Tags : Stanley

Bitcoin

‘I felt like a moron’ for not buying Bitcoin, says

Billionaire investor Stanley Druckenmiller has not too long ago defined why invested solely $20 million in Bitcoin (BTC), skeptical of Ethereum (ETH), and prefers to fake that Dogecoin (DOGE) doesn’t exist in any respect. “For the primary transfer in Bitcoin—I believe from like $50 to $17,000—I simply sat there aghast. And […] I wished to […]Read More

Bitcoin

Morgan Stanley approves Bitcoin investments for a dozen new funds

American funding financial institution Morgan Stanley plans to permit a dozen of its funds to put money into Bitcoin through cash-settled futures and the Grayscale Bitcoin Belief (GBTC), in response to its filing with the Securities and Change Fee revealed yesterday. “Sure Funds could have publicity to bitcoin not directly by way of money settled […]Read More

Bitcoin

US bank Morgan Stanley to launch three Bitcoin funds

Morgan Stanley will quickly launch two Bitcoin-focused funds as demand for cryptocurrencies picks up amongst institutional purchasers, reported enterprise outlet CNBC on Thursday, citing two individuals with information of the matter. The financial institution has, to date, remained cautious of introducing crypto companies or implementing instruments that support the adoption and use of the asset […]Read More

Market

Morgan Stanley Unit Considers Bitcoin Investment: Bloomberg

Morgan Stanley’s $150 billion Counterpoint International funding unit is contemplating putting a wager on bitcoin, in accordance with a report by Bloomberg, which cited individuals accustomed to the matter. CORRECTION (Feb. 13 15:57 UTC): Corrects that the funding arm has $150 billion underneath administration. Source linkRead More

Market

More People HODLing Bitcoin Hurts Case for Buying, Selling With

Bitcoin liquidity seems to be falling because the demand that has pushed the current bull market seems to be concentrated amongst a comparatively small variety of buyers who’re unwilling to promote, in accordance with new analysis by Morgan Stanley. That lack of liquidity doubtlessly hurts its use for transactions, the funding financial institution stated. Addresses […]Read More