Bank of America Recommends 1-4% Crypto Portfolio Allocation
Bank of America recommends clients allocate up to 4% in cryptocurrency following Bitcoin’s recovery to $90,000 after November volatility.
Get the latest news on JPMorgan, including crypto initiatives, blockchain research, market forecasts, and institutional finance trends. Explore how one of the world’s largest banks is engaging with digital assets and fintech.
Bank of America recommends clients allocate up to 4% in cryptocurrency following Bitcoin’s recovery to $90,000 after November volatility.
JPMorgan Chase debuts its blockchain deposit token on Base, Coinbase’s Ethereum layer-2 network, enabling 24/7 institutional payments in seconds.
Singapore’s DBS Bank partners with JPMorgan’s Kinexys to enable instant interbank transfers of tokenized deposits across blockchains, reducing settlement times from days to seconds.
JPMorgan Chase disclosed a 64% surge in its BlackRock Bitcoin ETF holdings to 5.28 million shares worth $343 million, marking a dramatic reversal from CEO Jamie Dimon’s previous anti-crypto stance.
JPMorgan projects Bitcoin could reach $170,000 within 12 months, driven by favorable volatility metrics versus gold and stabilizing futures markets post-October liquidations.
JPMorgan Chase has tokenized a private-equity fund on its Kinexys blockchain platform, completing the first live transaction for its private banking clients.
JPMorgan plans to launch a new program by year-end that will allow institutional clients to use Bitcoin and Ether as loan collateral.
State Street Corporation launched on JPMorgan’s Digital Debt Service as the first third-party custodian, enabling blockchain-based custody for tokenized debt securities with automated settlement and lifecycle management.
Coinbase has partnered with JPMorgan Chase to provide integrated credit card services and allow Chase customers to convert rewards points to cryptocurrency starting in fall 2025.
Tyler Winklevoss claims JPMorgan paused Gemini’s re-onboarding process in response to his public criticism of the bank’s new data policy.
Inflation and tariffs dominate 2025 market concerns, with 51% of JPMorgan’s institutional clients citing them as key risks, up from 27% in 2024.
JPMorgan analysts have identified two major factors behind the dwindling demand for Bitcoin and Ethereum futures.
US lawmakers are pushing for new stablecoin regulations that might impact Tether’s operations in the market.
The majority of institutional investors plans to steer clear of crypto this year.
Bitcoin’s volatility should decrease over the long term as institutions deepen their involvement, Citi pointed out.