JPMorgan Report: Crypto Could One Day Help Diversify Portfolios
Cryptocurrencies could one day help investors diversify their equity and bond portfolios, analysts for JPMorgan Chase wrote in a new report.
JPMorgan's CEO has suggested that consumers could eventually use its U.S. dollar-linked token.
The $156 in bitcoin being passed via the "Lighting Torch" is a bigger deal than trillions in JPM Coins would be, writes Michael J. Casey.
“We’re going to be talking about Libra three years from now," JPMorgan Chase CEO Jamie Dimon said Tuesday.
JPMorgan Chase has said that cryptocurrencies would only have value when confidence in traditional assets had been lost.
Jamie Dimon once called bitcoin a fraud – now he's saying "just beware."
"Bitcoin is a fraud." Four small words ignited a maelstrom when JPMorgan CEO Jamie Dimon took the stage at a conference in September. The blockchain world was never quite the same again. In response, bitcoin became the talk of Wall Street, and in that dialogue a beast was unleashed that maybe ... just maybe ... took bitcoin out of obscurity, to its new peaks above $10,000.