Jamie Dimon

JPMorgan Report: Crypto Could One Day Help Diversify Portfolios

2 weeks ago admin2 0
Cryptocurrencies could one day help investors diversify their equity and bond portfolios, analysts for JPMorgan Chase wrote in a new, 71-page research report focused on the tech. The report, entitled “Decrypting Cryptocurrencies: Technology, Applications and Challenges” and dated Feb. 9, was drafted by the bank’s Global Research unit. A copy obtained by CoinDesk explores a Read More

JP Morgan’s Jamie Dimon Regrets his ”Bitcoin is a Fraud” Statement

2 months ago admin2 Comments Off on JP Morgan’s Jamie Dimon Regrets his ”Bitcoin is a Fraud” Statement
Featured Jamie Dimon, chair of JP Morgan Chase, was once again asked about his thoughts on bitcoin. In a wide-ranging interview on FOX Business, Mr. Dimon was given a few of his notable quotes back to him, and asked to assess his present feelings. It appears he’s softened a little on the the world’s most Read More

Prominent Investor: Why Jamie Dimon Insisted on Calling Bitcoin a Fraud

2 months ago admin2 Comments Off on Prominent Investor: Why Jamie Dimon Insisted on Calling Bitcoin a Fraud
Image credit: Forex, Wikimedia Common Over the last year, Jamie Dimon, CEO of JPMorgan, the largest bank in the global finance sector with a market valuation of over $367 billion, has publicly expressed his opposition to bitcoin, falsely describing the cryptocurrency as a fraud and a money laundering tool. Ari Paul, the co-founder at Blocktower Read More

Take That, Jamie! Surging Bitcoin Price Propels Crypto Market Cap Ahead of JPMorgan

3 months ago admin2 Comments Off on Take That, Jamie! Surging Bitcoin Price Propels Crypto Market Cap Ahead of JPMorgan
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Another day, another $1,000 — that’s been the story of the bitcoin price over the course of the past week. Once viewed as historic milestones, bitcoin has begun to knock down the thousand-dollar markers in quick succession, rendering them much less exciting Read More

Bitcoin Bubble Is ‘OK,’ Will Come Back Stronger, NEO Tells Media

3 months ago admin2 Comments Off on Bitcoin Bubble Is ‘OK,’ Will Come Back Stronger, NEO Tells Media
Chinese platform NEO’s founder Da Hongfei has said a Bitcoin bubble is “OK” and will come back stronger if it bursts. Speaking in a televised interview on CNBC, Hongfei explained that the overlapping wave of enthusiasm in both Bitcoin and Blockchain was not necessarily a problem. “I would say that there is a bubble in Read More

Change of Sentiment Coming For Bitcoin as Bankers Continue Their FUD

3 months ago admin2 Comments Off on Change of Sentiment Coming For Bitcoin as Bankers Continue Their FUD
As a wave of good sentiment washes over the perception of Bitcoin, naysayers still abound – banking establishment. The latest ramblings from a banking head came at a conference this week in China., Bank of France Governor Francois Villeroy de Galhau reacted to the market volatility after Bitcoin hit the $11,000 milestone: “We need to Read More

JP Morgan Strategist Says Regulated Futures Markets Give Bitcoin Legitimacy

3 months ago admin2 Comments Off on JP Morgan Strategist Says Regulated Futures Markets Give Bitcoin Legitimacy
Given the strong views of JP Morgan CEO Jamie Dimon on Bitcoin, it is ironic that a global markets strategist at JP Morgan has come out with a note saying that regulated futures could give legitimacy to Bitcoin Seal of approval The decision of US regulators to allow Bitcoin futures to trade on the Chicago Mercantile Exchange Read More

Goldman Sachs CEO Open to Considering Bitcoin Trading Once Currency Becomes Established

3 months ago admin2 Comments Off on Goldman Sachs CEO Open to Considering Bitcoin Trading Once Currency Becomes Established
Goldman Sachs’ CEO Lloyd Blankfein has been one of the most open-minded Wall Street CEOs on Bitcoin. He isn’t a Bitcoin bull like Michael Novogratz; but neither has he derided the currency as has JP Morgan Chase CEO Jamie Dimon. In fact, Blankfein has even pointed out that people distrusted paper currency when it was Read More

Just More FUD: Citadel CEO Wary of Bitcoin Bubble

3 months ago admin2 Comments Off on Just More FUD: Citadel CEO Wary of Bitcoin Bubble
With the $11,000 milestone newly etched onto its belt, Bitcoin continues its rise in value while a chorus of voices sings contrasting melodies. For some, the Bitcoin price surge over the past two weeks has been nothing short of miraculous, vindicating “outlandish” predictions made months ago. The more-wary pundits are staying at an arm’s length, Read More

Roger Ver Has a New Bet To the World

3 months ago admin2 Comments Off on Roger Ver Has a New Bet To the World
On Nov. 30, back in 2011, Roger Ver made a bet to the world, that Bitcoin is going to outperform gold, silver and the dollar by 100 times. This Nov. 30 is going to be the sixth anniversary of his bet, and Ver is set to make another bet to the world – this time Read More