Tag: Investors

Institutional investors headed for a tipping point on crypto — Apollo Capital

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Henrik Andersson, CIO of crypto asset fund manager Apollo Capital believes institutions may soon “flip” on their conservative stance towards crypto.  Speaking to Cointelegraph, the Melbourne-based crypto fund manager said that while institutional interest in crypto has been slow in picking up, particularly in Australia, there are a lot of players that are waiting for the right moment to strike. Andersson admitted that major institutional investors in Australia, particularly retirement funds (or superannuation funds) have yet to warm up to the digital asset space. “It’s still early days. So yes,…

Robert Kiyosaki Urges Investors to Get Into Crypto Now, Before Biggest Economic Crash in World History – Economics Bitcoin News

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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to get into crypto now, predicting that the biggest economic crash in world history is incoming. “Now is the time you need to get into crypto,” he stressed. Robert Kiyosaki Says Now Is the Time to Buy Crypto The author of Rich Dad Poor Dad, Robert Kiyosaki, reportedly told his “Rich Dad Community” mailing list subscribers Sunday that they need to get into crypto now, before the biggest crash in world history hits. Rich…

New Crypto Exchange From Schwab, Fidelity, Citadel Securities, Virtu Aims to Seriously Cut Costs for Investors

It’s seeking to nudge crypto toward the low costs seen in U.S. stocks, EDX CEO Jamil Nazarali said in an interview Tuesday. He gave a theoretical example of an investor seeking to buy $5,000 worth of an S&P 500 ETF, whose cost for that trade – as measured by the cut, known as the spread, an intermediary would take to complete the transaction – would likely be a few pennies. A similar-sized BTC trade might currently cost $25, Nazarali said. Source

Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors – Finance Bitcoin News

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Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” a State Street executive said. State Street on Institutional Demand for Crypto State Street, a leading investment management firm, sees unwaning institutional demand for cryptocurrency despite market sell-offs, the Sydney Morning Herald reported Monday. Irfan Ahmad, State Street Digital’s product lead for the Asia-Pacific region, said the banking giant’s institutional clients are still keen on crypto and its…

Here’s Where Investors Expect Cardano (ADA) Price To Be At The End Of September

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Cardano (ADA) remains one of the largest cryptocurrencies by market cap, but the digital asset’s decline from its all-time high back in 2021 has left in its wake a lot of bearish sentiment. These sentiments have not seemed to change even through the numerous recoveries that have been recorded by the digital asset. Even now, investors do not look favorably upon the digital asset as they do not expect any significant growth from the digital asset. Investors Say $0.6 For ADA In September The “Price Estimates” feature that was introduced…

Institutional investors undeterred by crypto winter

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Institutional investors are unfazed by the current crypto winter and have maintained their interest in blockchain and digital assets according to megabank State Street. Speaking with Australian news outlet Sydney Morning Herald (SMH) on Sept. 11, Irfan Ahmad, the Asia Pacific digital lead for the bank’s crypto unit State Street Digital emphasized that despite extreme volatility through June and July, the firm’s institutional clients have continued to make moves in the sector. “During the course of the June, July period where things were really hotting up in terms of activity,…

Elon Musk’s $258 Billion Dogecoin Lawsuit Grows as New Defendants, DOGE Investors Join – Featured Bitcoin News

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The $258 billion lawsuit filed against Elon Musk, Tesla, and Spacex over their dogecoin promotion has expanded with new defendants and DOGE investors added. The plaintiffs allege that the meme cryptocurrency dogecoin is a Ponzi scheme, emphasizing that Musk and his companies “falsely and deceptively claim that dogecoin is a legitimate investment when it has no value at all.” New Defendants and Plaintiffs Added to Lawsuit Against Elon Musk Over Dogecoin An amended complaint to the $258 billion lawsuit against Elon Musk, Tesla, and Spacex was filed Tuesday in Manhattan…