RATE Group | Major Bitcoin Traders Join Forces to Lure Big Institutional Investors
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Major Bitcoin Traders Join Forces to Lure Big Institutional Investors

21 Jul Major Bitcoin Traders Join Forces to Lure Big Institutional Investors

Posted at 06:46h in Bitcoin News by

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Bitcoin traders are gladly remarking that Bitcoin’s price trajectory has been positive for the last five consecutive days, without significant pullbacks. Now that Bitcoin’s winter seems to be over, Bitcoin trading firms are joining forces to entice big institutional investors into the vibrant cryptocurrency market.

New Price Indices for Bitcoin and Ether

For many, Bitcoin’s resiliency and its recent price surge 00 are evidence that “Bitcoin has room to move higher.” In this context, the next challenge is to attract investment from big financial institutions.

However, these institutions remain reticent to participate in the crypto market due to the lack of a regulatory framework and transparency.

An effective way of addressing this issue would be to provide investors with accurate data on actionable liquidity within the institutional crypto markets.

In this regard, trueDigital Holdings LLC, a major cryptocurrency exchange, partnered with several crypto firms to build two…

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