Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil

Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets may vary, he firmly maintained that BTC is a commodity. Howard … Read more

FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated

According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF transferred $10 billion in customer funds to Alameda Research, the company’s financials show between $1 billion and $2 billion has gone missing. … Read more

JP Morgans Jamie Dimon Regrets his ”Bitcoin Is a Fraud” Statement

Jamie Dimon, chair of JP Morgan Chase, was once again asked about his thoughts on bitcoin. In a wide-ranging interview on FOX Business, Mr. Dimon was given a few of his notable quotes back to him, and asked to assess his present feelings. It appears he’s softened a little on the the world’s most popular … Read more