«Institutional Investors Returning to Bitcoin

We’ll never get tired of discussing cryptocurrencies, including Bitcoin. The current situation of Bitcoin makes us remember that proverb about silver linings of dark clouds. Since it’s the fourth month of 2018 we can say for sure that the phenomenal success of Bitcoin, which happened in 2017, won’t repeat this time. Actually we witnessed a tremendous fall of Bitcoin this winter, but now something makes us believe that it’s too early to send Bitcoin straight to its grave.

It’s true that BTC has dropped severely. To be more exact, by 70% of its highest value of $20,000, that was reported in December 2017. But now it’s attracting institutional investors who started to believe in BTC again. We’re witnessing some serious money returning to the cryptocurrency market, that’s what we heard from Cryptocampus analyst Jeffrey Van de Leemput. He says that now a real bubble has started to appear.

At the moment cryptocurrency is trading for over $8,000 per coin, and this situation corresponds with Olga Feldmeier’s prediction. Smart Valor’s CEO says that a huge crowd of investors have been waiting for this bull phase for a long time, and now they’re greatly happy to be able to support it.

BlockTower Capital’s CEO, Ari Paul, adds that he’s not surprised to see this revival of Bitcoin, because such institutional investment was quite inevitable here. What’s more, he says that institutional investors are smart enough to catch this alpha opportunity, even if they don’t believe in it.

Jacob Puncey, Saxo Bank’s analyst, is sure that numerous uncertainties around BTC are making its rebirth possible in other financial markets, which don’t correlate with the mainstream market. He says that together with a remarkable pullback in the mainstream markets there’s a significant inflow of money into the assets, that are located outside the traditional financial system, where cryptocurrencies are respected and valued. The inflow of funds from institutional investors together with increase in BTC regulation may lead cryptocurrencies to a more positive period.

CME Group’s managing director Tim McCourt confirms a steady increase of the trading volume.

That’s what representatives of respectable institutional investors say. If we believe them, we’ll see that Bitcoin can rise again. But whether it’s true, we’ll see ourselves very soon.

Recomended casino

Welcome Bonus
£ 
50

100% first deposit bonus up to $/£/€50 plus 50 free spins on Starburst slot - new players 18+ only - T&C's apply

Welcome Bonus
€ 
300

100% first deposit bonus up to €300 plus 300 free slot spins - new players only - 18+ only - T&C's apply

Welcome Bonus
£ 
200

100% first deposit bonus up to £200 plus 20 free spins - new players only - 18+ only - T&C's apply

Welcome Bonus
€ 
200

100% first deposit bonus up to €200 plus 100 free slot spins - new players only - 18+ only - T&C's apply

Welcome Bonus
€ 
300

100% first deposit bonus up to €300 plus 50 free slot spins - new players only

Welcome Bonus
€ 
333

100% first deposit bonus up to €333 plus 77 free slot spins

Welcome Bonus
£ 
500

100% first deposit bonus up to £500 - T&C's apply - new players 18+ only

Welcome Bonus
€ 
100

100% first deposit bonus up to €100 - new players only

Welcome Bonus
€ 
200

100% first deposit bonus up to €200 plus 25 free slot spins - new players only

Welcome Bonus
250

100% first deposit bonus up to $/€250 with bonus code JACK1 - new players only

Welcome Bonus
€ 
100

100% first deposit bonus up to €100 plus 50 free spins - 18+ only - T&C's apply

Welcome Bonus
€ 
50

100% first deposit bonus up to €50 plus 40 free slot spins - new players only

Welcome Bonus
£ 
100

200% first deposit bonus up to £100 - new players only - 18+ only - T&C's apply

1st Deposit bonus
50 free spins

Sign up, deposit and stake £10 in the casino and you'll receive 50 free spins.

Welcome Bonus
$/£/€ 
100

100% first deposit bonus up to $/£/€100 free plus 20 free spins - new players only

Slots Bonus
€ 
300

150% first deposit bonus up to $/£/€300. Wagering - 17xBxD - 18+ only - T&C's apply

Welcome Bonus
€ 
200

100% first deposit bonus up to $/£/€200 plus 200 free spins - new players only - 18+ only - T&C's apply

Welcome Bonus
€ 
200

100% first deposit bonus up to €200 plus 20 free spins - new players only

Welcome Bonus
€ 
2000

200% first deposit bonus up to €2000

Welcome Bonus
€ 
900

300% first deposit bonus up to €900 - 18+ only - T&C's apply

Second Deposit Bonus
£ 
50

“100% DEPOSIT BONUS UP TO £50 (main sport promo)

Welcome Bonus
€ 
1000

200% first deposit bonus up to €1000 - 18+ only - T&C's apply

Welcome Bonus
€ 
2500

250% first deposit bonus up to €2500 - new players only

Welcome Bonus
€ 
200

100% bonus up to €200 - 18+ only - T&C's apply