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JPMorgan Adds New Stocks to Its October Favorites List

JPMorgan has added new names to its October list of favorite stock ideas, including American Express, Liberty Energy and Thermo Fisher Scientific. Each carries an overweight rating from the bank’s analysts. The refresh lands after a split September on Wall Street. The Dow Jones Industrial Average lost 4.3%, the S&P 500 slipped 0.5%, and the…

Community Bankers Sue OCC Over Crypto Firms’ National Trust Charters

The Independent Community Bankers of America (ICBA) has sued the Office of the Comptroller of the Currency (OCC). The October 2 complaint alleges the OCC lacks the power to charter non-fiduciary crypto firms as national trust banks. The lawsuit was filed in federal court in Washington, D.C. It also names Comptroller Jonathan Gould in his…

Jamie Dimon Says the Dollar Only Stays Dominant if the US Makes Trade Deals

Jamie Dimon says the dollar's dominance depends on US trade deals with allies, tying reserve status to economic strength. The post Jamie Dimon Says the Dollar Only Stays Dominant if the US Makes Trade Deals appeared first on BeInCrypto.

JPMorgan Reveals the Critical Price Level for Bitcoin Miners

JPMorgan's Bitcoin production cost estimate of $85,000 could ease miner selling. On-chain data shows why relief is fragile. The post JPMorgan Reveals the Critical Price Level for Bitcoin Miners appeared first on BeInCrypto.

Citi Just Gave Stablecoins a Corporate Checkout Lane

Citi taps Coinbase so big companies can take stablecoin payments, weeks after the yield fight stalled the Clarity Act. The post Citi Just Gave Stablecoins a Corporate Checkout Lane appeared first on BeInCrypto.

Why Is Quant (QNT) Up 322%? JPMorgan, Citi and Barclays Have the Answer

Quant surged 322% to reach $257.69 following major announcements connecting its software to bank-driven tokenized deposit networks in the United States and the United Kingdom.

Why Is Tether Bringing USDT Back to Bitcoin Now? Morgan Stanley Offers a Clue

Tether is bringing USDT back to the Bitcoin network using the RGB protocol and Lightning Network, a move fueled by infrastructure development from Utexo and potential interest from banking giant Morgan Stanley.

Britain’s Bank Lobby Kicks Out Coinbase: Are Lenders Shutting Crypto Out?

Cryptocurrency exchange Coinbase has been removed from UK Finance, the prominent advocacy group representing Britain's banking sector, following a review of its eligibility criteria.
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