Morgan Stanley Recommends a 4% ‘Opportunistic’ Crypto Portfolio Allocation

U.S. banking titan Morgan Stanley’s Global Investment Committee (GIC) recommends an allocation of up to 4% of portfolios to cryptocurrency, according to an Oct. 1 note. The 4% allocation is at the top end of GIC’s recommendations, pertaining to investors seeking “opportunistic growth,” according to the note, shared on...
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Why Pi Network price crash sparks rug pull fears

The Pi Network plunges over 90% from its peak, wiping out billions from its market cap. Many community members are speculating on whether this means a rug pull is on the horizon. According to data from crypto.news, the token has…...
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Stock Market Today: Dow Jones, Nasdaq Futures Slip Amid Delay In Trade Deficit Data During Shutdown—Trilogy Metals, AMD, Applovin In Focus

U.S. stock futures fell on Tuesday following Monday’s mixed moves. Futures of major benchmark indices were lower. The Advanced Micro Devices Inc. (NASDAQ:AMD) deal with OpenAI fueled the rally in AI-linked stocks on Monday, which has been powering Wall Street’s bull run this year. Meanwhile, President Donald Trump indicated...
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India eyes RBI-backed digital currency in no-crypto push

India is set to introduce a digital currency backed by the nation’s Reserve Bank as it continues its cautious approach to regulating cryptocurrency. India has revealed plans to launch a digital currency backed by the Reserve Bank of India (RBI)…...
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