Category Archives: JPMorgan

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JPMorgan: Cryptocurrency is Unlikely to Disappear [Yes, Really]

The post JPMorgan: Cryptocurrency is Unlikely to Disappear [Yes, Really] appeared first on CCN JPMorgan’s mixed signals on bitcoin persist. The top US bank based on assets has released what’s been dubbed a “Bitcoin Bible” for investors, conceding that cryptocurrencies aren’t going away while simultaneously warning investors about a looming 50% or so drop in the BTC… Read More »

JPMorgan, Bank of America Say No to Crypto Transactions on Credit Cards

The post JPMorgan, Bank of America Say No to Crypto Transactions on Credit Cards appeared first on CCN The top two US banks took what little wind was left in investors’ sails today. JPMorgan Chase and Bank of America have both placed a ban on cryptocurrency transactions via credit cards, according to Bloomberg reports. The… Read More »

Bitcoin Value = $0? Morgan Stanley Makes a Flawed Argument

The post Bitcoin Value = $0? Morgan Stanley Makes a Flawed Argument appeared first on CCN Earlier this week, Morgan Stanley, the third largest investment bank in the global finance market with a $95 billion market cap behind Goldman Sachs and JPMorgan Chase, stated in a research paper that the future value of bitcoin could… Read More »

Billionaire Bitcoin Investors Winklevoss Twins Dare JPMorgan CEO to Short BTC

In an interview with Fox Business, Tyler and Cameron Winklevoss have challenged JPMorgan CEO Jamie Dimon to short bitcoin on the futures market if he remains confident that bitcoin will fail in the long run. “We’ve been working really hard to give Jamie Dimon an opportunity to short bitcoin, and anybody who says that you… Read More »