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Morgan Stanley holds $3.6 Millon worth of BTC
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[QUOTE="uptrendfinancialsignal, post: 292819, member: 78381"] A very big investment bank known as Morgan Stanley with a huge trillion dollar assets under it management holds humongous Bitcoin in dollars for their customers. The Investment bank has about 6.5 billion assets under it management and it is holding $3.6 million worth of GBTC. It's been a while we had a positive news around bitcoin acceptance basically because of the decline in the price of the cryptocurrency . The cryptocurrency has declined tremendously to the extent that people did not want to associate with it anymore and they're sceptical of investing on it . It is highly important to also stressed that bitcoin will probably make a rebound according to the research that was made and if we continue to witness positive news like this one, we will continue to receive massive acceptance of Bitcoin here and there, the price of the cryptocurrency will go on the uptrend. This is going to happen in the future because cryptocurrency enthusiast are beginning to lay fears about taking up more bitcoin for future gain and they are obviously going to increase thte Bitcoin Holdings with the plight that it will increase in the future. We need to be very optimistic that bitcoin will increase in the future. [/QUOTE]
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Morgan Stanley holds $3.6 Millon worth of BTC
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