Wall Street Firms Set Sights on Crypto Markets Trading Positions

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…

Causes of Resistance Levels when Trading Cryptocurrencies

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 Considering Offering Bitcoin To Investors

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.…

WMA: Elon Musk fuels Bitcoin surge as Wall Street takes a beating at its own game

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…