Business

Morgan Stanley CEO says bitcoin isn't a large part of the bank's business, but admits crypto is more than just a 'fad'

12 days ago   |   By Business Insider

Morgan Stanley CEO James Gorman. Andrew Burton/Getty Images; Samantha Lee/Insider
Andrew Burton/Getty Images; Samantha Lee/Insider
Morgan Stanley CEO James Gorman said crypto isn't in demand for the bank's clients.
Even so, he admitted on the bank's earnings call that cryptocurrencies aren't just a fad.
He said he's watching how regulators plan to handle the space.
Morgan Stanley CEO James Gorman says crypto isn't a big part of the bank's business but, he admits, it's more than just a passing trend. Gorman made the comments on the company's third-quarter earnings call after an equity...
Read more ...

 

Russia is mulling energy tariffs for crypto mining amid a wave of migration following China's ban, report says

12 days ago   |   By Business Insider

Getty Images
Russia is considering slapping special energy tariffs on cryptocurrency miners, CoinTelegraph reported.
The energy minister said he is exploring ways on how to distinguish energy used for crypto mining.
In June, Beijing ordered bitcoin miners in the country to shut down, triggering an exodus from China.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
Russia is considering slapping special energy tariffs on cryptocurrency miners amid a wave of migration following China's recent wide-ranging industry ban, CoinTelegraph reported. Energy Minister Nikolai...
Read more ...

 

Mark Cuban recommends investing in dogecoin for 'fun,' but says ethereum has the most upside when it comes to crypto

13 days ago   |   By Business Insider

'Shark Tank' star Mark Cuban. Christopher Willard/ABC via Getty Images
Christopher Willard/ABC via Getty Images
Mark Cuban said ethereum has the "most upside" in the crypto world, CNBC reported.
The billionaire investor said dogecoin is "fun" and educational.
The meme-inspired coin also has the best use-case for buying goods and services, he said previously.
When it comes to crypto, billionaire investor and Shark Tank host Mark Cuban said ethereum might be the best bet. "As an investment, I think ethereum has the most upside," Cuban told CNBC Wednesday. So far this year, ethereum has...
Read more ...

 


Search by Tags

   Business      Markets      Bitcoin      Morgan Stanley      James Gorman      Cryptocurrencies      Ethereum      Digital assets      Jamie Dimon      JPMorgan      Citadel      Ken Griffin      China      MI Exclusive      China crypto      China crypto crackdown      China crypto illegal      China cryptocurrency      Crypto mining      Crypto mining ban      Bitcoin Mining      Bitcoin mining ban      Bitcoin mining stocks      Crypto      China bitcoin      China bitcoin crackdown      China bitcoin mining      Russia Oil      Russia      Russia energy      Recommender      Currency      Inspiration      Store      Money      Mark Cuban      Dogecoin  


IATA urges rapid reopening of global airline industry

IATA urges rapid reopening of global airline industry

IATA or The International Air Transport Association urged governments to use the commitments reached at the ICAO High Level Conference on COVID-19 to make real progress towards... Read more ...

Billionaire investor Ron Baron has seen his Tesla holdings balloon to over...

Ron Baron, chairman and CEO of Baron Capital Management. Baron Capital Management The Tesla stock holdings of billionaire investor Ron Baron's namesake fund have ballooned to... Read more ...

Warren Buffett's Berkshire Hathaway Class A shares briefly soared 51% to...

Warren Buffett said he was seeing "very substantial inflation." Nati Harnik/AP Class A Shares of Berkshire Hathaway briefly soared 51% in after-hour trading on Tuesday. Three... Read more ...

Biden mocks Virginia GOP gubernatorial candidate Glenn Youngkin for not...

President Joe Biden speaks at a rally for Democratic gubernatorial candidate, former Virginia Gov. Terry McAuliffe, Tuesday, Oct. 26, 2021, in Arlington, Virginia. Alex... Read more ...

People who eat meat report lower levels of depression and anxiety than...

A man eats his lunch at Holycow steak house in Jakarta, Indonesia on December 7, 2012. Reuters/Enny Nuraheni A recent analysis suggests a link between meat-free diets and... Read more ...

Los Angeles is launching the US' biggest universal basic income pilot. The...

California Gov. Gavin Newsom. Los Angeles is launching a universal-basic income program, set to be the biggest in the US so far. Justin Sullivan/Getty Images Los Angeles is... Read more ...

Top US general says Chinese hypersonic weapon test very close to 'Sputnik...

Chairman of the Joint Chiefs of Staff Gen. Mark Milley Chip Somodevilla/Getty Images The top US general says a recent Chinese hypersonic weapon test is "very concerning." Gen... Read more ...

Yes, Champagne Tastings With Vegetables Are Now A Thing

One luxury boutique hotel proves that it's vegetables and herbs that really bring out the flavor of the bubbly. Read more ...

The latest virtual meeting technology tools

The latest virtual meeting technology tools

The COVID-19 pandemic has introduced the work-from-home culture and the system of virtual meetings and events all across the world. Conducting meetings and events through... Read more ...

Halloween Festivals in Europe

Halloween Festivals in Europe

The name Halloween derives from the old European celebration of All Hallows' Eve. The tradition dates back to the ancient Celtic harvest festival of Samhain. Halloween is... Read more ...