Former US Secretary of State John Kerry has said cryptocurrency is a topic at the World Economic Forum (WEF) “because it has value,” talking to Cointelegraph. In exclusive comments to Cointelegraph, which is attending the currently ongoing event in Davos, Kerry appeared unsurprised that Bitcoin and Blockchain had become a major talking point in global financial circles. “People are investing in it, it’s serious amounts of money and it’s got value so it’s going to be talked about,” he said. The response comes as cryptocurrency receives more and more regulatory attention and associated publicity across the world. Amid mixed signals …

Ben Bernanke, the former Chairman of the Federal Reserve, made his views against Bitcoin clear at a conference organized by Ripple in Toronto. Undermining the Government not a Recipe For Success Echoing the views of J.P. Morgan CEO Jamie Dimon, Bernanke feels that the decentralized nature of Bitcoin, which puts it outside government control, will trigger its downfall. Speaking at Swell, a three day conference organized by Ripple in Toronto, Bernanke said: “Bitcoin is an attempt to replace fiat currency and evade regulation and government intervention. I don’t think that’s going to be a success.” He attributed the current run …

As Bitcoin dips below $4000 after JPMorgan CEO Jamie Dimon’s criticism, analysts are forecasting a return to as low as $3000. In daily and weekly chart comments Wednesday, Tone Vays led the way predicting a bear market, calling $3000 the “perfect buy.” “I have strong support at $3,000 so don't see it going lower,” he added in several commentaries on Twitter. Daily & Weekly $BTCUSD are a bit mixed, but more Bearish than Bullish. Strong support & perfect #Bitcoin buy is $3,000. Will it get there? pic.twitter.com/EPcx7F3KVI — Tone Vays [#NO2X] (@ToneVays) September 13, 2017 Prices across cryptocurrency markets continue …

JP Morgan Chase & Co., the largest bank in America and one of the world's major provider of financial services, recently issued its 2014 annual report, in which the firm's chairman and CEO Jamie Dimon suggests that new competitors are "looking to compete with banks," and that his firm is "keeping an eye on [these emerging players]," most particularly on Silicon Valley's startups. "Silicon Valley is coming," warns Dimon. "There are hundreds of startups with a lot of brains and money working on various alternatives to traditional banking." What the executive is referring to is nothing else but the financial-technology …