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Citi Sees ‘Very Rapid’ Accumulation of Interest in Bitcoin — Contemplates Launching Crypto Services
9.5.2021
Citigroup is reportedly seeing a “very rapid” accumulation of interest in bitcoin across a broad spectrum of clients, including large asset managers. The bank is now considering launching its own crypto services as a growing number of banks are offering bitcoin-related services to their...
Morgan Stanley Says Central Bank Digital Currencies Not a Threat to Cryptocurrencies
20.4.2021
Major investment bank Morgan Stanley believes that central bank digital currencies are not a threat to the existence of cryptocurrencies. The bank believes that both types of digital currencies can coexist because they serve different purposes and have different appeals. Cryptocurrencies and CBDCs...
Morgan Stanley Adds Bitcoin to 12 Mutual Funds’ Investment Strategies
2.4.2021
Morgan Stanley has filed with the U.S. Securities and Exchange Commission (SEC) to add bitcoin exposure to 12 of its mutual funds’ investment strategies. These mutual funds may invest in bitcoin futures as well as obtain indirect exposure to the cryptocurrency through investments in Grayscale...
Morgan Stanley adds Bitcoin exposure to 12 investment funds
1.4.2021
Bitcoin exposure has been added to the end of “Other Securities and Investment Strategies” sections for a dozen investment funds
Morgan Stanley's Exposure to Bitcoin, Dr. Luke Prescribes BTC + More News
1.4.2021
Investments news
12 institutional funds, managed by US-based major investment bank Morgan Stanley, may have exposure to bitcoin (BTC) indirectly through cash-settled futures or indirectly through investments in Grayscale Bitcoin Trust, the bank said in a filing on March 31. Separately, as reported...
Goldman Sachs to Offer ‘Full Spectrum’ of Bitcoin Investments
31.3.2021
Goldman Sachs has revealed that it will be offering bitcoin investments to its wealth management clients. The investment bank reportedly plans to offer a “full spectrum” of bitcoin investments, “whether that’s through the physical bitcoin, derivatives or traditional...
Boomers Next to Adopt Crypto, a Trillion Dollars Could Flow Into Bitcoin Over the Next Year, Says Novogratz
29.3.2021
Galaxy Digital CEO Mike Novogratz has predicted that as much as a trillion dollars could flow into bitcoin over the next year as wealthy baby boomers get into cryptocurrency. With the example of Morgan Stanley, he says that more banks will start offering bitcoin exposure to their customers....
Survey Shows 77% of Americans Are Concerned About Rising Inflation, Prices for Goods Are Soaring
28.3.2021
Since well before the Covid-19 outbreak was found in America, the U.S. Federal Reserve invoked a number of monetary easing policies. Then throughout 2020, the central bank created a quarter of all the USD ever issued in less than 12 months to help the economy during the outbreak. Despite Fed Chair...
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
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...
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