RATE Group | Crypto market is changing and not only in prices
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Crypto market is changing and not only in prices

05 Dec Crypto market is changing and not only in prices

Posted at 19:33h in Cryptocurrency News by

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  • 2019 leaves behind some failed institutional initiatives.
  • 2020 promises a State of the Art infrastructure to take crypto trading to the next level.
  • Yesterday’s “Pump and Dump” can be repeated in the next few hours.

A history of degrowth

Today, the data of institutional adoption of the cryptocurrencies market has been made public. According to this study, 2019 will end with a substantial decline in institutional investment initiatives in this innovative market. 

According to Financial Magnates, more than 70 Hedge Funds have closed this year in the face of little interest from the institutional segment.

Nick Carter, the founder of Coin Metrics, has declared: “the market is definitely retail-driven and will remain so for the foreseeable future…”

Investment funds, Family Office and similar projects have lowered the blind to the excess volatility and excess risk inherent in the crypto market.

In a recent statement, Mike Novogratz, CEO of Galaxy Investment…

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