Jamie Dimon Slams Bitcoin as "Dirty" and "Expensive"

2022-10-14 22:54

Citing Voltaire, the JPMorgan boss says that he will never buy cryptocurrencies

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Bitcoin price will ‘take a while to get back’ to $69K, Binance boss CZ says

Bitcoin continues to hover around $20,000 after recovering from the recent dump, where BTC price had tested levels below $18,000 in one of the market’s bloodiest weeks. According to Changpeng Zhao, founder and CEO of the world’s largest crypto exchange and trading platform, it’s likely Bitcoin will take some time before rebounding to the highs […] The post Bitcoin price will ‘take a while to get back’ to $69K, Binance boss CZ says appeared first on Invezz.

2022-6-24 20:00


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Multibillion-Dollar Crypto Fund Boss Takes Bitcoin Seriously, Says Its Underlying Tech Is Reshaping The World As We Know It

Marc Andreessen, co-founder, and general partner at Andreessen Horowitz is unfazed that Nakamoto’s creation, Bitcoin is the greatest and most successful innovation of this generation. Speaking to Bloomberg on Wednesday, the fund manager who has been investing in crypto assets since 2013 and his firm raised more than $3 billion across its three crypto funds […]

2021-8-8 16:27


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CEO Of World’s Largest Money Manager Sees ‘Very Little’ Demand For Bitcoin From Long-Term Investors

BlackRock CEO Larry Fink said on Wednesday that long-term institutional investors are demonstrating a weak appetite for cryptocurrencies. Institutional Demand For Crypto Is Lackluster: Larry Fink Fink, the billionaire boss of the world’s largest asset manager holding close to $10 trillion in assets under management, says he is not witnessing much demand for crypto. Speaking […]

2021-7-16 15:33


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Nigeria Bureau De Change Association Boss Accuses Speculators of Destabilizing the Naira— Says Central Bank Funding Will End Currency Woes

According to the head of the Nigerian group of bureau de change operators, the naira’s continued fall on the parallel market is down to the activities of speculators. However, Aminu Gwadabe, the president of the Association of Bureau de Change Operators of Nigeria (ABCON), suggests that only a “massive funding” of bureau de change (BDC) […]

2021-5-22 15:00


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JPMorgan Boss Says ‘Emerging Issues’ Like Cryptocurrencies ‘Need to Be Dealt With Quickly’

JPMorgan’s boss Jamie Dimon has a bone to pick with cryptocurrencies, shadow banking, and the financial technology (fintech) economy. In a letter to JPMorgan shareholders, Dimon explained that banks are “playing an increasingly smaller role in the financial system” and there’s a list of items like digital currencies he’s named that needs to be “dealt […]

2021-4-8 04:30


FCA: Thrill & Status-Seeking Young People Are Investing in Crypto; BIS Boss Calls for Regulation

Britain’s Financial Conduct Authority (FCA) says younger people seeking thrills are turning to high-risk crypto assets and foreign exchange though most of them are unable to absorb big losses. The FCA shared the findings of its latest research that showed that new, younger, and more diverse groups of customers are getting involved in high-risk investments.

2021-3-24 20:00


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Bitcoin’s Case ‘Inadvertently’ Advertised By Blackstone Boss

The CEO of the world’s biggest alternative investment firm has unwittingly endorsed bitcoin after suggesting it is a natural tool to avoid government control. Schwarzman: I Don’t Understand Bitcoin In an interview with Fortune on September 17, Blackstone chief Steve Schwarzman acknowledged that governments “need” and “want” to exert influence on their national fiat currencies.

2019-9-18 15:00