Wall Street 'loves Bitcoin' - What execs say about the $50k price pump

Bitcoin sparks optimism as it records new highs after two years.  BTC ETF becomes a favorable asset on the Wall Street. Bitcoin's [BTC] price hit $50,000, reaching its highest level in overThe post Wall Street 'loves Bitcoin' - What execs say about the $50k price pump appeared first on AMBCrypto.

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Here's why Bitcoin is becoming an option for Wall Street veterans

U.S Treasury bonds' 20-year performance was an eyesore, leading traditional assets players to look in Bitcoin's direction BTC's volatility decreased and long-term holders are not ready to back The post Here's why Bitcoin is becoming an option for Wall Street veterans appeared first on AMBCrypto.

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Fed Policy Win Could Harm Bitcoin’s Wall Street Narrative

The January rebound in equities and knockout employment report may have undermined a few buy-bitcoin narratives, but the real value proposition behind bitcoin lies far beyond Wall Street in emerging markets, where bitcoin is in strong demand.

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Bitcoin, Ethereum bounce as crypto mirrors Wall Street

Bitcoin has gained 2.5% in the past 24 hours and is trading near the…

The post Bitcoin, Ethereum bounce as crypto mirrors Wall Street appeared first on Coin Journal.

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Brace For Impact: Wall Street Is Headed Straight For Bitcoin, Says Analyst

Wall Street has previously not been at the forefront of bitcoin trading in the past. However, that looks poised to change. The approvals of three bitcoin ETFs in the past week have brought about more institutional interest in the digital asset and Wall Street brokers are starting to turn their attention to the cryptocurrency.

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CEO of $9.5 Trillion Asset Manager Suggests That Bitcoin May Be Worthless

Larry Fink remains among the Wall Street titans who are reluctant to embrace Bitcoin

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Wall Street fund manager that called for $400,000 Bitcoin tells followers to “take money off the table”

In 2018, the reoccurring “meme” in crypto space was that institutions were coming to accumulate Bitcoin, to save the then-volatile market and set it on a path of growth. The post Wall Street fund manager that called for $400,000 Bitcoin tells followers to “take money off the table” appeared first on CryptoSlate.

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These 2 Trends Shows that Wall Street is in a Bitcoin Buying Frenzy

Bitcoin has been subjected to unprecedented turbulence throughout the past few months, declining to lows of $3,800 before rocketing to highs of $10,500 This volatility hasn’t been enough to thwart large market players from foraying into the digital asset Macro investor Paul Tudor Jones has been one of the first traditional investors to publicly profess his interest in BTC, but data shows that he isn’t the only one on Wall Street who is buying Bitcoin […]

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Wall Street Still Doesn’t Get What Bitcoin Might be Used For

Despite being one of the most discussed topics in the last few years, Wall Street still can’t figure out the utility of Bitcoin. Bitcoin Needs Greater Utility, Bakkt CEO Says Adam White, CEO of Bitcoin futures exchange operator Bakkt, said that “there needs to be greater utility” for Bitcoin.

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Street Artist Makes $12,000 in Bitcoin Donations

A French street artist best known for painting lady liberty leading the yellow vests has stated he has received more than $12,000 worth of bitcoin donations this year. PBoy said... The post Street Artist Makes $12,000 in Bitcoin Donations appeared first on Trustnodes.

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Goldman Sachs Talks Bitcoin: Where Does Wall Street Think BTC is Going Next?

In 2017, Jamie Dimon slammed Bitcoin. The chief executive of JP Morgan claimed that if any of his firm’s traders were caught trading the cryptocurrency, they would be fired, as it is “dangerous”.

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Wall Street is on the losing side of Bitcoin’s impressive price rally

Wall Street, complete in their tailored suits, suede shoes, and leather briefcases, have once again placed their bets against Bitcoin. Despite the fact that the collective cryptocurrency market broke the $350 billion mark, with Bitcoin alone accounting for 62 percent of the same and trading at $2,000 over its price at the beginning of the […] The post Wall Street is on the losing side of Bitcoin’s impressive price rally appeared first on AMBCrypto.

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A Bitcoin Rat Is Occupying Wall Street

Ten years after the financial crisis of 2008, an artist known as Nelson Saiers has placed his latest artwork across the street from the New York Federal Reserve building in the financial district.

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Wall Street Cozying Up to Bitcoin Could Open Up a Can of Worms Nobody Wants to See

With a number of Wall Street heavyweights beginning to open up to the crypto space, mainstream adoption of Bitcoin and other popular tokens seems almost inevitable at this juncture. But is this actually a positive development that investors should look forward to? Perhaps not, say some experts who seem convinced that the financial industry’s embrace […] Wall Street Cozying Up to Bitcoin Could Open Up a Can of Worms Nobody Wants to See was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

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Bitcoin Price Back Over $7,000 on Growing Support From Wall Street

Growing support from Wall Street is encouraging Bitcoin bulls. As a result, big money from financial institutions could soon enter the crypto market. Investing in Digital Gold Bitcoinist reported yesterday that Goldman Sachs is moving to solve Bitcoin’ main obstacle for institutional investors: custody.

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Word on the street: Study finds bitcoin OTC volumes 3x exchanges

A $10tr wealth and custodial manager now servicing crypto hedge funds; a study finds OTC markets doing 3x the volume of BTC trading than exchanges; and Hashgraph extends crowdfunding to all accredited investors after finishing $100m institutional fundraising round. 

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Crypto Price Watch: Most Major Currencies in the Red as Market Stumbles

Bitcoin (BTC) At press time, bitcoin is trading for about $7,485. This is roughly $60 less than where it stood 24 hours ago. Wall Street player Goldman Sachs explains that bitcoin’s recovery was a fluke; that the currency will never dominate the financial infrastructure, and future declines are expected. On the contrary, new payment company […]

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Bitcoin Price Watch: Currency Continues to Suffer Substantial Losses

At press time, the father of cryptocurrency has fallen by another $60+ and is trading for about $7,485. This is another massive fall from yesterday’s $7,550, which in turn was a drop from the $8,000+ the currency was enjoying all last week.

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Wall Street’s Crypto King to CNBC: Institutions Are Afraid to Be the First Investor in Bitcoin

Bart Smith, aka Wall Street’s Crypto King, went on CNBC’s Fast Money recently and gave positive predictions for the future of Bitcoin. Smith, who is head of digital asset at Susquehanna, appears to not be troubled by Bitcoin’s recent downturn nor the recent denial of the proposed Winklevoss Bitcoin ETF by the SEC. Smith attributes […]

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Key Support Level For Bitcoin That Wall Street’s Crypto King Is Worried About

This week bitcoin has taken a beating and although it has found a level in which to rest and console itself, the damage done will take a long time to undo. However, we (the crypto-community) remain optimistic, but, as the popular saying goes-We hope for the best but prepare for the worst.

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Wall Street’s Crypto King to CNBC: Institutions Are Afraid to Be the First Investor in Bitcoin

Bart Smith, aka Wall Street’s Crypto King, went on CNBC’s Fast Money recently and gave positive predictions for the future of Bitcoin. Smith, who is head of digital asset at Susquehanna, appears to not be troubled by Bitcoin’s recent downturn nor the recent denial of the proposed Winklevoss Bitcoin ETF by the SEC.

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Bitcoin Core Vandal Tears Down Crypto Poster

In sunny Rothschild Avenue, at the centre of Tel Aviv, next to towering skyscrapers and within a buzzing street, stood tall and proud a number of Bitcoin Cash posters. In... The post Bitcoin Core Vandal Tears Down Crypto Poster appeared first on Trustnodes.

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Bitcoin Price is Set for Another Breakout, Says ‘Wall Street’s Crypto King’

For the third day in a row, Bitcoin continues to trade below the $8,000 mark that it has gained in July 2018. A flurry of events beginning with the Winklevoss ETF rejection by the SEC has seen the price of the top-ranked cryptocurrency take a considerable tumble.

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“Crypto King”: The Winklevoss ETF Rejection Wasn’t Bad For Bitcoin

While yesterday’s pullback of Bitcoin’s price may have irked more than a few investors, many industry leaders remain bullish on the price of crypto assets, including Wall Street’s “Crypto King.

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Mike Novogratz’s Crypto Bank Goes Live On Canadian Public Exchange

An early Bitcoin bull and former Wall Street trader, Mike Novogratz is bringing cryptocurrency to institutional investors. Following a crypto bear market, Novogratz’s merchant bank Galaxy Digital LP listed on Canadian stock exchanges today, August 1, 2018.

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Агентство Fundstrat начало принимать к оплате биткоины

Аналитическое агентство Fundstrat Global Advisors позволит своим клиентам приобретать исследования различных секторов экономики за биткоины. Для этого фирма заключила партнерство с процессингом BitPay.

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For thousands of years, the old age is the oldest way to save the future for the future

Some experts, including CEOs and Wall Street heavyweights, say the digital currency has run its course. Berkshire Hathaway’s Charlie Munger has called bitcoin “worthless, artificial gold,” adding that it’s “not something I think the world needs.

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Bitcoin ETFs: Taking a Closer Look at VanEck’s Letter to the SEC

The push for SEC-approved Bitcoin ETF listings has been receiving heavy amounts of news coverage over the last week. As several companies seek to be the first to bring crypto to Wall Street, a letter has been published by New York-based investment giant VanEck refuting many of the concerns laid out by the Commission’s recent […]

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Bitcoin ETFs: Taking a Closer Look at VanEck’s Letter to the SEC

The push for SEC-approved Bitcoin ETF listings has been receiving heavy amounts of news coverage over the last week. As several companies seek to be the first to bring crypto to Wall Street, a letter has been published by New York-based investment giant VanEck refuting many of the concerns laid out by the Commission’s recent… The post Bitcoin ETFs: Taking a Closer Look at VanEck’s Letter to the SEC appeared first on UNHASHED.

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Bitcoin [BTC] can be a ‘potential asset’ for central banks, says Wall Street billionaire Bill Miller

Bill Miller, a billionaire investor, stated that Bitcoin [BTC] is the cryptocurrency which has the most probability of being successful. He also spoke about the strategies for evaluating the value of the cryptocurrency.

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As SEC Thaws, Wall Street Prepares For Crypto Adoption

Markets fell after the latest setback for crypto Exchange Traded Funds. The SEC rejected a rule change proposed by the Winklevoss Bitcoin Trust, which would allow trading of Bitcoin-based Exchange Traded Products.

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Word on the Street: One ETF proposal down, two to go

The market found respite from the rejection of a bitcoin ETF as there are still two more ETF proposals lodged with the SEC from experienced fund managers. 

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Lyn Ulbricht and the Effort to Free Ross: Looking at "the End of the Road”

The darknet site founded by Ross Ulbricht, Silk Road, has been offline for years now. But the legal questions behind his conviction and subsequent sentencing to life in prison without the possibility of parole in 2015, remain fresh, raw and real to Ulbricht’s advocates.

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Bitcoin thrown lifeline by SEC Commissioner despite ETF rejection

Exchange-traded funds (ETFs) for Bitcoin are back in the news again this week. Yet another application submitted by Bitcoin billionaires, the Winklevoss twins, has been shot down by the US Securities and Exchange Commission (SEC).

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Face Slap

Bitcoin has now held above the critical level of $8,000 for more than 40 hours, a clear testament that this recent rally could actually be sustainable and by now all eyes are on $10,000. What’s most notable is that the break above $8,000 happened on extreme volume.

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Mike Novogratz’s Galaxy Digital Loses $134 Million Due to Bitcoin Price Fall

Biggest Crypto Firm On Wall Street Just Lost $134 Million USD On Bitcoin Plunge Galaxy Digital, a crypto merchant bank, has recently announced that the company took a $134 million USD hit during the first quarter of 2018 because Bitcoin was down and it struggled to break the bear market at the time. It was […]

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Spread Betting: Crypto Speculation Without Crypto?

Online sports betting company Bovada has issued a series of odds where you can bet for (or against) Bitcoin (BTC) coming back from its recent slump. Spread betting has become an integral part of Wall Street, but can it get the same kind of foothold in crypto? Yes, is almost certainly the simple answer.

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Wall Street Investors Will Enter the Crypto Market In Many Different Ways

Wall Street Investors Want To Enter The Crypto Market In Many Different Ways Bitcoin has spiked to over $8,200 dollars in the last days for the first time since May, and after being traded under $7,000 for more than a month.

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Bitcoin Futures Trading Volume Reaches $572M on Wall Street

CME Group BTC trading volumes reached $572 million during Tuesday’s Bitcoin bull run and set a new Wall Street record.

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Everything crypto evangelist Tom on Bitcoin

Tom Lee is known as one of Wall Street’s biggest bitcoin optimists. As the cryptocurrency hovered around $3,500 in September 2017, he predicted that bitcoin would be “your best investment until the end of the year.

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ED&F Man Capital Markets and itBit Complete First EFP Trade Involving Bitcoin Futures

Exciting news comes from Wall Street today as ED&F Man Capital Markets and cryptocurrency trading exchange itBit completed the first exchange for physical (EFP) transaction involving Bitcoin futures.

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Here’s a collection of crypto expert Tom Lee’s remarks about bitcoin made this past 12 months

Tom Lee is known as one of Wall Street’s biggest bitcoin optimists. As the cryptocurrency hovered around $3,500 in September 2017, he predicted that bitcoin would be “your best investment until the end of the year.

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Institutional Investors Are Swapping Bitcoin Futures for Physical BTC

Gaining momentum in its recent price rally, Bitcoin is increasing institutional investor interest. During the last week of July 2018, Wall Street traders completed their first-ever Bitcoin futures swap for physical BTC.

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ED&F Man Capital Markets and itBit Complete First EFP Trade Involving Bitcoin Futures

Exciting news comes from Wall Street today as ED&F Man Capital Markets and cryptocurrency trading exchange itBit completed the first exchange for physical (EFP) transaction involving Bitcoin futures.

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Institutional Investors are Swapping Bitcoin Futures for Physical BTC in Wall Street

It seems like the institutional investors at Wallstreet have also succumbed to FOMO that is related to the current Bitcoin (BTC) rally. The King of Crypto has been increasing steadily from Friday, July 13th, when it was valued at $6,200,.

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Cryptocurrency Crosses $8K Causing the Wall Street Journal to ask if it’s Back

The price of bitcoin jumped above $8,000, extending a rally that has lifted the largest cryptocurrency by market value to its highest level in two months. After a dismal first half of the year, bitcoin has shown signs of life in recent weeks.

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Bitcoin – CFTC’s former Chairman’s growing interest in BTC and blockchain

In a recent interview with the Wall Street Journal, the former Chairman of the United States Commodity Futures Trading Commission [CFTC], Gary Gensler acknowledged his studies and growing interest in Bitcoin [BTC] currency and blockchain technology.

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Will Bitcoin [BTC]’s big break be during the imminent financial meltdown?

OPINION: The financial crisis of 2008 is still fresh in the minds of those on Wall Street and those in the cryptocurrency space, albeit for very different reasons. While Wall Street is still reeling from the aftermath of the crisis, the cryptocurrency community indirectly exists due to the crisis. As timelessly engraved in the genesis […]

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Global Economic Recession Could Spark Bitcoin’s Popular #WhenMoon Expression

The financial crisis that took place back in 2008 and that hurt most of the countries all over the world is still very fresh in the minds of those operating in Wall Street and in the cryptocurrency world.

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