Bitcoin Has Benefited From U.S. Dollar Liquidity to Support Banks: Morgan Stanley
Traders on Binance now set the daily price for BTC with the crypto exchange’s share of trading volume reaching 80%, the report said. Source
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Bitcoin Isn’t Trading as a Currency, but as a Speculative Asset: Morgan Stanley
The cryptocurrency isn’t isolated from the traditional banking system, and its price is supported by U.S. dollar liquidity, the report said. Source
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Digital Asset Inflows Will Slow Without On-Ramps Between Fiat and Crypto: Morgan Stanley
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’ – Economics Bitcoin News
On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the chief U.S. equity strategist at Morgan Stanley said the stock market
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Morgan Stanley Says Waning Stablecoin Issuance Could Impact Crypto Trading
New York-based banking powerhouse Morgan Stanley opines that a drop in stablecoin issuance is a negative sign for crypto trading. According to Morgan Stanley (NYSE: MS), a decrease in stablecoin issuance spells bad news for crypto trading. In a research report on Monday, the New York-based banking giant delineated the benefits of stablecoins
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Morgan Stanley CEO Says Inflation Has Peaked and China Has Made a Major Pivot – Economics Bitcoin News
Morgan Stanley CEO James Gorman says two changes have happened recently that “really matter” to the economy. The executive explained that inflation has clearly peaked and China has made a “major, major pivot” economically. Morgan Stanley’s CEO on U.S. Economy and Inflation The chairman and CEO of global investment bank Morgan Stanley,
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Morgan Stanley Posts Q4 2022 Report, Receives Huge Boost from Wealth Management Revenue
New York banking powerhouse Morgan Stanley has posted its Q4 2022 financial report, which reveals mixed results.Morgan Stanley (NYSE: MS) recently posted its Q4 2022 earnings report, surpassing consensus estimates. The New York-based banking giant received a significant boost in its latest quarterly bottom line from record wealth management revenue.For Q4 2022,
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Morgan Stanley Eyes Bitcoin Market via GBTC and Cash Settled Futures on Its European Fund
Morgan Stanley warned that the value of GBTC may drop ‘precipitously’ to zero due to regulatory changes, a crisis of confidence, a flaw, or an operational issue in the Bitcoin network.Morgan Stanley (NYSE: MS) has announced that its European Fund has set aside cash to invest in the Bitcoin market.
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Crypto Bank Silvergate Cut to Underweight at Morgan Stanley Following FTX Collapse
Led by analyst Manan Gosalia, the team from the Wall Street bank downgraded its rating on Silvergate's shares to underweight from equal weight, but kept its price target at $24. The stock was lower by 3% to $25.69 in premarket trading, adding to a decline of more than 50% since
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Todavía hay mucho apalancamiento en el ecosistema cripto, según Morgan Stanley
Los inversores minoristas podrían comenzar a vender si bitcoin cotiza por debajo de US$10.000, aseguró el informe. Original Source
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