NYSE Trader Following Bakkt Launch: ‘Bitcoin Is Very Iffy’
An NYSE trader said in an interview with Yahoo Finance that currently Bitcoin is “very iffy,” commenting on the establishment of BTC exchange Bakkt Go to Source Powered by WPeMatico
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Crypto Price Watch: Most Major Currencies in the Red as Market Stumbles
Bitcoin (BTC) At press time, bitcoin is trading for about $7,485. This is roughly $60 less than where it stood 24 hours ago. Wall Street player Goldman Sachs explains that bitcoin’s recovery was a fluke; that the currency will never dominate the financial infrastructure, and future declines are expected. On the contrary, new payment company … Read more
Institutional Investors and Fintech: Will Wall Street Go Head-First Into Crypto?
How close are Wall Street institutions to entering crypto markets? JP Morgan, Goldman Sachs, Blackrock and Morgan Stanley on their way. Go to Source Powered by WPeMatico
Bitcoin Price Watch: Currency Stays Put as Analysts Consider the Future
At press time, the father of cryptocurrency is digging its heels into the ground and staying right where it is. In other words, the currency fell to $7,500 yesterday, and is remaining in this position. It’s not spiking any further, but it’s not dropping either, and we must take every bit of news as it … Read more
Tom Lee’s Market Research Firm Fundstrat Adds Bitcoin as Payment Method
Market strategy and research company Fundstrat to accept Bitcoin via BitPay for content and services Go to Source Powered by WPeMatico
Morgan Stanley Hires Credit Suisse Crypto Expert as Head of Digital Asset Markets
Multinational investment bank Morgan Stanley has hired a self-described crypto trading expert and 12-year veteran of Credit Suisse as its new head of digital asset markets Go to Source Powered by WPeMatico
Former Pershing Exec Jeff Horowitz Joins Coinbase as Chief Compliance Officer
Coinbase has hired Jeff Horowitz, formerly a managing director at Pershing LLC and a banking regulator with the FDIC, as its Chief Compliance Officer Go to Source Powered by WPeMatico
Bitcoin Dominates Fortune’s Most Impressive, Young Superstars List
“For the first time ever,” Fortune magazine announced, it “has assembled a supplementary honor roll of the most impressive, young superstars who are transforming business at the leading edge of finance and technology.” They’ve selected forty representatives from all over fintech, and each is under forty years old. Among them are many cryptosphere leaders finally … Read more
Bitcoin Breaks $7,500 Point After a Week of Solid Growth, BTC Dominance Goes Up
Crypto markets slightly fluctuate in a mix of red and green, Bitcoin reclaims the $7,500 barrier Go to Source Powered by WPeMatico
Bitcoin Price Watch: Currency Shoots Up to $7,500
At press time, bitcoin has reached $7,500, a coveted position according to most analysts. Many believe that $7,500 will lead the path to $8,000, and now that the first figure has been reached, the second will be easy as pie. One source explains that the big number to be concerned about, however, is $7,530, and … Read more