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High Expectations as Institutional Investors Enter the Cryptocurrency Market

by David Drake Cryptocurrency is an idea whose time has come and cannot be ignored. However, many traders, investors, and spectators are wondering if the crypto market will recover its lost ground following the big drop in crypto prices and market cap during the first quarter of 2018. The entry of institutional investment into the crypto market is definitely a new twist and will speed up the recovery of this evolving and transformative ecosystem. With support from big institutional investors Soros Fund Management, Venrock, and crown prince of Liechtenstein, we expect a quick turnaround of cryptocurrency market. Increased Credibility Despite challenges like banning of crypto-related ads by tech giants, probing and suspension of crypto projects, and fraudulent crypto schemes, we have seen a boost in the adoption of cryptocurrencies. There are many revolutionary applications of cryptocurrency and blockchain technology across sectors. ¬†Some of the big companies already using cryptocurrencies and ... Read More »

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