White House Weighs Wide-Ranging Push for Crypto Oversight - Bloomberg

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'Bitcoin (BTC) is Worthless' Says Jamie Dimon, Crypto Market Reaction Muted

October 12, 2021 6:16 AM EDT

Bitcoin (BTC) price is still trading above the $56,000 handle despite more bashing from JPMorgans (NYSE: JPM) CEO Jamie Dimon.

I personally think that bitcoin is worthless, Dimon said during an Institute of International Finance event yesterday.

It has been known for years that Dimon... More

Bitcoin (BTC) Price Soars to a New 5-Month High, Now Up Over 30% in October; Analyst Sees Biden's Crypto 'Crackdown' as a Positive Development

October 11, 2021 1:31 PM EDT

Bitcoin (BTC) price has soared 5% today to trade around the $57,500 mark and hit a new 5-month high.

The worlds largest cryptocurrency is now trading over 30% higher in October as buyers eye a return to record highs near the $65,000 handle.

Bloomberg reported Friday that the White House administration is considering an executive order for federal agencies to have a deeper look at crypto and come up with recommendations.

For Cowens analyst... More