Institutional Inflows of Ethereum Near $1,000,000,000 This Year, According to CoinShares

Digital asset manager CoinShares says that institutional demand for Ethereum continues to soar this year as inflows near the $1 billion mark.

Bitcoin Fell Below $30K for the Second Time since mid-May, Low Institutional Demand Could Lead to Further Declines

Bitcoin fell below the $30,000 support level for the first time in four weeks.

Institutional demand for Bitcoin evaporates as BTC struggles below $31K

A lack of institutional demand and several bearish factors are complicating all efforts to pull Bitcoin price back above the $31,000 level. The rocky road that Bitcoin (BTC) has been on for the past two months continued on July 19 as a widely predicted move downwards materialized in the early hours on Monday and dropped the price of BTC below $31,000. Data from Cointelegraph Markets Pro and TradingView shows that a wave of mid-day selling pushed the price of BTC to a low of $30,400 before bulls arrived to provide support and lift the price back to $30,850.

Fidelity Digital Assets Launches Hiring Spree Amid Strong Interest From Institutional Investors

Fidelity Digital Assets is getting ready to expand its cryptocurrency team as institutional demand heats up.

Fidelity Digital Grows Crypto Staff 70% To Expand Beyond Bitcoin

Finance giant Fidelity is beefing up its crypto unit to meet the growing institutional demand for altcoins.

Crypto options are turning mainstream

The BTC and ETH options market is still in its infancy, but both retail and institutional demand for cryptocurrencies is already here. Despite ongoing vaccination efforts and pandemic aid, the world’s economy looks remarkably different than it did over a year ago.

Institutional Demand Persists: The Purpose Bitcoin ETF Now Holds 22,500 BTC

One of the first approved Bitcoin ETFs, the Canadian Purpose BTC ETF, has increased its holdings and now has roughly 22,500 coins.

Institutional Demand for Bitcoin and Ethereum Runs Out of Steam  

The primary catalyst for the 2021 crypto market bull run appears to be running out of steam as institutional demand for Bitcoin-related investment products slows down.

Institutional investors load up ETH, with its share of AUM hitting a new record

Institutional investors continue to exit BTC in favor of ETH, with Ether investment products now representing more than one-quarter of institutional crypto AUM. Institutional demand for Ethereum continues to surge, with Ether products now representing more than one quarter of the assets under management (AUM) of crypto investment products.According to CoinShares’ June 1 Digital Asset Fund Flows Weekly report, the past week saw significant institutional inflows of $74 million as investors sought to capitalize on the fall out from the recent crash in which many crypto assets lost more than 50% of their value.More than 63% of institutional inflows were injected into Ether products, or $46.8 million of the total.

Bitcoin price crash isn’t over, says JPMorgan strategist

JPMorgan analyst Nikolaos Panigirtzoglou said that a medium-term fair value for Bitcoin now stands between $24,000 and $36,000. Following the worst May for Bitcoin’s (BTC) price in the past 10 years, the largest cryptocurrency is likely to continue falling in the short term, according to JPMorgan analysts.Weakened institutional demand is likely to drag the Bitcoin price below $30,000, JPMorgan strategist and Bitcoin expert Nikolaos Panigirtzoglou wrote in the latest research note to clients.Based on Bitcoin’s volatility ratios to gold, the JPMorgan analyst forecasted that Bitcoin will continue to trade between $24,000 and $36,000 in the mid-term.

Blackrock CEO says crypto 'may become a great asset class' but is no substitute for currency

Larry Fink said he hadn't been seeing great institutional demand for crypto within Blackrock's circles. Despite the successful rollout of Coinbase's stock on Wednesday, Blackrock CEO Larry Fink still expressed some concerns over the institutional adoption of crypto. In an interview with CNBC’s Squawk Box on Thursday, Fink said he was "encouraged by how many people were focusing" on crypto and the narrative surrounding it, but he seemed to imply his views were largely unchanged in the wake of a major cryptocurrency exchange going public.  "[Crypto] may become a great asset class, and I do believe this could become a great asset class," said Fink.

5 key reasons why Bitcoin will likely see new all-time highs soon

On-chain data suggests Bitcoin price will likely breakout to a new all-time-high soon, as whales, miners and long-term hodlers turn bullish again. The price of Bitcoin (BTC) has been under severe selling pressure by whales for the past two months as on-chain data reveals. However, five key indicators are suggesting that major sellers are about to turn into hodlers or even accumulators of Bitcoin again while institutional demand remains high.

Crypto Market Tops $2 Trillion As Bitcoin Price Eyes $60K Once Again

The cryptocurrency market cap has reached $2 trillion in valuation as institutional demand increases.

Anthony Scaramucci Bullish on Ethereum But Institutional Demand Goes to Bitcoin Only

While revealing a bullish stance on Ethereum's future, Anthony Scaramucci said institutional investors continue to ask only about Bitcoin.

Fidelity Applies to Launch Bitcoin ETF Amid Accelerating Institutional Demand for BTC

Fidelity has filed with the US Securities and Exchange Commission (SEC) to launch a bitcoin exchange-traded fund (ETF).

Wave of Institutional Clients at Goldman Sachs Are Diving Into Bitcoin and Crypto Markets, According to Senior Executive

Mathew McDermott, head of digital assets at Goldman Sachs’ global markets division, says the New York-based investment bank is witnessing huge institutional demand for Bitcoin (BTC) and the crypto markets.

Southeast Asia's first Bitcoin fund launches to meet local institutional demand

The BCMG Genesis Bitcoin Fund-I will be available to accredited Asian investors.

Goldman Sachs Sees Huge Institutional Demand for Bitcoin — 76% of Clients Say BTC Price Could Reach $100K This Year

Global investment bank Goldman Sachs is seeing huge institutional demand for bitcoin with no signs of abating.

Price analysis 2/15: BTC, ETH, ADA, XRP, DOT, BNB, LTC, BCH, LINK, XLM

The sharp recovery in major altcoins and Bitcoin suggests the uptrend remains intact. A large part of the current crypto bull run has been driven by institutional demand.

Bitcoin's Coinbase premium turned negative. Here's what it means for BTC price

Coinbase Pro is a major bellwether for institutional demand.

Bitcoin Institutional Demand Accelerates in 2021 Says Grayscale CEO

Institutional interest to buy Bitcoin is accelerating in 2021 according to Grayscale's CEO.

Grayscale CEO: Firms race to buy Bitcoin as mood shifts from ‘why’ to ‘why not?’

Grayscale CEO Michael Sonnenshein told CNBC that more tech leaders and institutional investors could follow Elon Musk into Bitcoin after Tesla's $1.5 billion purchase. Grayscale CEO Michael Sonnnenshein says institutional demand for Bitcoin (BTC) has only increased, moving into 2021, following a record-breaking year that saw Grayscale’s assets under management soar to new heights.

Price analysis 2/8: BTC, ETH, ADA, XRP, DOT, BNB, LTC, DOGE, LINK, BCH

Strong institutional demand has propelled Bitcoin and many altcoins to new all-time highs. Bitcoin (BTC) broke out to a new all-time high today, buoyed by the news that Tesla has purchased $1.5 billion worth of Bitcoin, according to a filing with the Securities and Exchange Commission. In addition to the Bitcoin purchase, Tesla also plans to offer its customers the option of buying products with BTC. Instead of converting BTC payments to fiat upon receipt, Tesla may decide to add it to its reserves. Daily cryptocurrency market performance.

CEX.IO LOAN Experiences Massive Institutional Demand With Over $100 Million of Loan Requests

PRESS RELEASE. Crypto-backed lending service CEX.IO LOAN that launched in October 2020 in select global jurisdictions, has been experiencing major demand, receiving over $100 million worth of loan requests to date.

CEX.IO LOAN Experiences Massive Institutional Demand With Over $100 Million of Loan Requests

CEX.IO LOAN experiences massive institutional demand for its crypto-backed lending service, with 41% of customers requesting to borrow cash against Bitcoin, 53% against Ethereum, and 6% against DeFi t The post CEX.IO LOAN Experiences Massive Institutional Demand With Over $100 Million of Loan Requests appeared first on AMBCrypto.

Institutional demand for crypto isn’t subsiding, but impact will be gradual

As another $2-trillion stimulus package looms in the US, institutions will continue to look at BTC as a hedge against inflation. For example, just last week, when the currency was hovering around the $30,000 threshold, a whole host of pundits was warning investors to brace for impact, suggesting that the premier crypto asset was on the verge of a correction and could once again dip to around the $20,000 region. However, in just one day, Bitcoin was once again playing with the bulls, retesting the $38,500 limit, only to witness a selloff and eventually settle around the $33,500 region.

Fidelity Optimistic About Bitcoin Regulation Under Biden Administration — Sees Strong Institutional Demand

Fidelity Digital Assets President Tom Jessop has shared his view on the future of bitcoin and cryptocurrency regulation under the Biden administration.

3 Reasons Why Bitcoin Price Will Continue Rising

Institutional demand, subsiding price volatility, and the Federal Reserve having no plans to taper its economic relief spending are 3 reasons why Bitcoin will continue to rise.

Wall Street Hedge Fund CIO Says Institutional Demand Insufficient to Keep BTC Above $30K

Institutional adoption of Bitcoin is not enough to keep the crypto asset above $30,000, said Guggenheim's CIO Scott Minerd.

Guggenheim CIO Says Institutional Demand Not There to Sustain Bitcoin Above $30K

Scott Minerd said he doesn't believe bitcoin's investor base is "big enough" or "deep enough" to keep price at current levels.

Institutional Demand “Can’t” Keep Bitcoin Above $30K Says Guggenheim’s Minerd

Institutional investment in Bitcoin is not enough on its own to justify Bitcoin’s price levels said Guggenheim CIO Scott Minerd who predicts BTC will trend below the $30K level.

Guggenheim says institutional demand not enough to keep BTC above $30K

Guggenheim CIO Scott Minerd has made another bearish prediction for short term Bitcoin prices.

Other than Bitcoin, Coinbase notes institutional demand for Ethereum as well

Coinbase ‘Year in Review’ 2020 report stated that there was a growing institutional demand for Ether, amid increasing corporate investments in Bitcoin.

Banking on Bitcoin: Crypto Banks Are Coming for Fintech

A new breed of bank is rising up in 2021, as crypto’s gatekeepers cave to institutional demand.

Analysts Are Gloomy About Bitcoin’s Short-Term Price Outlook Right Now

Some are now forecasting an extension of Monday's 20% price drop as more bitcoin moves onto exchanges and institutional demand cools.

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.

‘Unprecedented’ Institutional Demand for Bitcoin: Bitgo’s Custodied Assets Top $16 Billion, No Paypal Deal

Bitgo’s assets under custody have surpassed $16 billion.

Traditional crypto custodians ramp up security to accommodate institutional demand

Offline storage solutions are necessary for traditional custodians and banks supporting digital assets. Institutional investors are paying close attention to digital assets as Bitcoin (BTC) continues to soar past record-breaking levels, almost reaching the valuation of $24,000 for the first time in its history. Recent findings from a Bank of America–Merrill Lynch survey conducted between Dec.

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.

JPMorgan says MassMutual Bitcoin Investment Signals Institutional Demand Could Quickly Grow by $600 Billion

JPMorgan thinks growing institutional demand could see up to $600 billion flow into Bitcoin in the near future after insurance giant MassMutual invested $100 million into BTC.