Archive | institutional

Crypto Week In Review: Institutions Finally Ready to Commit to Bitcoin

Although the collective value of all crypto markets is only a tad above its year-to-date low, institutions still seem poised to tackle digital assets head on, with an array of Wall Street giants making meaningful moves throughout the past week. BitGo Receives U.S. Regulatory Approval To Launch Custody Solution On Thursday, CNBC divulged that BitGo, a well-known… […]

BitGo CEO: Bitcoin Needs Fresh Capital, Wall Street is Coming in

In a development that flew under the radar of most, an American blockchain startup has just received the go-ahead from a U.S. state regulator to establish a digital asset custody product. The firm’s CEO then took to CNBC to convey details about this product and what it means for this budding industry. The BitGo Crypto… […]

Goldman May Be Out For Now, But Wall Street Still Wants Crypto

As the crypto market continues establishes new year-to-date lows, some claim that the arrival of institutional investors is the only catalyst that will be able to push prices in a positive direction. And although the climate around institutional interest suffered a slight setback on Wednesday, optimists believe that Wall Street isn’t over Bitcoin just yet. Goldman… […]

Crypto August In Review: Institutional Interest Rising, Market Gradually Recovering

In any nascent market, the price of an asset is often uncorrelated to the success of the underlying industry. And for crypto, it seems to be much of the same, with this budding space seeing its fair share of unrelenting growth, adoption, and success, even though prices may say otherwise. Crypto Sees Rapid Development, Even In The… […]

Price Poor Metric to Judge Bitcoin, Says CoinShares

Digital asset management company CoinShare’s chief strategist Meltem Demirors featured on CNBC’s Fast Money on Monday, where she discussed the problematic nature of judging Bitcoin on price alone. Demirors offered that actual utilization may be a better alternative metric for institutional and retail investors to consider, which she put down as the real struggle right now. Although […]

The World is Experiencing a New Wave of Cryptocurrencies

It is impossible to ignore the signs now. The future of bitcoin and cryptocurrencies looks bright despite current market conditions, and it is being led by their massive adoption by individuals, enterprises and jurisdictions across the world. A New Wave of Cryptocurrencies In a recent interview which was featured on CNBC, Kin-Wai Lau, CEO at… […]

Crypto Week In Review: NYSE and Starbucks Go Full Crypto, Market Highly Optimistic

While the market saw a collective decline of over 10% as the speculative mania surrounding the Bitcoin ETF deflated, positive developments in this budding industry were still prevalent all throughout the past week. The NYSE’s Parent Company Is Set To Launch Cryptocurrency Platform  On Friday morning, cryptocurrency investors awoke to a promising sight, with corporate… […]

Starbucks, Microsoft, and ICE to Launch Bitcoin Payments Provider

Big corporate names, including Starbucks, Microsoft, and Intercontinental Exchange, are partnering up to launch an integrated platform that enables consumers and institutions to buy, sell, store, and spend digital assets on a seamless global network. Leveraging Microsoft’s cloud solution, the open and regulated global ecosystem for digital assets may be the tool Starbucks was looking for… […]

Blockchain CEO Predicts Big Things Ahead for Bitcoin This Year

The CEO of Blockchain recently appeared in an interview to discuss the current state of the cryptocurrency industry, highlighting institutional interest as the primary talking point. Peter Smith: We Will See Positive Consolidation Over Q3 Of 2018 In a Bloomberg interview conducted on July 20th, Peter Smith, the CEO of the popular crypto infrastructure firm… […]

Crypto Week in Review: Institutional Investment Still a Hot Topic Amidst Low Exchange Volumes

Prospects for the cryptocurrency industry are beginning to look up, with prices marginally increasing throughout the week. But are the bulls really back? Institutional Investment Sees Interest Continue Discussion regarding institutional interest has continued, with this prior week seeing a variety of news pieces regarding the growing number of institutional entry points.  Coinbase Custody Sees… […]

Crypto Week In Review: Institutional Investors are On-Boarding, Bithumb Recovers $16 Million

The week did not leave much to be desired for, with the market seeing a variety of positive institutional news amidst volatile price movements. Institutional Investment Dominates The News Cycle The presence of traditional institutions has been an important topic of discussion in the cryptocurrency community. Many analysts expect that widespread institutional investment will usher in… […]

Wall Street Analyst Says $25,000 Bitcoin Prediction in 2018 is Still in Play

The cryptocurrency market has slowed over the past few days, with Bitcoin holding price levels within the mid $7,000s. However, Robert Sluymer and Tom Lee, both from market analysis firm, Fundstrat, believe that this will change very shortly. Tom Lee Reaffirms His $25,000 Prediction Again, This Time On Bloomberg Tom Lee is by-far one of… […]

Bitcoin is Seeing Unprecedented Institutional Interest for First Time in History

Bitcoin has progressively gained trust from users and investors. Technology enthusiasts and libertarians were soon followed by entrepreneurs and retail investors with the fear of missing out. For a long time, Bitcoin was seen as a joke for most institutional investors, but the sentiment seems to have shifted. LedgerX CEO Witnesses Unprecedented Institutional Interest for… […]

Bitcoin Rallies to $8,000 In An Epic Recovery

Bitcoin price movements during the last seven days have been buoyed by the $6,600 support while being limited below the $7,200 line, until today. Market forces have prompted the mother of all cryptocurrencies to rally towards $8,000 and test for resistance. Bitcoin Attempts Recovery Above $8,000 It could be today that the bulls in the market… […]