Cryptocurrency
fromnews.bitcoin.com
1 day agoMorgan Stanley Joins ETF Game, Bitmine Trades on NYSE, And More Week In Review
Morgan Stanley launched a low-fee bitcoin ETF, intensifying competition and potentially increasing bitcoin demand.
"I'm in favor of not having any rules against insider trading. I would like all the information out there as soon as it's available. Because look, as a society, we are better off knowing as soon as possible anything that is knowable."
"The current administration has signaled that it is very pro-business and wants to make it as easy as possible for these new fintech business models such as prediction markets and crypto to operate."
Escalating geopolitical risk continued to dominate global markets' concerns, with safe-haven demand keeping the dollar index anchored near a multi-week high.
From the 1800s through the 20th century, women have continually broken barriers in finance. On a recent episode of Inside the ICE House, Trailblazing Women Who Transformed Finance and Created a New Wall Street, author and Untapped New York Founder Michelle Young discusses the female firsts that helped transform the culture, practices, and leadership of global finance.
The battle for WBD played out amid a pivotal backdrop for Wall Street: a period investment banks hope will mark a full-throated M&A rebound, in which just landing a role on a deal of this size is as useful for one's street cred as actually winning it. Even advisers on the losing side will walk away with hefty fees, boardroom credibility, and proof they belong on the biggest mandates of the coming year.
Wall Street's Goldman Sachs has revealed an expansion of its crypto holdings, reporting roughly $2.36 billion in total crypto exposure - including $1.1 billion in Bitcoin ETFs, according to financial holding disclosures. Bitcoin's portion of the haul - the largest of any digital asset listed - highlights just how far the venerable investment bank has shifted from earlier skepticism toward meaningful exposure in the world's largest cryptocurrency by market cap. The $1.1 billion position was in IBIT, BlackRock's iShares Bitcoin Trust ETF.