Morgan Stanley has suggested to clients that they believe the true price of bitcoin is zero. In a recent research...
Bitcoin has been around for almost a decade now, and it’s safe to say that the crypto pioneer has done well in terms of price and overall market dominance. However, there are still points of friction plaguing the crypto’s market. One is regulation, and the other is adoption. By adoption, it means that the cryptocurrency needs to be widely accepted as a credible means of payment. Various institutions have sought to spearhead the adoption campaign, and Morgan Stanley is all in.
Morgan Stanley, through its research division, have released a new 50 page report updating on the status of Bitcoin (BTC),...
Bitcoin's recent price rally resembles one Nasdaq had in 2000. The bearish wave was, according to Morgan Stanley, similar as well. The difference is that bitcoin's trading volumes are showing an "interesting development."
Despite The Market Correction, Institutions Are Interested Despite 2018’s market tumble, Wall Street institutions are still showing interest in offering...