JP Morgan CEO: Bitcoin is Going Nowhere
Noted Bitcoin skeptic Jamie Dimon was asked about Bitcoin during a recent televised interview. He doesn’t see the cryptocurrency going anywhere, although he does state blockchain technology is real. JP Morgan CEO Jamie Dimon appeared in a CNBC interview at the World Economic Forum in Davos, where the interviewer brought up the subject of electronic currencies, specifically Bitcoin. A previous interview between the two had Dimon remark that bitcoin - was going nowhere fast. The comment was made during a previous installment of the WEC in Davos, years ago. The question resurfaced, with the....
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Following the federal judge’s decision to give the accused Bitfinex money launderer Heather Morgan permission to “engage in legitimate employment,” Morgan has broken her silence on social media. Morgan’s Twitter account dubbed “Heather ‘Razzlekhan’ Morgan” is verified on Twitter and her latest tweet insists that she does not endorse any crypto or NFT project bearing her name.
Heather Morgan Insists: ‘I Am Not Involved in Any Crypto Project’
On Tuesday, one of the accused Bitfinex bitcoin launderers, Heather....
Morgan Stanley, a Wall Street investment bank, has gotten exposure to Bitcoin (BTC) through Grayscale, indicating that institutional adoption of digital assets is growing. Morgan Stanley Owns 28k Shares According to a June 28 filing with the US Securities and Exchange Commission, the Morgan Stanley Europe Opportunity Fund, which invests in established and growing firms […]
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The hunger for Bitcoin exposure is on the rise, despite the recent bearish price action. At least, that’s what some J.P. Morgan clients have told the banking giant, according to Mary Callahan Erdoes. CEO for J.P. Morgan Asset & Wealth Management, Erdoes believes that blockchain technology is more relevant than Bitcoin. The former, said the […]
Morgan Stanley’s chief global strategist says that “regardless of where the price of bitcoin goes next, cryptocurrencies are here to stay as a serious asset class.” He added that bitcoin is making progress towards replacing the dollar as a medium of exchange. Morgan Stanley Bullish on Bitcoin and Cryptocurrencies Morgan Stanley’s head of emerging markets and chief global strategist, Ruchir Sharma, published a report entitled “Why Crypto Is Coming Out of the Shadows” on the Morgan Stanley website last week. “Despite the jitters natural in a global....