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Joe DiPasquale, CEO of crypto fund manager BitBull Capital, told CryptoX that institutional investors’ preference for BTC represented “the safest choice in a bear market.” He noted that Ethereum’s upcoming protocol updates might be raising concerns about an increased “risk of things going wrong,” and added that the Shanghai hard
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JPMorgan’s assessment revealed that AI was preferred more than four times over blockchain and distributed ledger technology. Artificial intelligence (AI) technology may gradually be taking over the interests of institutional traders. According to a recent survey carried out by financial services behemoth JPMorgan, AI technology could shape the entire trading space
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A new survey by JPMorgan Chase shows that 72% of institutional traders “have no plans to trade crypto” while 14% plan to trade cryptocurrencies within five years. Institutional traders also expect “recession risk” to have the biggest impact on markets in 2023. JPMorgan’s Institutional Trader Survey Global investment bank JPMorgan Chase published
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Bitcoin experienced the second-strongest January in its history — and the best since 2013 — rising nearly 40% amid wide reports that institutional investors were back on board.Zhong Yang Chan, head of research at CoinGecko, told Cointelegraph that there were “net institutional inflows into digital asset funds in January 2023,
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Bitcoin (BTC) headed toward $23,000 on Feb. 3 after a night of losses erased bulls’ latest progress.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar rebound halts crypto partyData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $23,329 on Bitstamp.The pair had come off a second trip above the
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On Feb. 1 and Feb 2. Bitcoin’s (BTC) price surpassed even the most bullish price projections after the U.S. Federal Reserve (FED) announced plans to raise interest rates by 25 basis points. Even though FED chair Jerome Powell told investors not to wait for interest rate cuts in 2023, during his
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As a trader, it’s important to understand the various factors that can influence the price of an asset. For those interested in Bitcoin, it’s worth considering the potential relationship between the cryptocurrency and the DXY, a popular index that measures the value of the US dollar against a basket of
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A whopping 72% of institutional e-traders have signaled “no plans to trade crypto/digital coins” in 2023, according to a new survey conducted by JPMorgan.The seventh edition of JPMorgan’s e-Trading Edit surveyed 835 traders from 60 different “global locations” about the technical developments and macroeconomic factors that will influence trading
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LBRY blockchain's native token LBC is giving back its gains as traders begin to digest the reality of a court hearing. Source
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A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence in the industry as a whole. New Entity to Deal With Issues
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