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JMP Securities Expects $1.5 Trillion to Flow Into Bitcoin as Retail Wealth Management Industry Follows Morgan Stanley to Offer BTC to Clients
24.3.2021
JMP Securities has predicted that “$1.5 trillion of incremental capital” could flow into bitcoin, an amount greater than the cryptocurrency’s current market cap. The firm sees more wealth management companies following Morgan Stanley’s example to offer bitcoin to their...
NYDIG cuts Bitcoin fee to 0.3% for investors as Morgan Stanley opens floodgates
24.3.2021
Competition among institutional Bitcoin services continues to heat up as fees are slashed in time for a fresh herd of investors entering
Mad Money’s Jim Cramer Says Gold Let Him Down, Put 5% in Bitcoin
23.3.2021
Mad Money host Jim Cramer, a long-term gold proponent, says that gold has let him down. He has become more bullish on bitcoin, advising investors to put 5% of their portfolios in the cryptocurrency to protect their assets. Jim Cramer Reduces Gold Holdings, Increases Bitcoin Allocation In...
Morgan Stanley Rules out M&A Deal for Bithumb, Binance Is 'Always Open'
23.3.2021
The American investment banking powerhouse Morgan Stanley has dismissed reports linking it to a possible M&A deal for the South Korean market-leading crypto trading platform Bithumb as “unfounded.” Meanwhile, Binance reiterated that they're always open for possible partnerships.
Per the South...
Report: JP Morgan Boss ‘Not Happy’ as Capital Positions Exemption for Big Banks Ends
23.3.2021
On March 19, 2021, the U.S. Federal Reserve Board published a press release that detailed the temporary supplementary leverage ratio easements will be expiring as scheduled. U.S. banks will no longer have the relaxed capital requirements they once held since the onset of the Covid-19 outbreak....
South Korean internet giant Naver reportedly joins Bithumb stake race
22.3.2021
Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange
Morgan Stanley rumored to be eyeing stake in top Korean exchange Bithumb
19.3.2021
Korean media has reported that Morgan Stanley is in talks with Bident — who owns a 10% of Bithumb Korea
Morgan Stanley Rumored to Negotiate Bithumb Deal
19.3.2021
US-based major investment bank Morgan Stanley is in negotiations to buy a stake in South Korean leading crypto exchange Bithumb, per local media reports.
It was reported by Asiae and Naver, citing an undisclosed source within Bithumb.
Accounting firm Samjong KPMG, an M&A advisor for Bithumb...
Stock Exchange SIX Aims to List Bitcoin on SDX, Crypto Trading Platform to Launch This Summer
18.3.2021
On March 17, a report detailed that the digital exchange being developed by Switzerland’s principal stock exchange SIX is preparing to launch by the summer of 2021. The exchange called SIX Digital Exchange (SDX) reportedly will also offer bitcoin, alongside the possibility of non-fungible...
Morgan Stanley Making 3 Bitcoin Funds Available to Clients
18.3.2021
One of the largest U.S. investment banks, Morgan Stanley, will be offering its wealth management clients access to bitcoin funds. Goldman Sachs, JPMorgan Chase, and Bank of America’s wealth management divisions do not currently allow their advisors to offer direct investment in bitcoin funds....
$60K Bitcoin price back in sight after Morgan Stanley and Fed announcements
18.3.2021
Bitcoin bulls are making a renewed push toward $60,000 after the Federal Reserve and Morgan Stanley made announcements that could bode well for BTC price
Morgan Stanley introduces Bitcoin investing for millionaire clients
17.3.2021
Public Bitcoin acceptance continues to grow as Morgan Stanley provides another on-ramp for mainstream capital
'Time To Get Educated': Morgan Stanley Brings BTC Funds To Rich Clients
17.3.2021
Major US-headquartered investment bank Morgan Stanley aims to offer three bitcoin (BTC) funds to its rich clients as early as next month, while it stressed that it's time for investors to get educated about this nascent asset class.
The news about the funds that enable ownership of bitcoin were...
NYDIG head says major firms will announce Bitcoin ‘milestones’ next week
17.3.2021
“I know starting more or less next week, you’re going to see an absolute drumbeat of pretty game-changing milestones from some of these firms.” — Stone Ridge co-founder
JP Morgan Launching Crypto Investment Product Tracking Public Company Stocks With Bitcoin Exposure
10.3.2021
JP Morgan is launching a structured investment product based on the performance of its “Cryptocurrency Exposure Basket,” which tracks stocks of publicly traded companies with exposure to cryptocurrencies. The weight of each stock is “determined based in part on exposure...
Soros Fund, New York Life, Morgan Stanley Among Investors of $200 Million in Bitcoin Investment Firm
9.3.2021
Soros Fund Management, New York Life, and Morgan Stanley have joined Stone Ridge Holdings, Massmutual, FS Investments, and Bessemer Venture Partners to invest in bitcoin-focused investment company NYDIG. They will collaborate on a range of bitcoin-related strategic initiatives, and expect to launch...
Morgan Stanley, Soros Tap Into Bitcoin, Speedy Taproot, Ethereum's Berlin + More News
8.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
US-based NYDIG, a Stone Ridge-run subsidiary firm that provides crypto services to institutional investors, said it raised...
Writer Torrey Peters Wants a Punk Utopia for Trans Girls and a Cuisinart Mixer
8.3.2021
My friend and colleague Harron Walker once found it difficult to preface the force that is Torrey Peters. Now, here I am, repeating that confusion, at a loss for how to possibly describe a writer who refuses to be pinned down by other’s expectations. Her debut novel, Detransition, Baby, published...
NYDIG raises $200M from strategic partners as total Bitcoin custody tops $1B
8.3.2021
NYDIG and its strategic partners will work together on Bitcoin-related initiatives following a $200 million funding round
JP Morgan Poll: 22% of Investors Say Their Institutions Likely to Trade or Invest in Cryptocurrencies
6.3.2021
A recent JP Morgan poll found that 22% of the respondents said their respective organizations were likely to trade or to invest in cryptocurrencies. This figure (22%) is double the percentage of respondents (11%) who said yes when asked if their respective organizations were already trading or were...