#jpmorgan chase

Analysts from JPMorgan Chase, a major U.S. banking conglomerate, predict that Ethereum could potentially surpass Bitcoin by 2024. They attribute this potential shift to the anticipated EIP-4844 update, which is poised to significantly boost Ethereum's network efficiency and reduce transaction fees.

“I've always been deeply opposed to bitcoin, crypto, etc.,” JPMorgan Chase CEO Jamie Dimon told senators in a hearing examining the U.S. banking industry. He even expressed a desire to ban cryptocurrencies if he had the authority.