Could Bitcoin Benefit From Wall Street’s Quarter-End Rebalancing?
A migration of billions of dollars is set to happen from stocks to bonds by the end of March as US-based asset management firms rebalance their portfolios. And it could have a direct or an indirect impact on the Bitcoin market. Nikolaos Panigirtzoglou, a cross-asset research analyst at JPMorgan & Chase, noted that pension funds, […]
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Blythe Masters’s new Blockchain startup is set to receive huge investment from Wall Street in 2016. What could this really mean for the Blockchain technology and how much impact is this going to have on the Bitcoin market? There has been quite a lot of excitement within the Bitcoin environment coming into the new year as the news of Wall Street investment in Blockchain broke. The cyberspace has buzzed with various speculations on how much impact this move could have on Bitcoin. Cointelegraph sought expert opinions for a clearer understanding of what exactly it is that Blythe and her....
The future of finance apparently involves Wall Street’s ghosts.
Jordan Belfort, aka the Wolf of Wall Street, says if you take a three, four, or five-year horizon, he would be shocked if you didn’t make money investing in bitcoin because the underlying fundamentals are really strong.
The Wolf of Wall Street Shares Bitcoin Outlook
Jordan Belfort, aka the Wolf of Wall Street, recently shared his outlook for bitcoin on Yahoo Finance’s The Crypto Mile show.
Belfort is a former stockbroker whose memoir was adapted into a film titled “The Wolf of Wall Street,” starring Leonardo DiCaprio and directed by....
Alex Mashinsky has stated firmly that it is opportunistic short sellers on Wall Street that is responsible for the negative price action in the markets. The CEO of crypto lending and staking platform Celsius Alex Mashinsky believes “the Sharks of Wall Street” can smell blood in the water and are causing instability at several crypto projects.Mashinsky attributes recent Celsius (CEL) price falls, the brief Tether (USDT) depegging, and collapse of Terra (LUNA) — at least in part — to short sellers on Wall Street. CEL has fallen from its all-time high of $8.05 to $0.82, which is a 90% drop.In....
Bitcoin can go sideways and south, but as we speak, the world’s most popular – and resilient crypto – is alive and kicking. The Wolf of Wall Street, like every other analyst and market expert, makes mistakes, especially on predicting the fate of Bitcoin. Belfort recently gave an interview where he said he was wrong […]