jamie dimon

Recently, JP Morgan Chase & Co. issued its annual letter to shareholders, in which Jamie Dimon, the company’s CEO, spoke about Silicon Valley’s startups as new rivals that are looking to compete with banks.

Cryptos Will Force Out Fiat Currencies in a Matter of Five Years, Claims Famous VC Tim Draper
February 19th, 2019

The crypto winter is not a reason to lose hope. Tim Draper strongly believes that the era of fiat currencies ends in 5 years.

JP Morgan’s Newly-Created JPM Coin Sparks Ambivalent Feelings Within Crypto Community
February 15th, 2019

As the payment flow of JPM Coin demonstrates several of Ethereum’s core benefits for the finance and banking industry, some are afraid of the impact JPM Coin may have on other coins, including Bitcoin, XRP, and the crypto market in general.

‘JPM Coin’: JPMorgan Chase Announces World’s First Bank-Backed Cryptocurrency
February 14th, 2019

The banking giant’s JPM Coin will be majorly used for the institutional purpose to transfer money, securities and other assets globally by leveraging the power of blockchain.

Ex-Goldman Exec Believes the Crypto Market Will Thrive in the Long-term
December 19th, 2018

An Ex-Goldman is among the few notable investors remaining positive on the crypto markets. He holds his ground in spite of other institutional investors exiting the crypto space.

Top 5 Major Bankers and the Richest Dynasties Experimenting with Cryptocurrency
June 6th, 2018

Crypto sphere attracts all the more attention winning minds of governments, top industrialists and businessmen. Now richest bankers and the whole dynasties take the lead in this crypto expansion.

JPMorgan’s ‘Bitcoin Bible’: Cryptocurrencies ‘Unlikely to Disappear’
February 13th, 2018

According to yesterday published JPMorgan’s Global Research, despite it will be very difficult for cryptos to completely displace government-issued currencies, they can play a decisive role in the diversification of global bond and equity portfolios.

J.P. Morgan Chase CEO Jamie Dimon Regrets Calling Bitcoin a ‘Fraud’
January 9th, 2018

J.P. Morgan Chase Chairman and CEO Jamie Dimon has taken back his critical words about bitcoin admitting the usability of blockchain technology for financial markets, even though he still has no desire to deepen into the subject that much.

JP Morgan is Getting into Bitcoin Futures Trading, Despite Jamie Dimon’s Statement About Bitcoin’s Fraud
November 22nd, 2017

JP Morgan, one of the largest banking institutions in the United States, is looking at allowing its clients to trade bitcoin futures, while its Chief Executive James Dimon stays negative to Bitcoin believing it’s a fraud.

Bitcoin is Trading at $3900 Level as Traders No Longer Frightened by China’s Decisions
September 26th, 2017

It seems, that bitcoin finally gains momentum after the succession of equally infamous and disturbing news about China’s decision to ban ICOs and shut down all bitcoin trading.

CEOs of U.S. Banks are ‘Very Afraid’ of Bitcoin, Says Wealth Advisor Rainer Michael Preiss
September 21st, 2017

Rainer Michael Preiss shares his opinion about bitcoin, which has been in the center of attention attracting a lot of criticism lately.