Crypto Market Setup Looks Positive for Second Quarter: Coinbase

Institutional interest in the crypto space remains elevated, according to Coinbase."On the demand side, the 90-day review period that many wirehouses employ when conducting due diligence on new financial offerings – like spot bitcoin exchange-traded funds – could conclude as early as April 10," analysts David Duong and David Han wrote.

Coinbase notes that wirehouses such as Morgan Stanley , Bank of America , UBS and Goldman Sachs are"not the only gatekeepers of wealth" and some major U.S. wealth-management platforms operate outside of these large financial institutions.Institutional interest in the crypto space remains elevated, the report said, citing the level of leveraged short positions in Chicago Mercantile Exchange bitcoin futures, which climbed to a record high on March 19.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Crypto Market Update: Why is Crypto Suddenly Making Us Feel Like Irrational Geniuses?The total market cap is sitting pretty at a cool $2.66 trillion, and Bitcoin is the king of the castle again at 51.56%.
Källa: hackernoon - 🏆 532. / 51 Läs mer »

Options market signals sharp decline in Bitcoin, Ethereum prices while meme coins see gainsThe crypto options market is known to provide early signals to corrections in the spot market.
Källa: FXStreetNews - 🏆 14. / 72 Läs mer »

SEC v. Ethereum: What to Expect and Why It Is Crucial to Crypto MarketThis round of crypto regulation could change way crypto industry works
Källa: Utoday_en - 🏆 295. / 63 Läs mer »