Tag Archives: Institutional Traders

Bitcoin has incurred another slight period of growth this morning that took it all the way to $12,400. At the time of writing, the currency has settled down a bit just beyond the $12K mark.Bitcoin Has a High Price; This Keeps Some Traders OutNo matter how you look at the situation, it’s easy to say that the price of bitcoin – the world’s largest and most popular cryptocurrency by market cap – has seemingly entered one of its best bull phases in recent years. At the same time, however, there...

Bitcoin and cryptocurrency continue to make serious headway, and according to one source, the reason for this is purely because people have become more intrigued by what crypto can do.Bitcoin Is the Choice of Young Traders EverywhereThe interest is primarily driven by millennials and institutional players. Millennials have long been a strong audience for crypto for several reasons. For one thing, many members of younger generations grew up during financially unstable times such as the Great...

Analysts are still struggling to make sense of the situation surrounding both cryptocurrency and the presence of institutional traders.Institutional Traders May Not Have to List All Their AssetsThe good news is that more institutional players have become involved with crypto in recent years. New evidence from the likes of companies such as Grayscale suggest that, considering the platform has recorded more than $1 billion in BTC investments for its third quarter. This means that more than $300...

According to blockchain firm Chainalysis, institutional traders are beginning to have a larger hand in how bitcoin moves and in the kinds of transactions that are occurring within the space.Chainalysis: We’re Seeing Bigger Institutional TradesIt is often said that institutional players are essential when it comes to bringing legitimacy to bitcoin and cryptocurrency. For bitcoin to be mainstream, professional traders need to use it, store it and sell it. However, it’s widely whispered that...

After an extremely disappointing debut, Bakkt – the trading platform designed for institutional investors – is exploding in use, with the number of bitcoin futures contracts being traded having exploded by roughly 800 percent.Bakkt: A Late Start Leads to Massive JumpsBakkt was first introduced last year. Many claimed it would bring a whole new level of mainstream use and legitimacy to the cryptocurrency space, as it was designed for institutional traders and retailers who were curious about...

At press time, bitcoin is trading for about $10,169. The currency has gone through some very strange behavior over the past 24 hours, falling below the $10,000 range to $9,600, only to jump back up again and reach the spot where it stood before. Perhaps the remark that the currency is at its lowest volatility levels since last May has some truth to it, or maybe it has something to do with Bakkt.Bakkt Is About to Emerge One of the big questions running through investors’ and analysts’ minds is...