When Money Becomes Programmable – Part 1

Michael Casey is chief content officer at CoinDesk. The following is part of “The Token Economy,” an essay in Alex Tapscott’s new book “The Financial Services Revolution.” Blockchain technology, and the cryptocurrencies, tokens and other digital assets it has engendered,…

Morgan Stanley Buys E*Trade in $13B Deal

Investment bank Morgan Stanley is buying digital stock brokerage E*Trade for $13 billion. According to the Wall Street Journal, the consolidation will give Morgan Stanley an inroad with E*Trade’s 5.2 million retail investors in what will be Wall Street’s largest…

Oil Prices Are Now More Volatile Than Bitcoin

For skeptics and traditional market investors, bitcoin (BTC) is synonymous with extreme bouts of price volatility. However, in recent times, oil has become a relatively risky asset.  The West Texas Intermediate (WTI) oil price’s one-month realized, or historical, volatility stood…