Browsing: Jamie Dimon

World
Bitcoin nears $10 000 as crypto mania intensifies

Bitcoin is showing no signs of slowing down, blowing past $9 000 less than a week after topping $8 000 and now quickly closing in on five big figures. The price of the largest cryptocurrency by market value is soaring as it gains greater

World
Bitcoin surges to new highs

Another day. Another record for bitcoin. The most widely used digital currency will now cost you about $6 125 apiece after blowing past the $5 000 and $6 000 price levels for the first time earlier this month. Bitcoin’s total value is

World
Banks want in on bitcoin action

At first, bitcoin was a way to make payments without banks. Now, with more than US$100bn stashed in digital currencies, banks are debating whether and how to get in on the action. Goldman Sachs Group

World
Goldman Sachs may open bitcoin trading desk

Bitcoin traders can breathe a sigh of relief. If JPMorgan Chase & Co’s CEO Jamie Dimon fires them for trading the cybercurrency, Goldman Sachs Group could welcome them with open arms. Goldman is reportedly

World
Central banks can’t ignore bitcoin boom

The world’s central banks can’t sit back and ignore the growth in cryptocurrencies as it could pose a risk to the stability of the financial system, according to the Bank for International Settlements. It said

In-depth
An open letter to Jamie Dimon, by Farzam Ehsani

Dear Mr Dimon, a few days ago, you called bitcoin and cryptocurrencies a “fraud”. You said bitcoin is “not a real thing” and that governments “would close it down”. I understand your perspective and, in fact, I shared a similar view