{"id":26123,"date":"2024-02-12T08:11:07","date_gmt":"2024-02-12T08:11:07","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/blockchain-confidence-dips-among-traders-jpmorgan-survey\/"},"modified":"2024-02-12T08:11:07","modified_gmt":"2024-02-12T08:11:07","slug":"blockchain-confidence-dips-among-traders-jpmorgan-survey","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/blockchain-confidence-dips-among-traders-jpmorgan-survey\/","title":{"rendered":"Blockchain Confidence Dips Among Traders? JPMorgan Survey"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>The enthusiasm for blockchain among institutional traders seems to be waning, as evidenced by a <a href=\"https:\/\/www.jpmorgan.com\/markets\/etrading-trends\">JPMorgan survey<\/a>. The study, which gathered insights from over 4,000 traders, found that just 7% view blockchain as a viable asset for the next three years. This is a stark decline from the 25% who held this view in 2022, showing a rapid loss of faith in blockchain\u2019s potential.<\/p>\n<p>Despite this downturn, blockchain still ranks third in potential technology prospects, behind API integration and the leader, artificial intelligence\/machine learning, which captivated 61% of respondents. This suggests that while confidence in blockchain has dipped, the technology remains an area of interest among a range of emerging tech options.<\/p>\n<p>The survey also shed light on institutional traders\u2019 attitudes towards cryptocurrency. A significant 78% of those surveyed have no intention of engaging with digital currencies. However, a small portion, 9%, are already active in crypto trading, indicating a niche but real interest. Moreover, 12% are considering venturing into the crypto space within the next half-decade, hinting at a cautious but growing curiosity.<\/p>\n<p>The results of the JPMorgan survey indicating a decline in blockchain confidence among institutional traders come as quite a surprise, especially in light of recent developments in the cryptocurrency space. The <a href=\"https:\/\/igaming.org\/crypto\/u-s-markets-to-see-spot-bitcoin-etfs-after-sec-approval\/\">launch<\/a> of Bitcoin ETFs (Exchange-Traded Funds), for example, has been met with considerable success in its initial month. This development was anticipated to bolster institutional confidence in blockchain and crypto assets, offering a regulated and more traditional investment vehicle to gain exposure to Bitcoin.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/blockchain-confidence-dips-among-traders-jpmorgan-survey\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) The enthusiasm for blockchain among institutional traders seems to be waning, as evidenced by a JPMorgan survey. The study, which gathered insights from over 4,000 traders, found that just 7% view blockchain as a viable asset for the next three years. This is a stark decline [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":26124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26123"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=26123"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/26124"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=26123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=26123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=26123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}