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Bitcoin's seven-month rally is on pause heading into May, now that two key catalysts investors had been closely watching this year – the bitcoin ETFs and the halving – are now behind them. The flagship cryptocurrency has fallen nearly 14% in April, according to Coin Metrics, and is on pace to post its first negative month in eight, and its worst month since November 2022, when FTX collapsed. However, it's proved to be a winning month in the previous halving years of 2012, 2016 and 2020. On Tuesday, Hong Kong bitcoin ETFs began trading. "Whether it's the next month or two months, you'll start to see more wealth management firms approve the ETF on their platforms.
Persons: FTX, It's, bitcoin, Antoni Trenchev, Trenchev, it's, Lyn Alden, Swan, Jerome Powell, there's, Alden, Devin Ryan, you'll Organizations: Metrics, Lyn, Lyn Alden Investment, Federal Reserve, JMP Securities Locations: bitcoin, U.S, Hong Kong, Australia, Japan, Singapore, South Korea
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJMP: The capital markets story is the key piece for bank earnings this quarterDevin Ryan, Director of Financial Technology Research at JMP Securities, discusses earnings from Bank of America, Morgan Stanley, and Charles Schwab.
Persons: Devin Ryan, Morgan Stanley, Charles Schwab Organizations: Financial Technology Research, JMP Securities, Bank of America
Two financial sector experts discuss the big bank earnings ahead
  + stars: | 2023-04-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo financial sector experts discuss the big bank earnings aheadStephen Scouten, Managing Director in FSG Research at Piper Sandler, and Devin Ryan, Director of Financial Technology Research at JMP Securities, discuss their expectations for bank earnings.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo financial experts discuss the banking fallout's impact on the marketsRathbone Investment Management Co-CIO Ed Smith and JMP Securities Director of Financial Technology Research Devin Ryan explains the outlook for the markets amid the global banking turmoil.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. banking system from a capital position is in a good spot, says JMP's Devin RyanDevin Ryan, JMP Securities director of financial technology research director, joins 'Squawk Box' to discuss what the Credit Suisse sale means for the global banking picture and more.
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