Tag Archives: Bitcoin

How the Cryptocurrency Industry will Benefit from Goldman Sachs’ Entry

  by David Drake   While many big banks have opted to stay away from cryptocurrencies, at least for the time being, Goldman Sachs has been paying keen attention to the industry. Just recently, the bank announced plans to set up a Bitcoin trading desk. If this plan pulls through, the bank will be the first to set up such […]

Will Dropping Some Currencies from Exchanges Reduce Crypto Cyber Crime?

by David Drake According to Forbes, Japan’s Financial Services Agency (FSA) has quietly been pressuring cryptocurrency exchanges to stop trading digital currencies that tend to be favored by underworld users. The FSA argues that currencies such as Monero (XMR), Zcash (ZEC), and Dash (DASH) are ideal for money laundering because it is extremely difficult to track them and identify recipients. A […]

How Amazon is Making Blockchain Technology Accessible to Customers

by David Drake The initial idea behind the development of blockchain technology was to give Bitcoin an accounting backbone for its transactions.  Through the use of distributed ledgers, it was anticipated that cryptocurrency platforms will be able to process digital transaction with the utmost security, free from a centralized financial system. However, with time, this technology has proven applicability in […]

What Benefits Will Institutional Investments bring to the Cryptoworld?

by David Drake Several events rocked the cryptocurrency market as we embarked on 2018. Market capitalization see-sawed losing more than 48% of its value on the first quarter of the year. From $612 billion, crypto market capitalization went down to $261 billion by the end of March while Bitcoin’s value went down by more than 50%. Japan, the United States […]

Market Volatility: Why Participation of Institutional Investors is Critical for the Crypto Market

by David Drake Over the last few weeks, institutional investors have turned their attention to the cryptocurrency market. In the UK, Barclays PLC announced it is gauging the market to determine whether it will set up a digital trading desk to assist institutional investors purchase digital assets. This is perhaps the most notable step that a financial institution has taken […]

Will the Cryptomarket Continue to Attract Institutional Investments?

  by David Drake Over the past few days, we have seen institutional investors like family offices, venture capital and even royalty funds – enter the cryptocurrency market. George Soros officially issued an internal approval for his $26 billion fund, Soros Fund Management, to trade cryptocurrencies. But Soros isn’t the only one who has developed interest in the crypto market. […]

High Expectations as Institutional Investors Enter the Cryptocurrency Market

  by David Drake Cryptocurrency is an idea whose time has come and cannot be ignored. However, many traders, investors, and spectators are wondering if the crypto market will recover its lost ground following the big drop in crypto prices and market cap during the first quarter of 2018. The entry of institutional investment into the crypto market is definitely […]

Why are Institutional Investors Suddenly Interested in Cryptos?

by David Drake The cryptocurrency market has gained popularity over the past few years to the extent that those who viewed it as a speculative bubble are already having second thoughts. As the cryptocurrency adoption continues to grow, institutional investors now have their eyes set on this revolutionary market. Recently, several institutional investors have taken concrete steps to invest in […]

Can Institutional Investors Increase Transaction Volumes in the Crypto Market?

by David Drake After losing more than 50% of its value this year, the cryptocurrency market is likely to experience steady growth in terms of trading volumes and reduced volatility in upcoming months. This, analysts believe, will happen because governments are now taking steps to establish a regulatory framework for cryptocurrencies. At the beginning of the year, countries such as […]

Will the Flow of Institutional Funds Boost the Cryptomarket?

  by David Drake Institutional investors such as pension funds, mutual funds, endowments, and sovereign wealth funds, are slowly taking interest in cryptocurrencies. These investors have kept their eyes on this new asset class for the past three years. Despite the recent media controversies surrounding ads ban by tech firms and government crackdowns on cryptos, their interests seem to remain […]