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Bitcoin has officially entered the mainstream. The most recent edition of Charlie Rose, the PBS interview show that has endured since 1993, features Cathie Wood, CEO and CIO of Ark Investment Management, along with reporters from the Wall S
UBS has said that cryptocurrencies like bitcoin are a ‘speculative bubble’ and are unlikely to become a mainstream currency. Yet, it believes the blockchain may have a ‘significant impact’ on many industries. In a white paper titled ‘ Crypt
Within the past 24 hours, the price of Bitcoin has surged from $5,600 to $6,054, by over $400 in a single day. Cryptocoinsnews previously reported that the major correction which the cryptocurrency market had endured on October 18 would pla
Former Wall Street mogul and billionaire bitcoin investor Mike Novogratz has called Jamie Dimon a ‘rent-taker’ who will lose the fight against the ‘cryptorevolution’ led by cryptocurrencies like bitcoin and blockchain technology. Retired Wa
Wall Street banking giant JPMorgan Chase is launching a new interbank payments platform powered by blockchain, the firm announced today. With the participation of two other banks – Australia-based ANZ and the Royal Bank of Canada (Australia
Kyle Samani, a managing partner at Multicoin Capital, a diversified blockchain investment fund, believes hedge funds investing or participating in initial coin offerings (ICOs) as early investors and then cashing out immediately thereafter
Wall Street continues to have a tenuous relationship with Blockchain technology. Large banks have recently made statements both for and against the new technology, with some companies like Bank of America already pursuing patents. Problem w
Tommy Lee, of Fundstrat, is well regarded on Wall Street for his bearish predictions, but he has been a believer in Bitcoin for some time. The strategist has now created five different indexes to help traditional Wall Street investors under
Ajay Banga, CEO of Mastercard, has leveled a scathing attack on any and all cryptocurrencies that are not government mandated, calling them “junk”. Digital currencies are almost direct competition for a company like Mastercard, and when ask
Where Wall Street was once a united front in running the financials of America, and to an extent, the rest of the world, it is suffering a polarization as Bitcoin disrupts opinions. As the digital currency keeps booming, investors, financia
Jamie Dimon is at it again. Expanding on his recent criticism of bitcoin, the CEO of JPMorgan Chase bank is again out in the media warning "it will end badly" for the tech. In a fresh round of press interviews, Dimon told CNBC he is concern