Cathie Wood Predicts $500k Bitcoin Price If Institutions Invest

Though Bitcoin has failed to hit some of the loftier December price targets earlier this year, Cathie Wood remains bullish on the asset long-term. She recently reaffirmed her $500k price prediction from months ago, so long as institutions continue to diversify into it. Despite a volatile spot price, institutional adoption has steadily grown throughout 2021. Staying Bullish On Bitcoin YESTERDAY MORNING, the ARK Invest CEO gave her price forecast with CNBC’s Squawk Box. When asked whether she thought the crypto…

Nickel Digital Confirms Crypto Interest of Institutional Investors in the UK

Nickel Digital’s recent survey suggests Institutions in the UK have plans to expand their crypto investments. According to the firm, half of the companies in the survey are ready to increase their crypto-asset tallies by 2023. Out of the 23 companies in the discussion, six stated that they would boost their investments in cryptocurrencies. The Tale of Crypto Adoption Nickel Digital places the UK as a hotspot for institutional crypto investments. The firm believes a country is a good place for hedge…

Crypto Markets Experience Turbulence as Institutional Investors Stay On the Sidelines

The bulls and bears are embroiled in an ongoing fight for domination of the cryptocurrency market. At the start of the week, top digital assets such as ETH and LTC attempted to make headwinds in what seemed like a bitcoin-led upswing. Instead, however, the crypto space mirrored the persistent weak trend in the traditional markets and shed nearly 7% off its combined market capitalization on July 8. Bitcoin fell 6% on the day as major global equity indices crashed, while…

Staked.us – The Easiest Way for Institutional Investors to Enter the DeFi Space

Staked.us is a non-custodial staking and DeFi solutions provider. The firm is best known for its block production node services. These decentralized PoS protocols are geared towards institutional investors. Specifically, crypto hedge funds, VCs, and angel investors are Staked.us' primary customer base. Consequently, the network offers various features to investment firms not found on any other platforms at this time. Benefits of Staked.us Staked was built to provide major investors with new revenue opportunities. The network introduces a variety of…

Ethereum Has Gained Over 50% in 2021: What Should Investors Expect?

The new year started with a bang as Ethereum managed to rocket from $770 to hit $1,151 in just 48 hours – a level last seen in January 2018. The rally came about as ETH gained momentum following big brother bitcoin's colossal uptrend over the same period. The latest push higher by ETH has many speculating that the popular altcoin is well poised to soar to a new all-time high. Although 2020 will be remembered as the year of BTC,…

Experts Give BTC Halving Predictions Amidst Coronavirus Epidemic

Experts predict bullish during the third bitcoin halving as retail investors are expected to increase. Bitcoin prices have been pushing above $9000 in the week before bitcoin halving. Serious economic downturn due to the virus is expected to work positively for Bitcoin during the halving. Crypto experts predict a rise in bitcoin price as the Bitcoin mining reward halving unfolds. Experts predict Bitcoin halving's bullish impact and a rise in many crypto investors in the market. They are basing their…

Bakkt Review – A New Era For Bitcoin and Crypto Futures

Crypto is moving towards mass mainstream adoption, and the current trends in the industry can attest to that. However, the big players have discovered that they must focus on institutional investors to realize enhanced mass adoption. Currently indulged in trading bonds, stocks, and other financial instruments, institutional investors must be attracted to the crypto sphere by employing realistic trading platforms to make crypto trading simple yet profitable. The influx of institutional investors will mean a large flow of institutional money…