‘The Drug Is Gone’: Mike Novogratz Compares Current Bitcoin Markets to ‘Methadone Clinic’
Comparing the current Bitcoin market to last year’s price highs, investor Mike Novogratz said “we’re at the methadone clinic” Go to Source Powered by WPeMatico
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Poloniex Joins Fight for Institutional Investor Market With Dedicated Accounts
Circle-owned crypto exchange Poloniex forms latest player in the institutional investor market Go to Source Powered by WPeMatico
“Wall Street’s Bookkeeper” Enters Test Phase of DLT Replatforming Along With 15 Major Banks
Post-trade market infrastructure behemoth, the Depository Trust & Clearing Corporation, announced the start of its active test phase to replatform its Trade Information Warehouse via DLT technology. Cointelegraph has collated all of the updates so far: Go to Source Powered by WPeMatico
Updated Morgan Stanley Report Hails Cryptocurrency as ‘New Institutional Investment Class’
Morgan Stanley report says crypto remains “institutional investment class,” regardless of bear market volatility Go to Source Powered by WPeMatico
Morgan Stanley Is Still Struggling to Understand Bitcoin
Like many late arrivals to cryptocurrency, Morgan Stanley doesn’t quite know what to make of bitcoin. The investment bank understands money, unless that money is peer-to-peer digital cash, in which case it struggles. Its latest report into the cryptocurrency ecosystem reveals its shifting stance on bitcoin. Also read: Bitcoin.com Store Now Offers Hundreds of Top-Branded Gift … Read more
Fundstrat’s Tom Lee ‘Pleasantly Surprised’ by Recent Stability of Bitcoin
Bitcoin analyst Tom Lee is “pleasantly surprised” by the recent stability of Bitcoin, given “how small BTC is in terms of market capitalization Go to Source Powered by WPeMatico
Bitcoin Intentions: Are We Aiming to Replace the Status Quo or Become Them?
When the idea of a working digital currency like bitcoin was introduced, many of its early adopters disliked the current bureaucratic system, with a cartel of bankers pulling the world’s monetary strings. Over time, however, something weird has happened and the idea of permissionless innovation perverted into people literally asking nation states for permission, begging … Read more
Former NASDAQ Subsidiary Exec Joins Crypto Exchange Gemini’s Client Service Team
A former COO of a NASDAQ subsidiary joins Gemini to develop its marketplace and attract institutional investors Go to Source Powered by WPeMatico
Bitcoin Price: Wall Street Optimistic, Enthusiasts Pessimistic According to Fundstrat
44 percent of those surveyed on crypto Twitter believe the price of bitcoin core (BTC) has a ways to go before finding bottom, while over half of Wall Street and institutional investors seem to believe BTC’s bottom has been reached. The poll was conducted by Fundstrat, comparing the views comprised of 25 Wall Street related … Read more
Fundstrat Survey: 54% of Institutional Players Think Bitcoin Price Has Already ‘Bottomed’
Fundstrat’s survey: 54% of institutional investors vs 44% of respondents on Twitter agree that Bitcoin has hit the price bottom Go to Source Powered by WPeMatico