Morgan Stanley note in a report that institutional interest and activity is increasing in cryptocurrency. Market is currently moving within consolidation mode, pending another breakout. A latest report by U.S. investment bank, Morgan Stanley, notes that investors presence of involvement with Bitcoin and other cryptocurrencies is increasing, Whereas, the number of retail investors in the remains stagnant currently. Within the report Morgan Stanley noted, the fact that large financial institutions are becoming more involved within the space, citing Fidelity’s new crypto services division, detailing investments in Seed CX, BitGo as well as Binance, recent regulatory approvals and the fundraising round by exchange Coinbase. In terms of the cryptocurrency market movements in general today – Thursday, much consolidation can be seen across the board. This coming after the heavy selling pressure seen on Monday, then the spike higher on Wednesday, recovering some of those losses. Price behavior noteworthy with the likes of Bitcoin, Ripple, Litecoin and Ethereum, have formed bullish pennant pattern set ups, which have the potential to see an extended breakout north. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next AUD/USD Technical Analysis: Aussie bulls erase October losses and test the 0.7200 figure FX Street 4 years Morgan Stanley note in a report that institutional interest and activity is increasing in cryptocurrency. Market is currently moving within consolidation mode, pending another breakout. A latest report by U.S. investment bank, Morgan Stanley, notes that investors presence of involvement with Bitcoin and other cryptocurrencies is increasing, Whereas, the number of retail investors in the remains stagnant currently. Within the report Morgan Stanley noted, the fact that large financial institutions are becoming more involved within the space, citing Fidelity's new crypto services division, detailing investments in Seed CX, BitGo as well as Binance, recent regulatory approvals and the fundraising… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
