2%–4% In Crypto? Morgan Stanley Thinks That’s The Smart Move Now

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… Continue reading 2%–4% In Crypto? Morgan Stanley Thinks That’s The Smart Move Now

Bitcoin To Rally To $250,000 If This Condition Is Met, Analyst Says

The price of Bitcoin has shown no significant movement in the last day rising by only 0.78% according to data from CoinMarketCap. Following a widescale crash in the global financial markets, the crypto market leader pulled off a strong recovery in the past week, gaining by 16% to reach a peak of $62,000. As Bitcoin… Continue reading Bitcoin To Rally To $250,000 If This Condition Is Met, Analyst Says

Morgan Stanley Authorizes Advisors To Offer Bitcoin ETF Products, Report

Morgan Stanley, one of the largest investment banks in the United States, has announced that it will soon allow its 15,000 financial advisors to offer Bitcoin ETF (exchange-traded fund) products to eligible clients.  Interestingly, this is the first time a major Wall Street bank has given its wealth management division the green light to promote… Continue reading Morgan Stanley Authorizes Advisors To Offer Bitcoin ETF Products, Report