Wealth management company, Berstein has said that digital asset mining firms with high capacity and a low production cost will become the biggest gainers in the wake of recent trends. According to the report released on Aug 3, the top 4 largest miners who have invested heavily in equipment and capacity will make the most…
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Brokerage firm Bernstein believes that there is a strong possibility that the US Securities and Exchange Commission will approve a spot Bitcoin (BTC) exchange-traded-funds (ETF). In a research report released on Monday, Bernstein said the SEC is under increasing pressure to greenlight such a product, specifically since the commission has already granted approval for futures-based bitcoin ETFs and leverage-based futures ETFs. … Read More:…
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Former Chief Tech Officer at Coinbase, Balaji Srinivasan, took to Twitter to remind his followers about Jared Bernstein’s earlier stance on de-dollarization. The angel investor sees logic in views that the new White House top economist has now abandoned, on the U.S. dollar’s status as a global reserve currency . Not a Bitcoin Maximalist —…
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Brokerage firm Bernstein has advised institutions to dabble into crypto and give up their “zero crypto allocation” strategy. In a research report on Monday, the asset manager said crypto is poised to pivot from a fat infrastructure thesis to a fat application thesis in 2023, laying the foundations for a decade-long “golden age” of innovation…
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