Der Begriff „Papier-Gold“ hat sich in den letzten Jahren zumindest in manchen Kreisen als Oberbegriff für Gold-Derivate durchgesetzt. Im Unterschied zu physikalisches Gold, das in der Realwirtschaft in Form von Barren, Münzen und Schmuck gehandelt wird, bietet die Finanzwirtschaft Produkte in Form verschiedener Derivate an. Gold ist eben kein Rohstoff. Es wird kaum verbraucht – und was verbraucht wurde, wird später wiederverwertet. Daher existieren auf Gold ziemlich viele...
Read More »Morgan Stanley: Tesla Has Fallen Thanks to Elon Musk and BTC
Tesla is going through a bit of a slow period right now, and according to analysts of Morgan Stanley, this may be because of Elon Musk and his obsession with bitcoin. Elon Musk Is Driving Tesla Shares Down Elon Musk has gone back and forth in recent months regarding the world’s number one digital currency by market cap. The South African entrepreneur sent the currency sky high in the month of February when he decided to purchase approximately $1.5 billion worth of the...
Read More »Novogratz: Reich werden mit Bitcoin ist schwer!
Man wird nicht einfach reich mit Bitcoin. Dies sagt selbst der bekannte Millionär Michael Novogratz. Warum denken die Leute man wird mit Bitcoin reich? Es sind einerseits die Geschichten in den Medien von ganz wenigen Einzelfällen. Die Massenmedien lieben diese Geschichten und publizieren dasselbe immer wieder und wieder. Und ob diese Geschichten wahr sind, überprüfen die Journalisten selten bis nie. Andererseits ist es aber auch die Gier, da es um Geld geht: Wenn ein...
Read More »Coinbase Is Now One of the Largest Financial Companies… Ever
Citigroup, Morgan Stanley and BlackRock are all huge companies in the financial space, but they cannot hold a candle to Coinbase, which is arguably on track to becoming one of the largest – if not the largest – crypto exchanges across the globe. Coinbase Is the Biggest One on the Block Coinbase has now been trading publicly on the Nasdaq for a couple of days, and the exchange – which was already quite large – is growing thanks to its new IPO (initial public offering)....
Read More »Morgan Stanley Files to Receive BTC Exposure of up to 25% for a Dozen Funds
Shortly after announcing plans to enable its institutional customers access to the first-ever cryptocurrency, Morgan Stanley has doubled down by filing documents with the SEC to allow 12 of its funds to gain BTC exposure through the Grayscale’s Bitcoin Trust or cash-settled futures. CryptoPotato reported back in February that a unit of Morgan Stanley Investment Management called Counterpoint Global explored whether or not to enable its investors to receive access to BTC. ...
Read More »Morgan Stanley Reportedly Planning to Buy a $440M Stake in Crypto Exchange Bithumb
Just a few days after news broke that Morgan Stanley will enable its institutional clients to buy bitcoin, the giant investment bank has reportedly started negotiations to purchase a stake in the largest South Korean cryptocurrency exchange – Bithumb. According to coverage from the Asian media website Naver News, Morgan Stanley is the latest prominent entity from the traditional financial space to consider a purchase in Bithumb. The giant bank reportedly plans to acquire a major stake in the...
Read More »Wall Street Giant Morgan Stanley to Enable Institutional Clients Access to Bitcoin
Just a few months after America’s oldest bank announced bitcoin custody services, the Wall Street giant Morgan Stanley will start offering its clients access to BTC funds. Nevertheless, the bank has outlined bitcoin’s risky nature and said that only people with “an aggressive risk tolerance” should take advantage of the service. By citing an internal memo sent by Morgan Stanley to its financial advisors, CNBC reported the significant milestone in BTC’s adoption cycle earlier today. The...
Read More »Morgan Stanley Is Pondering Getting Involved in BTC Investing
The age of institutions has arrived. With companies like MicroStrategy and Tesla investing billions of dollars into bitcoin – the world’s number one digital currency – it appears many leading companies are finding the confidence to follow suit, and now Morgan Stanley – one of the most prominent financial firms in the world – will step into the bitcoin fray according to recent reports.Morgan Stanley Is Getting Involved in BTC TradesMorgan Stanley Investment Management’s Counterpoint Global...
Read More »Morgan Stanley Eyeing Bitcoin With Latest Acquisition
There is no denying that institutions and the big players have been the catalyst for this current crypto market cycle and that notion has been reaffirmed by Morgan Stanley’s latest acquisition.According to reports, Morgan Stanley’s investment management arm boosted a stake in Bitcoin vehicle MicroStrategy Inc. to more than 10% late last year.The move signifies a growing interest in crypto assets from major banks which are clearly paying more attention to the space.Boom!Morgan Stanley just...
Read More »Apple (AAPL) Stock Up Over 4% in Pre-Market, Company Is Now Producing Face Masks
Today’s pre-market rise of Apple (AAPL) stock follows its CEO’s announcement about designing and producing face shields for medical workers. The company is already in the process of donating over 20 million masks to healthcare professionals. On Friday, the stock of the Big Four technology company Apple Inc (NASDAQ: AAPL) closed 1.44% down at $241.41. Today, the situation has improved, and Apple stock is trading 4.06% up in the pre-market. At the moment of writing, it makes up $251.20 per...
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