Santa Floki On Christmas day, Elon Musk made a seemingly harmless tweet about his dog, Floki, wearing a Santa Claus costume. The CEO of Tesla and SpaceX generates social media buzz with nearly every tweet he makes. This tweet in particular caused some select individuals to make a lot of money. Santa Floki (HOHOHO) is one of the thousands of dog based meme tokens that float around the cryptocurrency community. The meme token has seen gains of over 5000% in a couple days, all because of an Elon Musk tweet. Musk was not referring to the Santa Floki token, but was literally making a Twitter post about his dog for…
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Bitcoin is back at all-time highs—What does this mean for Hodlers?
A seminal moment has happened in Bitcoin as BTC/USD returns to beat its 2017 top on many exchanges. What’s the significance?
The sense of achievement is palpable among those who had waited three years to revisit levels which appeared only briefly in 2017. Now that they have returned, what does it say about Bitcoin?
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JPMorgan Chase CEO Jamie Dimon is not about to join other big investors on the Bitcoin Train (Photo: World Economic Forum)Still a skeptic: JPMorgan Chase boss Jamie Dimon says ‘Bitcoin is not my cup of tea’
The CEO also predicts there’s trouble brewing for the cryptocurrency if its market cap gets any bigger, warning the U.S. ‘can regulate whatever they want’
Bitcoin’s tantalizing rise to $18,000—a 13% increase in the space of a week—still isn’t enough to impress JPMorgan Chase chief executive Jamie Dimon. However, that isn’t to say that Dimon is skeptical about digital assets or the power of blockchain technology.
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Jamie Dimon may consider Bitcoin a "fraud" but that didn't stop JPMorgan Chase from becoming the first major bank to take U.S. crypto exchanges as clients (Photo: WEF/Wikimedia Commons).Major bank haul: Coinbase, Gemini break into JPMorgan Chase
By taking on the regulator-friendly Coinbase and Gemini as clients, JPMorgan Chase has become the first large bank to knowingly agree to do business with cryptocurrency exchanges in years.
Two major U.S. cryptocurrency exchanges known for aggressively seeking regulatory approval, Coinbase and Gemini, have been accepted as JPMorgan Chase customers, breaking through an important glass ceiling in the financial industry.
