SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (174067)7/1/2021 1:25:23 PM
From: ggersh2 Recommendations

Recommended By
maceng2
marcher

  Read Replies (1) | Respond to of 217865
 
“…Too Big To Fail banks are also a growing presence in the cryptocurrency market. Goldman Sachs plans to open a cryptocurrency trading desk, BNY Mellon allows its clients to hold Bitcoin as of February 19, Wells Fargo will offer professionally managed cryptocurrency funds for qualified investors. Morgan Stanley’s Europe Opportunity Fund reported owning 28,298 shares of the Grayscale Bitcoin Trust, according to a June 28 filing. Venture Capital firms have already invested $17 billion into cryptocurrency firms so far in 2021, more than three times what they invested in all of 2020. In addition, the concentration of particular cryptocurrency assets into a small handful of addresses raise concerns about power concentrations. To take one example, there are several very large ‘whales’ in the Dogecoin cryptocurrency, including a single address that holds over 36.7 billion DOGE (or some 28% of total Dogecoin) worth more than $8 billion. As of February, the top 20 largest Dogecoin addresses held half of the cryptocurrency’s entire supply.”

wallstreetonparade.com



To: maceng2 who wrote (174067)7/1/2021 6:03:40 PM
From: TobagoJack  Read Replies (1) | Respond to of 217865
 
I suspect the trade war shall continue because both sides can use the war for other stuff

just like the virus

even the news flow is such that one cannot readily tell what, if anything, is really going on

Appears to me that China is talking mathematics and the structure of mathematics, whereas USA is going on about communism and the structure of communism, even as China folks no longer know what communism is, at least not to the same extent / level as folks in California might

scmp.com



“If we want to develop a long-term healthy and stable China-US economic and trade relationship, we have to face the problems … not only about trade, but also structural issues such as the two nations’ productivity competition, technological innovation and mutually opening markets,” Zhu said.
“The trade war is only superficial … competition over productivity is the deep-seated issue.”