‘Research from CBA has found a large number of its customers want to access crypto assets as an investment class and are already buying, selling and holding crypto assets through a variety of crypto exchanges.’
The first leg for gold stocks could be down to a value pivot or correction where existing profits and high-cash balances — there’s some great margins available...
Bitcoin and ETH price charts look like small-cap charts…the FUD (fear, uncertainty, and doubt) strikes back!...old finance wants to understand this ‘existential threat’…and more…
Money is dying. No one wants to be left holding the bag of worthless fiat, so they’re putting their dollars into land, stocks, cryptos, commodities…anywhere but a bank account earning peanuts in interest...
In today’s Money Morning…this is a crypto hiccup, because BTC is becoming more hedge than speculation…I don’t buy that narrative…S&P 500 mega-stocks face more headwinds than crypto post-Yellen comments...