Topic: Institutional Investors Are Changing The Cryptocurrency Market (Read 98 times)
As i recall over a year ago Goldman Sachs bashing about bitcoin for it could be bubbled soon but i guess it is just a form of strategies to affect the bitcoin's price and whenever it goes lower then the capitalist has the opportunity to buy more to create funds and investments so this is where the Goldman Sach entered into this crypto game but this could bring a good news to bitcoin for the price will soar high for the next couple of quarters in 2019.
November 09, 2018, 06:58:28 PM
The crypto currency markets are flourishing well because it could acquire the confidence of the global community..Bitcoin is the first crypto currency established in the market in the year 2009.The introduction of bitcoin in the market which changes the face of the global economy.The invention of bitcoin is one of the greatest findings in this century and it has a strong net work systems and linked with the modern technology .Its features are very attractive to the global investors such as a decentralized one with anonymity.Its all transactions are recorded in an electronic ledger with block chain technology.The introduction of the block chain technology which maintains a corruption free economic systems in the world.Due to the above features its popularity has wide spread world wide and hence more and more people are attracted to it including the institutional investors are also interested in bitcoin which will change the entire face of the bitcoin market.Bitcoins market capital and its daily traded volumes are also will increase.
November 09, 2018, 09:23:58 AM
https://www.forbes.com/sites/andrewarnold/2018/11/09/how-institutional-investors-are-changing-the-cryptocurrency-market/#2626a7b15bfd
Goldman Sachs Group has just become the first investment bank to offer a bitcoin trading product to its customers. At the beginning of November, the company started onboarding a small number of clients to test their new crypto trading desk, which allows trading bitcoin non-deliverable forward contracts.
Intercontinental Exchange (ICE), the owner New York Stock Exchange, has also scheduled a launch of their bitcoin futures product for later in December. The contracts will be backed by bitcoin reserves held in ICE’s Digital Asset Warehouse, meaning that actual bitcoins will change hands once the contract expires.
Institutional investors are growing their tech muscle to accommodate more crypto-trades. Individual investors should definitely stay alert for the new products entering the market.
Goldman Sachs Group has just become the first investment bank to offer a bitcoin trading product to its customers. At the beginning of November, the company started onboarding a small number of clients to test their new crypto trading desk, which allows trading bitcoin non-deliverable forward contracts.
Intercontinental Exchange (ICE), the owner New York Stock Exchange, has also scheduled a launch of their bitcoin futures product for later in December. The contracts will be backed by bitcoin reserves held in ICE’s Digital Asset Warehouse, meaning that actual bitcoins will change hands once the contract expires.
Institutional investors are growing their tech muscle to accommodate more crypto-trades. Individual investors should definitely stay alert for the new products entering the market.
Jump to: