Significance of Jamie Dimon’s Reluctant Bitcoin Surrender
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The JPMorgan CEO said the bank would allow investors to buy bitcoin, while warning of stagflation and sounding hopeful about regulations.
Bitcoin has typically correlated with equity markets, particularly the tech-heavy Nasdaq. The diverging movements of bitcoin and stocks could be the result of investors looking fo
While bitcoin evangelist Michael Saylor’s claim may not be strictly true, the inexorable rise of the cryptocurrency continues and the milestones keep coming. Bitcoin hit an all-time high of $111,000 in overnight trading Thursday,
Key Takeaways Bitcoin surged above $110,000 for the first time on Wednesday, surpassing its previous record set just before President Donald Trump's January inauguration.Since bottoming out last month,
Investor optimism is on the rise thanks to cooling international trade tensions and declining confidence in the stability of the U.S. dollar.
The action by JPMorgan is consistent with a broader trend in financial institutions jumping into cryptocurrency products.
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Khaleej Times on MSNBitcoin rises to new record high, eclipses January topThe price of Bitcoin rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues to improve after last month's tariff-induced sell-off.The world's largest cryptocurrency touched a high of $109,
Bitcoin price stabilizes around $105,200 on Tuesday, just 4% shy of its all-time high at $109,588. JPMorgan CEO Jamie Dimon says the bank will let clients buy Bitcoin. The Texas House is set to conduct a second reading of a bill that,