Wall Street

Can Coinbase Keep Wall Street Happy During the Crypto ‘Pause’?

For the first time ever, a publicly traded company is navigating crypto's doldrums. Wall Street analysts may not react kindly.

Opinion  ·  16 July 2021

S&P Dow Jones Launches 5 More Crypto Indexes; One Tracks 240 Coins

It’s the first major expansion of S&P’s crypto benchmarking tools since entering the market in May.

Business  ·  13 July 2021
Bitcoin

Crypto Not a ‘Viable Investment,’ Goldman Sachs Says

Bitcoin has quadrupled in price since the last time Goldman's consumer division declared bitcoin not "suitable" for clients.

Business  ·  14 June 2021
Bitcoin

SEC Again Warns Investors Against Bitcoin Futures Funds

The U.S. Securities and Exchange Commission (SEC) sent out a second note to investors urging to reevaluate bitcoin futures-focused funds.

News  ·  10 June 2021
Bitcoin

Interactive Brokers to Offer Crypto Trading by End of Summer

Interactive Brokers Chairman and CEO Thomas Peterffy announced the company will begin trading cryptocurrencies “by the end of the summer."

News  ·  9 June 2021
Wall Street

Wall Street Bank CEOs to Mention Crypto Before Congressional Banking Panels This Week

“We continue to closely and actively follow developments around cryptocurrencies,” said Wells Fargo CEO Charles Scharf in a statement.

News  ·  26 May 2021
Bitcoin

Risk-Off: Sour Sentiment on Wall Street May Have Added to Bitcoin’s Plunge

Stocks drop on lingering inflation scare. Bitcoin fails to draw hedging bids.

Markets  ·  19 May 2021
Lending

Here’s How the Archegos Debacle May Have Spilled Over to Bitcoin

The difference between bitcoin futures premium on CME and other crypto exchanges has widened since the end of March, when Bill Hwang’s troubles surfaced.

Markets  ·  7 April 2021
Markets

Morgan Stanley Sees Cryptocurrencies on Path to Investable Asset Class

The Wall Street firm sees signs of maturation especially given its resiliency since the height of the pandemic.

Markets  ·  17 March 2021
Goldman Sachs

Bitcoin’s 2021 Returns Destroy Everything on Wall Street, Goldman Sachs Says

Bitcoin's lead over assets from stocks to bonds, oil, banks, gold and tech stocks and the euro has widened.

Markets  ·  8 March 2021
Newsletters

Blockchain Bites: Mastercard, BNY Mellon Embrace Crypto; Amazon Floats ‘Digital Currency’ Project

Recently deceased porn mogul Larry Flynt once said, “Hypocrisy is a detriment to progress." His story may have something to offer crypto.

News  ·  11 February 2021
CoinFlash

Mark Cuban Hails ‘Store of Value Generation’ Taking on Wall Street

Cuban believes WSB traders are applying the principles of the crypto world to the stock market.

News  ·  1 February 2021
Bitcoin

Bitcoin Rebounds From Early Losses, Markets Still Distracted by GameStop

GameStop's stock drama has had a galvanizing effect on stocks, bitcoin and even dogecoin.

Markets  ·  28 January 2021
Bitcoin

Bitcoin Worries ‘Fading’ as Crypto Goes Mainstream, S&P Says

S&P joins a growing list of Wall Street firms to weigh in on bitcoin after prices for the cryptocurrency quadrupled in 2020.

Markets  ·  21 January 2021
Bitcoin

Bitcoin Is ‘Less Risky the Higher It Goes,’ Says Investor Bill Miller on CNBC

"That's the opposite of what happens with most stocks," the mutual fund legend added.

Markets  ·  8 January 2021