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Re: stiv post# 1502

Tuesday, 02/16/2021 12:14:07 PM

Tuesday, February 16, 2021 12:14:07 PM

Post# of 2188
Now Morgan Stanley leaning into Bitcoin...

A $150 billion investment arm of Morgan Stanley is weighing up getting involved in bitcoin, according to a report, as the soaring price of the biggest cryptocurrency garners attention on Wall Street.
In another example of the rising interest, JPMorgan co-president Daniel Pinto said on Friday he's "sure" demand for bitcoin will pick up to the extent that the Wall Street giant will "have to be involved."


Above pull quote from here -

https://markets.businessinsider.com/currencies/news/bitcoin-investing-cryptocurrencies-wall-street-jpmorgan-morgan-stanley-blackrock-tesla-2021-2-1030083958

Tesla has put almost 8% of its reserves into the cryptocurrency. If Apple, Microsoft, Facebook, Twitter and Google were to do the same, this would translate into almost another US$7 billion investment. This is less than 1% of the total current worth of the bitcoin market, but the signal that it would send to other companies and retail investors would likely trigger a bull run that would make the current market look comparably stable. Some crypto analysts are already predicting that the price will rise to US$100,000 or even US$200,000 before 2021 is out.


Above pull quote from here -

https://theconversation.com/bitcoin-why-a-wave-of-huge-companies-like-tesla-rushing-to-invest-could-derail-the-stock-market-154966

Also -
https://9to5mac.com/2021/02/08/apple-and-bitcoin-4-ways-to-make-a-crypto-move/

If Cathie Wood, Elan Musk, Michael Saylor, and others are correct, we could be about to see a once-in-a-lifetime event if/when Bitcoin melts up.

These three miners moving up today too -

https://schrts.co/mgFTtAmE
https://schrts.co/dFmwGcjT
https://schrts.co/keqHatKp

My posts are my opinion. Always trade at your own risk.

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