The billionaire investor conveyed his predominantly bullish opinions on the crypto ecosystem during a recent online interview
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.
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Blockchain tech allows for the creation of a community-governed system that is fundamentally incompatible with traditional finance.
8560The Nasdaq-listed company recently announced it added another 5,050 Bitcoin to its coffers for about $242.9 million.
9918After launching a Bitcoin investment tool for millionaires earlier this year, Morgan Stanley is diving deeper into crypto.
7895Wells Fargo is offering its wealthy clients indirect exposure to Bitcoin through a new fund issued in partnership with NYDIG and FS Investments.
7260The benchmark cryptocurrency retreated alongside risk-on markets as investors shifted their exposure to the U.S. dollar.
12108AMC chairman and CEO Adam Aron revealed the American cinema giant is looking to accept Bitcoin payments for movie tickets in response to customer demand.
10747Alameda 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.
21887The S&P Cryptocurrency Broad Digital Market Index is being launched alongside four other benchmarks that track cryptocurrencies based on market capitalization.
8155Reports 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.
4545Morgan Stanley Tactical Value and Blockchain Capital have led a funding round for Securitize.
2719Bitwise has attracted significant investments from major American institutional investors to the tune of $70 million.
5005GME and AMC push to greater highs on the back of memes as correlations with crypto begin to emerge.
15352CEOs of major American banking institutions are heading to Washington to face legislators' questions about how they will aid a post-pandemic economic recovery.
6694Coinbase stock is the best way for investors to gain exposure to the crypto industry and avoid volatility, according to Goldman Sachs analysts.
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