Bitcoin is rising on liquidity recovery and institutional demand, not geopolitics, says Coinbase executive

Bitcoin's rise, driven by liquidity and institutional demand, signals growing mainstream acceptance and potential financial system shifts. The post Bitcoin is rising on liquidity recovery and institutional demand, not geopolitics, says Coinbase executive appeared first on Crypto Briefing.

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Gemini Surpasses $25 Billion Crypto AUM Amid Growing Institutional Demand

US crypto exchange Gemini has reached a milestone as it just announced that its cryptocurrency assets under management (AUM) had surpassed $25 billion for the first time. This is due to the increasing demand by institutional investors.

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Bitcoin Takes Aim at $70,000 as Institutional Demand Skyrockets

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Will Cryptocurrency Custody Services Fuel Institutional Demand?

Demand for secure cryptocurrency storage services is increasing. Meanwhile, investment managers and exchanges are creating services to meet the demand. Will this, in turn, encourage more high-net-worth and institutional investment in cryptocurrencies?  Traditional and high-value investors may still be wary of cryptocurrency exchanges, especially considering the frequency of major hacks.

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Cryptocurrency Custodian Services Find Huge Demand in Australia

Australia-based Pallion, a precious metals firm, has expanded its subsidiary Custodian Vaults’ services to include the region’s first insured cryptocurrency custodial service according to July 16, 2018 reports.

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Malta-based STASIS Launches New Euro-Backed Stablecoin

Malta-based tokenization platform STASIS has launched EURS, a stablecoin backed by the Euro. EURS, aiming to be the biggest "fully verified and collateralized stablecoin" in the world, launched with a $100 million pre-launch order book which is expected to hit $500 million by year’s end.

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100 Tokens By 2020: Ledger Pledges Big Expansion for Crypto Custody

Wallet and custody startup Ledger is ramping up the number of cryptocurrencies it supports to meet demand from institutional investors.  

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Swiss Stock Exchange Operator Plans to Launch Crypto Exchange

SIX, the firm that operates and owns the Swiss stock exchange, has announced plans to launch a fully regulated digital cryptocurrency exchange. The firm says it plans to launch "the first market infrastructure in the world” which will “offer a fully integrated end-to-end trading" while providing a safe environment where digital assets can be issued and existing securities and non-bankable assets can be tokenized.

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ETFs or Institutional Investors Could Drive Bitcoin to $35,000

IronWood, which is a cryptocurrency research company, believe that ETFs or institutional investors could spark the demand for digital currencies needed to boost prices and start the next rally.  They predict the next upward rally of prices could reach $35,000, which is almost double the December 2017 highs.

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Circle’s Crypto Trading Platform Attracts more Institutional Investors Despite Bitcoin Fall

Circle, which provides one of the largest trading desks for institutional investors, said that it saw its demand increase despite the declining price of Bitcoin.

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Circle Attracted 30% More Institutional Investors in May Despite Crypto Price Woes

Digital payment app Circle saw a 30% increase in institutional investors joining its ‘Circle Trade’ platform in May of this year. In attempts to meet this demand, the startup is attempting to mature its product by applying more automation to the platform, which will help cater to high-frequency trades and bigger block orders.

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From Chatroom to Classroom: The Evolution of Blockchain Education

With the creation of Bitcoin and its blockchain, Satoshi Nakamoto introduced an entirely new practical application for cryptography, unearthing an unexplored area for computer science and technological development.

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