Morgan Stanley Making 3 Bitcoin Funds Available to Clients

Morgan Stanley to Make Bitcoin Funds Available to ClientsOne 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. Morgan Stanley to Offer Wealth Clients Access to Bitcoin Funds Investment […]

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Visa Anticipates Cryptocurrency Becoming ‘Extremely Mainstream’ — Working to Allow Bitcoin Use at 70 Million Stores

Visa Anticipates Cryptocurrency Becoming 'Extreme Mainstream' — Reveals Plans for BitcoinVisa CEO Al Kelly anticipates that cryptocurrency could become “extremely mainstream” within five years. He is working to position Visa in the middle of it should cryptocurrency take off. He further confirmed that Visa is working to allow bitcoin purchases, in addition to enabling the cryptocurrency to be used at 70 million stores where Visa […]

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Grayscale Launches 5 New Crypto Investment Products as Investor Demand for Cryptocurrencies Soars

Grayscale Launches 5 New Crypto Investment Products as Demand for Cryptocurrencies SoarGrayscale Investments has launched five new cryptocurrency investment products, which are now available for subscription by eligible individual and institutional accredited investors. The company now offers a total of 14 crypto investment products. The new products are the Basic Attention Token (BAT) Trust, the Chainlink (LINK) Trust, the Decentraland (MANA) Trust, the Filecoin (FIL) Trust, […]

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Inflation Concerns Supersede Covid-19: 220 Investors Managing $650B Say Economy’s Biggest Risk Is Inflation

Inflation Concerns Supersede Covid-19: 220 Investors Managing $650B Say Economy's Biggest Risk Is InflationAs mainstream media pundits like the Bloomberg economics editor Peter Coy tell Americans to “tune out the hyperinflation hype,” fund managers from a recent Bank of America survey who collectively manage $630 billion, believe inflation is the biggest risk to markets right now. Instead of the former concern over Covid-19, the current number one risk […]

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Cryptocurrency and Stock Trading Platform Etoro Aims to Go Public Through a $10.4 Billion SPAC Deal

Cryptocurrency and Stock Trading Platform Etoro Aims to Go Public Through a $10.4 Billion SPAC DealThe online cryptocurrency and stock brokerage platform Etoro has announced the company is going public via a deal with a special purpose acquisition company called Fintech Acquisition Corp V. The Etoro merger is a $10.4 billion deal, backed by the banking entrepreneur and Fintech Acquisition Corp V chair Betsy Cohen. Etoro Enters a Special Purpose […]

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Valkyrie Hopes to Launch ‘Innovative Balance Sheet ETF’ Backed by Companies Exposed to Bitcoin

Valkyrie Hopes to Launch 'Innovative Balance Sheet ETF' Backed by Companies Exposed to BitcoinAt the end of January, the Texas-based firm Valkyrie Digital Assets filed an exchange-traded fund (ETF) registration for the “Valkyrie Bitcoin Trust” with the U.S. Securities and Exchange Commission (SEC). This month, the cryptocurrency investment manager announced it has filed a prospectus for an ETF with the SEC based on companies that hold the leading […]

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Survey Unveils 72% of US Accredited Investors Are Planning to Invest in Defi in 2021

Survey Unveils 72% of US Accredited Investors Are Planning to Invest in Defi on 2021A new survey revealed the latest trend among accredited investors in the United States, targeting the decentralized finance (defi) sphere. The study shows that a vast majority of them are likely to invest in defi this year. 70% of the Respondents Already Invested in Bitcoin According to Xangle, who surveyed 379 accredited investors, 67% of […]

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The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal’s Scarcity Is Hard to Prove

The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal's Scarcity Is Hard to ProveA myriad of gold bugs like to compliment the yellow precious metal for its ostensible scarcity, as estimates say only 2,500 to 3,000 tons of new gold is produced annually. While new gold discoveries have seemingly slowed, investigative studies also show that in some areas, gold is being smuggled into the economy by the ton, […]

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