Cryptocurrency Market Stability Hints At Institutional Investor Accumulation Possibility

Investors in the cryptocurrency market are waiting for a new bull run after a market in which most virtual currencies lost between 65% and 95%. However, the stability that the markets are experiencing in the last weeks can be related to institutions and wealthy investors accumulating cryptocurrencies.

During the last months, there has been an important development related to infrastructure specifically designed for institutions. At the same time, the market has seen progress towards regulation and processes’ improvement.

For example, Goldman Sachs and Citigroup are working on their own crypto custodians that will be approved by regulators and offered to institutions. At the same time, Morgan Stanley will be offering Bitcoin swap trading and already has the infrastructure necessary to serve its clients. Moreover, countries such as the United States, Japan and Spain are working in possible regulations for the market.

Furthermore, the Intercontinental Exchange (ICE) will also be…