Morgan Stanley Strategist Calls For More Stock Market Upside, Will Bitcoin Follow?

Despite an over 30% rally from lows, Morgan Stanley’s chief equity strategist in the US who accurately called the recent Black Thursday bottom that rocked Bitcoin and other assets, claims that the stock market is currently consolidating before another leg up. With Bitcoin continuing to show a strong correlation to the stock market, and with […]

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No Investor Misled Over Crypto Mining Boom, Nvidia Claims

Nvidia has urged a US judge to dismiss a case brought by investors who say it misled them over crypto mining revenues. The company claims that the plaintiffs had cherry-picked information and relied on analysts who were clearly speculating on its financials. Lack Of Transparency Over Crypto-Mining Demand The case was initially brought, back in December 2018, […]

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Crypto Trading Head: Cryptocurrency Is ‘Turning the Corner From Wild West’

A new voice from US big finance has added his weight to the increasing evidence institutional investors are corning the newly-stabilized cryptocurrency market. Cho: ‘Professionalization Is Happening’ Speaking to Bloomberg on October 1st, Bobby Cho, global head of trading at Cumberland, the crypto division of trading and investment firm DRW Holdings, said the market was “turning […]

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