Archive | jpmorgan

JPMorgan Changes Stance: Bitcoin Could Become the New Gold

Less than a month since CEO Jamie Dimon inaccurately described bitcoin as a “fraud,” JPMorgan has changed its stance on the cryptocurrency. Throughout the past month, analysts and investors in both the cryptocurrency and traditional finance markets have criticized Dimon and JPMorgan for their baseless condemnation on bitcoin. Almost immediately after the company’s CEO called […]

JPMorgan Contemplates Providing Bitcoin Futures Trading

The plot continues to thicken when it comes to JPMorgan Chase and Bitcoin. After its CEO denounced Bitcoin as a fraud, customers started buying Bitcoin in large quantities. It now appears the financial institution will actually offer Bitcoin futures trading in the very near future. That in itself is intriguing, although nothing has been set in stone […]