“Morgan Stanley’s announcement to offer bitcoin to their clients ($5T) in April ushers in a new era,” Eric Weiss, CEO of Bitcoin Investment Group, concluded. “A tidal wave of money is about to flow into bitcoin. Every major bank will follow. Nothing will ever be the same.”
Markets Report: PlanB says Bitcoin price ‘Won’t stop at $100K’ despite price dip
Little interest in this week’s price retracement as attention focuses on a “game-changing” institutional adoption wave reportedly soon to hit the headlines
As for institutional adoption, “...I don't think, I know, starting more or less next week, you're going to see an absolute drumbeat of pretty game-changing milestones from some of these firms,” said NYDIG CEO Robby Gutmann.
Markets Report: Bitcoin aims for top 3 weekly close
All-Time highs remain untouched as continued rejection at $58,000 means that the bull run may be on ice over the weekend
The past week’s trading has been one big guessing game for hodlers as Bitcoin edges ever closer to all-time highs—but avoids hitting them. Rumors that Oracle was about to announce a giant 72,000 BTC buy-in looked set to obliterate the trading channel once and for all, but a let-down instead brought a solid reinforcement of the current range.
Prominent Bitcoin-focused Twitter accounts suspended for hours
The Twitter profiles of PlanB, Willy Woo and others are now back online following a six-hour blackout, but anti-Bitcoin conspiracy theories did get far
News began at 2:25 a.m., when PlanB tweeted, “Just woke up to see my account suspended and all 300k followers gone. No explanation from twitter, no dm, nothing. Does anybody know what happened? More accounts having this problem? @twitter, @twittersupport, @jack HELP!!!”