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UBS Says Mt. Gox Repayments Are Unlikely To Destabilize Bitcoin Price

UBS strategists say impending Mt. Gox bankruptcy repayments might not be cause for concern for the price of bitcoin.

Bank of America, Goldman Sachs, JPMorgan, UBS Share Predictions About Further Fed Rate Hikes

Goldman Sachs said in a note Thursday that it now expects the U.S. central bank to raise interest three more times this year after data released Thursday pointed to persistent inflation and a resilient labor market. The bank, which previously predicted 25-basis-point rate increases in the Fed’s March and May meetings, now expects another rate hike in June. 

GBTC’s Near $11 Billion Assets Under Management Pose a Risk in the Bear Market: UBS

The size of Grayscale's Bitcoin Trust (GBTC) could pose a potential problem for the entire market — at least according to a UBS report.