Tag Archives: Institutional investors

The bitcoin price is once again past the $19,000 mark, and it appears institutional investors continue to drive the gains that bitcoin has been enjoying over the past several weeks.Institutional Traders Love Their BTCWe’ve all heard that the 2017 run and this run are completely different because the first was driven by retailers, whereas this one is being driven by professional traders that are looking for legitimate stakes in the crypto universe. Companies such as MicroStrategy have started...

2020 has been the year of the institution. Companies such as MicroStrategy, Square and Stone Ridge have all piled their money into assets like bitcoin and given new meaning to the crypto space. Now, with just weeks to go before the year is out, several other family offices such as the Massachusetts Mutual Life Insurance Co. are following in these firms’ footsteps.Massachusetts Mutual Is the Latest Institutional Fan of BTCMassachusetts Mutual has put approximately $100 million of its money...

There are many analysts going back and forth and discussing the bull runs that bitcoin has incurred during both 2017 and 2020. It is widely estimated that the entire financial space was more of an observer three years ago, watching bitcoin move and wondering what to make of it all.Bitcoin Is Being Pushed By InstitutionsHowever, as time has gone by, it looks like the currency has really solidified its reputation as an asset to be taken seriously. Many people are now looking at bitcoin as...

Could bitcoin ever become a fully accepted asset across the globe? According to some analysts, that’s exactly what’s about to happen.Bitcoin Is Going to Grow Like CrazyIt’s always been the dream of Satoshi Nakamoto – the alleged creator of bitcoin and its respective technology – and fans of the cryptocurrency that bitcoin would be as widely accepted as cash, gold and stock shares. However, this hasn’t always been the case.For one thing, the asset has received mixed signals from regulators,...

Cryptocurrency is growing in popularity amongst traders and investors, but according to a new report issued by the Bank of Canada, most people that own cryptocurrency don’t really understand it, and are simply getting involved as a means of taking part in a trend.Bank of Canada: Financially Illiterate People Are Likely to Get Involved in BTCThe report says that people who are financially illiterate are far more likely to hold cryptocurrency than those that have been investing or trading for a...

For some time now, people within the crypto space have been stating that institutional investors are rushing into the crypto arena and looking to trade digital assets. Following news that Grayscale had traded more than $1 billion in bitcoin during its second quarter, it seems like many other institutional firms have been looking to get a piece of the crypto action.Institutional Investors Keep Heading for the BTC HillsIn other words, it does look like institutional investors are rushing to get...

It looks like the institutional presence behind bitcoin just got a whole lot bigger thanks to Grayscale. The institutional investment platform is about to enter its third quarter and has announced that the last three months have attracted nearly $1 billion in overall investments, meaning the company has garnered some of its highest numbers yet.Grayscale Is Reaching New HeightsOne of the big questions that continues to meander throughout the bitcoin and crypto space is, “Are institutional...

One of the big worries surrounding the growth of the crypto space is that there is allegedly a lack of institutional investors, but according to the latest data from Fidelity Investments, this may not necessarily be the case.Fidelity: Most Institutional Investors Own Digital CurrencyAccording to the financial firm, roughly 36 percent of institutional players own crypto investments, and most of them own bitcoin, which remains the most popular digital currency. It is widely stated by...

According to some analysts, bitcoin will potentially hit a price of $300,000 in the coming years even without institutional assistance.Institutional Players: Their Job Is OverratedUp to this point, it was long figured that institutional players were necessary to bring a level of legitimacy to bitcoin. This would ultimately be one of the main touches in making the currency mainstream and placing it alongside gold as a store of value.One of the reasons that many of these investors have been...

Swiss securities firm SIX Group is heading a series A investment round in Omniex. The venture says it’s looking to raise a minimum of $14 million.Omniex Gets a Helping Hand from SIX GroupOmniex is a company that seeks to provide cryptocurrency traders with asset pools. Thus far, the enterprise already offers many of its services through some of the largest digital currency trading platforms in the world including Binance, Coinbase Pro and BitMEX. These services are mostly available to...