Week in review: Feb. 19, 2021 - Bitcoin Breaks $50k

Bitcoin surpasses $50,000 for first time as major companies jump into crypto

CNBC: February 16, 2021

Bitcoin’s price broke above $50,000 for the first time in history Tuesday, continuing its blistering rally as major companies appear to be warming to cryptocurrencies.

World’s Largest Asset Manager BlackRock Is 'Dabbling’ In Bitcoin: CIO

Decrypt: February 17, 2021

Rick Rieder, CIO of global fixed income at BlackRock, said the company is starting to dabble in crypto. The company has been teasing crypto products for a while now.

Morgan Stanley may bet on Bitcoin in US$150B investment arm

BNN Bloomberg: February 13, 2021

A US$150 billion Morgan Stanley investing arm known for its prowess in picking growth stocks is considering adding Bitcoin to its list of possible bets.

Survey finds 5% of corporate CFOs plan to buy Bitcoin in 2021

CoinTelegraph: January 29, 2021

More than 70% of financial executives surveyed are closely watching what everyone else is doing with Bitcoin before they decide on investing their companies’ cash reserves in it.

Tesla Board Member Is a Director at Two Cryptocurrency Companies

Decrypt: February 15, 2021

Antonio Gracias, the Tesla board member who was on the committee, is also a director at BitGo, a digital asset security and custody company, and at crypto trading platform ErisX.

Bitcoin Hits Fresh High Above $55,000, Showing Sustained Momentum

Forbes: February 19, 2021 The cryptocurrency, which recently surpassed a market capitalization of $1 trillion, reached $55,707.21 this afternoon, according to CoinDesk data.

Institutional Grade Digital Assets Trading and Custodian Services built on the foundation of Security, Accessibility, Compliancy and Transparency.

Sign Up For Our Newsletter

ALT 5 Sigma covers fintech, blockchain, Bitcoin and cryptocurrencies bringing you the latest news and analysis on the future of money.