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Why a $631B Asset Manager Just Changed Its Mind on Bitcoin

In a research note intended for clients, investing giant AllianceBernstein says it changed its mind on bitcoin’s role in asset allocation.

By Nathaniel WhittemoreDec 1, 2020

Breakdown 12.1 $631B Asset Manager AllianceBernstein Bitcoin

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Today

2:34 AM

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Bitcoin holds below $80,000 as January prediction contracts miss liquidation-driven slide: Asia Morning Briefing

Options markets signaled rising tail risk as liquidations mounted, but January prediction odds adjusted slowly as bitcoin volatility unfolded.

2:03 AM

'This is absolutely INSANE': Bitcoin’s weekend crash exposes the cracks beneath crypto’s latest boom

Here is what happened this weekend and what it means for the crypto industry.

Yesterday

7:06 PM

Negative

Bitcoin's 'hopium' for bulls may be over and this weekend's slide could be just the beginning

Bitcoin’s sharp weekend drop triggered fresh liquidations, with analyst Eric Crown warning the market may face months of further downside.

7:00 PM

Positive

Hong Kong is positioning itself as crypto’s global connector, says lawmaker Johnny Ng

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