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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.

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Forbes releases top 50 blockchain companies list

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Forbes has released top 50 blockchain companies using blockchain technology list and these are almost all household names of the world's largest companies.

Forbes has released a new top 50 blockchain companies using blockchain technology list and these are almost all household names of the world’s largest companies. In fact, they are all billion dollar plus companies such as Amazon, Citi Group, Foxconn, Comcast and a whole host of others and unsurprisingly the bulk majority of these companies are using Ethereum.

 

Although, outside of Ethereum which is, of course, the number 1 blockchain for these companies, we do see others like Hyperledger and Quorum for example, although much rarer on the list in terms of mentions are blockchains such as Stellar Lumens or Cardano. Blockchains such as TRON, EOS, NEM, and others are not mentioned in the list of top 50 companies.

 

Companies choosing Ethereum according to Forbes:

Big businesses really like what Ethereum is doing. Ethereum has also worked very hard to make these relationships happen over the last few years and those relationships are now paying dividends big time.

 

All the top 10 companies are located in China or the United States.

The Top 10 (Forbes List):

10. Ping An Insurance Company: China

9. Bank of China: China

8. Apple: United States

7. Wells Fargo & Company: United States

6. Bank of America: United States

5. Agricultural Bank of China: China

4. Berkshire Hathaway Inc: United States

3. JPMorgan Chase & Co: United States

2. China Construction Bank Corporation: China

1. Industrial and Commercial Bank of China: China

 

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JPMorgan expanding itself into the blockchain and crypto space

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JPMorgan Chase has been posting a lot of job opportunities in the blockchain and cryptocurrency industry on Indeed.com, the job listing portal.

JPMorgan Chase, the American multinational investment bank and financial services company has been posting a lot of job opportunities in the blockchain and cryptocurrency industry on Indeed.com, a job listing site. According to the data from Indeed.com, the overall job openings for the cryptocurrency industry also seems to be on a rise.

 

JPMorgan Entering the Cryptocurrency Space:

Though the CEO of JPMorgan, Jamie Dimon has always been a strong opponent of Bitcoin and other cryptocurrencies, his company has been interestingly expanding its operations in the field of blockchain and cryptocurrency.

 

Last month, JPMorgan launched its own cryptocurrency known as the JPM Coin, which will serve the bank’s precious customers in order to make transactions between them more swift and steady.

 

Back in 2018, JPMorgan had launched a blockchain powered platform known as Quorum which might be seen quite homogeneous to bitcoin and ethereum, however, it is almost fully centralized in nature.

 

Large companies entering the Blockchain Space:

In recent times, a lot of huge companies worldwide have been entering into the blockchain and cryptocurrency space. According to a recent publication by the Forbes, large organizations such as IBM, Deloitte, Cisco, Microsoft, Consensus, and others have been curiously hiring employees that are experts in the field of blockchain technology.

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Adoption: Courts in France adopt blockchain technology

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The NCC or National Council of Clerks of France have finally tested a blockchain technology-based solution for the courts of the country.

The NCC or National Council of Clerks of France recently made an announcement that they have finally tested a blockchain technology-based solution for the courts and are now prepared to launch it throughout France. The National Council of Clerks is a representation of the clerks of the corporate and commercial registry in around a hundred thirty-hour workplaces in France. The workplaces depend upon one another for sharing important data.

 

The goal of NCC France

The NCC is determined to streamline and position the latest information technology that capitulates something that is known as ‘the single version of the truth’. The data tracks an organization’s growth, dissolution, change of location etc. The sharing of data amongst each other was earlier a big challenge for the NCC.

 

The project based on blockchain technology had an aim of rapid cycle times and precision of information. In the pilot phase of the project, the National Council of Clerks in France was able to lessen the timing of registry operation involving a lot of days to just one day.

 

According to the president of France National Council of Clerks, Sophie Jonval, the project based on blockchain technology is an outcome of the partnership with IBM. IBM who is already an expert in blockchain technology and cryptography has been serving as a technological partner.

 

According to the NCC, the project shall be rolled out in the 1st half of 2019 and the project shall ensure a transparent and improved dynamics of the interactions between the clerks.

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