LAND, the token of metaverse platform Decentraland, is up over 8% on the day, following the release of a report from JP Morgan calling the metaverse a $1 trillion market opportunity. JP Morgan’s...
Tag: Morgan
Accused Bitfinex Bitcoin Launderer Heather ‘Razzlekhan’ Morgan Released on Bail
A federal judge yesterday ordered the release of Heather Morgan, one half of the couple accused of laundering billions of dollars worth of Bitcoin after the 2016 Bitfinex hack. Morgan’s husband, Ilya ...
JP Morgan Private Bank strategist believes he is late to the crypto party
Crypto is here for all investors as JP Morgan strategist believes he is late The price of altcoins are directly linked to the price of Bitcoin Four NFT owners in SuperRare platform own 16,000 work o...
Bitcoin at $ 150,000- The Cryptonomist
According to JP Morgan’s latest report, Bitcoin’s value is currently overvalued by 17%, but BTC can reach $150,000 in the long run. JP Morgan’s analysis of Bitcoin: the report JP Morgan’s latest repor...
Here’s Why Ethereum (ETH) Could Have a Larger Market Than Bitcoin (BTC), According to Morgan Stanley Analyst
An analyst from banking giant Morgan Stanley says that Ethereum (ETH) could ultimately have a larger market than Bitcoin (BTC). According to a report seen by Barron’s, Morgan Stanley strategist Denny ...
JP Morgan Ups the Ante, Predicts BTC Long Term Value Of $150K
Strategists at Wall Street investment bank JPMorgan feel that Bitcoin is overpriced, and its actual value is much less than its present value. According to JPMorgan Chase strategists led by Nikolaos P...
Morgan Stanley Wants to Educate Investors on Ethereum
It’s not often that one of the major wirehouses tells clients to pay attention to cryptocurrencies, so when Morgan Stanley Wealth Management introduces a 20-page primer on the cryptocurrency Ether, it...
Algorand Foundation Names Ex JP Morgan as CEO, ALGO Soars 10%
Today, the Algorand Foundation announced the appointment of Staci Warden as their CEO. On the board of the foundation since September 2021, according to a press release, Warden will take on the respon...
Morgan Stanley Pounds the Table on Microsoft Stock
What do cloud computing, digital transformation, productivity, enterprise automation and security all have in common? All are secular growth trends powering Microsoft’s (MSFT) top-line, according to M...
Heather Morgan & Ilya Lichtenstein arrested for crypto laundering — Quartz
On Feb. 8, the US Justice Department announced that Heather Morgan and Ilya Lichtenstein were arrested and charged for conspiracy to launder stolen cryptocurrency worth an estimated $4.5 billion. The ...
JP Morgan readjusts long-term BTC price prediction to $150k, but ‘fair-value’ is set at..
Financial services giant JP Morgan Chase has once again upped its long-term price prediction for Bitcoin, even as its analysts don’t view short-term fundamentals to be working in its favor. In a recen...
Ilya Lichtenstein and Heather Morgan
The recovery of the stolen BTC from the 2016 Bitfinex hack was the news of the day. That story’s protagonists, though, they’re legends in the making. You can already tell that Ilya Lichtenstein and H...
Meet Heather Morgan: The ‘Rapper’ and Forbes Contributor Arrested in the $4B Bitcoin Heist
In brief Posts on various social media account show Morgan had an active New York social life. She is an aspiring rapper and a Forbes contributor. The crypto world is buzzing over the news that the Ju...
Solana (SOL), Avalanche (AVAX) and Two More Altcoins Will Survive ‘Crypto Winter’: Morgan Creek’s Mark Yusko: Report
Morgan Creek Capital Management’s Mark Yusko is naming four crypto assets that he believes could withstand a market downturn relatively well. According to a Business Insider report, Yusko says that th...
Morgan Stanley downgraded this legacy automaker to ‘equal-weight’
General Motors Company (NYSE: GM) has been a nightmare for shareholders in recent weeks, with the stock down about 25% from its high in early January, and Morgan Stanley doesn’t expect much of a recov...
Rivian or Lucid? Morgan Stanley Weighs In
2021 was a fabulous year for investors in electric cars. In quick succession, Lucid Motors (LCID), Rivian Automotive (RIVN), and Arrival (ARVL) joined industry leader Tesla (TSLA) as publicly traded c...
Morgan Stanley: Bitcoin’s drop is a correction
According to a report by the American investment bank Morgan Stanley, the 50% drop in Bitcoin and most cryptocurrencies from November’s record high to date is not at all worrying: it would only be a c...
Morgan Stanley’s Top Pick for 2022
Any concerns Apple (AAPL) was about to feel the impact of supply shortages in its December quarter (F1Q22) report were given short shrift after the company delivered an earnings masterclass. The tech ...
JP Morgan: Bitcoin, Ethereum Continue to Face ‘Significant Challenges’
JP Morgan analysts have said that Bitcoin will struggle to get institutional adoption because of its volatility while Ethereum will face more competition from rival blockchains. In a note for investo...
Morgan Stanley Says Bitcoin’s 50% Correction Is Nothing New
Bitcoin’s 50% drop from November’s record high is nothing new and the correction is within historical norms, Morgan Stanley said in a research note entitled “State of the bear market.” Est...
DraftKings stock pops as Morgan Stanley highlights ‘Too Big an Opportunity to Ignore’
DraftKings stock (DKNG) popped as much as 18% on Wednesday following a bullish call from a Morgan Stanley analyst. The stock, which has struggled in recent months, settled up 5.2% on that day at $20....
Morgan Stanley sees a 60% upside
DraftKings Inc (NASDAQ: DKNG) went up 15% in the stock market on Wednesday after Morgan Stanley said it was “too big an opportunity to ignore” in the wake of the recent sell-off. DraftKings upgraded t...
JP Morgan Chase halts Uniswap founder’s bank account
Uniswap founder’s account has been halted by JP Morgan Chase without any explanation Hayden Adams highlighted that the incident was personal as he knew several individuals and firms who have been simi...
Growth slowdown to spark 10% stock plunge, Morgan Stanley warns
Investors may be playing with fire. According to Morgan Stanley’s Mike Wilson, the S&P 500 is vulnerable to a 10% plunge despite Monday’s late buying binge. He warns investors are dang...
Morgan Stanley Says ‘Winter Is Here’ for Stocks
(Bloomberg) — One after the other, stock market bears say their calls have finally been vindicated. Morgan Stanley’s Michael Wilson is the latest to claim his warnings were spot on. Most Read fr...
Morgan Stanley Strategist Who Called China Rout Still Won’t Buy
(Bloomberg) — Jonathan Garner is a notable holdout in a market where an increasing number of strategists have turned bullish on Chinese stocks. Most Read from Bloomberg Having warned about valua...
ChargePoint Offers an Attractive Entry Point at Current Levels, Says J.P. Morgan
Here’s an experiment. Remove all mega caps, choose your segment of the stock market, hang it up on a board and close your eyes. Then, stick a pin anywhere, and what do you get? Most likely a stock tha...
ChargePoint Upgraded by J.P. Morgan. Pullback Could Be a Good Entry Point.
Text size ChargePoint’s pullback could be a good entry point for investors, J.P. Morgan says. Dania Maxwell/Bloomberg ChargePoint Holdings shares were up Friday after J.P. Morgan upgraded its ra...