Tag Archives: morgan stanley

This Year’s Theme: “On the Move” Throughout history, people have left their homes for a variety of reasons and have found themselves in faraway places. This has led to encounters with foreign lands, their inhabitants, their customs, their flora and fauna. Cultural heritage collections are full of artifacts resulting from and bearing witness to those people “on the move”: archival records, travel reports, audiovisual documents, object collections, oral histories etc. These...

Bitcoin continues to grab the world’s attention and increase its adoption levels, especially through the exchange-traded funds tracking its performance. In the latest major news on the ETF frontline, Morgan Stanley reportedly informed its financial advisors that they will be able to offer two Bitcoin ETFs to wealthy clients. Recall that the US Securities and Exchange Commission greenlighted 11 spot Bitcoin ETFs at the start of the year. Since then, the products have...

CoinspeakerBitcoin Market Cap Overtakes Silver, Eyes Gold’s Crown The recent surge in Bitcoin price, which saw a 2.6% increase in the past 24 hours, can be attributed to the success of spot Bitcoin ETFs. Bitcoin Market Cap Overtakes Silver, Eyes Gold’s Crown

CoinspeakerReddit IPO Roadshow Set to Kick Off, Anticipating $6.5B Valuation Reddit is targeting a price range of $31 to $34 per share, which could translate to a valuation of up to $6.5 billion. Reddit IPO Roadshow Set to Kick Off, Anticipating $6.5B Valuation

CoinspeakerElon Musk’s xAI Aims for $6B Funding to Challenge OpenAI Financial Times said the upcoming investment round is anticipated to be led by Morgan Stanley. Elon Musk’s xAI Aims for $6B Funding to Challenge OpenAI

In a recent publication, Morgan Stanley’s Head of Digital Assets, Andrew Peel, has cautioned about a potential “paradigm shift” in the perception and use of digital assets, emphasizing its potential impact on the U.S. dollar’s global dominance. Peel highlights that the rising interest surrounding assets such as Bitcoin, the surge in stablecoin volumes, and the emergence of Central Bank Digital Currencies (CBDCs) pose a significant challenge to the traditional role of the...

The report states that an increase in the adoption and use cases of Bitcoin and CBDCs could weaken the strength of the US dollar. Andrew Peel, the Head of Digital Assets at financial services giant Morgan Stanley (NYSE: MS), has warned that the use of cryptocurrencies like Bitcoin could negatively impact the US dollar. Peel said a potential paradigm shift in the way people view and interact with digital assets, including CBDCs (Central Bank Digital Currencies), could weaken the US dollar’s...

While WisdomTree is expanding its investment options with Bitcoin, the asset manager has also decided to liquidate five of its ETFs. WisdomTree, one of the major players in the financial industry, is considering the addition of Bitcoin (BTC) as part of its commodity exchange-traded fund (ETF), providing its customers with exposure to the crypto market without direct investment in the asset. According to a recent document released on Tuesday, the company proposed allocating around 5% of the...

Investment banking giant Morgan Stanley published a report on Tuesday arguing that Bitcoin (BTC)’s upcoming halving event in six months may be the dawn of a new bull market. With reference to Bitcoin’s “four seasons,” the bank claimed that “crypto winter” may already be over. Crypto Winter Is Over Morgan Stanley Wealth Management defines cryptocurrency “winter” as a period of the “four-year cryptocurrency cycle” that begins after Bitcoin taps an all-time high and investors...

Birkenstock confidently moves ahead with its IPO plans despite mixed performances of other listings in September. Goldman Sachs, JPMorgan, and Morgan Stanley shall be the underwriters for the IPO.  Birkenstock, the renowned German premium footwear brand supported by private-equity firm L Catterton, has announced its intention to pursue a highly anticipated initial public offering (IPO) in New York. For its IPO the company is targeting a valuation of up to $9.2 billion. In this IPO, the...