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10 Reasons why institutional investors are entering the cryptocurrency space.

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Institutional investors are looking forward to an opportunity to invest or rather stake their money into the cryptocurrency industry.

Institutional investors and their importance in the cryptocurrency market.

Introduction

It is not very uncommon that the institutional investors are looking forward to an opportunity to invest or rather stake their money into the cryptocurrency industry because it is highly fluctuating and the Return On Investments can be maximized by day trading or long-term investing by hodling the cryptocurrency coins. By keeping a track of the price volatility in the cryptocurrency exchanges and a number of day traders make a decent amount of profit in the field and some of the cryptocurrency projects which are notably massive in their implementation and roadmap, the institutional investors are precisely searching for such kinds of investment.

In other words, a real-world practical working model would automatically attract institutional investors from all over the world. According to reports it is estimated that the institutional investors are gaining a lot of interest in the crypto domain these days. Below are 10 reasons quoted for the same…

 

1. A number of cryptocurrency organizations these days are offering custodial services to the institutional investors in order to safeguard their cryptocurrency funds, in the form of Cold Storage facilities. Prominent financial organizations like Coinbase as well as Goldman Sachs are introducing such services for Bitcoin and Ethereum.

 

2. Recently The Securities And Exchange Commission in the United States has postponed its verdict with respect to the initiation of Bitcoin ETFs. The results are speculated to be on the positive side, as they have postponed the verdict so as to have a deeper look into the matter.

 

3. This is not the end, the SEC further has 9 more similar applications which also remain pending.  The experts predict that even this verdict would also be favouring the institutional investors. Therefore these institutional Investors must brace themselves for a whole new upcoming wave in the cryptocurrency market.

 

4. It is even being observed that many Governments, as well as financial regulators, are favouring the cryptocurrencies. This would indirectly help in a higher cryptocurrency adoption among the institutional investors as well. Hence the institutional investors need to tap the upcoming cryptocurrency boom which the world is to experience. With higher crypto regulations in place, the people would be opting for them with lesser hesitation.

 

5. With a firm framework with respect to the custodial services, many institutional investors will opt for the Crypto investment. As the state of the crypto domain was quite unregulated until now, the complete transparency from the SECs side is relieving, as the current KYC procedures are not so safe.

 

6. It is observed consistently at a number of prominent Blockchain summits and conferences that the government is shifting its perspective towards cryptocurrencies and Blockchain Technology, therefore, both fields are undoubtedly expected to rise. Therefore this is a great opportunity for institutional investors in order to grab the piece of cake.

 

7. Apart from the governments and financial organizations even the normal public masse also are realizing the underlying principle of the Blockchain technology and the cryptocurrencies. With greater understanding, comes greater exposure. Hence the public will opt to invest in them. Therefore it is a wonderful opportunity for the institutional investors to join the revolution.

 

8. The crypto domain is highly volatile currently and needs the required amount of stability which can only be achieved through long-term investment by the institutional investors and Venture capitalists. It would increase the market volume and decrease the fluctuations, therefore, rendering a more stable market.

 

9. The initiation of the Bitcoin Futures trading through CME and CBOE would legalize the investments in Bitcoin which is highly favourable for the institutional investors.

 

10. According to experts, the seasoned investors like the institutional investors enter the market when the prices have corrected themselves and are low. What better opportunity can an institutional investor find other than the present, as the cryptocurrency market is at it’s lowest levels.

 

Institutional investors along with care venture capitalist are some of the only personals, who can be effectively be relied upon, in order to expand and stabilize the cryptocurrency market by staking their investment in the domain. Although the crypto market is in its natal stages, it’s a due responsibility of the Institutional investors to help it grow.

#Blockchain

Can France become the Blockchain Nation?

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French MPs have recently put our a proposal trying to make France become the Blockchain Nation. This is a raft of 20 different proposals.

French MPs have recently put our a proposal trying to make France become the Blockchain Nation. This is a raft of 20 different proposals all aimed at trying to make France the number 1 Blockchain Nation specifically citing that they do not want to miss the train on this like they did the internet.

MPs in France are proposing to have a 500 million euro investment fund in order to stimulate the blockchain industry in France. They are focusing on trying to get public institutions to get into blockchain. The proposals include the Central Bank of France issuing their own cryptocurrency and providing subsidies for cryptocurrency miners.

Recently we did have legislation coming out of France that they want to make it much easier to have ICOs in France. They are aiming to attract teams from all over the world o come to France and have their ICOs.

 

Writers thoughts:

The central bank of different nations are planning to issue their own crypto assets but it recreates the problem that we are trying to solve with cryptocurrencies.

Giving subsidies to cryptocurrency miners is not actually good for the crypto community as the mining industry should remain competitive. The government of different nations should not be giving them preferential energy rates especially in France where it is mostly a nuclear-powered nation.

Setting up a legal framework for ICOs is exactly what is needed in terms of regulation.

Along with all of this, there is also a formal taxation policy which is coming up in France and all of this coming together is quite awesome. This is regulatory clarity and this is what a lot of companies and institutions are desperately asking for. This is the main reason why more and more companies are moving to nations such as Malta, Japan, and Switzerland as they have regulatory certainty. France which is one of the world’s biggest economies is hopping on board with the new proposals, the recent announcements about ICOs, taxation, tobacco shops to sell bitcoin from next year and recently setting up something called the ‘Mediterranean Seven’ which includes Spain, Portugal, Cyprus, Italy and Greece led by France with the mission to improve education in usage of blockchain technology in industries such as healthcare, transport, land, company registry, shipping and much more.

 

What are your thoughts on the above? Tell us in the comments section below.

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#Blockchain

Blockchain and Oil Industry: IBM partners with ABNOC

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IBM is teaming up with the Abu Dhabi National Oil Company to create a blockchain supply chain system. The blockchain solution is currently in pilot phase.

IBM is teaming up with the Abu Dhabi National Oil Company or ABNOC to create a blockchain supply chain system. The blockchain solution is currently only in its pilot phase but this is no small announcement for ADNOC as ADNOC has a daily output of about 3 million barrels of oil in 10.5 billion cubic feet of natural gas. ADNOC’s digital unit manager had the following to say about the blockchain pilot:

“Blockchain is a game changer. It will substantially reduce our operating costs by eliminating time-consuming and labor-intensive processes. It will strengthen the marketing and trading of our products and create long-term sustainable value.”

 

Blockchain for Oil

The blockchain solution will also enable the ability to track every molecule of oil and its value from well to the customer. Also reducing the time to execute transactions between ADNOC’s operating companies and increase operational efficiencies and provide even greater transparency to the industry. The blockchain solution will surely increase the revenue for ADNOC and it may increase the efficiency of delivery and hopefully reduce waste.

The oil industry is currently attempting to extract a little bit more wealth before the renewable revolution takes place. But even though we have a boom in renewables, the infrastructure is lacking in many places globally and oil is here to stay with us at least for some time in the coming future. This is the first oil blockchain solution which will surely attract more oil blockchain solutions in the coming future.

 

The third industrial revolution will surely be not an oil-based revolution. The renewable revolution will basically be unstoppable. What do you think about the future of blockchain and oil industry? Tell us in the comments section below.

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CoinMarketCap is now on Telegram and very community-driven

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CoinMarketCap, a platform that has been serving the cryptocurrency community since 2013, now has an official Telegram group to educate the community

CoinMarketCap, a platform that has been serving the cryptocurrency community since 2013, now has an official Telegram group to educate the community about latest happenings in the world of cryptocurrency & blockchain with market updates, relevant news, and educational content.

 

CoinMarketCap

CoinMarketCap is the most used websites amongst the crypto enthusiasts, having a great user experience. The platform provides a comprehensive breakdown of the current price of more than 2000 cryptocurrencies in the market. The price is calculated by averaging the prices of top cryptocurrency exchanges weighted by volume. CoinMarketCap offers essential data such as historical price charts, coin information, ranking, the market capitalization of each cryptocurrency, circulating supply along with the 24-hour volume for the millions of cryptocurrency enthusiasts.

 

CoinMarketCap for Traders

CoinMarketCap is also an excellent tool for traders for viewing the hourly, 24 hours or 7-day percentage change of a particular coin. The information on the platform is updated in real time. CoinMarketCap fetches real-time data from top cryptocurrency exchanges and ranks the top 100 exchanges for traders to choose from and decide which one is the best suitable for them. In summary, CoinMarketCap can be called a solution for all cryptocurrency related data that anyone needs for investing, trading or understanding cryptocurrencies. CoinMarketCap now offers a pro API plan which provides more robust data endpoints for subscribers.

 

CoinMarketCap Community Group

CoinMarketCap has recently announced the launch of their official Telegram group which aims at connecting the entire crypto community with market updates, relevant news, and educational content. It’s also a great space to bond, share and learn about crypto related topics with the peers in the community.

 

How do you join the group?

To join, simply download Telegram Messenger onto your mobile phone or desktop.

Telegram Messenger also works on the web: https://web.telegram.org. Once you have successfully registered on Telegram, you can search “CoinMarketCap Community” in the search bar. Users can also click on the following link to join the group instantly: https://t.me/CoinMarketCap

 

CoinMarketCap Chat Bot

CoinMarketCap also has an interactive chatbot: @CoinMarketCapBot which will allow you to have an interactive experience through choosing your own adventure on market updates, latest cryptocurrency news, and educational content.

This is a great new way of receiving quick updates in the crypto market. The whole thing only takes a few minutes and the interaction with its sassy bot is not only informative but also quite entertaining!

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