Morgan Stanley’s Bitcoin Exposure Through Grayscale’s GBTC Is Worth Nearly a Million Dollars

Banking giant Morgan Stanley is already exposed to Bitcoin through the largest digital asset managed, Grayscale Investments, which has $29 billion in assets under management (AUM). According to a June 28 filing with the US SEC, the bank’s Morgan Stanley Europe Opportunity Fund Inc. owned 28,298 Grayscale Bitcoin Trust (GBTC) shares as of April 30. […]

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How Bitcoin’s Price May React to July’s Historic Drop in Mining Difficulty

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Courtesy of China’s intense crackdown on Bitcoin mining, approximately 70% of the country’s Bitcoin mining capacity has already halted its operations. Moreover, this figure is estimated to reach 90% by the end of June. […]

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India’s Crypto Investments Grew Over $39B in a Year – Despite Regulatory Hostility

Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. India’s traders have been unfazed by consistent fears of harsh crypto regulations. Rather than shunning away from these assets, its citizens have invested what now totals around $40 billion into the industry in the […]

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Schwab, TD Ameritrade Tighten Margin Requirements for AMC, GME

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Robinhood, TD Ameritrade and Charles Schwab have all restricted stock trading during January’s short squeeze. With volatility lessons under the belt, TD Ameritrade and Schwab announced beforehand they will not restrict either buying or […]

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