Morgan Stanley exec says Bitcoin is the ‘Kenny from South Park’ of money
Morgan Stanley exec claims that Bitcoin continues to rise from the dead like the cartoon character Kenny in South Park. Go to Source Powered by WPeMatico
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Morgan Stanley exec claims that Bitcoin continues to rise from the dead like the cartoon character Kenny in South Park. Go to Source Powered by WPeMatico
After launching a Bitcoin investment tool for millionaires earlier this year, Morgan Stanley dives deeper into crypto. Go to Source Powered by WPeMatico
Global investment bank Morgan Stanley is establishing a new cryptocurrency research team. “The launch of dedicated crypto research is in recognition of the growing significance of cryptocurrencies and other digital assets in global markets,” the bank said. Morgan Stanley Sets Up New Research Team Morgan Stanley is launching a dedicated cryptocurrency research team, Bloomberg reported … Read more
The Hungarian-born American billionaire investor George Soros’ investment fund is actively trading bitcoin investment products, according to reports. Undisclosed sources reveal that bitcoin trading got the green light from the Soros Fund Management chief investment officer (CIO) Dawn Fitzpatrick. Soros Fund Management Reportedly Has ‘Greenlight’ to Trade Bitcoin At the end of March, Bitcoin.com News … Read more
The investment bank reported owning a significant stake in GBTC as of April 30, according to a recent filing with the SEC. Go to Source Powered by WPeMatico
Morgan Stanley Tactical Value and Blockchain Capital have led a funding round for Securitize. Go to Source Powered by WPeMatico
Downside risks for BTC price are also heightened due to the recent dollar bounce. Go to Source Powered by WPeMatico
Banks in smaller countries like Latvia, Estonia and Greece could be impacted harder by the digital euro, analysts said. Go to Source Powered by WPeMatico
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 Can Coexist Morgan Stanley’s analysts, including chief economist Chetan Ahya, discussed the … Read more
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 Bitcoin Trust, the filing details. Bitcoin Exposure for 12 Morgan … Read more