# MassMutual Bitcoin purchase proves crypto demand is rising, JPMorgan says

# MassMutual Bitcoin purchase proves crypto demand is rising, JPMorgan says

“# MassMutual Bitcoin purchase proves crypto demand is rising, JPMorgan says ” MassMutual’s $100 million Bitcoin (BTC) purchase shows that the demand for cryptocurrency will be growing further, according to strategists at major investment bank JPMorgan. In an investor note on Dec. 11, JPMorgan strategists including Nikolaos Panigirtzoglou reportedly suggested that Bitcoin adoption is now…

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#Silver Spike Acquisition shares soar amidWeedMaps merger

#Silver Spike Acquisition shares soar amidWeedMaps merger

“#Silver Spike Acquisition shares soar amidWeedMaps merger” Shares of blank-check company Silver Spike Acquisition Corp. took off Thursday after it announced plans to merge with cannabis review platform WeedMaps. Investors sent the stock up as much as 42 percent after the company, formed last year to raise money to buy real businesses, said it has…

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# Bitcoin will gain from distrust in traditional finance, says bank strategist

# Bitcoin will gain from distrust in traditional finance, says bank strategist

“# Bitcoin will gain from distrust in traditional finance, says bank strategist ” Bitcoin (BTC) poses a significant threat to the world’s reserve currency, the United States dollar, according to a strategist at major American investment bank Morgan Stanley. Ruchir Sharma, chief global strategist at Morgan Stanley Investment Management, believes that the dollar’s reign is…

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#Michael Sabia’s sure going to do something

#Michael Sabia’s sure going to do something

“#Michael Sabia’s sure going to do something” The reviews of Michael Sabia’s appointment as deputy minister of finance are as positive as they are comically vague. “I think he’s going to shake up the department,” Scott Clark, one of Sabia’s predecessors in the DM job, told the National Post‘s Jesse Snyder. “I don’t think they’re…

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#BlackRock poised to replace Goldman Sachs inside the White House

#BlackRock poised to replace Goldman Sachs inside the White House

“#BlackRock poised to replace Goldman Sachs inside the White House” Forget “Government Sachs” — it’s BlackRock that’s shaping up to be Wall Street’s new elephant inside the White House. President-elect Joe Biden is raising eyebrows with chatter that he’s poised to name two executives from BlackRock — the asset-management colossus headed by billionaire Larry Fink,…

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