Coinbase Opens Institutional Door To Crypto

in #bitcoin6 years ago

Today we talk about Coinbase launching their custodian service for institutions who are worried about crypto security. Plus a market roundup and other news. Learn how blockchain technology works or how to make and save money with cryptos at https://www.cryptoversity.com/courses/

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●▬ Sources ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
https://cointelegraph.com/news/coinbase-custody-targeting-institutional-investors-now-officially-open-for-business
https://blog.coinbase.com/coinbase-custody-is-officially-open-for-business-182c297d65d9
https://chainstate.org/2018/07/02/ethereum-transaction-fees-increase-by-7000/
https://ethgasstation.info/index.php
https://peepeth.com/
http://bitcoinist.com/new-online-shooter-on-blockchain-lets-players-monetize-their-gaming-skills/
https://warfield.com/
https://coinmarketcap.com/
https://onchainfx.com/

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The $10 billion figures makes sense to me given that the majority of institutional investors looking here are mostly boutique or family office asset managers that have up to $150m given regulations. I don’t think this custodial solution is made for the big institutions. Also, I recall a research paper saying that $25 billion of new capital in 2017 is what drove the 2017 rally. So this $10 billion could potentially put a floor in prices.

Great content Chris. War field is a great example of the integration of block chain into something that everyday people consume.

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That's a great analysis of Bitcoin actually I appreciate your post.. keeping it up y dear friend..

I watching your YouTube channel video. How to buy steem power by debit card. @marketingmonk

do you think this can b take crypto market in long run or only etf can do some magic ?

Now the institutional money can really start rolling in.

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