Morgan Stanley report: The bitcoin thesis is ‘rapidly morphing’, cryptos highly correlated

The research division of Morgan Stanley, one of the major investment banks, released a new 50-page report titled: “Update: Bitcoin, Cryptocurrencies and Blockchain” on Wednesday. The new report is an update to the first version titled “Bitcoin Decrypted: A Brief Teach-in and Implications”, which was released at the peak of the bubble in December. Morgan … Continue reading Morgan Stanley report: The bitcoin thesis is ‘rapidly morphing’, cryptos highly correlated