More than $246 million in crypto futures positions were wiped out in a single day as Bitcoin reversed sharply on Thursday, punishing traders who had bet against the market. The leading cryptocurrency climbed back to around $73,300 — a gain of roughly 4.5% over 24 hours — after a stretch of selling had dragged prices…
View More Bitcoin Climbs Back To $73,000 As Short Squeeze Wipes Out $246M In Futures Bets
SBI Holdings has quietly rolled out a new on-chain bond designed to give ordinary investors direct exposure to XRP while keeping the product inside Japan’s regulated market. Reports say the issue by the Japan-headquartered financial group totals 10 billion yen and is being recorded, issued and managed on a blockchain system rather than through the…
View More Instant XRP Rewards: Japan-Based Financial Group Rolls Out Tokenized Bonds
JPMorgan Chase & Co. is considering offering cryptocurrency trading services to its institutional clients, based on reports from Bloomberg and Reuters. The move is reported to be in early stages and has not been confirmed by the bank. Institutional Demand And Product Options Reports have disclosed that the bank is looking at a range of…
View More JPMorgan Eyes Crypto Services As Institutional Demand Grows – A Boost For BTC Price?
According to Morgan Stanley’s wealth unit, some clients should hold only a small slice of cryptocurrencies in their portfolios. The firm’s guidance suggests a cautious approach: up to 2% for more measured portfolios and up to 4% for those seeking higher growth. For accounts built around income or capital preservation, the guidance points to 0% crypto…
View More 2%–4% In Crypto? Morgan Stanley Thinks That’s The Smart Move Now