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wNews: How Institutions and Teletubbies Fell in Love With Crypto

DATE POSTED:April 2, 2021

This week’s wNews digs into both the official arrival of institutions to crypto and the current market’s froth level. Finding signal in the noise was all the more hampered by April Fool’s Day, a horrific celebration. 

Goldman Sachs announced on Wednesday that they would be rolling out a suite of Bitcoin-related products in Q2. Shortly after, Morgan Stanley reported the launch of a dozen funds that “may have access to Bitcoin indirectly.”

For many in the space, institutional inflows have been clear for some time. Goldman Sachs and Morgan Stanley have simply announced this fact to the rest of finance. Other parts of the market are just as bullish, but it seems less meaningful. 

The TubbyCoin BigHugs! Token, an official Teletubbies cryptocurrency made with special HugTech from WildBrain Labs is here. For every like, share, comment of #TubbyCoin, the TubbyCoin becomes more valuable! Let’s take it to the moon.