JPMorgan Boss Jamie Dimon Says ‘I Don’t Care About Bitcoin’ but Clients Are Interested

JPMorgan Boss Jamie Dimon Says Clients Are Interested in Bitcoin but He Has No Interest in the CryptocurrencyJPMorgan CEO Jamie Dimon has reaffirmed his stance on bitcoin while acknowledging that his bank’s clients are interested in the cryptocurrency. “I don’t tell clients what to do,” he said while emphasizing that he does not care about bitcoin. Jamie Dimon Has No Interest in Bitcoin but His Clients Do Jamie Dimon talked about bitcoin […]

Hundreds of Banks in US to Allow Customers to Buy, Sell, Hold Bitcoin Through Existing Bank Accounts

Hundreds of Banks in US to Allow Customers to Buy, Sell, Hold Bitcoin Through Existing Bank AccountsHundreds of banks in the U.S. will reportedly start offering access to bitcoin to their customers this year, thanks to a partnership between Fidelity National Information Services and the New York Digital Investment Group. Hundreds of banks have enrolled to participate in the program as they see funds moving from bank accounts to crypto exchanges. […]

Southeast Asia’s Largest Bank DBS Says Trading Volumes on Its Cryptocurrency Exchange Have Increased 10 Times

Southeast Asia's Largest Bank DBS Says Trading Volumes on Its Cryptocurrency Exchange Soar 10-FoldDBS, Southeast Asia’s largest bank, says that cryptocurrency trading volumes on its exchange have grown 10 times to around $30 million to $40 million. The bank is also collaborating with JPMorgan on a blockchain settlement platform and plans to launch its first security token offering in the second quarter, its CEO has revealed. DBS’ Crypto […]

Bitcoin vs Ethereum: Investment Bank JPMorgan Explains Why ETH Is Outperforming BTC

Bitcoin vs Ethereum: JPMorgan Explains Why ETH Is Outperforming BTCInvestment bank JPMorgan has published a report explaining why ether is outperforming bitcoin. Citing several key reasons, the firm concluded that “there is evidence of more resilient liquidity, less reliance on derivatives markets to transfer and warehouse risk, and more durable underlying demand base – for now at least.” JPMorgan Says Ether Outperforms Bitcoin JPMorgan […]

Bank of America Survey: 74% of Fund Managers See Bitcoin as a Bubble

Bank of America Survey: 74% of Fund Managers See Bitcoin as a BubbleThe most recent Bank of America Fund Manager Survey shows that about three out of four professional investors think that bitcoin is a bubble. The fund managers also rated bitcoin second on the list of the most crowded trades. Recently, investment bank JPMorgan also warned that cryptocurrency as a sector is in a bubble. Bank […]