Centralized Wealth: The Downside To Institutional Bitcoin Buying

The recent Bitcoin rally to as high as $42,000 has been predominantly been driven by institutional investors suddenly waking up and realizing the asset’s long-term value potential.

Institutional Investors Buy $600 Million of Bitcoin in Just One Day

Digital assets manager Grayscale has boosted its Bitcoin holdings to 632,000 Bitcoin ($24 billion).

Grayscale’s Michael Sonnenshein Says Institutional Investors ‘Looking for Broad Exposure’ as Company Raises $700 Million in One Day

Grayscale CEO Michael Sonnenshein says institutional investors are also exhibiting a growing interest in diversifying their investments by choosing other crypto assets besides bitcoin.

Ark Invest’s Cathie Wood Says Big Tech Firms Exploring Bitcoin

Ark Invest founder and CEO Cathie Wood says she is expecting a new wave of institutional investors to put Bitcoin on their balance sheets.

Institutional investors won't take Bitcoin mainstream — You will

Real-world applications and users, not institutional investors, will challenge the failing fiat currencies and increase Bitcoin adoption around the world. Similar to 2017 and the popular cryptocurrency bull run, last year created a fresh buzz in the world of crypto and Bitcoin (BTC) particularly.

Institutional Investors Bought $2.8 Billion in Bitcoin Through Grayscale In Q4 2020

Nearly 60% of the yearly inflows into Grayscale products came during the last quarter and the Bitcoin Trust accumulated the most inflows.

Lack of Crypto Regulations a Turnoff for Japanese Investors – Coincheck

The head of the Japanese crypto exchange Coincheck said there are relatively “few” crypto-keen institutional investors in Japan – and has complained of the lack of a framework to help foster professional crypto investors. In an interview with IT Media, Satoshi Hasuo, the Representative Director and President of Coincheck, warned that “there is a possibility

Here’s how institutional investors ignited Bitcoin’s rally to $40,000

Experts weigh in on the main events from 2020 that impacted Bitcoin’s price the most. From the COVID-19 pandemic to mass-scale money printing and social unrest, 2020 was a wild year.

Bitcoin Institutional Inflows Are Rising as Grayscale Bitcoin Portfolio Now Estimated to be Worth $23.69 Billion

Bybt crypto trading platform has disclosed that Bitcoin institutional inflows are not showing any signs of slowing.

Did Grayscale push Bitcoin back up to the $40K mark?

Some stats indicate Bitcoin’s current rally could be more reliant on institutional investors than ever before. Within 48 hours of Grayscale reopening its services to new investors on January 13, Bitcoin’s price shot up by almostd 20%, to once again hover just under the $40,000 mark.  During the same period, the institutional investment firm added 4,618 BTC to its portfolio at a current value of $182 million.

Bitcoin chases new high as analyst says ‘smart money never stopped’ buying

Increasing trading volume and demand from institutional investors have analysts expecting a new all-time high from Bitcoin price. The total cryptocurrency market capitalization is back above the $1 trillion level as Bitcoin (BTC) bulls pushed the price back to $40,000 on Jan.

Strap in: New institutions wait for Bitcoin price rollercoaster to end

Bitcoin market volatility is scaring off new institutional investors, but meanwhile, old ones continue to buy up the BTC dips. As a result of the ongoing uptrend, many prominent institutions from the realm of traditional finance have sought to join the crypto bandwagon so as to not miss out on the ongoing action.

Why institutional investors will support Bitcoin above the $30k level

Institutional buying that started when Bitcoin’s price was as low as $19000 has continued well into the $40000 level.

Fireblocks Lets Institutional Investors Profit From Staking

Fireblocks has partnered with Blockdaemon and Staked to bring staking services to institutional investors.

XRP Price Stable As Grayscale Plans to Dissolve XRP Trust Closing Investment Avenue for Institutions, But Why?

Despite the news that Grayscale’s XRP Trust is going to be dissolved and XRP may lose a significant amount of institutional investors, the XRP price has stabilized—But why? (Read More)

Grayscale to Dissolve XRP Trust Due to SEC's Ripple Lawsuit

Institutional investors interested in buying XRP will have to look elsewhere.

Here’s why IOST, Horizen (ZEN) and Avalanche (AVAX) surged as Bitcoin crashed

Strong fundamentals and new offerings explain why IOST, Horizon (ZEN) and Avalanche (AVAX) rallied higher as Bitcoin price pulled back. Bitcoin’s (BTC) recent plunge could have been caused due to profit-booking by institutional investors, according to a report by crypto fund manager CoinShares.

Profit taking? Institutional crypto fund inflows drop 97% in three weeks

CoinShares has reported “evidence of potential profit taking” among institutional investors, as weekly crypto fund inflows drop 97% in less than one month. Capital inflows into crypto funds and investment products plummeted during the first week of January after posting new all-time highs in late-December. According to crypto fund manager CoinShares’ Jan.

Institutional Investors Unfazed by Bitcoin Price Crash

Crypto financiers are unemotional about Bitcoin’s crash.

Crypto Traders Smell Institutional-Grade Bitcoin Price Manipulation

Source: iStock/Spencer_Whalen After welcoming a flock of major institutional investors into the Bitcoin (BTC) world in 2020, the cryptoverse is now debating that the crypto market has entered another level of manipulation also. "Bitcoin's parabolic rise is unsustainable in the near term.

Institutional Rocket Fuel Could Soon Boost Ethereum, Says Macro Investor Dan Tapiero

Prominent global macro investor Dan Tapiero says Ethereum is poised to surge as a wave of institutional investors set their sights on the second largest crypto asset by market cap.

Here's Why Bitcoin's Price is Rallying So Strongly

Institutional investors, a supply crisis, and retail FOMO are all driving Bitcoin’s price to unprecedented highs.

Price analysis 1/6: BTC, ETH, XRP, LTC, ADA, DOT, BCH, XLM, LINK, BNB

Bitcoin's slow crawl toward $36,000 has given select altcoins the green light to rally higher. Aggressive buying by institutional investors is one of the main reasons for the current Bitcoin (BTC) bull run.

Grayscale's ETHE shares tumble 50% as Ether skyrockets

A long-term arbitrage play from institutional investors may explain why shares in Grayscale’s Ethereum Trust have tanked by 50% in two weeks while Ether rallied 75%. Shares in fund manager Grayscale Investments’ Ethereum Trust plummeted by 50% this past fortnight, despite Ethereum rallying by 75% over the same period. ETHE shares represent 0.09620794 of an Ether each and are currently trading for $13.80 — roughly a 21% premium over the spot price of ETH. Grayscale’s ETHE shares have been on a roller coaster ride, surging around 500% from $4.20 at the start of October, before topping out at $25 on Dec.

Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’

Over the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling.

This Grayscale Investment Strategy May Be Driving Up Ethereum’s Price

Institutional investors borrowed ETH to profit off the Grayscale Ethereum Trust.

How institutional investors decide the best time to purchase bitcoin

Blockstream's CSO, Samson Mow, thinks that institutional investors decide to buy Bitcoin regardless of its price movements.

Research: Bitcoin’s $6K Monday Crash Wasn’t Driven By Institutional Investors

The number of BTC and ETH whales has continued to increase in the past week, while mid-tear traders took short-term profits amid the price drops.

Canadian Bitcoin mining operation raises CAD $20M from US investors

BitFarms, a publicly-listed Bitcoin mining operation in Canada, has raised funds amounting to CAD $20 million from US-based institutional investors in its latest investment round. According to a p The post Canadian Bitcoin mining operation raises CAD $20M from US investors appeared first on AMBCrypto.

Big Investors Are Fueling Bitcoin’s Record-Breaking Rally, According to PWC

Big four accounting firm PWC has acknowledged that big investors are driving the Bitcoin (BTC) price based on their overwhelming appetite for the leading cryptocurrency.

Mike Novogratz attributes BTC's rise past $30K to institutional adoption

According to the Galaxy Digital CEO, institutions have a greater opportunity to buy Bitcoin currently in circulation, driving up the price. Galaxy Digital founder and CEO Mike Novogratz believes institutional investors are helping drive the current Bitcoin bull run. In an interview with BBC World News today, Novogratz said governments around world printing money and “debasing fiat money” was fueling the ongoing Bitcoin (BTC) bull run, but institutional players getting into crypto may be the bigger story.

DeFi 'Genie Is Out' and Is Set For Growth in 2021

In 2021, decentralized finance (DeFi) might see stronger interest not only from individual users but from institutional investors also, as the environment for this nascent sector is still favorable, according to industry players speaking to Cryptonews.com.

Bitcoin Hits $33,000 For the First Time Ever as FOMO Among Investors Supports the Surge

Bitcoin's recent rally is being boosted by increased demands from both retail and institutional investors who see the digital currency as a hedge against inflation.

Why Bitcoin Is Bigger Than an Inflation Hedge, feat. Dan Tapiero

The prominent gold and bitcoin macro commenter discusses a new generation of institutional investors.

Top 10 crypto and blockchain stories of 2020

Corporations and institutional investors seeking an alternate store of value amid the pandemic crisis drove crypto to new heights in 2020. The COVID-19 pandemic dominated the news in 2020, affecting myriad sectors — health, economics, social justice, politics and trade, as well as the cryptocurrency and blockchain industry.

After Institutional Investors Hoard, Just 22% of Bitcoin is Left for Traders

A new report says that 78% of Bitcoin is out of circulation.

Bitcoin Sets New All-Time High Above $28.5K; Bulls Back in the Driver’s Seat

Institutional investors are perceived to be driving this record-setting run.

Institutional Investors Own 16% of Bitcoin’s Realized Market Capitalization

16% of BTC's realized market cap is now owned by institutional investors, according to the CEO of CryptoQuant.com.

Tidal Wave of Institutions Prepared to Buy Bitcoin, Says Real Vision’s Raoul Pal

Macro investor and Real Vision co-founder Raoul Pal says a wave of institutional investors are prepared to buy Bitcoin.

Shark Tank Investor Slams Bitcoin, Crypto: “Not An Institutional Product”

Bitcoin in 2020 has finally attracted institutional investors with serious wealth and capital to throw around.

Puerto Rico Digital Bank Greenlighted To Offer Bitcoin Custody

Puerto Rican digital bank has received permission from the local regulator to provide Bitcoin and Ethereum custody to retail and institutional investors.

Grayscales 33% GBTC Premium Signals “Outrageous” Institutional Demand For Bitcoin, says Willy Woo

Grayscale Bitcoin Trust's (GBTC) premium on Bitcoin has risen to 33%, indicating “outrageous demand” for BTC from institutional investors as its price consolidates at $23,000.

Entrepreneur Calls Ethereum Silver To Bitcoin As Digital Gold, Not Litecoin

Bitcoin is well above its former record, thanks in part to the digital gold narrative taking hold in 2020 with institutional investors.

How Grayscale Is Sucking Up All the Bitcoin

Grayscale has captured $11.5 billion in Bitcoin, largely from institutional investors.

Guggenheim’s Scott Minerd Says Bitcoin Price Should Rise to $400,000

Scott Minerd, Global Chief Investment Officer at Guggenheim Investments, believes that the price of Bitcoin will hit highs of around $400,000 based on its fundamental value.