Crypto Markets Lose $100B: ETH Beneath $3K as BTC Failed at $44K (Market Watch)

After failing to overcome $44,000 decisively, bitcoin has retraced once again to around $42,000. Most alternative coins have also bled out in the past 24 hours, with Ethereum struggling well…

Continue ReadingCrypto Markets Lose $100B: ETH Beneath $3K as BTC Failed at $44K (Market Watch)

Skybridge Capital’s Scaramucci on Crypto Boom: ‘The Institutions Are Not There’

Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg…

Continue ReadingSkybridge Capital’s Scaramucci on Crypto Boom: ‘The Institutions Are Not There’

Morgan Stanley Increases Bitcoin Exposure: Buys Over 58,000 GBTC Shares More

Morgan Stanley – the global financial services mogul – continues to increase its exposure to Bitcoin through Grayscale’s BTC trust. Morgan Stanley continues to increase its exposure to Bitcoin. As CryptoPotato reported…

Continue ReadingMorgan Stanley Increases Bitcoin Exposure: Buys Over 58,000 GBTC Shares More

JPMorgan Boss Jamie Dimon: ‘If You Borrow Money to Buy Bitcoin, You’re a Fool’

Jamie Dimon, the CEO of one of the biggest financial institutions of the world, JPMorgan, has once again let the world know about his stance on bitcoin and cryptocurrencies. Dimon…

Continue ReadingJPMorgan Boss Jamie Dimon: ‘If You Borrow Money to Buy Bitcoin, You’re a Fool’