Stock Brokerage EF Hutton Rates Cryptocurrencies to Help Clients Track ‘Rapid Developments’
U.S. stock brokerage firm EF Hutton to begin crypto research and ratings with seven assets and two businesses Go to Source Powered by WPeMatico
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Digital Wealth Management Firm Apex Clearing to Launch Crypto Investment Subsidiary
The end of 2018 should see Apex Clearing offer clients cryptocurrency access Go to Source Powered by WPeMatico
Goldman Sachs Out: No Crypto Trading Desk, Markets Fall
Investment bank Goldman Sachs is ditching its plans to open a cryptocurrency trading desk, reports detail. It was only early last month when rumors circulated that the legacy financial institution was even doubling down on their digital asset fever. That appears not to be the case anymore, and markets are not taking the news well. … Read more
Square’s Big Week: Crypto Patent, Shares Leap and Lightning Plug
Smartphone app payments company Square has had a pretty big week. It was revealed the company is further dipping its toes in the cryptosphere through a granted payments patent, and it’s causing quite a stir. Wall Street analysts have deemed the company a golden goose, thereby helping its stock price jump by 6%, and it’s … Read more
Fundstrat’s Tom Lee: ‘Correlation’ Between BTC and Emerging Markets Is Sign of Upcoming Trend Reversal
Fundstrat’s Head of Research Tom Lee points out a “correlation” between Bitcoin and emerging markets as a sign of upcoming downtrend reversal on both of them Go to Source Powered by WPeMatico
Analysts: Crypto Trading Revenue Could More Than Double in 2018
A new report from analysts Sanford C. Bernstein & Co. claims that revenue generated by cryptocurrency exchanges could more than double to hit $4 billion in 2018 Go to Source Powered by WPeMatico
BCG Report Offers ‘Reality Check’ for Blockchain in Commodities Trading
Major U.S. consulting firm BCG has released an in-depth report, which it dubs a “reality check” for the use of blockchain in the commodity trading industry Go to Source Powered by WPeMatico
‘Soft’ Crypto ETF Alternative Now Geared Towards U.S. Investors, Says Bloomberg
A Bitcoin-based exchange traded note (ETN) listed on the Nasdaq Stockholm exchange is now being quoted in dollars, targeting U.S. investors, Bloomberg reports Go to Source Powered by WPeMatico
Notes From the Brink: Reasons Behind the Crypto Bear Market
Cointelegraph delves into the potential reasons why the crypto market stumbled this week, despite growing adoption from big financial names worldwide Go to Source Powered by WPeMatico
Goldman Sachs Leads $32 Million Funding Round for Enterprise Blockchain Startup Axon
Enterprise-focused blockchain startup Axoni has raised $32 million in a funding round led by Goldman Sachs, joined by JPMorgan, Wells Fargo, Citigroup and others Go to Source Powered by WPeMatico
