Jim Cramer shared his thoughts on the latest developments in the post Morgan Stanley banking sector ((MRS) – Get the report announced it will offer Bitcoin funds to wealthy customers Cramer believes that receiving payments in cryptocurrency is important for more banks.
The crypto investment products are made available through Morgan Stanley’s capital distribution network.
Coinbase submitted plans to sell 114.9 million shares in an IPO with direct listing.
Bank of New York Mellon ((BK) – Get the report joined several investment banks by participating in seed capital rounds for crypto-custody companies.
It looks like Coinbase could be the first of many crypto exchanges to investigate an IPO after eToro announced it would go public with Kraken.
JPMorgan ((JPM) – Get the report One report said the volume of institutional trading has decreased compared to retail investors.
Follow the Crypto Channel on TheStreet for a more in-depth description of the cryptocurrency, including investment recommendations and strategies.
Here is a list of some of the top cryptocurrencies to watch and their performance over the past week, as measured by the percentage change on Saturday, March 20th, at 9 a.m.
Bitcoin BTC | $ 59,180.01
Bitcoin’s bull run continues as it topped all-time highs in the past few weeks, hitting over $ 61,000, sparking increased interest from institutional investors over the past month.
Ethereum ETH | $ 1,842.54
A change in the way Ethereum transaction fees are handled would reduce the circulating supply of Ether through July.
Cardano ADA | $ 1.27
Cardano became available on Coinbase last week, causing the price of the cryptocurrency to be higher and up over 21% in the past week.
Dogecoin DOGE | $ 0.059
Dogecoin has been up for the last week and last month TheStreet spoke to analyst Kenny Polcari about his problem with Dogecoin.
Binance Coin BNB | $ 270.17
The price of Binance Coin has increased by over 2% in the past week, although it has fallen by over 18% in the last month.
Litecoin LTC | $ 204.59
The South African cryptocurrency exchange iCE3 stopped withdrawing Bitcoin and Litecoin last week after “discrepancies” were discovered, according to Coindesk.
XRP | $ 0.50
XRP continues its battle with the SEC over whether it is a currency that started last December. According to Bloomberg, the SEC is pushing for personal financial information from Ripple executives.
All price developments for cryptocurrencies are referenced and retrieved from Coinbase.
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