Tag: Wall street

A recent MLIV Pulse survey has shed light on the sentiments of Wall Street traders regarding the future of the world’s biggest crypto Bitcoin. Considering Bitcoin’s recent struggles, several Wall Street investors expect the leading crypto to rather sink to $10k support than rising soon. Few Expect a Recovery MLIV’s new study warns Bitcoin bulls and expects the bearish period to probably last longer than earlier predicted. Over the past few months, crypto prices have continued to fall, the bearish…

Multiple Wall Street industrial trading companies have recently made plans to boost their cryptocurrency trading activities. The financial startups may soon open new business ventures to acquire a lump sum of crypto assets to trade. The most prominent players in the United States equity market have shifted their focus to digital assets. Some of these companies include Jump Trading, Jane Street and GTS. Wall Street Eyes Cryptocurrency Trading Several renowned Wall Street companies command trading respect on a global sphere. Additionally, they take up…

The prominent feature of digital assets, high volatility, has often deterred new entrants from participating in the crypto trading market. However, as more institutional investors and Wall Street giants flock into the market, cryptocurrencies are entering the mainstream, transforming the asset class into an absolute goldmine. As a result, more folks are now looking for robust trading strategies to help them win more and halt losses. Rather than just letting herd mentality guide their trading, crypto investors depend on technical…

American investment bank Morgan Stanley could be the next major financial institution to bet on bitcoin and cryptocurrencies. The investment bank is exploring adding bitcoins to its portfolio.   Investment Group Mulling Crypto Adoption American news outlet Bloomberg on Saturday revealed this latest development. According to the report, Counterpoint Global, a branch of the Morgan Stanley investment group, explores whether cryptocurrency would be a good option for its investors.  It further says that the group is currently in the consultation phase.…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1 trillion. Bitcoin increased by nearly 3% over the week to trade again above $33,000. Ethereum set a new all-time high (ATH) at 1,467.48 on Monday. XRP’s value skyrocketed by nearly 80% after Ripple hit back at the SEC in a fraud allegations lawsuit. Wall Street investors lost billions of dollars after a group…