Dormant Whales Stir Amid Bitcoin’s Cool Down — $28 Million in Vintage BTC Just Shifted

The post Why Morgan Stanley’s revised 60/20/20 portfolio is a wake-up call for investors appeared on BitcoinEthereumNews.com. Morgan Stanley’s Chief Investment Officer, Mike Wilson, has upended conventional wisdom surrounding the classic 60/40 portfolio, advocating instead for a 60/20/20 mix. Gold now joins bonds as a direct allocation for investors seeking resilience in a time of inflation and market volatility. A new framework from Morgan Stanley Instead of relying solely on bonds to offset equity risk, Morgan Stanley recommends a 60/20/20 model that shifts 20% of the portfolio into gold, positioning it as a superior inflation hedge over Treasuries and suggesting shorter-duration bonds to optimize rolling returns. Wilson explained: “Gold is now the asset that demonstrates resilience, surpassing Treasuries. High-quality stocks and gold serve as the most effective hedges.” This marks a break from tradition, as gold outperformed bonds as the classic diversifier for equity portfolios over the last two decades. There has been a global uptick in gold purchases lately, with El Salvador, the BRICs (Brazil, Russia, India, and China), and Poland all ramping up purchases to historic levels, and central bankers expecting to buy more gold. For investors, this means revisiting assumptions about risk protection. Gold’s safe-haven profile and independence from real rates have converted it into a portfolio mainstay. Morgan Stanley acknowledges that U.S. equities offer “historically low upside” over Treasuries, while long-term bonds are under pressure from rising yields and tight credit spreads. Implications for investors For investors, the new split offers greater protection against inflation and geopolitical risk, which is critical as central banks face supply-side dilemmas and surging deficits. For the U.S. Treasury, Morgan Stanley’s revised portfolio falls like rain on a picnic, as macroeconomist and goldbug Peter Schiff pointed out: “The only way to go from a 60/40 portfolio to a 60/20/20 portfolio is to sell bonds. This amounts to Morgan Stanley reducing U.S. Treasuries to a sell. This could not…

The post Crypto Strategy Shake-Up in the Asia-Pacific Region appeared on BitcoinEthereumNews.com. Across the Asia-Pacific markets, stock exchanges are tightening their controls on corporate cryptocurrency holdings. With a growing number of organizations incorporating digital currencies like Bitcoin into their treasury management practices, regions such as India, Hong Kong, and Australia are putting regulatory measures in place to manage this trend. Continue Reading:Crypto Strategy Shake-Up in the Asia-Pacific Region Source: https://en.bitcoinhaber.net/crypto-strategy-shake-up-in-the-asia-pacific-region

The post SoftBank’s AI rollout with OpenAI in Japan falls behind schedule appeared on BitcoinEthereumNews.com. SoftBank’s artificial intelligence joint venture with OpenAI is now months behind schedule, according to Reuters. The project, which was announced in February by SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman, was supposed to launch by summer. That timeline collapsed. Despite multiple public statements, there’s still no active business. A new update is expected sometime in November, but so far, there’s no clarity on what exactly is holding things up or when the rollout will happen. The venture, named SB OpenAI Japan, is supposed to be co-owned by OpenAI and a new company formed by SoftBank and its domestic telecom division. The goal is to bring OpenAI’s tools and services to businesses across Japan. It hasn’t happened. In June, telecom unit CEO Junichi Miyakawa told shareholders that the target to launch was the end of July. He said the product lineup was still under discussion. That deadline also passed, and now, the entire thing’s stuck in development limbo. SoftBank delays pile up as Son pushes deeper into AI This isn’t the only SoftBank-backed AI project facing delays. The company’s massive $500 billion data center initiative in the United States, known as Stargate, is also stalling. CFO Yoshimitsu Goto confirmed last month that negotiations with potential partners are dragging, and decisions on where to build are taking longer than expected. That means Stargate, just like SB OpenAI Japan, is still stuck on paper. Masayoshi had slowed down his investment pace after losing billions on failed tech bets. Now, he’s back in AI mode, going all-in on new ventures again, with OpenAI at the center of the plan. But the timeline is clearly slipping. Despite all the announcements, neither of the company’s major AI projects, Japan or the U.S., has made it past the setup stage. Over in the U.S., Sam…