Morgan Stanley advisers can officially pitch Bitcoin ETFs
For now, the advisory platform is only recommending ETFs from BlackRock and Fidelity.
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For now, the advisory platform is only recommending ETFs from BlackRock and Fidelity.
On-chain activity suggests that Bitcoin whales have been accumulating over the past month amid a market slump.
Part of the problem is the airdrop model for token distributions, which has grown in popularity in recent years.
Michael Saylor previously forecasted that Bitcoin will reach approximately $13 million per coin by 2045.
Nassim Nicholas Taleb says gold still stands apart as a store of value.
ETH’s onchain and derivatives data are looking stronger even as macroeconomic data remains concerning.
Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run.
Bitcoin derivatives show traders’ morale is low, weakening the odds of a 20% rise from the $49,320 BTC bottom.
Global equity markets witnessed a massive sell-off, pulling Bitcoin and several major cryptocurrencies to unexpected lows.
Bitcoin may find buyers close to $56,000, benefitting select altcoins such as SOL, XRP, KAS, and AAVE.
