Alameda Research, headed by Sam Bankman-Fried, whose net worth lately has reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000.
Wall Street News
Wall Street is a street in a lower Manhattan, New York, that houses crucial financial companies, banks and exchanges. The Wall Street stock market is one of the most famous places of trade and includes the NYSE – the world’s largest stock exchange in terms of market capitalization. The significance of Wall Street and its impact is hard to overestimate, as the most influential financial companies from all over the world are gathered there.
More and more, large trading firms are becoming interested in Bitcoin due to the possibility of earning fast money. It is no wonder that the attitude toward cryptocurrency in the financial community has been becoming warmer due to the rise of interest among prestigious trading and investments companies on Wall Street. By 2018, some companies trading on the NYSE have included Bitcoin into their list of assets. Their involvement might help lessen the volatility of digital currencies, which is now one of the main factors that frightens off individual investors.
The S&P Cryptocurrency Broad Digital Market Index is being launched alongside four other benchmarks that track cryptocurrencies based on market capitalization.7963
Reports suggest that Steve Cohen’s Point72 hedge fund is searching for a “head of crypto” as the firm weighs up its options before entering the crypto market.4275
Morgan Stanley Tactical Value and Blockchain Capital have led a funding round for Securitize.2579
Bitwise has attracted significant investments from major American institutional investors to the tune of $70 million.4940
GME and AMC push to greater highs on the back of memes as correlations with crypto begin to emerge.15001
CEOs of major American banking institutions are heading to Washington to face legislators' questions about how they will aid a post-pandemic economic recovery.6544
Coinbase stock is the best way for investors to gain exposure to the crypto industry and avoid volatility, according to Goldman Sachs analysts.22407
There is huge demand for crypto companies to go public right now — but in this day and age, are initial public offerings their only option?55
The GameStop event may indicate a paradigm shift in the financial system — or even the creation of an entirely new one.44570
Trading, financing and custody services are being pursued by the investment bank.7660
After posting record-breaking growth in Q1 2021, digital wealth platform Betterment is still studying whether it needs to add crypto to its services.7520
S&P Dow Jones Indices introduces three crypto indexes to bring transparency to the emerging cryptocurrency market.13794
How many gallons of jet fuel does it take to send GameStop, Bitcoin and Dogecoin to the moon?23720
The BlockDown panel discussed the current issues but also the potential improvements for DeFi.5440