There May Soon Be a Bitcoin “Shortage” Amid Institutional Adoption
Bitcoin has stagnated over recent weeks and months after peaking at $12,500 in August. The leading cryptocurrency currently
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Institutional
Surging Bitcoin futures volume highlights increasing institutional interest
On Oct. 12 Bitcoin price (BTC) pushed above $11,700 on Binance and data shows trading at derivatives exchanges also began to spike.According to data from Skew, CME Bitcoin futures open interest has started to recover. The term open interest refers to the total amount of long and short contracts open
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This Ethereum Startup Is Building a ‘DeFi Firewall’ for Institutional Investors
As decentralized finance (DeFi) balloons to a roughly $10 billion market, infrastructure builders are coming up with ways to reduce the associated risks.Announced Wednesday, wallet and custodial technology provider Trustology has added a “DeFi Firewall” to its suite of institutional-investment tools. The “Firewall” is basically a set of rules or
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Aave’s path to decentralization hopes to attract institutional investors
Aave has emerged as a top DeFi protocol with $1.5B locked in its smart contracts. It has also become the first DeFi project to reach a $1B market cap and receive an Electronic Money Institution license from the United Kingdom Financial Conduct Authority.Aave recently launched its Aavenomics proposal to reward
Read MoreInstitutional crypto interest hasn’t been affected by COVID-19
The coronavirus pandemic has truly been a watershed event — not just for the financial industry but for the world at large. Many had plans and goals that they wanted to achieve before the year ran out but had to stop. Companies had to file for bankruptcy, and people lost
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Bakkt Futures Volume Up on Institutional Trading; Its President Slams Offshore Options
Growing institutional interest is helping to drive a recent spike in volume on Bakkt, according to its president, Adam White. But the U.S.-regulated crypto derivatives exchange is holding out hope its dormant options platform will eventually gain traction. Trading volumes for physically settled bitcoin futures on Bakkt rose to $134 million
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Coinbase Sees More Institutional Investors Buying Bitcoin in H1
Coinbase says more institutional investors are now using its platform to build direct positions in the cryptocurrency market.Crypto fund managers are now getting more backing from institutional investors that see the crypto market as an alternative investment strategy.In a report, the exchange says it observed a “noticeable uptick in
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How Digital Asset Exchanges Can Meet Institutional Investors’ Need for Speed
With low barriers for entering, competition for digital asset exchanges is intense, with an estimated more than 10,000 exchanges now operating worldwide. This competition reduces margins for all of them and also lowers deposit and withdrawal thresholds. Add in a confusing patchwork of global regulations, and profitability challenges for digital
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Institutional Investors Are Turning Their Attention to Decentralized Finance
The decentralized finance sector has been steadily growing and has begun to see the fruits of its labor. But while there is much hype surrounding DeFi projects and applications, particularly during Bitcoin’s (BTC) uncharacteristic lack of volatility, there is still a long way to go. The technology is still in its
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Сurv Integrated with Compound to Onboard Institutional Investors in DeFi
Thanks to the integration with Compound, Curv’s customers “no longer need to let their digital assets sit idly”.Curv announced that it has integrated with Compound, which is dubbed as DeFi’s largest lending protocol. Curv prides to be the institutional standard for digital asset security.Excited to announce our integration with @compoundfinance.
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