The investment arm of Morgan Stanley, known as Counterpoint Global, considers adding Bitcoin to its potential assets and companies’ list. The entry of th$150 billion entity would expand the investment sphere of Bitcoin. Counterpoint Global As reported by Bloomberg, Morgan Stanley’s unit, Counterpoint Global, is planning to introduce Bitcoin to investors. However, Counterpoint Global needs […]
As compared to gold, Bitcoin has a lot of potential to grow, according to Bloomberg strategists. Over the last few years, crypto-inspired people have said that Bitcoin would overturn gold in the long-term. Bloomberg’s strategists have compared the top digital currency with the gold-based exchange-traded funds (ETFs). As a result of the comparison, the strategists […]
Cathie Wood, the Chief Executive Officer (CEO) of the global asset management firm Ark Investment Management has become one of those high profile personalities that have acknowledged the worth of Bitcoin (BTC), the largest crypto in the world in terms of market value. She has claimed that the first-ranked cryptocurrency is the first genuinely global […]
The Bitcoin dominance has touched a two-month low position as major altcoins are doing their best. Ethereum, the leading altcoin, has reached a new all-time high today. Global Crypto Market Cap Nears $1 Trillion The global crypto market is close to touching $1 trillion as major cryptocurrencies are booming. Bitcoin is not the only cryptocurrency […]
Two new studies show Bitcoin is included in the list of largest market bubbles. Investors think the top digital price would reduce in half over the year. Deutsche Bank’s survey Wealthy investors are mostly concerned from two entities, the US tech stocks and Bitcoin, because they are overpriced. Deutsche Bank’s survey takes views of wealthy […]
Bitcoin rapid price fluctuations suggest that people should think before pouring money into the cryptocurrency. Some financial experts believe one may lose money if one does not understand crypto assets before investing. On Friday, the price value of the high-flying crypto recorded $41,973. After reaching high, it then crashed by 15% on Monday, thus liquidating […]
Similar to Grayscale’s Bitcoin Trust, Osprey has launched its product known as OBTC. Grayscale’s competitor is now in the market, but we will see whether it become successful in catching the attention of wealthy investors or not. Competitor of Grayscale OBTC is an over-the-counter trust, which will function similarly to GBTC. According to the company, […]
On-chain metrics show miners have generated a lot of revenue from the ongoing Bitcoin rally- from $20,000 to above $40,000. The diversity in the mining infrastructure is a good thing for the network’s security. Record Increase in the Past Two Years Analytics firm Glassnode revealed over Twitter that “cumulative” miner revenue has crossed above $20 […]
