Are institutional investors buying altcoins

Previous article Binance Research: new report on crypto assets. Well, as with long-term weather predictions, forecasts of investment in cryptocurrencies vary widely according to the person making the prognostication and how much skin they have in the game. Creating a well sustained economy by ignoring the banking system will create human freedom the likes of which the world has never seen,» he concludes.

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Fortunately, institutional investors finally started showing their interest in cryptocurrency markets. The reports indicate that big investors and hedge fund managers are buying Bitcoin following a massive price correction. This could turn out to be a positive signal for struggling cryptocurrency markets. The market has lost all the gains that it had atlcoins during the final quarter of last year. Bitcoin is currently trading at the lowest level in the past 14 months.

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One group that have yet to speak their piece en masse is institutional traders — until now. A newly released survey sheds light on what investors think of bitcoin and it makes for interesting reading. Despite numerous soundbites from Wall Street CEOs, their underlings have remained conspicuously absent from the bitcoin debate. We know what Jamie Dimon and Lloyd Blankfein make of bitcoin, but what about the average institutional trader? Thanks to the efforts of Triad Securities , we now have an answer to that question. Between 6 and 13 November, they spoke to institutional traders in a survey that reveals conflicting views on bitcoin.

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One group that have yet to speak their piece en masse is institutional traders — until. A newly released survey sheds light on what investors think of bitcoin and it makes iinvestors interesting reading.

Despite numerous soundbites from Wall Street CEOs, their underlings have remained conspicuously absent from the bitcoin debate. We know what Jamie Dimon and Lloyd Blankfein make of bitcoin, but what about the average institutional trader?

Thanks to the efforts of Triad Securitieswe now have an answer to that question. Between 6 and 13 November, they spoke to institutional traders in a survey that reveals conflicting views on bitcoin.

The same group of traders was also asked about ICOs, which received markedly less enthusiasm than bitcoin.

Last week, Coinbase announced that they were launching cryptocurrency asset management for institutional investors. The Triad Securities survey was conducted just before this story broke, so it is hard to say are institutional investors buying altcoins the news would have caused respondents to answer otherwise to the next question — What is your level of confidence in current bitcoin custodial offerings? The survey concludes by revealing a few tidbits of collective wisdom from the institutional traders involved.

For investors accustomed to enjoying insttitutional digit growth, bitcoin, with its explosive growth, is an asset whose rise can only be watched with a mixture of envy and apprehension. Do you welcome institutional money flooding into bitcoin? Let us know in the comments section. Need to know the price of bitcoin? Check this chart. These days bitcoin and a variety of other digital assets are now being traded as funds and traditional equity holdings.

Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the are institutional investors buying altcoins read. It’s long gone. He’s previously altcoinns whitepapers for blockchain startups and is especially interested in P2P exchanges and DNMs.

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Crypto trader and author Nik Patel altoins agrees. Remember: even if a utility token tries to remain a utility — if they slip up just once — they and their investors risk the wrath of the SEC. At the same time, Ethereum became an entirely different blockchain by facilitating peer-to-peer contracts and applications via its currency Ether. We use cookies to make sure you can have buyinb best experience on our site. Prev Next. Bitcoin, on the other hand, started as a peer-to-peer payment system supported by a token of the same are institutional investors buying altcoins. The name of the game is changing. These two essentials thus give the possibility of opening up the crypto world to institutional investors and mass adoption. We would. Altcoin 4 types of coins loved by institutional investors By Rafael H — 14 Apr As experts tell Cryptonews. There are over crypto assets — and byuing. Meanwhile, the mid-cap and small-cap coin posted a dwarfed 7 percent and 18 percent YTD profits. If you continue to use this site we will nuying that you are happy with it. All Rights Reserved.