344
131 shares, 344 points

JPMorgan Chase , the world’s largest bank by market capitalization , was able to post unfavorable comments about the cryptocurrency industry until recently. In particular, Jamie Dimon, the CEO of the bank, expressed that he thought cryptocurrencies are worthless and received a reaction . However, the bank continues to publish its ideas and assessments about the cryptocurrency industry.

JPMorgan, in its latest report, is the subject of discussion among crypto money investors, ‘ Bitcoin or Ethereum? ‘ offered an idea that could answer the question. According to the report, Ethereum may be a better choice for investors than Bitcoin. While Ethereum gained more than 500% in 2021, the increase in Bitcoin is around 96%.

Ethereum’s technologies are trusted:

In addition, JPMorgan has a different perspective on why Ethereum is still an option. He also offered ideas. The bank drew attention to the benefits offered by the technology underlying Ethereum . Ethereum is already taking the lead in the decentralized finance (DeFi) industry today, as well as NFTs. JPMorgan also stated that Ethereum is more resistant to higher real returns than Bitcoin.

Ethereum in the focus of investors:

On the other hand, a survey by Investing in the UK showed that 52% of investors plan to invest in Ethereum. Jesse Cohen from Investing stated that many expect the price of ETH to double in 2022 . On the other hand, he stated that Bitcoin does not seem to be slowing down, and that the rate of acceptance in the mainstream is likely to gain more momentum in the next year.

  • This content is not investment advice.

Like it? Share with your friends!

344
131 shares, 344 points

What's Your Reaction?

hate hate
245
hate
confused confused
981
confused
fail fail
613
fail
fun fun
490
fun
geeky geeky
368
geeky
love love
1226
love
lol lol
122
lol
omg omg
981
omg
win win
613
win
Michael Lewis

Emperor

0 Comments

Your email address will not be published. Required fields are marked *

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format