
The Wall Street Journal reported earlier this week that a trader or group of traders made a $1 million bet on bitcoin going to $50,000 by next December. People familiar with the matter told Business Insider that it was the hedge fund BlockTower Capital. On Wednesday, an unidentified entity made a $1 million bet on bitcoin trading above $50,000 by next December.

Equity strategists across Wall Street have been reluctant to price tax-reform expectations into their already-bullish forecasts. A successful Republican bill could lead to even more optimistic estimates, especially in areas like small caps, banks, and tech. Sure, strategists across Wall Street are already bullish on the prospect of more stock gains through the end of 2018.