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Bitcoin Soars To New ATH, With the News That Morgan Stanley Set to Bet Big on BTC

Bitcoin Soars To New ATH, With the News That Morgan Stanley Set to Bet Big on BTC

Bitcoin just soared to a new ATH on the news that a Morgan Stanley unit, Counterpoint Global is considering a Bitcoin bet

Banking Giant Morgan Stanley Purchases 28,289 Shares of Grayscale Bitcoin Trust

Banking Giant Morgan Stanley Purchases 28,289 Shares of Grayscale Bitcoin Trust

According to the U.S. Securities and Exchange Commission's document, the US leading investment bank Morgan Stanley is buying 28,289 shares of Grayscale Bitcoin Trust through its European Opportunity Fund.

Morgan Stanley in Talks to Acquire Multi-Million Dollar Stake in Bithumb Crypto Exchange

Morgan Stanley in Talks to Acquire Multi-Million Dollar Stake in Bithumb Crypto Exchange

Morgan Stanley is reportedly in talks with Bithumb South Korea-based crypto exchange to acquire a multi-million-dollar stake in the exchange.

Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO

Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO

Chinese insurance giant, Ping An Insurance’s financial technology arm, OneConnect is leaning towards choosing New York over Hong Kong for its initial public offering (IPO) this year in mid-November.

Bitcoin’s Market Cap is Likely to Eclipse Gold, BTC Price Valuation at $146,000 is Conservative, says Pompliano

Bitcoin’s Market Cap is Likely to Eclipse Gold, BTC Price Valuation at $146,000 is Conservative, says Pompliano

Anthony Pompliano, the founder of Morgan Creek Digital said that JP Morgan’s valuation of Bitcoin at $146,000 is still conservative.

J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments

J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments

JPMorgan Chase has set the ball rolling by deploying its digital currency, the JPM Coin, for commercial purposes creating a new blockchain business unit dubbed Onyx.

JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini

JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini

JPMorgan Chase, the largest bank in the United States, has set the ball rolling by accepting crypto exchanges Gemini and Coinbase as banking customers. This is a sign that Bitcoin and other cryptocurrencies are being embraced in the American financial landscape and Wall Street. The bank gave Coinbase and Gemini accounts the green light in April, and transactions are just kick-starting. Reportedly, JPMorgan Chase is offering cash-management services to the exchanges, as well as dealing with dollar-based transactions for their US-based clients.

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Blockchain has been making headlines for quite some time now and banks have been widely talking about distributed ledger technology. Several financial institutions and banks have set up innovation labs to carry out proof of concepts so that to explore modern-day technology. A few days ago, Singapore’s Central Banks and JPMorgan announced that they are working on a blockchain pilot system, which is identified to have the potential to initiate multi-currency cross-border payments.

How Bitcoin’s Narrative Has Significantly Changed in 2020, According to CoinShares Chairman

How Bitcoin’s Narrative Has Significantly Changed in 2020, According to CoinShares Chairman

Former JP Morgan commodities trader Danny Masters discussed how the Bitcoin narrative has shifted for the better since its inception.

Number of Bitcoin Addresses in Loss Is Currently at a 1-Month Low

Number of Bitcoin Addresses in Loss Is Currently at a 1-Month Low

Bitcoin number of addresses in a low is at a 1-month low of 330,817.774

Bitcoin Eyes $60,000 Based On the Formation of an Inverse Head & Shoulder Pattern

Bitcoin Eyes $60,000 Based On the Formation of an Inverse Head & Shoulder Pattern

Crypto analyst Carl Martin has revealed that Bitcoin is eyeing the $60K price level based on the formation of an inverse head & shoulder pattern.

OmiseGO (OMG) Price Sees Three-Digit Gains, Bitcoin Loses Dominance

OmiseGO (OMG) Price Sees Three-Digit Gains, Bitcoin Loses Dominance

While Bitcoin’s price is struggling to maintain its $12,000 threshold, an altcoin has been making triple-digit gains, including the OmiseGO (OMG) Network.

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