Latest CME Report Reveals Growing Appetite for Bitcoin Amongst Institutions
Bitcoin has been consolidating within the $30,000 region throughout the past few days and weeks Bulls and bears have largely reached an impasse, with buyers and sellers both being unable to spark any trend This comes as large institutional inflows show some signs of tapering, with these buyers largely being viewed as the ones responsible […]
Related News
Altcoin season is upon us, and there’s no better indicator of this than Ethereum beginning to gain against Bitcoin on the duo’s trading pair against one another. The ratio between the two represents the ongoing battle between the two for cryptocurrency market share. Right now, Bitcoin remains king. But growing institutional interest in Ethereum exposure, […]
Institutional appetite for Ethereum will grow now that the network is ESG compliant, according to the BitMEX boss. In a recent interview, BitMEX chief executive Alexander Höptner shared his thoughts about institutional investors who, in his view, still have an appetite for crypto and Ethereum.Speaking at the Token2049 conference in Singapore on Sept. 28, the crypto executive told Cointelegraph that there has not been a “single slowdown of institutional push into crypto” during this bear market.He added that institutions and finance industry players typically use bear markets for....
A new report from the British Banking Association reveals that the increasing popularity of digital currencies, especially bitcoin will continue to threaten the traditional banking system. UK Banking Report considers Bitcoin as a Threat. The latest UK Banking Report - A section of The Digital Disruption, is dedicated to digital currencies, specifically about its implications on the perception of value transfer and the impact on the traditional banking system. The section on cryptocurrencies reports that digital currency is increasingly becoming a ubiquitous challenge to the established....
The ongoing bitcoin bull market has been nothing short of amazing. Retail interest during the last cycle brought the cryptocurrency only so far, and this cycle, retail plus institutions have pushed the price per coin to new heights. However, new data insights from OKEx partner analytics firm Catallact, revealed that retail investors bought the most […]
Institutional investors in Canada are showing a strong appetite for cryptocurrencies, with a new survey revealing a significant surge in adoption rates. The report, conducted by KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA), paints a picture of a booming crypto market fueled by investor confidence and a supportive regulatory […]