Archive | Morgan Stanley

Morgan Stanley CEO, James Gorman, Offers More Rational Words on Bitcoin

It might seem that lately, the world of high-finance want nothing more than to drop a proverbial load all over Bitcoin but CEO of leading global financial services firm Morgan Stanley, James Gorman, offered words to support the contrary on Wednesday. Speaking at a conference hosted by The Wall Street Journal, he said he considered Bitcoin […]

ICO Bubble Is Just Starting, Ex-Morgan Stanley CEO to Raise $950 Million

According to bitcoin analyst and researcher Tuur Demeester, the former CEO of Morgan Stanley — the $89 billion U.S.-based bank — is seeking to raise over US$950 million in an initial coin offering (ICO), merely a few days after prominent boxer Floyd Mayweather raised over US$30 million in an ICO he sponsored. ICO Second Wind? […]

Morgan Stanley Believes Bitcoin Acceptance is Shrinking

Investment bank Morgan Stanley recently came out with a report suggesting bitcoin acceptance has dropped to “virtually zero and shrinking.” The report was created by the investment bank’s internal analyst team, which was headed by James E Faucette.  Also read: BTCC Founder Bobby Lee Says Cryptocurrencies Need Regulation A Yahoo Financial article elaborated, saying, “According to […]