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Jamie Dimon calls bitcoin a 'fraud' and a 'Ponzi scheme' and says the crypto is hopeless as a currency

JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said bitco…

Theron Mohamed   


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Jamie Dimon compares bitcoin to smoking, saying he supports peoples' right to buy it, but that he never would

"I defend your right to smoke a cigarette, I'll defend your right to buy a bitcoin," the JPMorgan c…

Filip De Mott   


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Jamie Dimon warns the world order is being challenged and bashes crypto once more

JPMorgan's CEO warned of sticky inflation, rising interest rates, a recession, and global turmoil, …

Theron Mohamed   


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Jamie Dimon says he's deeply opposed to crypto and the government should 'close it down'

"I've always been deeply opposed to crypto, bitcoin, et cetera," Jamie Dimon said during a Congress…

Filip De Mott   


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BlackRock CEO Larry Fink says he's likely in the same camp as Jamie Dimon in seeing bitcoin as worthless, though there are opportunities in blockchain

The BlackRock CEO told CNBC he's not a student of bitcoin and he can't say whether the cryptocurren…

Carla Mozée   


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Jamie Dimon calls bitcoin 'worthless' and questions its 21 million supply cap

While Dimon doesn't believe in the value of bitcoin, the cryptocurrency has recently surged to a va…

Matthew Fox   


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3 mins read

Peter Thiel called out Warren Buffett, Jamie Dimon, and Larry Fink as bitcoin's enemies. Here's how 6 crypto experts reacted.

The world needs a "Crypto Buffet" that can plainly explain how investing in crypto is a solid long-…

Shalini Nagarajan   


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6 mins read

Bitcoin is so back

In today's big story, we're looking at the big news out of crypto land: the approval of a bitcoin E…

Dan DeFrancesco   


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JPMorgan CEO Jamie Dimon slammed crypto as dangerous - and called bitcoin a Ponzi scheme

The billionaire banker argued that bitcoin and other speculative tokens don't do anything, and faci…

Theron Mohamed   


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End of an era at KKR - Lawyers behind life-sciences deal boom - Jamie Dimon thinks bitcoin is worthless

The top finance stories for Oct. 12, including the latest on KKR's new era and Jamie Dimon's contin…

Jordan Parker Erb   


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JPMorgan boss Jamie Dimon says bitcoin is a 'waste of time' and a fraud, and warns Russia-Ukraine war is threat to the global economy

Jamie Dimon previously compared crypto tokens to "pet rocks," and called the industry a "complete s…

Jennifer Sor   


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Billionaire Mike Novogratz says Jamie Dimon's stance on bitcoin is sophomoric

Dimon's comments were made the same day bitcoin surged to a five-month high above $57,000, taking i…

Shalini Nagarajan   


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Jamie Dimon says 'you're a fool' if you borrow to buy bitcoin, and that he wouldn't care if its price increased 10 times

"This does not mean it can't go 10 times in the next five years," Jamie Dimon told Times of India. …

Isabelle Lee   


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1 min read

Investing legend Mark Mobius says crypto is a way to have fun and speculate and that it's more like a religion than an investment

"As long as the music continues to play, it's great. Once that music stops, then we're going to be …

Natasha Dailey   


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JPMorgan has launched an in-house bitcoin fund for private bank clients, report says

The passively managed fund was launched this week in collaboration with NYDIG and is available to J…

Sophie Kiderlin   


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5 mins read

Bitcoin's back on top, but it's not a boon for everyone in the space

In today's big story, we're looking at bitcoin's latest rally and what's driving it so high this ti…

Dan DeFrancesco   


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1 min read

Morgan Stanley CEO says bitcoin isn't a large part of the bank's business, but admits crypto is more than just a 'fad'

"These things aren't going away, and the blockchain technology supporting is obviously very real an…

Natasha Dailey   


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Bitcoin has no value and authorities will soon 'regulate the hell out of it,' says JPMorgan CEO Jamie Dimon

Pressed on his $31 million salary, Dimon said: "We have a free market in this country, which ... ev…

Ethan Wu   


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Jamie Dimon is just one finance leader not buying the bitcoin hype as it heads back to its record high. Here are 18 other skeptics.

Many influential tech billionaires - such as Elon Musk, Mark Cuban, and Mike Novogratz - have heape…

Shalini Nagarajan   


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JPMorgan could make its first bitcoin fund available to private rich clients as soon as this summer, report says

The top US bank by assets has gradually shifted its stance on cryptocurrencies after labelling it a…

Shalini Nagarajan