JPMorgan Chief Questions Imminent Fed Rate Cut and Praises Stablecoins
JPMorgan CEO Jamie Dimon remarked that the Fed is unlikely to lower the key rate without a significant slowdown in inflation. He also spoke positively about stablecoins.Jamie Dimon is the CEO of JPMorgan Chase, one of the largest banks in the United States.
JPMorgan Chief Questions Imminent Fed Rate Cut and Praises Stablecoins
JPMorgan CEO Jamie Dimon remarked that the Fed is unlikely to lower the key rate without a significant slowdown in inflation. He also spoke positively about stablecoins.
JPMorgan to Enable Bitcoin Purchases for Clients
The financial conglomerate JPMorgan will soon allow clients to purchase the leading cryptocurrency, though it will not act as its custodian. This was stated by the bank’s CEO, Jamie Dimon, according to CoinDesk. The Bitcoin skeptic has not changed his stance. The top executive emphasized that he remains not a “fan” of digital gold, as […]
JPMorgan CEO Labels Bitcoin a Fraud and Ponzi Scheme
Bitcoin lacks the fundamental qualities to be considered a currency, according to JPMorgan CEO Jamie Dimon in an interview with Bloomberg. “I have always said that bitcoin is a fraud. […]. It is […] a public decentralized Ponzi scheme,” he stated. The executive described the first cryptocurrency as a speculative asset and those who consider […]
JPMorgan CEO: I Will Never Buy Bitcoin, But Support Others’ Right to Do So
JPMorgan CEO Jamie Dimon has urged the Fed to delay rate cuts until June and shared his views on the leading cryptocurrency. This was reported by CNBC citing the businessman’s speech at the Australian Financial Review summit. “I don’t know what Bitcoin is for, but just like the right to smoke a cigarette, I support […]
Crypto Community Responds to Jamie Dimon’s Bitcoin Criticism
ARK Invest founder Cathie Wood and Ripple CEO Brad Garlinghouse have responded to recent critical remarks about Bitcoin made by JPMorgan’s Jamie Dimon. In an interview with CNBC, Dimon described the leading cryptocurrency as a useless asset lacking intrinsic value. Today, JPM’s Jamie Dimon called blockchain technology small, and added that bitcoin, a derivative of […]
JPMorgan Chief Vows Silence on Bitcoin
JPMorgan CEO Jamie Dimon has once again criticized digital assets, dismissing the first cryptocurrency as useless. “There are cryptocurrencies that do something, that might have value. And then there’s one that does nothing, I call it pet rock. The #Bitcoin, or something like that,” says @JPMorgan CEO Jamie Dimon. “It has some use cases. Everything […]
JPMorgan CEO calls on US authorities to shut down cryptocurrencies
Jamie Dimon, chief executive of JPMorgan Chase, told U.S. lawmakers that serious restrictions on digital assets are needed.
JPMorgan chief questions Bitcoin supply cap of 21 million coins
JPMorgan chief Jamie Dimon, on CNBC, said he was not confident that Bitcoin's issuance is truly limited to 21 million coins.
JPMorgan chief Jamie Dimon calls cryptocurrencies ‘decentralised Ponzi schemes’
Cryptocurrencies are “decentralised Ponzi schemes”, but blockchain technology has potential. This was stated by JPMorgan chief Jamie Dimon.
Warren Buffett Again Questions Bitcoin’s Value
The renowned billionaire investor Warren Buffett said that he would not buy all the bitcoins for $25, as he does not see any value in them. CNBC reports.We use cookies to improve the quality of our service.
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