Tag Archives: Institutions

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...

The end of January is likely to be a crazy time for bitcoin and its many fans. The asset will see approximately $3.7 billion worth of options expire on January 29, and many analysts are wondering what this will potentially do for the asset’s volatility. Will the currency spike like we’ve never seen, or will the price falter in some way?What Will Happen to Bitcoin When So Many Options Expire?As it stands, the many open contracts options available in the bitcoin space add up to just over $9...

Bitcoin’s price isn’t the only thing getting larger in the cryptocurrency space. According to reports, the institutional presence in the space is expanding as well. Grayscale Investments, a crypto management service that handles accounts primarily for institutional investors, recently announced that the digital assets it’s overseeing grew by a whopping $300 million in a single day.Grayscale Sees Its Assets ExpandThe company’s CEO Barry Silbert expressed the news in a tweet, claiming that as...

The news regarding PayPal’s acceptance of bitcoin and cryptocurrencies is becoming the big news of the year. Many analysts claim that this will ultimately push bitcoin into mainstream territory and give it the boost it needs. Already, the currency has shoved past the $13,000 mark and many industry experts think the currency could potentially end the year at around $14,000 – a solid piece of data given how up and down the currency has been during these past 12 months.Bitcoin Won’t Be...