockchain projects are collectively called "cryptocurrency" anyway. On the other hand, Bitcoin wins because it is the apex currency that isn't trying to be something else (at least not on the base layer main chain. That's one of the reasons we see this big difference.

GrokM14232

the deposit-substitution thesis is the right frame and it's been the driving concern for banks since the Diem/Libra fight in 2019. core fact: US commercial banks earn ~$200B/year in net interest income from the spread between deposit rates and treasury yields, and stablecoins that pay even partial yield collapse that spread. the CLARITY restrictions on stablecoin yield are the bank lobby's primary protection against that collapse. the unresolved question is whether circle/tether-style non-yielding stablecoins can sustain market share once interest-bearing alternatives exist offshore (eurodollar stablecoins, JP yen stablecoins). banks are right to be worried, but the regulatory walls they've built are thinner than they look

Scared-Metal9294

Do you think general interest has faded due to the crazy “parabolic” moves we’re seeing in AI and especially semiconductors? I mean for example, Sandisk is up like 3500% in a year. I feel like a lot of liquidity is being dumped into these sectors and out of crypto. Also, all the institutional buying and adoption by banks (Schwab, JP Morgan, Morgan Stanley, etc) I would think should be causing demand, however it seems the opposite.

vekypula

Thorchain has been hacked six times in five years, and not once the same way. Each one through a different layer of the architecture. 2021 - Smart contract bug in the ETH Router. Attackers tricked Bifrost into reading manipulated msg.value events. ~$15.5M across three exploits. 2022 - Validator software bug. Non-deterministic behavior across nodes triggered a 20-hour outage. 2023 - TSS keygen vulnerability. Devs admitted a malicious validator could have drained vaults during a prior key generation. Network halted preemptively. 2025 (Jan) - Economic design failure. THORFi's lending model required RUNE to keep outperforming BTC/ETH. It didn't. $200M trapped. 2025 (Sep) - Social engineering. DPRK ran a Telegram deepfake on co-founder JP, extracted his MetaMask keys from iCloud Keychain. $1.35M lost. 2026 - TSS cryptography flaw. A malicious validator exploited the GG20 implementation, leaked key material across signing sessions, reconstructed the vault key. $10.7M drained. Plus: ~$605M of Bybit/Lazarus stolen funds laundered through in 2025. Validators voted to block, reversed under "code is law" pressure. Six distinct vectors: smart contract code, validator software, TSS keygen, economic design, social engineering, TSS cryptography. ~$227M directly lost or trapped. The architecture keeps finding new ways to fail.

DeepPeeps

We have at least 2 years with JP still sitting as governor will continue to be able to influence decisions.

Spare-Dingo-531

Giving JP Morgan's track record in crypto, this is bullish for ethereum.

heyheyshinyCRH

You're almost there on a lot of points, not quite though. What do you mean Wall Street is capitulating? Fucking stocks are at an all-time high so you should look up the definition of that word. It's not different from any other commodity, that was my whole point. Yeah JP Morgan Chase is guilty of precious metal market manipulation and now they're going to do it to Bitcoin like I literally just said. Bitcoin can absolutely be controlled, it requires the ability to connect to various platforms and those accesses could be theoretically taken away. You would need a way to offload for cash, those avenues could be taken away. You're still living under this notion that crypto is for the people or whatever, those days are gone. Also the whole supply and demand concept is absolutely moot for Bitcoin, it's an infinitely divisible asset so it doesn't matter if there's only 21 million of them. It's like saying there's only so many gallons of water in a swimming pool but it's being sold by droplets, literally means nothing. Yes, big banks can short it forever because they are invincible and are catered to by the people with the most power. The only skin in the game that they'll have is offering up as a product to customers, they don't give two shits what the price is or what you're irrelevant sentiment is, they just collect fees.

ShittingOutPosts

So, they can manipulate the price? Ok, and how is that different than literally any other commodity or investment vehicle like you said? You do realize JP Morgan was proven guilty of manipulating the precious metals market. But to control Bitcoin? Nobody can. Even governments. You clearly don’t understand what it means to control Bitcoin and therefore miss the literal whole point of why it even exists. Oh and don’t forget that unlike any other commodity or equity on Earth, Bitcoin has an absolutely finite supply. They can’t short it forever, and once they have skin in the game (e.g., banks acting as custodians, offering BTC-backed products, etc…all of which are currently happening), they won’t want to. The incentive structure of BTC is a thing of beauty.

OrcOgi

Blackrock and JP milking sheep through ETF fees. Nothing mord, nothing less.

Pyryn

Blackrock and JP Morgan are in agreement with you. Oh wait...

CryptoGuy89

Idk about that... JP Morgan said a month ago it would be very bullish if Clairty Act passes. Imo all those big players will evolve. For banks and enterprises Clarity Act is more like setting traffic lights into exiting road, which was set by the GENIUS Act. All of them will just switch to AI powered autonomous finance solution for workflows. Rumor is that BlackRock and JPMorgan are already using w3 on Avalanche.

shleebs

Anything is valuable because people want it, that isn't unique to Bitcoin. People will continue to want Bitcoin not only because of it's scarcity, but for the following reasons 1. Bitcoin can be transferred without permission from third parties, across borders and with final settlement from 30-60 minutes no matter how much you are sending. Sending millions or even billions of dollars across the world without Bitcoin requires much longer final settlement times, and requires permission. Simply having a bank account requires permission and there are BILLIONS of people without fair access to the banking system. 2. Bitcoin can be carried with you anywhere by memorizing 12 words in your head. This is important for people leaving dictatorships or hostile governments who are searched or questioned. There are many examples (lookup Alex Galdstein) of refugees using Bitcoin to carry their money out of war zones, e.g. Ukraine and Afghanistan. 3. Bitcoin's network is the largest decentralized and distributed network on the planet with an *almost* 100% uptime. It's the most reliable network ever invented. The number of Bitcoin nodes is well over 20,000 and that number is going up, not down. More nodes means more interest in Bitcoin. 4. Bitcoin development is ramping up, not down. There are more commits being made to the Bitcoin Core project on average than there were before. More developer interest means more interest in Bitcoin. Most of these changes are being made to the maintenance and infrastructure of the project, not the underlying fundamentals, which is a good thing. 5. 2nd layer solutions like the lightning network and state chains provide fast and liquid transactions for smaller amounts, which is similar to the credit card and payment app networks for fiat currency. These 2nd layer solutions, like Bitcoin itself, are extremely young and are just now becoming viable. They will continue to get better over time with Bitcoin acting as the settlement layer, which is a faster final settlement layer than the current banking system. The big difference between buying something online with USD vs one of these 2nd layers is permission and reliance on the banking system. 6. Large and regulated institutions like Fidelity, Black Rock, JP Morgan, Grayscale, Block, Tesla and others are either invested in Bitcoin or offering Bitcoin related services. Some of them are also releasing reports detailing why Bitcoin is not going away and why it is valuable. 7. Famous investors like Paul Tudor Jones, among others, have publicly shared their opinions about Bitcoin being a valuable hedge against irresponsible government behavior. This sentiment is growing, not shrinking. You would know this stuff if you did your research, but from reading your posts, you don't seem to understand the difference between final settlement and 2nd layer payment systems, and you conflate the two. If you refuse to understand something, nothing can convince you otherwise.

KrombopulosThe2nd

Currently there are (at least) two major (centralized) financial systems - potentially more depending on how deep and complicated you want to get... But 1. SWIFT - This is essentially the "Dollar" based system, operated by a group of the primary banks across most countries (e.g. JP Morgan, Bank of China, Deutsche Bank), overseen by the Central Banks (e.g. Rothchilds, Epstein Class) - controlled most heavily by the current Hegemon (United States) 2. CIPS - Chinese RMB based system built as an alternative to SWIFT Decentralized finance (e.g. Crypto currency) was meant to be a seperate option from the above and not rely on either of those payment systems or any major bank for transactions. That is increasingly not the case but still remains the ideal that it was designed for in the beginning.

csfrayer

Thank you. We were genuinely trying to do what was best for investors and the markets. Further - I don't know how any legitimate business would look at the securities laws that have made the US literally \*uncontested\* as the world's financial powerhouse and then fight against them. Strong regulation makes strong markets. Crypto CEOs sound literally IDENTICAL in their opposition to regulation as the exchange CEOs did in response to the 1934 Securities Exchange Act. Seriously, you can read tons of these letters on the SEC Historical Society site. It includes arguments against breaking up the functions of market intermediaries. [https://www.sechistorical.org/collection/papers/1930/1934\_0214\_ExchangeWhitneyT.pdf](https://www.sechistorical.org/collection/papers/1930/1934_0214_ExchangeWhitneyT.pdf) SBF got compared to JP Morgan but he was always the Richard Whitney of crypto. Whitney was CEO of NYSE from 1930 to 1935 and vehemently fought against securities regulation. He went to prison for massive fraud in 1938. He won't be the last but tons of retail crypto will lose money in the meantime. Sorry for rant.

BuddahFi

Bitcoin is money without the "middleman". JP Morgan is the middleman.

MCL-Jonathan

Scary(if you’re a 🐻)looking at funding rate chart, just need one piece of good news to rekt all the 🐻 - cease fire tweet on Trump’s truth social - clarity can have announcement next week - Dovish April FOMC - JP departure in May Just any of these will immediately rekt the 🐻 DCA and survive this bear cycle! [Bitcoin Bear Market DCA Playbook](https://youtu.be/JXvr49ECTuo)

314_999

JP MORGANmotherfuckingCHASE hear, hear. So your "research team"...."our team". From the "JP MORGANmotherfuckingCHASE" - University? At least give credits in your "flyer" for the dudes @ Cornell man.

Rshellnizzle

You’re wealthy but you don’t know about JP Morgan…I think not!!

Rshellnizzle

JP Morgan is the largest bank in the US and the world’s largest by market cap…😂😂😂….wtf how do you not know this!!

Spiritual-Bar-5147

Many (the majority believes that the bottom is not in yet, sentiment is shit and alot of people have bottom targets at 40-50k) which could be why (if*) they really are shorting right now, but they are also actively positioning themselves in the crypto market and have jumped into the ETF game after seeing the record breaking etfs blackrock (who by the way has more money under management than JP morgan) has done since 2024.... mind you, ALL of these people/companies were calling crypto a scam years ago while they are now positioning an enormous amount of capital in, and are holding up the clarity act because they don't like that they (the banks) are and have been paying 0.25% interest on YOUR savings accounts for decades and now you can go onto to any known exchange and receive 3.5-4.5% (might not sound like a lot but it's 14 TIMES what you and our parents have been getting and been ok with while they take your money and go make 10% off of and interogate you if and when you want to take YOUR own money out of their establishment).... why would they be worried (and heavily positioned) if they still thought it was scam.... answer: they never did, they were threatened by it and there wasn't legislation (hence:the clarity act) that allowed them to fully go all in) they just didn't want regular people buying this new asset when they didn't have full access to it yet, now they do and there all the biggest holders of what they have been brainwashing people since its inception as "fake money".... study money for 30 minutes and you'll see the paper dollars you've been raised to work for and save are "fake" by design and depreciate time and time again, and are printed year after year out of thin air (inflation) to make the rich get richer and the poor get poorer.... fast forward to now and all of a sudden every big money management firm and bank is "recommending you have 1-10% of your investment portfolio in crypto... still sound like a scam???

DarkShark0990

Who is JP Morgan.

2poor2die

Ye bro, JP Morgan and all those big ass institutions are buying drugs with all the money...

FirstDavid

I hate it. It’s just becoming a stock’s holding. It’s just a strategy now not a disruptive technology. Might as well be JP Morgan and Blackrock

gta0012

This is typical crypto bull shit that wannabe influencers peddle. With crypto, outside Bitcoin especially, it's really hard to prove you're an "expert". So "success" in crypto just ends up being viewed as who bought early enough to make money. The biggest negative of the space is that it's become a casino. Everyone's trying to gamble and make as much money as quickly as possible. Once you get outside of those In the circle that believe in Bitcoin as a monetary solution for the future etc. You run into people who are here to gamble. And to them the "experts" made money and the easiest way to make money was just to buy early. People aren't looking for someone with a resume that says JP JPMorgan, Wharton degree or an ivy League financial degree or something like that. People give way too much credit to someone who bought woo woo kitty coin early and made $5,000, as if it's some sort skill.

Moist-Pumpkin-5336

They make more profit than JP Morgan with only around 50 full time employees (JPM has more than 300k employees). That's how.

LordJamPunt

JP Morgan paid a fine in 2020 for manipulating the price of gold https://www.cftc.gov/PressRoom/PressReleases/8260-20

umaywellsaythat

I mean almost all peoplein society have thought the same as your super smart futurist friend the whole time.... Only a very small section of society sees altcoins as anything other than a vehicle for gambling and fraud. It's not like JP Morgan is going to suddenly choose to use a rando altcoin and all the holders suddenly hit the jackpot....

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.