Cryptocurrency Analysis and News Portal
PayPal’s pledge to support cryptocurrency as a funding source for 26 million merchants will likely benefit mass cryptocurrency adoption more than it will boost the payments firm’s bottom line, Morgan Stanley researchers said in a Wednesday report obtained by CryptoX. Source
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Morgan Stanley has made a big jump following its previous quarter reports that were marred by the influence of the coronavirus pandemic.Investment banking giant Morgan Stanley (NYSE: MS) has posted a better than expected earnings for its Q3 on Thursday. According to Reuters, the Q3 earning Morgan Stanley reported came
Read MoreAccording to a Morgan Stanley executive, the young and adventurous usually go for crypto, while older investors stick to more traditional assets.In a Sept. 8 interview with CNN anchor Julia Chatterley, Morgan Stanley’s head of emerging markets and chief global strategist Ruchir Sharma stated that the generational divide when it
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After the published Q2 report, Morgan Stanley (MS) stock price is rising. As the market opened today MS stock is 0.78% up.Morgan Stanley (NYSE: MS) has published its Q2 2020 earnings results. The net revenues turned out to be better than a year ago despite teh current economic situation in
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Virgin Galactic’s rocket ship rally has stalled as Morgan Stanley makes bearish remarks about the stock. Morgan Stanley was an early Virgin Galactic bull with an analyst price target of $22 per share. Now analyst Adam Jonas suggests the stock is overheated and encourages management to dilute shareholders. Virgin
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Investment bank Morgan Stanley is buying digital stock brokerage E*Trade for $13 billion.According to the Wall Street Journal, the consolidation will give Morgan Stanley an inroad with E*Trade’s 5.2 million retail investors in what will be Wall Street’s largest deal since the 2008 financial crisis. The bank is targeting this
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Dow Jones Industrial Average (DJIA) futures fell as much as 178 points on Tuesday. Apple warned investors that coronavirus shutdown in China would hit revenue. One Morgan Stanley analyst said we are entering a ‘downturn’ phase for the U.S. markets. U.S. stock markets were knocked off their record highs during after hours trading
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A group of trading vets from NASDAQ, Visa and Morgan Stanley say they’ve built a liquidity solution for the world’s disparate cryptocurrency markets. After 18 months of development, their project, Apifiny, came out of stealth Wednesday with a new platform targeting exchanges hampered by low liquidity: ExOne. It is an emerging
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Eight former tech execs from financial giant Morgan Stanley have launched a crypto derivatives trading platform in Singapore and it will include XRP. The unattractively named Phemex works ten x faster than other crypto platforms and will offer 100x leverage for both institutional and retail investors into crypto. As well as XRP
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“Phemex is ten times faster than traditional crypto trading platforms with the ability to manage 300,000 TPS – the fastest matching engine online,” said Tao, who specialized in high-frequency trading. No existing platform has achieved such transaction speeds, he said. Source
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