Bitwise’s CIO Matt Hougan’s comments come as Bank of America’s Merrill Lynch and Wells Fargo reportedly started offering spot Bitcoin ETFs to its wealth clients.
Morgan Stanley News
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Morgan Stanley’s head of digital assets, Andrew Peel, warns that a “paradigm shift” in the perception and use of digital assets could impact U.S. dollar leadership.
4144A spot Bitcoin ETF will bring fresh money to the market, but it will not change a fundamental reality: Bitcoin liquidity is declining.
4813Bitcoin has decoupled from stocks and continues to rise 10 years after the Cyprus banking crisis coincided with a BTC price boom.
18652Bitcoin bulls aim to push BTC price to $18,000, and options data outlines clear reasons why.
8923The banking giant estimated that El Salvador wouldn’t face any issues with its debt payment for another year, despite the crisis it’s facing currently.
5419As more and more financial giants set up crypto research teams, experts see this trend continuing to gain traction in the future.
2544More capital enters the flagship Grayscale trust as it eyes regulator approval to become an exchange-traded fund later this year.
11395“Ethereum demand is tied more closely to transactions. Therefore, similar scaling constraints hurt Ethereum demand more than they suppress Bitcoin demand,” Morgan Stanley’s report reads.
13562JPMorgan Chase calls for calm in the crypto market. In a recent client survey, just 5% believe Bitcoin will have hit $100,000 by year-end.
8321The investment firm's exposure to Bitcoin across three major funds totals roughly $303 million with 6,626,381 shares as of Sept. 30.
12846Investment bank strategists say that BTC could climb as high as $73,000 if markets remain frothy.
18612The investment firm has increased its shares of GBTC by more than 105% since April.
15775Morgan Stanley exec claims that Bitcoin continues to rise from the dead like the cartoon character Kenny in South Park.
17312The analogy appeared in anticipation that Bitcoin could post a 2017-like bull run, in which the price rose by more than 1,900%.
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