1 / 2 Relevant items tagged with #WallStreet

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Wall Street to Surpass Satoshi as Top Bitcoin Holder This Year — Analysts Expect $200K BTC Soon

[Oct 25 12:30 AM] Bitcoin could reach $200,000 next year, driven by institutional adoption and major market events, according to a new report. Analysts expect Wall Street to surpass Bitcoin’s pseudonymous creator, Satoshi Nakamoto, as the largest BTC holder…

Here’s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet

[Oct 7 5:00 PM] The Wall Street Cheat Sheet has been around for years now and is often passed around in finance circles, so Bitcoin has not been left out. The cheat sheet shows different stages of each market cycle, using sentiment to track where in the cycle a…

Kamala Harris Pledges to Support Digital Assets — ‘We Will Cut Needless Bureaucracy’

[Sep 23 4:12 PM] Vice President Kamala Harris has pledged to support innovative technologies like artificial intelligence and digital assets while ensuring consumer and investor protection. Her remarks, highlighting AI and cryptocurrency as key aspects of her…

JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move

[Sep 21 12:30 AM] JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes further reductions are likely if the job…

Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble

[Sep 17 8:15 PM] Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While BTC posted a 5% gain, stock markets exhibited mixed signals, hovering near…

Former Commerce Secretary Warns US Headed for Recession

[Sep 16 3:30 AM] Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong GDP and low unemployment, Ross argues…

Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide

[Sep 6 5:10 PM] Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only adds to growing recession concerns, layering on top of…

AI crypto tokens wobble as Nvidia posts good but not good enough earnings

[Aug 29 2:44 AM] AI-related tokens slumped as Nvidia’s Q2 earnings beat Wall Street estimates but failed to impress investors.

Bitwise Brings The Bitcoin Ethos To Wall Street

[Aug 28 2:37 PM] Company Name: Bitwise Asset ManagementFounders: Hong Kim and Hunter HorsleyDate Founded: December 2016Location of Headquarters: San Francisco, CA and New York, NYAmount of Bitcoin Held in Treasury: UndisclosedNumber of Employees: 65Website…

US Bitcoin ETFs Saw the Sixth Consecutive Day of Inflows

[Aug 23 10:57 AM] US spot Bitcoin exchange-traded funds recorded their sixth straight day of net inflows on August 23rd, totalling around $65 million. The sustained run of positive flows highlights the growing institutional demand for regulated Bitcoin…

Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts

[Aug 19 10:30 PM] Several financial analysts predict that gold prices will continue to gain ground, supported by forecasts that the Federal Reserve will cut interest rates later this year. According to Patrick Yip of American Precious Metals, the $3,000 mark could…

Wall Street sounds AI bubble alarm — Will crypto AI projects survive?

[Aug 15 1:59 PM] After Black Monday, the stock market fears recession and Wall Street predicts an AI bubble burst, with Nvidia and tech stocks under pressure. Will crypto AI projects survive?

Blockchain and Nation-State Infrastructure: Why Bother?

[Aug 4 4:30 AM] We listen to talk after talk about crypto finally achieving asset-class legitimacy, but truly speaking, the encroachment of Wall Street giants into the blockchain space is a double-edged sword. The following is an opinion editorial written by Karel…

Morgan Stanley to Offer Bitcoin ETFs to Wealthy Clients: CNBC

[Aug 2 3:11 PM] The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million.

Single Entity Risk Questioned as Coinbase Dominates ETH and BTC ETF Reserve Storage

[Jul 23 11:30 AM] The day before the spot ether exchange-traded funds (ETFs) were introduced, Coinbase posted on X to clarify its position regarding spot BTC and ETH ETFs. The company mentioned that it holds assets for ten out of 11 spot bitcoin ETFs and eight out…

5 bullish arguments that Bitcoin price just bottomed at $53K

[Jul 7 12:25 PM] Bullish divergence on the price chart, September rate cut prospects, and increasing M2 supply are some catalysts that could resume the Bitcoin bull market cycle.

Spot Bitcoin ETFs Saw Largest Inflow in a Month

[Jul 2 4:07 AM] Bitcoin exchange-traded funds (ETFs) in the U.S. saw their largest daily inflow in almost a month on Monday, totalling $129 million. Based on historical price trends, Bitcoin appears poised to start July on a bullish note.NEW: #Bitcoin ETFs sawâ€

Franklin Templeton considers new altcoin-focused crypto fund

[Jun 6 11:58 AM] Franklin Templeton is reportedly considering a private fund for institutional investors dedicated to altcoins.

US political change could expose crypto to $20T industry: Bitwise

[Jun 4 11:13 PM] Regulatory uncertainty is holding back the $20 trillion dollar financial advisory industry from investing more in crypto, claims Bitwise investment head Matt Hougan.

Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy

[May 31 3:26 PM] In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow to veto the U.S. congressional resolution to overturn the U.S. Securities and Exchange Commission's…

Goldman Sachs: Bitcoin ETFs Are an 'Astonishing Success'

[May 30 7:20 AM] Goldman Sachs is striking an increasingly positive tone on Bitcoin calling the new spot Bitcoin ETFs an "astonishing success" after years of scepticism.JUST IN: Goldman Sachs says the #Bitcoin ETF approval was a "big psychological turning…

NYSE To Launch Products Tracking Spot Bitcoin Prices

[May 29 7:15 AM] The New York Stock Exchange (NYSE) has announced plans to launch financial products tied to the spot price of Bitcoin. The NYSE is collaborating with CoinDesk Indices to develop cash-settled index options that will track the CoinDesk Bitcoin Price…

Bitcoin and Wall Street: Insights from Alex Thorn of Galaxy Digital

[May 23 11:14 AM] At the recent MicroStrategy World: Bitcoin for Corporations conference, Alex Thorn, Head of Research at Galaxy Digital, provided valuable insights into the evolving landscape of Bitcoin adoption by Wall Street and corporations.In an interview with…

CME to Launch Bitcoin Trading for Hedge Funds and Traders

[May 16 4:48 AM] The Chicago Mercantile Exchange (CME), the world's largest futures exchange, is planning to offer spot bitcoin trading on its platform, according to a Financial Times report. This move would provide major hedge funds and institutional traders with…

JPMorgan’s Onyx to industrialize blockchain PoCs from Project Guardian

[May 11 8:02 AM] Traditional firms like JPMorgan and WisdomTree are seeking to turn Project Guardian’s blockchain proofs-of-concept into scalable financial products.

Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard

[May 1 7:36 AM] During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase…

Bitcoin Resurgence: Analyst Foresees $69,000 Target In Near Term

[Apr 5 8:00 AM] Crypto Jelle, a cryptocurrency analyst and aficionado, has expressed optimism toward the price action of Bitcoin, highlighting the potential for the digital asset to revisit the $69,000 threshold in the short term. Bitcoin Poised For Short-Term…

Spot Bitcoin ETFs Are Just the Beginning for Wall Street

[Mar 19 10:57 AM]

Coinbase Gets Another Upgrade, This Time at Raymond James, as Bears Capitulate

[Mar 12 3:03 PM] The brokerage firm lifted its rating on the crypto exchange’s shares to market perform from underperform.

Welcome to the ‘Bitcoin Era’ on Wall Street

[Feb 8 4:10 PM] With a roster of bitcoin ETFs already trading, companies will need to figure out how to differentiate their products.