Tag Archives: Wall Street

CRYPTO TRADING IS THE NEW WALL STREET

The crypto market continues to attract former Wall Street traders, and now we know why. Nelson Minier, who is the head of OTC at cryptocurrency exchange Kraken, was featured on Nasdaq TradeTalks as a guest. Minier, who hails from the trading desks at firms such as JPMorgan and Credit Suisse, explained how the trading dynamic has shifted. For instance, Kraken’s workforce has expanded 4x from less than 200 to more than 800. There’s a reason for that. Continue reading CRYPTO TRADING IS THE NEW WALL STREET

Billionaire Wall Street Titan Henry Kravis Places First-Ever Crypto Bet

Kohlberg Kravis Roberts (KKR) Co-Founder Henry Kravis has decided to try his luck with cryptocurrencies. He follows in the steps of other finance hotshots such as Alan Howard, Louis Bacon, and Peter Thiel, who have all got involved in crypto. Continue reading Billionaire Wall Street Titan Henry Kravis Places First-Ever Crypto Bet

WALL ST. ANALYST LAUNCHES MISERY INDEX FOR BITCOIN ANALYSIS

The price of Bitcoin is largely driven by speculation, and as a result, it fluctuates wildly. This presents a problem to both old and new investors when deciding whether to buy the digital currency or not. While fundamental and technical analysis along with other methods of analyzing market behavior has been used to make informed decisions on Bitcoin investment, they are often inaccurate when predicting future events. Continue reading WALL ST. ANALYST LAUNCHES MISERY INDEX FOR BITCOIN ANALYSIS

Coinbase Engages SEC about Turning into a Regulated Brokerage

The San Francisco-based cryptocurrency exchange is reportedly in talks with the US Securities and Exchange Commission (SEC) about becoming a regulated brokerage firm and trading platform. According to The Wall Street Journal, Coinbase reached out to regulators about the getting licensed even as the SEC moves closer to crafting some regulatory framework by which exchanges and other market players would operate. Continue reading Coinbase Engages SEC about Turning into a Regulated Brokerage

Wall Street Banker Quits to Advise ICO

Brian Wirtz must have been a fish out of water at Credit Suisse Group AG. The investment banker for the bank’s tech, media and telecom group was more interested in evangelizing cryptocurrencies than he was traditional deals, and most likely that made him the odd man out at a firm as traditional as Credit Suisse. Continue reading Wall Street Banker Quits to Advise ICO