
Wall Street Brokers Growing Interested In Bitcoin And Miners, Analyst Says
Fintech institutional investors are growing more aware and interested in BTC and mining companies, DA Davidson analyst Christopher Brendler reported.Interest from Wall Street in Bitcoin is growing, having tripled since the beginning of the year, DA Davidson's analyst said.Analyst Christopher Brendler estimates that three times as many Wall Street brokers that cover the payments sector are taking bitcoin seriously now than in January.DA Davidson recently started researching the industry and is bullish on BTC miners in the short term.Wall Street is growing more aware and interested in....
Related News
Wall Street has previously not been at the forefront of bitcoin trading in the past. However, that looks poised to change. The approvals of three bitcoin ETFs in the past week have brought about more institutional interest in the digital asset and Wall Street brokers are starting to turn their attention to the cryptocurrency. The first Bitcoin ETF recorded trading volumes of over $1 billion on its first day. This success has not missed the radar of Wall Street. Analyst Christopher Brendler sat down with Coindesk to talk about the future of bitcoin in Wall Street. According to Brendler,....
Wall Street has been embracing the latest wave of Silicon Valley financial tech at a fast rate. Over the past several months, many Wall Street Financial companies have embraced the new wave fintech enterprises with remarkable speed. The blockchain an online ledger that tracks the movement of digital currency, but it can also be used to manage, register and secure anything else that has value. Wall Street companies seem to have seen the true potential of the blockchain technology and many are now rushing to invest and develop new applications with this new technology. Jamie Dimon, JP Morgan....
Wall Street is often touted as the place where dreams come to life, but the world’s economic epicenter can also be an absolute nightmare. From brokers screaming at each other across trading floors to the modern electronic trading systems of today, money talks in Wall Street. However, while the NYSE houses over $28.5 trillion in assets, there’s still a lot left unsaid.
On Wall Street, it is believed that history doesn’t repeat itself, but rhymes. The world’s financial systems have failed consistently over time, but when Phemex’s founder Jack Tao....
Just how big a financial opportunity is Bitcoin? Recently, Wall Street has been starting to ask that very question, paying more and more attention to the upstart alternative currency. The first analysis by a registered broker dealer which attempted to value bitcoin's worth was published on 1 December by Wedbush Securities. While Los Angeles-based Wedbush is a respected securities firm, it doesn't count itself among the first-tier of investment banks, or the 'bulge bracket' as its known on Wall Street. The Wedbush research report contained some novel analysis and perspective, but it was....
Wall Street Chads is the first NFT project to create a decentralized community-run investment platform. Inspired by WallStreetBets, the infamous subreddit community which is credited for the meme-investing craze and coordinating one of the largest short squeezes in history, Wall Street Chads leverages the power of the blockchain to bring the same community-driven investment strategies […]