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Crypto Inactivity on Wall Street Hits Bitcoin Price

The Bitcoin (BTC) retail boom has taken its price to almost $20k this past year. Now, with the decentralised asset price hovering at approximately $4k, has the inactivity of institutions driven the price down? Bloomberg, has outlined several trade initiatives from the top tier Investment Banks, that has gained no significant traction or, did not […]

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Public Sector
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Bitcoin Ranks 1 in USA Google Search for 2018

The decentralised asset has had a controversial year to say the least. Its trading range over the past year has been from almost $20k to $3.3k. It has been condemned by institutional leaders, such as Jamie Dimon, as a ‘fraud’ while others like Morgan Stanley hail it as a new asset class. However according to Google, […]

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Business
Development
Finance

Morgan Stanley Calls Bitcoin New Institutional Investment Class

Morgan Stanley, one of the largest investment houses globally, has labelled Bitcoin as a new institutional investment class. Details of the report are outlined by the dailyhodl.com where, Morgan Stanley, categorises Bitcoin as anything from “digital cash” through to a “store of value”. Morgan Stanley has given a breakdown of Bitcoin in seven phases of morphing classification detailed below: Digital Cash: Untraceable but […]

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