Tag Archives: Institutions

Despite the massive bull market in 2020 and 2021, institutions have remained on the crypto sidelines and feel relieved about it. This is what a JPMorgan senior investment strategist argued recently, indicating that the interest in the asset class from such investors is “effectively nonexistent.” The most notable bull run in the cryptocurrency market started at the end of 2020 and lasted for about a year, seeing prices explode to new highs. Bitcoin, for one, went from under...

On Oct. 27, the portfolio and asset manager published its “2022 Institutional Investor Digital Assets Study,” an annual report shedding light on the crypto industry from an institutional perspective. The research revealed that the market is now well-positioned to weather the macroeconomic headwinds it has faced in recent months. Fidelity Digital Assets President, Tom Jessop, commented: “We believe that digital assets fundamentals remain strong and that the...

On Oct. 20, Oanda announced cryptocurrency trading services for its American market designed to give investors easy access to crypto alongside their existing forex portfolios. It is the latest traditional finance company to enter the crypto space. However, the move comes in the depths of a bear market when demand is low. The technology has been developed in partnership with the Paxos Trust Foundation, a regulated blockchain infrastructure firm. Crypto trading now available...

Coinbase – one of the largest and most popular digital currency exchanges in the world – is teaming up with investing giant BlackRock to give its customers the opportunity to trade digital assets. Coinbase and BlackRock Join Hands Joseph Chalom – global head of strategic ecosystem partnerships at BlackRock – explained in a recent interview: Our institutional clients are increasingly interested in gaining exposure to digital asset markets and are focused on how to...

Kevin O’Leary – the legendary investor of “Shark Tank” fame – is telling traders that they shouldn’t get their hopes up on bitcoin unless more institutions feel comfortable enough with the asset. Kevin O’Leary Thinks Institutions Make All the Difference The argument surrounding bitcoin’s abilities are typically centered on institutions. Over the past few years, companies like software giant MicroStrategy and payment processing firm Square have invested billions of...

The bitcoin bear market appears to be lasting forever, and according to a new report from JPMorgan, it is going to take quite a bit of effort to pull the crypto space out of its present slump. JPMorgan On What Needs to Happen to Bring BTC Back Up Bitcoin has been down for the count for the past several months. The world’s number one digital currency by market cap hit a real snag about three months ago when it struck a new all-time high of $64,000 per unit. This may have...

There’s been a lot of talk about institutional investors getting involved in cryptocurrency and bitcoin trading. Companies like MicroStrategy and Tesla have purchased billions in the world’s number one digital currency by market cap, while other financial firms – such as Square, MassMutual and Stone Ridge – have also gotten involved, and yet according to JPMorgan, it’s still retailers that are dominating the crypto investing arena. JPMorgan Comments on the Activity of...

Bitcoin recently rose as high as $61,000 per unit, thereby reaching a new all-time high. However, it looks like this sudden surge wasn’t designed to last, as the currency dropped over the weekend to a “measly” $56,000, about $5,000 less than where it stood just a few days ago. Bitcoin Has Incurred a Serious Dip What could have possibly contributed to this drop? This is a question, naturally, that’s making its way through the heads of many analysts and industry experts...

Bitcoin has been exploding over the past year. Aside from experiencing heavy price booms that saw the currency rise from about $10,000 to $40,000 in just three months and attain all kinds of new highs, the currency has also been seeing fresh waves of institutional interest from the likes of companies such as MicroStrategy and Tesla, which have both purchased billions of dollars-worth of the asset. Now, asset manager Ruffer claims that things are just getting started for...

Bitcoin has taken a turn for the worse, but while the move may not look great on paper, it turns out things are going quite well for some of the institutional traders that have yet to step into the cryptocurrency arena. Many institutions are using the recent bitcoin price dip as an opportunity to buy at a lesser price and get their fingers on an asset that many companies have been going crazy over for the past six months. Bitcoin Has Taken an Ugly Stumble Things really...