Big institutional investors are still largely staying away from the crypto market, as the asset class’ volatility poses a challenge to money managers, Jared Gross, head of institutional portfolio strategy at JPMorgan Asset Management, told Bloomberg. “As an asset class, crypto is effectively nonexistent for most large institutional investors,” Gross noted, explaining that “the volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging.” Gross believes that most institutional investors are currently “breathing a sigh of relief that they didn’t jump into that…
Tag: Investors
Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors – Featured Bitcoin News
A strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging,” he added. JPMorgan on Institutional Crypto Investing JPMorgan Asset Management’s head of institutional portfolio strategy, Jared Gross, discussed crypto and institutional investors’ interest in the asset class on Bloomberg Friday. The senior investment strategist described: As an asset class, crypto is effectively nonexistent for most large institutional investors ……
Why Crypto Investors Are Upbeat On MATIC For 2023
The year 2023 looks promising for MATIC. At least, with the way Polygon’s development team are performing, the crypto looks poised for a better year ahead. Polygon, a Layer 2 scaling solution, has recently rolled out zkEVM public testnet (second version) in preparation for the launch of the blockchain’s mainnet. In addition, the ecosystem has also launched two NFTs. Polygon rolls out second version of its zkEVM public testnet Polygon launches two NFT sports collections MATIC price seen doubling by 2023 The developments happening for Polygon (MATIC) sets the stage…
TradingView: The Ultimate Trading Platform for Investors and Traders
TradingView is a powerful financial visualization and analysis platform that has become increasingly popular among cryptocurrency traders. With its interactive charts, technical indicators, and customizable alerts, TradingView is an essential tool for anyone looking to trade digital assets like Bitcoin, Ethereum, and other assets. One of the key features of TradingView is its real-time charts, which allow you to track the price movements of your favorite cryptocurrencies in real-time. You can choose from a variety of chart styles, including candlestick, line, and bar charts, and customize the time frame to…
FTX Investors’ Loss Is Wall Street Lawyers’ Gain
Professionals are charging upwards of $2,000 hourly wages against $12 million retainers as they attempt to restore funds to the million-odd creditors of Sam Bankman-Fried’s empire Source
Tron Shows Bullish Energy And Attracts Investors To Buy TRX
TRON has been on an uptrend and looking bullish for the past 12 hours. The technical indicators all imply an increased demand on the asset and a steady streak. Here’s a quick glance of how the crypto has been performing of late: TRX price up by 0.20% as of this writing Technical indicators show increased TRX demand TRON second in line in terms of TVL Tron Price Retraces By Half According to CoinMarketCap, TRX price has spiked by 0.20% or is trading at .05529 as of this writing. TRON has…
VeChain Jumps By 5% As VET Investors Look To Profit Before Christmas
VeChain has seen a price pump of 4% or currently trading at $0.0161 in the last 24 hours, triggered by the increase in VET demand, data from Coingecko shows. With this scenario, if the buying pressure persists, VET could sprint towards its resistance level and supply zone at the 100% Fibonacci level found at $0.01967. VeChain investors could profit at $0.01778 A breach slicing below the $0.0156 mark can further invalidate the bullish streak of VET VET showing price recovery at $0.01583 VeChain has recently launched its upgrade PoA 2.0…
Bitcoin Retail Investors Now Hold 17% Of Total BTC Supply, But Is It Good News?
Bitcoin retail investor numbers are on the rise. These smaller investors have less purchasing power but with so many new entrants into the market following the 2020-2021 bull market, their collective purchasing power has grown alongside the total amount they hold. Retail Investors Hold 17% Of Supply Over the last few years, bitcoin addresses holding less than 10 BTC on their balances have been picking up more BTC supply. Recent data from on-chain data aggregator Glassnode shows that these small investors now hold 17% of the total BTC supply. This…
Altcoin Indexes Take Beating As Investors Flip Alts For Bitcoin
Data shows the different Altcoin Indexes in the crypto market have taken a beating during the past week as investors have been flipping alts for Bitcoin. Bitcoin And Stablecoins Dominance Rises As Altcoins Struggle As per the latest weekly report from Arcane Research, the cryptocurrency market has observed a correlated decline recently, but altcoins have taken a more substantial hit. The “Altcoin Indexes” here refer to groups of altcoins divided on the basis of market cap. The most popular indexes include the “large caps,” the “mid caps,” and the “small…
Grayscale to Refund 20% of Investor’s Capital if SEC Denies Its ETF Bid
While little is known about its fight with the SEC, Grayscale is already preparing for future moves in case it loses the battle. Grayscale Investments, one of the biggest asset management firms in the digital currency ecosystem is mulling plans to repay its investors should its ETF plans fail. As reported by the Wall Street Journal (WSJ), the move will be activated if the company, a subsidiary of the Digital Currency Group (DCG) is unsuccessful in its broader bid to push the United States Securities and Exchange Commission (SEC) to…