Archive: Wells Fargo
Crypto News Roundup: Bank of America Can’t Ignore Bitcoin
By Vin Narayanan on October 7, 2021
Much has happened in the crypto world since we spoke to you just last week! As I write this, bitcoin is trading for more than $51,000. Big banks are pushing hard to release crypto products. And the SEC is doing SEC things. Let’s take a look at the news that’s driving the markets. U.S. Bank launches crypto custody solution News: U.S. Bank is the fifth-largest retail bank in the United States. And it…
Institutional Investors Likely to Grapple With Crypto FOMO
By Adam Sharp on August 20, 2021
Back in December 2020, I wrote the following in “Institutional Bitcoin Is Here to Stay:” Insurance giant MassMutual announced last week that it had purchased $100 million worth of BTC. It also took a $5 million equity stake in New York…
Crypto Monitor: Time to Buy the Dip
By Early Investing on July 19, 2019
The crypto markets are offering an enticing buying opportunity this week. Meanwhile, the government is still panicking about Libra.