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JP Morgan Boss Can’t Stop Talking About Bitcoin — Calls Investors “Stupid”

The Wall Street tycoon and JP Morgan CEO Jamie Dimon is once again talking about bitcoin investors in a derogatory fashion. On October 12, Dimon told CNBC that he was done talking about bitcoin and that it was basically irrelevant to him. However, Dimon won’t shut up about bitcoin as the bank executive called bitcoin…

Cryptocurrencies Expected to Cause “Massive Disruptions” – IMF Managing Director

The managing director of the International Monetary Fund (IMF), Christine Lagarde has again addressed the topic of bitcoin and cryptocurrency. At a recent IMF event, Lagarde told reporters that virtual currencies will comprise the catalyst for “massive disruptions” within the financial markets and fintech industries. Also Read: IMF Chief Lagarde Tells Central Bankers: “Not Wise to…

Zenapay Latest PoS Bitcoin Solution to Enter Projected $50 Billion Cannabis Market

US cash-intensive cannabis businesses (420s) are looking for ways to meet customer demand while struggling under federal prohibition. Cryptocurrencies are increasing in popularity with 420s, and now Zenapay is entering the market with its own bitcoin solution. Also read: Indospace Allows Cannabis Merchants to Accept Bitcoin Effortlessly Cannabis Cash The US states comprising its contiguous west,…

Coinbase Users Can Now Use Bank Accounts to Instantly Purchase Cryptocurrency

San Francisco-based company Coinbase just announced they will allow customers to buy bitcoin, ethereum, and litecoin instantly with bank accounts. Each customer can buy up to $25,000 with this service. Previously, people could only conduct instant purchases with debit cards. This service requires users to provide their account numbers and routing numbers.  Also read: The Pirate Bay…

Markets Update: Bitcoin’s Price Peaks Past $5800 Across Global Exchanges

The price of bitcoin has finally surpassed the $5K territory after a few teases this past spring and summer. During the earlier hours of October 12, bitcoin’s market value spiked past the $5,000 range and has reached an all-time high of $5846 per BTC across popular global exchanges. Bitcoin’s pathway to $6K is within sight. …