The price of the bitcoin briefly exceeded 49,000 dollars (almost 40,500 euros) on Sunday morning, a new record. The increase in value may be the result of Counterpoint Global (an investment arm of Morgan Stanley Investment Management) in the virtual currency, which the news agency Bloomberg Saturday evening.
Counterpoint Global would consider adding bitcoin to its list of options for investors, insiders say Bloomberg. This still requires permission from regulators and the parent company.
The interest, according to analysts, indicates a growing acceptance of cryptocurrencies on the side of the establishment; Morgan Stanley is 90 years old this year. The value of such currencies, including bitcoin, fluctuates widely. As a result, not everyone is convinced of the meaning of investing in crypto coins.
On Friday, Twitter CEO Jack Dorsey announced that he will set up a fund together with rapper and entrepreneur JAY-Z to make bitcoin the common means of payment for the internet.
The value of the bitcoin reached a provisional high that same day: USD 48,930. This happened after Mastercard and the American bank BNY Mellon took steps to make the use of bitcoin easier.
Last week, bitcoin’s price took off when Tesla announced it had invested $ 1.5 billion in the crypto. The manufacturer of electric cars wants to accept bitcoin as a means of payment.
Source: NU by www.nu.nl.
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