Tag: jamie dimon

Dimon described Bitcoin and other crypto tokens as decentralized Ponzi schemes, but he was more positive about DeFi and smart contracts. Dimon Slams Bitcoin Yesterday, the crypto space was treated...

During congressional testimony on Wednesday, September 21, JPMorgan chief Jamie Dimon once again made a sharp attack on digital assets. “I’m a major skeptic on crypto tokens, which you call currency, like Bitcoin. They are decentralized Ponzi schemes," he added. This is not the first time that Jamie Dimon has... Read more

Jamie Dimon’s leaked comments with predictions for the global economy and geopolitics paint a bleak picture about the state of the economy at large.Watch This Episode On YouTube Or...

The decline of the crypto market has been expected, especially for top digital assets such as Bitcoin, Ethereum, and Cardano. The fall has hit the market hard, especially with the collapse of one of the leading DeFi protocols, the Terra network. However, JP Morgan CEO, Jamie Dimon, believes that it is only beginning. Despite the market is more than 50% down from its...

A recent note from JPMorgan Chase suggested the bank realizes that bitcoin isn’t going anywhere. But what do the rent seekers really think?There was a lot of fanfare made recently over an investment note from JPMorgan Chase which seemed to elevate bitcoin over real estate and other traditional asset classes as the...

October 12, 2021 / Unchained Daily / Laura Shin Daily Bits...

JP Morgan's CEO...

Reading Time: 2 minutes Jamie Dimon has once again been presented with an opportunity to denigrate Bitcoin Axios asked a leading question on the cryptocurrency during an interview in a clear desire to get a soundbite The only reason people like Dimon are asked about...

Dimon's recent remarks demonstrated a high degree of economic privilege and complete oblivion to Bitcoin.JPMorgan CEO Jamie Dimon reiterated past skepticism of bitcoin in a recent interview with Axios. When asked if Bitcoin was the fool's gold of the future, Dimon responded it has no underlying value....

Jamie Dimon, the iconic financial mogul and Chief Executive Officer of multinational investment banking firm JPMorgan Chase recently shared his opinion about the volatile cryptocurrency industry and its flagship asset, Bitcoin (BTC). Speaking in an interview with Times of India (TOI), Dimon said he does not really “care about bitcoin” when asked his take on The post JPMorgan CEO Says He Does Not...

In a new interview JPMorgan CEO Jamie Dimon continued his history of criticism against Bitcoin, saying “I think if you borrow money to buy Bitcoin, you’re a fool.”In a new interview with the Times of India, JPMorgan CEO Jamie Dimon continued his...

Reading Time: 2 minutes Jamie Dimon, JPMorgan CEO, has never been a fan of Bitcoin Dimon has though had some good things to say about blockchain What are Dimon’s past comments on the two and have they changed? Jamie Dimon is not, it’s fair to say, a Bitcoin fan....

May 31, 2021 / Unchained Daily / Laura Shin Daily Bits ✍️✍️✍️ Circle announced a $440...

Reading Time: 3 minutes JPMorgan has changed its opinion on Bitcoin so quickly this year that it must have whiplash Its has released numerous bullish reports on Bitcoin’s use case after years of denigrating it Could the sea change be a case of positive manipulation...

Bitcoin Is Still Not Jamie Dimon's Thing Jamie Dimon, CEO of JPMorgan, is still not convinced of Bitcoin. He said in a recent speech/presentation at the New York Times' Dealbook Online Summit that Bitcoin is still not his "cup of tea," adding that he doesn't want the media or anyone else to get up in a fuss over this....

The JPMorgan Chase CEO said its only a matter of time before the government moves to regulate bitcoin.

Reading Time: 2 minutes A new JPMorgan report has found that institutional Bitcoin buying has rapidly outpaced gold ETF purchases this year The bank says that this represents a changing attitude on Bitcoin by accredited investors JPMorgan has been more bullish on...

Reading Time: 2 minutes A JPMorgan investor note has proclaimed Bitcoin’s “considerable” long term upside The note added that Bitcoin could “compete more intensely” with gold The bank’s view is at odds with those of its CEO Jamie Dimon who says Bitcoin is a scam...

U.S. banking giant JP Morgan Chase agreed to pay fines of almost a billion dollars after acknowledging offenses regarding commodity market manipulation investigations. On Sept. 29, the Commodity Futures Trading Commission (CFTC) concluded what has been the largest-ever settlement imposed by the derivatives regulator according to Reuters. The bank has been engaged in a pattern The post Why JP Morgan Getting Fined $1bn...