JP Morgan CEO: Steer Clear of Crypto, But I Can’t Tell You How To Spend Your ...
Crypto agnostic Jamie Dimon reiterates his cynicism towards the nascent investment class, warning investors to “stay away from it.” However, the JP Morgan boss has no qualms about selling it to clients. In what is a love-hate relationship with cryptocurrency, Dimon, once again, sounds the alarm on cryptocurrency. But based on his willingness to offer […]
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Singapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He stressed, “We cannot express this enough.” Singapore’s Deputy Prime Minister Warns About Crypto Singapore’s Deputy Prime Minister Heng Swee Keat reportedly warned retail investors against investing in cryptocurrency Tuesday while speaking at the Asia Tech x Singapore (ATxSG) summit. He said: Retail investors, especially, should steer clear of cryptocurrencies. We cannot express this enough. He brought up....
There’s a mining contract scheme people are discussing and making the rounds on the web called “Mining City” or “Bitcoin Vault.” The Philippines SEC recently put out a warning against the operation and the alleged masterminds behind the project. One thing is for sure, there’s been a number of crypto Ponzi operations over the years, and they typically attract a lot of users before they crumble. However, as the story goes with any pyramid scheme when the project crashes, only the top leaders make off with all the money. One particular pyramid scheme called....
India has been consistently staggering under stringent and rigorous policies related to crypto. These policies can be called as effective as a “shadow ban”. Blows one after the other have caused the crypto community to live in a state of constant fear. The recent development is a sudden curb on accepting UPI payments to sell […]
During an interview with at the invite-only Code Conference in Beverly Hills, Elon Musk said the government should steer clear of trying to regulate Bitcoin and cryptocurrency.
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity seems to be recovering. Morgan Stanley’s Sheena Shah highlighted in a note to investors that the stablecoin market capitalization is seeing fewer redemptions for the first time since April. Morgan Stanley Investors’ Note Says Crypto Winter Could Be Thawing, but Re-Leverage Demand Is Still Non-Existent The crypto winter may be starting to warm as institutional investors have halted the redemption of the crypto economy’s top two....