It’s been a horrible year for cryptocurrency. Assets down an average of 90 percent, constant despair and each new day bringing fresh horror. Who’d want to be a bitcoin trader? But when you zoom out beyond the cryptosphere to gain some perspective, it turns out that crypto’s not doing so badly after all. With trillions […]
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 […]
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September 15, 2018 brings the post-industrial financial world to a ten-year milestone. Lehman Brothers Holdings Inc. was officially shuttered on this day in 2008, rocking the entire planet. The event occurred just 110 days before a revolution its collapse helped to spawn: Bitcoin. A little-known economic philosopher, Ludwig von Mises, tried to warn many years ahead […]
The post A Decade After Lehman Brothers Died: Mises, Satoshi, Bitcoin, and Wall Street Worship appeared first on Bitcoin News.
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. […]
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Prominent Wall Street analysts from Fundstrat, Standpoint Research, and Galaxy Investment Partners are pointing to a coming bullish run on bitcoin, pushing the world’s most popular cryptocurrency beyond even the once-thought lavish 10,000 USD price point, and soon. Also read: Philippines to Legalize Bitcoin as a Security Wall Street’s Tom Lee Releases New Target CRYPTO FX (Lee): […]
The post Top Wall Street Analysts Set New Bitcoin Price Targets Above $10,000 appeared first on Bitcoin News.
Over the past few weeks, a string of surveys has provided an insight into the public’s perception of bitcoin. Japanese; Americans; millennials – all have been grilled regarding the world’s leading digital currency. One group that have yet to speak their piece en masse is institutional traders – until now. A newly released survey sheds […]
The post 62% of Institutional Investors are Buying or Considering Buying Bitcoin appeared first on Bitcoin News.
As hedge funds rush to enter the cryptocurrency space, the landscape for retail cryptocurrency investors is fundamentally changing before our very eyes. Marcel Chuo from news.Bitcoin.com sits down with Guy Zyskind, CEO of Enigma to discuss how his team is helping hedge funds that utilize artificial intelligence and automated bot trading enter the crypto space. […]
The post Artificial Intelligence Is Coming to Crypto Trading: An Interview with Guy Zyskind appeared first on Bitcoin News.
The Wall Street tycoon and JP Morgan CEO Jamie Dimon is once again talking about bitcoin investors in a derogatory fashion. On October 12, Dimon told CNBC that he was done talking about bitcoin and that it was basically irrelevant to him. However, Dimon won’t shut up about bitcoin as the bank executive called bitcoin […]
The post JP Morgan Boss Can’t Stop Talking About Bitcoin — Calls Investors “Stupid” appeared first on Bitcoin News.