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Tag: jamie dimon

Bitcoin market cap hits new all-time high and surpasses JPMorgan at $352M

November 24, 2020cashtechnews

Bitcoin outperforms JPMorgan in terms of market capitalization shortly after the firm’s CEO said Bitcoin “is not my cup of tea.” Amid an ongoing parabolic bull run, Bitcoin (BTC) is breaking another major milestone in terms of its market capitalization against American banking giant JPMorgan. On Nov. 24, Bitcoin surpassed the $19,000 price mark for […]

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Survey of millionaires finds 73% own or want to invest in crypto

November 18, 2020cashtechnews

The number of millionaires wanting to buy cryptocurrencies is on the rise, with a new survey indicating that 73% want to own digital assets before the end of 2022. A survey of more than 700 high net worth individuals, or HNWs, has found that almost three-quarters of millionaire respondents either already own or are looking […]

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Bitcoin price will ‘bolt higher’ if Biden wins, rise slower with Trump — Max Keiser

October 24, 2020cashtechnews

Max Keiser, Wall Street veteran and host of The Keiser Report, shares his thoughts on Bitcoin price breaking $13,000 and the U.S. election in an exclusive interview with Cointelegraph Markets. Paul Tudor Jones. Did his investment into Bitcoin spark a new bull cycle? Max Keiser: First, we need to go back to the Genesis Block and […]

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Crypto banks are going to swallow fiat banks in 3 years — or even less

October 10, 2020cashtechnews

In three years, a younger generation of banking customers won’t do business with a traditional fiat bank unless it offers access to crypto. Within a few years, a younger generation of financial services customers are going to be able to walk into a bank and gain access to credit products, savings accounts and investments that […]

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Coincidence? Top 5 Swiss Bank’s Profits up 34% After Bitcoin Integration

July 20, 2020cashtechnews

Julius Baer, a top-five Swiss bank, saw its net profit climb by 34% in the first half of 2020, a period during which it began offering digital assets like Bitcoin to its clients. Top five Swiss bank Julius Baer Group, which manages $427 billion in assets, announced on July 20 that its profit increased by […]

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Paul Tudor Jones to Be Biggest Bitcoin Holder in 2 Years — Max Keiser

June 20, 2020cashtechnews

Outspoken Bitcoin investor and host of the Keiser Report, Max Keiser, explains that his $400K BTC price prediction will coincide with the U.S. dollar’s collapse. Cointelegraph Markets spoke with Wall Street veteran and host of the Keiser Report, Max Keiser, who explains the increasingly important role of Bitcoin in geopolitics amid potential “hash wars” and […]

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JPMorgan

JP Morgan Reverses, says Bitcoin and Crypto Have Longevity as an Asset Class

June 13, 2020June 13, 2020Dennis Consorte

JP Morgan Chase Chairman and CEO, Jamie Dimon used to call Bitcoin a fraud. Now that Bitcoin has tested $10,000 several times while holding above $9,000, he’s changing his tune. The bank has reported that Bitcoin is “mostly positive” and that cryptocurrencies have “longevity as an asset class.” JP Morgan analysts issued a report, authored […]

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