Bitcoin is still floating comfortably around $7,000 after a week in which it’s risen more than ten percent. Over at Bitcoin.com, the news is not so good. Candor, a site that lists jobs lost to the coronavirus, has reported that Roger Ver is planning to lay off half his company’s workforce. Ver has dismissed the claim as “more Bcash FUD.”
JP Morgan chairman and CEO, Jamie Dimon, who’s usually more dismissive than most, has praised the federal government’s $2 trillion stimulus package. But he’s dismissed its planning for the pandemic and warned that we could be heading into a new recession.