U.S. Overtakes China as the Largest Bitcoin (BTC) Mining Hub
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SEC to Allow First Ever Bitcoin (BTC) ETF - Report
October 15, 2021 5:27 AM EDTThe U.S. Securities and Exchange Commission (SEC) is preparing to allow the first-ever Bitcoin (BTC) exchange-traded fund next week, according to Bloomberg. This would mark an 8-year long fight for the SEC to approve the first Bitcoin ETF.
The SEC is unlikely to block the product from hitting the market next week. ProShares and Invesco have made a... More
Morgan Stanley CEO James Gorman Contradicts JPMorgan's Jamie Dimon, Says Bitcoin (BTC) is 'Not a Fad' and Won't Go Away
October 14, 2021 11:00 AM EDTJames Patrick Gorman, CEO and Chairman of Morgan Stanley, believes Bitcoin (BTC) is here to stay and wont go away.
Gormans remarks contradict the comments of his JPMorgan counterpart, Jamie Dimon, who said BTC is worthless.
Well, we're not directly trading crypto for retail clients, and there are other players who are choosing to do that. We give access into -- for them to buy crypto through various funds and things,... More
'Bitcoin (BTC) is Worthless' Says Jamie Dimon, Crypto Market Reaction Muted
October 12, 2021 6:16 AM EDTBitcoin (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
