Tag Archives: White Shoe Boys

Jamie Dimon says he regrets calling bitcoin a fraud

Posted on by

“‘The blockchain is real,’ Dimon added in the interview. ‘You can have cryptodollars in yen and stuff like that. ICOs … you got to look at every one individually. The bitcoin was always to me what the governments are going to feel about bitcoin when it gets really big. And I just have a different opinion than other people.'”

Read more: https://www.cnbc.com/2018/01/09/jamie-dimon-says-he-regrets-calling-bitcoin-a-fraud.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Goldman Executive Assistant Indicted In $1.2 Million Rare Wine Theft

Posted on by

“A former personal assistant to Goldman Sachs co-president David Solomon has been indicted in federal court for allegedly taking hundreds of bottles of wine worth an estimated $1.2 million from his boss’ Manhattan cellar, and reselling them. One of his tasks was accepting wine deliveries at the finance executive’s Manhattan apartment, and then transporting them to Solomon’s East Hamptons house. According to the indictment, for a period of at least two years, De-Meyer sold hundreds of the bottles to an unnamed wine dealer based in North Carolina.”

Read more: http://www.winespectator.com/webfeature/show/id/Former-Assistant-to-Goldman-Sachs-Executive-Indicted-for-Wine-Theft

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Bitcoin Futures Surge In First Day Of Trading

Posted on by

“Trading, which began at 6 p.m. ET (5 p.m. CT), was so intense that halts designed to cool volatility were triggered twice on the CBOE.”

Read more: https://www.npr.org/sections/thetwo-way/2017/12/11/569806357/bitcoin-futures-surge-in-first-day-of-trading

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Nasdaq plans bitcoin futures contract in 2018, joining CME and CBOE

Posted on by

“Nasdaq Inc plans to launch a futures contract based on bitcoin in 2018, making it the third exchange operator to plan U.S. derivatives contracts linked to the digital currency, a source with knowledge of the matter said on Wednesday.  CME Group, the world’s largest derivatives exchange, and CBOE Holdings, have both said they plan to launch futures products based on bitcoin this year, pending regulatory approval, helping fuel the crypto-currency’s rally.  While Nasdaq does not have a hard date set for its product, the transatlantic exchange operator has offered an exchange-traded note based on bitcoin on its Stockholm exchange since 2015.”

Read more: https://www.reuters.com/article/us-nasdaq-bitcoin/nasdaq-plans-bitcoin-futures-contract-in-2018-source-idUSKBN1DT2CV

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

First Long-Term LedgerX Bitcoin Option Pegs Price at $10,000

Posted on by

“Called a Long-Term Equity Anticipation Security (LEAPS), the trade was matched by the platform this morning and is set to expire on December 28, 2018. Such long term futures options have long been seen in the industry as a much needed sign of maturity, and could in part help pave the way for even more institutional money to enter the space.”

Read more: https://www.coindesk.com/first-long-term-ledgerx-bitcoin-option-pegs-price-10000-one-year/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Jamie Dimon labels bitcoin users ‘stupid’ as price heads to $10,000

Posted on by

“‘The only value of bitcoin is what the other guy’ll pay for it,’ Dimon said. On Thursday, Dimon said during a post-earnings conference call with media that he’s ‘not going to talk about bitcoin anymore.’ The executive called bitcoin a ‘fraud’ in September and said it ‘won’t end well.'”

Read more: https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Goldman Has a New Product to Bet on the Next Banking Crisis

Posted on by

“The two financial giants are now offering trades in derivatives that enable investors to bet on or against high-risk bank bonds that financial regulators can wipe out if a lender runs into trouble. Others are also planning to start making markets in the contracts, known as total-return swaps, in the coming weeks, according to Max Ruscher, the London-based director of credit indexes at IHS Markit Ltd., which administers the benchmarks that the swaps are linked to.”

Read more: https://www.bloomberg.com/news/articles/2017-10-11/goldman-sachs-offers-first-swaps-on-riskiest-type-of-bank-debt

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Investment firm VanEck calls bitcoin a ‘fad,’ then files for bitcoin ETF

Posted on by

“Money management firm VanEck is both skeptical of bitcoin and planning to sell a related investment product, illustrating a rising perception that the surge of interest in the digital currency creates a high-risk opportunity that may be too big to miss.”

Read more: https://www.cnbc.com/2017/08/14/investment-firm-vaneck-calls-bitcoin-a-fad-then-files-for-bitcoin-etf.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

‘Shadow Margin’ Borrowing With Stock Soars as Market Rises

Posted on by

“Wall Street brokerages have been selling billions of dollars in loans backed by stocks and bonds, a trend that yields lucrative fees for the firms but poses risks for borrowers.”

Read more: http://news.morningstar.com/all/dow-jones/financials/201707282549/borrowing-with-stock-soars-as-market-rises-wsj.aspx

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

The meteoric rise of passive investing: the “greatest bubble ever”?

Posted on by

“Given the power passive strategies have rapidly accrued, perpetuating blind faith could prove devastating.”

Read more: https://latest.13d.com/has-the-meteoric-rise-of-passive-investing-generated-the-greatest-bubble-ever-257200fe5caf

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet