Tag: News

Italy’s Largest Bank Leaps Into Bitcoin Trading With $1 Million ‘Test’ Investment But CEO Says He Doesn’t Invest In BTC Personally

Italy’s largest bank, Intesa Sanpaolo, dipped its toes in the cryptocurrency market, conducting its first Bitcoin (CRYPTO: BTC) purchase worth $1 million, according to a report on Tuesday. What Happened: Intesa Sanpaolo purchased 11 Bitcoins in what CEO Carlo Messina described as “a test,” Reuters reported, citing an internal memo. Speaking...
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Deribit CEO Confirms Strategic Investment Inquiries, Rules Out Takeover Report

Crypto derivatives platform Deribit, has received potential acquisition interest, Bloomberg reported on Wednesday, citing sources. The report added that the firm is working with Financial Technology Partners to review the opportunities. Deribit CEO Luuk Strijers told CoinDesk that the options platform had appointed FT Partners as an advisor for...
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‘I Just Don’t Feel Great About Bitcoin’: JPMorgan CEO Talks About Crypto’s Alleged Dark Side

In a recent interview with CBS News, JPMorgan CEO Jamie Dimon reiterated his longstanding skepticism toward Bitcoin, stating, “Bitcoin itself has no intrinsic value.”  Bitcoin’s Resilience Amid Dimon’s Doubts Dimon emphasized the cryptocurrency’s alleged association with illegal activities, including money laundering and human trafficking, which he believes tarnishes its...
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