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JPMorgan Chase has become the first major United States bank to give its retail customers a direct route into cryptocurrencies, unveiling a strategic tie‑up with exchange Coinbase that will let Chase credit‑card holders buy digital assets and convert reward points into the USD Coin (USDC) stablecoin. The phased roll‑out, announced on 30 July, will also introduce a secure bank‑to‑wallet link for the group’s 80 million account‑holders, signalling a decisive shift by the country’s biggest lender towards mainstream adoption of crypto. Under the agreement, customers will receive $1 of USDC for every 100 Ultimate Rewards points transferred and will be able to fund their Coinbase accounts with Chase cards before the end of the year. We're partnering with @Chase to accelerate crypto adoption. Coming soon: → Use Chase credit cards on Coinbase → Redeem rewards points for USDC → Directly link Chase accounts to Coinbase Bridging tradfi to crypto. pic.twitter.com/ObxIaMWI3J ...

The first few months of 205 have been something of a mixed bag for the cryptocurrency market. Although prices have been stagnant, developments in regulation and mainstream adoption have been undeniable. This has led Chainlink to jump 30%, as its JPMorgan collaboration could soon see LINK skyrocket. Earlier this week, JPMorgan ventured outside of the walled garden, completing its first tokenized security transaction on a public blockchain. Chainlink was a key part of that process. Moreover, they are situating themselves to be a critical part of the tokenization industry as a whole. Subsequently, LINK may be positioned to benefit. Source: JPMorgan Also Read: Chainlink Rallies 17% in Two Weeks: Can LINK Hit $17 Next? Chainlink Could Get Rub From JPMorgan Partnership as LINK Could Soar At the start of the year, Bank of America CEO Brian Moynihan confirmed that the bank is poised to introduce its very own stablecoin. That appears to be a sign of an emerging trend this year. Indeed, traditio...

In what is a landmark development for the industry and the bank, JPMorgan has officially settled its public transaction of tokenized treasuries. Indeed, the financial institution went beyond the “walled garden” of its own blockchain technology in a landmark settlement, according to a Fortune report. On Wednesday, the bank announced that it had settled the public ledger transaction with the help of crypto companies Chainlink and Ondo Finance. It represents a landmark shift for the $4 trillion asset manager that has long explored the possibilities of the technology. Moreover, it could represent a sign of a greater embrace of blockchain cooperation. JUST IN: $4 trillion asset manager JPMorgan Chase settles first public transaction of tokenized treasuries. — Watcher.Guru (@WatcherGuru) May 14, 2025 Also Read: JPMorgan: XRP, SOL ETFs Could See $14B Inflows in 1st Year JPMorgan Takes Major Step As It Settles First Transaction on Public Blockchain For much of the year so far, crypt...

JPMorgan and Goldman Sachs have raised the odds of a recession in the US, the former citing Donald Trump’s “extreme” policies as the crypto and stock market crash. The capitalization of the digital asset market plummeted over 3% in the last 24 hours, with Bitcoin briefly tumbling below $80K. Meanwhile, the US stock market shed more than $1.7 trillion in value after President Donald Trump declined to rule out the possibility of a recession this year. JPMorgan Raises Recession Odds To 40% As Trump keeps the possibility of a recession this year open, economists at JPMorgan have increased the odds of a recession to 40%, from 30% previously. “We see a material risk that the US falls into recession this year owing to extreme US policies,” the analysts said. Goldman Sachs analysts are also bearish, raising their probability of a recession in the next 12 months to 20% from 15% previously. The analysts warned that the odds of a recession will likely conti...

BlackRock officially named JPMorgan as an authorized participant for its pending Spot Bitcoin ETF. Upon any approval by the SEC, JPMorgan Securities and Jane Street Capital will be among the first financial firms to begin working with Bitcoin shares for investments. JUST IN: BlackRock names JPMorgan as an authorized participant for its Spot #Bitcoin ETF. — Watcher.Guru (@WatcherGuru) December 29, 2023 Also Read: Chainlink: Pink Drainer’s $4.4M Crypto Raid Sparks Industry Alarm In the latest amendment to its S-1, BlackRock brought itself to the starting gates for the Spot Bitcoin ETF race. Investors have long pursued a spot BTC ETF in the US. The Securities and Exchange Commission, fortunately, is expected to approve the first one as soon as January 2024. The SEC has long pushed back its decision on Bitcoin ETF approval in the US, citing multiple concerns. However, US courts have put pressure on the regulator to make a decision, raising the hype around...