May 04, · The recent price surge for Bitcoin is waking up investors around the globe, including Wallstreet. Aside from investors, publicly traded companies are . Aug 06, · Bitcoin and cryptocurrencies have attracted the attention of Wall Street in recent years, with some of the biggest bitcoin and crypto asset managers reporting massive inflows.. The bitcoin price Author: Billy Bambrough. Nov 25, · Leaked Wall Street report predicts Bitcoin to hit US$k in By 9News Staff pm Nov 25, In just 12 months a single Bitcoin will be potentially be worth an eye-watering US$, (A$,), according to a leaked Citbank report.
When will bitcoin be traded on wall street
Bitcoin Finds a Home on Wall Street As Stocks Fail to Rally - DecryptThe thesis was based on the trend that investors who have been roughed up by turbulence in the traditional fiat markets are looking for somewhere safer to put their money, which in this case, is Bitcoin.
Markets are looking for signs of a quicker recovery to the COVID epidemic and last night pharmaceutical company Moderna responded in kind. Governors across the country are pushing for tighter restrictions to try and contain new outbreaks, dampening investor spirits.
Market watchers are now focusing on the latest US retail sales, industrial production and capacity utilisation figures, due in the next few days. This sponsored article was created by Decrypt Studio. Learn More about partnering with Decrypt Studio. Read on the Decrypt App for the best experience. For the best experience, top crypto news at your fingertips and exclusive features download now.
Another area that could be affected by the interest in Wall Street is regulation. Bitcoin is a strange beast in some ways. Because of the blockchain technology there have been no fraudulent transactions in the entire history of Bitcoin. Regulators could very well bring securities laws that are already on the books to cryptocurrency. If you decide to invest in the Bitcoin stock market or other cryptocurrencies , this potential for new regulation is something to keep in mind.
With regulations comes more scrutiny into how Bitcoin and other cryptocurrencies operate. As new cryptos hit the market they often use ICOs to do it. An ICO is a method used by cryptocurrency startups to bypass regulated and rigorous capital raising processes that are required by banks and venture capitalists.
Typically, in an initial coin offering a percentage of the new cryptocurrency is sold to early investors in exchange for Bitcoin or other legal tender. It looks like there will be more of an effect on initial coin offerings when regulators come in to deal with the growing Bitcoin stock market and other cryptocurrency efforts.
And as crypto gets bigger, regulation is more likely to happen. Guide to Bitcoin. Full Bio Follow Linkedin. Follow Twitter.