Tag: Morgan

Ethereum dominance may dwindle as competitors emerge: Morgan Stanley

[ad_1] Morgan Stanley’s wealth management global investment office has published a report on Ethereum (ETH) arguing that the blockchain’s dominance could dwindle if strong market competition emerges. The investment banking giant’s report is titled “Cryptocurrency 201: What Is Ethereum?” and it provides a detailed rundown of the ecosystem along with its advantages and disadvantages in relation to Bitcoin (BTC). “Due in part to its more ambitious addressable market, Ethereum faces more competitive threats, scalability issues, and complexity challenges than Bitcoin. Furthermore, Ether is more volatile than Bitcoin,” the report reads.…

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Morgan Stanley acquires more GBTC, Alibaba to halt crypto mining gear sales, and a possible scenario for $6 million BTC: Hodler’s Digest, Sept. 26

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[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week DOGE co-founder sets sights on Ethereum bridge and NFTs for mass adoption Billy Markus, the co-founder of the beloved Dogecoin (DOGE), emphasized the importance of completing an Ethereum-to-Dogecoin bridge on Thursday, citing that the asset could be integrated for payments on Ethereum-based NFT marketplaces.…

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Morgan Stanley’s Executive Likens Bitcoin’s Resilience to Kenny Who Dies in Every South Park Episode – Featured Bitcoin News

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[ad_1] Morgan Stanley Investment Management’s Dennis Lynch, says that bitcoin’s resilience is like Kenny from the popular TV series South Park. In almost every episode, Kenny comically died but always came back, just like how bitcoin bounces back every time after a bear market. Bitcoin Is Similar to Kenny in South Park, Says Morgan Stanley’s Executive Morgan Stanley’s Dennis Lynch talked about bitcoin’s resilience at Morningstar’s annual investment conference Thursday. Lynch is head of the Counterpoint Global team at Morgan Stanley Investment Management, the bank’s asset management arm. He joined…

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Morgan Creek’s Mark Yusko Predicts Bitcoin Can Reach $250K in 5 Years – Markets and Prices Bitcoin News

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[ad_1] Mark Yusko, Morgan Creek Capital Management’s CEO and cofounder, is extremely bullish on bitcoin. Despite a period of consolidation, Yusko expects the leading crypto asset to tap $250,000 in five years. In a recent interview, he said that the network continues to swell in an “exponential way.” Morgan Creek’s CEO Sticks to His Six-Digit Bitcoin Prediction The founder of Morgan Creek is again reiterating his prediction that bitcoin (BTC) will surpass six digits in value within the next five years. In a May 6, 2020 interview, Yusko predicted that…

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JP Morgan Revises Bitcoin Target

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[ad_1] JPMorgan, in an email note released to clients on Thursday, cited decreasing Bitcoin volatility as a positive for institutional interest in the asset. In an article covering the release by Bloomberg, strategists including Nikolaos Panigirtzoglou at JPMorgan wrote: “These tentative signs of Bitcoin volatility normalization are encouraging… In our opinion, a potential normalization of Bitcoin volatility from here would likely help to reinvigorate the institutional interest going forward.” On the basis of Bitcoin’s declining long term volatility, the strategists revised their Bitcoin price target to align with private market…

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