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The central banking system in the U.S. and the country’s megabanks have manipulated the economy for quite some time and these days, the coronavirus has been a great excuse to create trillions for stimulus. A recent report from the analysts at Wall Street on Parade indicates that American citizens could be responsible for 98% of … Read more
Morgan Stanley is buying online trading firm E*Trade Financial Group, making it the bank’s largest takeover since the crisis of 2008 Go to Source Powered by WPeMatico
Former Morgan Stanley developers launch a new cryptocurrency derivatives trading platform in Singapore Go to Source Powered by WPeMatico
A new study reveals surging investments in cryptocurrencies by institutional investors, with almost half of them viewing crypto assets as having a place in their portfolios. “Institutional investors are overwhelmingly favorable about the appealing characteristics of digital assets,” Fidelity Investments described. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Institutional Investors See … Read more
“They’re now realizing what we’ve known for years: OTC trading desks already play an integral role in crypto.” The world’s biggest crypto exchanges scramble to cater to institutional investors Go to Source Powered by WPeMatico
For years, bitcoin exchange traded funds (ETFs) have been struggling to get off the ground and receive approval from the U.S. Securities and Exchange Commission (SEC). Passive fund providers are now arguing there is sufficient market liquidity for a bitcoin ETF to be launched in 2019. Also read: SEC Wants Second Look at Nine Bitcoin ETFs … Read more
Morgan Stanley fine reveals that it’s the financial industry that has a problem with money laundering, not crypto Go to Source Powered by WPeMatico
At press time, the father of cryptocurrency is trading for just under $4,000, marking little to no change since our last price piece. We’re in the final days of the month, and while December has often brought a sense of magic and stamina to bitcoin we rarely witness throughout the rest of the year, it’s … Read more
Wall Street’s “dreams” of crypto businesses are now shelved and in limbo, Bloomberg writes, citing multiple sources Go to Source Powered by WPeMatico
It’s the season of joy all over the world, and the crypto industry is just as radiant. The market is swimming in green, with XRP and Ethereum leading the pack. The two gained 18 and 20 percent respectively in the past 24 hours, with Stellar and TRON each gaining 10 percent. Bitcoin rallied to hit … Read more
