Crypto Currency

Crypto exchange Gemini weighing IPO: report

Gemini is reportedly considering an initial public offering. Bloomberg reports that the Winklevoss twins’ company is in talks with potential advisors. Gemini, the cryptocurrency exchange backed by billionaire Winklevoss twins Tyler and Cameron, is reportedly considering an initial public offering in the US. Per a Bloomberg report on Feb…

Gemini is reportedly considering an initial public offering. Bloomberg reports that the Winklevoss twins’ company is in talks with potential advisors. Gemini, the cryptocurrency exchange backed by billionaire Winklevoss twins Tyler and Cameron, is reportedly considering an initial public offering in the US. Per a Bloomberg report on Feb…
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Crypto Currency

Morgan Stanley Unveils Bitcoin ETP With 0.14% Fee

Key Takeaways: Morgan Stanley opened MSBT, an ETF based on Bitcoin, which tracks BTC based on an index.  The product is available under a low 0.14% fee and institutional levels The post Morgan Stanley Unveils Bitcoin ETP With 0.14% Fee appeared first on CryptoNinjas…

Key Takeaways: Morgan Stanley opened MSBT, an ETF based on Bitcoin, which tracks BTC based on an index.  The product is available under a low 0.14% fee and institutional levels
The post Morgan Stanley Unveils Bitcoin ETP With 0.14% Fee appeared first on CryptoNinjas…
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Crypto Currency

Bitcoin price forecast as traders bet on $80,000 next

Bitcoin trades above $70,700 as derivatives data shows $80,000 calls dominating on Deribit. BTC rebounded to near $72,900 on Wednesday as a US-Iran ceasefire eased oil pressures. Analysts see end of stress cycle, targeting $80,000 if $75,000 breaks. Bitcoin’s resurgence to above $70,000, with intraday highs of $72,900…

Bitcoin trades above $70,700 as derivatives data shows $80,000 calls dominating on Deribit. BTC rebounded to near $72,900 on Wednesday as a US-Iran ceasefire eased oil pressures. Analysts see end of stress cycle, targeting $80,000 if $75,000 breaks. Bitcoin’s resurgence to above $70,000, with intraday highs of $72,900…
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Crypto Currency

Strategy’s near $2 billion profit on Bitcoin is eclipsed by their losses SEC filing shows

Strategy (formerly MicroStrategy) is claiming its aggressive Bitcoin purchases have yielded a nearly $2 billion gain this year despite the top asset’s clear price struggles. However, a close look at the enterprise software company’s legally binding regulatory filings tells a much redder story: under standard accounting rules…

Strategy (formerly MicroStrategy) is claiming its aggressive Bitcoin purchases have yielded a nearly $2 billion gain this year despite the top asset’s clear price struggles. However, a close look at the enterprise software company’s legally binding regulatory filings tells a much redder story: under standard accounting rules…
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Crypto Currency

Morgan Stanley’s new Bitcoin ETF puts pressure on BlackRock’s IBIT after debut

On April 8, Morgan Stanley’s spot Bitcoin exchange-traded fund began trading on the NYSE Arca under the ticker MSBT, logging 1.6 million shares and roughly $34 million in volume on its highly anticipated first day. The MSBT fund purchased 430 Bitcoin on day one, following $30.6 million in net inflows…

On April 8, Morgan Stanley’s spot Bitcoin exchange-traded fund began trading on the NYSE Arca under the ticker MSBT, logging 1.6 million shares and roughly $34 million in volume on its highly anticipated first day. The MSBT fund purchased 430 Bitcoin on day one, following $30.6 million in net inflows…
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