Bitcoin Valuable in a Dystopia, But Not Anywhere Else: JP Morgan Analyst

Bitcoin Valuable in a Dystopia, But Not Anywhere Else: JP Morgan Analyst

JP Morgan finally admitted that bitcoin is valuable, at least in the event of a full-blown dystopia. | Source: Shutterstock By CCN.com: Contrary to statements from its cryptocurrency-bashing CEO Jamie Dimon, JP Morgan has finally admitted that bitcoin has value, albeit in the unlikely event that the world descends into a “Bird Box”-style dystopia.If ‘Bird…

Facebook Will Build ‘Most-Used Product in Crypto’: Morgan Creek

Facebook Will Build ‘Most-Used Product in Crypto’: Morgan Creek

Advertisement Morgan Creek’s Anthony Pompliano has declared that, contrary to the expectations of some in the blockchain space, Facebook will eventually build the “most used product in crypto.” Responding to a tweet by The Block founder Mike Dudas inferring that Facebook is hiring blockchain engineers without a clearly defined role or purpose for them, Pompliano…

Crypto Hedge Funds are Going to Start Shutting Down: Morgan Creek

Crypto Hedge Funds are Going to Start Shutting Down: Morgan Creek

Advertisement Twitter Facebook LinkedIn The depths of this year’s cryptocurrency bear market evidently show significant signs of further trouble. According to notable crypto figure and Morgan Creek Digital founder Anthony Pompliano, significant price drawdowns this year could lead to crypto hedge funds closing up shop soon. Hedge Funds CCN reported today of Bitcoin dropping below $5,000…