No Result
View All Result
Subscribe
Sunday, March 7, 2021
  • Home
  • Crypto News
  • Offers
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA Notice
  • Contact
  • Home
  • Crypto News
  • Offers
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA Notice
  • Contact
No Result
View All Result
CRYPTOCURRENCIESNEWS
No Result
View All Result
Home Crypto News

Blockfi exec explains institutional outlook on altcoins

by admin
January 21, 2021
in Crypto News
Blockfi exec explains institutional outlook on altcoins

Might institutional buyers start increasing into altcoin purchases? Blockfi’s vice-president for Europe and Asia, David Olsson, talked about liquidity as a element of consideration.

Some digital belongings available on the market, together with newer ones, might even see excessive volumes at occasions. “The query is, how lengthy can that be sustained,” Olsson defined throughout a CfC Moritz convention section on Wednesday, including:

“Chainlink (LINK) is one which has held up respectable quantity over time, however plenty of them are likely to, you realize, be sort of the subsequent biggest factor, after which fizzle out and quantity disappears,”

Ethereum (ETH) sits proper under Bitcoin with a market cap of roughly $152 billion. Tether (USDT) is in third at roughly $24 billion, and Polkadot (DOT) in fourth with about $15 billion. At one centesimal on the record, Lisk (LSK) holds a market cap of about $186 million. Hundreds of different crypto belongings have market caps which descend from there.

Olsson stated of potential altcoins:

“So I feel that, from our buying and selling desk perspective, we actually wish to see sort of one 12 months buying and selling historical past the place the market cap is type of nearish $1 billion and that it’s no less than buying and selling type of $100 million a day in quantity and that the sources of liquidity are dependable when it comes to the exchanges the place they’re buying and selling.”

The crypto trade nonetheless has its skeptics, nonetheless, together with billionaire Mark Cuban, who not too long ago in contrast crypto belongings to the dot-com bubble of the late 90s and early 00s.

ShareTweetShare

Related Posts

What offers Ether token its worth?
Crypto News

What offers Ether token its worth?

March 7, 2021
Decentralized finance often is the future, however training continues to be missing
Crypto News

Decentralized finance often is the future, however training continues to be missing

March 7, 2021
How DAFI Protocol Rewards Lengthy-Time period Token Holders and Helps Sustainable Challenge Development
Crypto News

How DAFI Protocol Rewards Lengthy-Time period Token Holders and Helps Sustainable Challenge Development

March 7, 2021
Ethereum Climbs above $1,600, Why ETH May Quickly Take a look at $1,720
Crypto News

Ethereum Climbs above $1,600, Why ETH May Quickly Take a look at $1,720

March 7, 2021
Why Bitcoin Value Might Begin Sturdy Improve Above $50K
Crypto News

Why Bitcoin Value Might Begin Sturdy Improve Above $50K

March 7, 2021
Fetch.ai (FET) hits a 2-year excessive after DeFi integration and Bosch partnership
Crypto News

Fetch.ai (FET) hits a 2-year excessive after DeFi integration and Bosch partnership

March 7, 2021

Most Read

No-loss lottery PoolTogether cracks 50 million in deposits after token airdrop

No-loss lottery PoolTogether cracks 50 million in deposits after token airdrop

February 20, 2021
Exmo crypto alternate suffers hack, halts all withdrawals

Exmo crypto alternate suffers hack, halts all withdrawals

December 21, 2020
JPMorgan Chase execs weigh in on stablecoin regulation, crypto competitors

JPMorgan Chase execs weigh in on stablecoin regulation, crypto competitors

January 16, 2021
XRP value beneficial properties 86% after Wall Road Bets’ crypto wing says 'pump it'

XRP value beneficial properties 86% after Wall Road Bets’ crypto wing says 'pump it'

January 31, 2021
Blockchain-based Gaming Platform Exceedme Publicizes Strategic Buyers And Companions

Blockchain-based Gaming Platform Exceedme Publicizes Strategic Buyers And Companions

December 27, 2020
Chainlink hits new highs, however is LINK about to drag one other 150% parabolic transfer?

Chainlink hits new highs, however is LINK about to drag one other 150% parabolic transfer?

February 10, 2021
  • Home
  • Crypto News
  • Offers
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA Notice
  • Contact

Copyright © 2020 CryptoCurrenciesNews | All Rights Reserved

No Result
View All Result
  • Home
  • Crypto News
  • Offers
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA Notice
  • Contact

Copyright © 2020 CryptoCurrenciesNews | All Rights Reserved

  • BTC

    (USD 50,808.35)

    3%
  • ETH

    (USD 1,671.51)

    128.42%
  • XRP

    (USD 0.46)

    0.0078%
  • BCH

    (USD 510.66)

    22.31%
  • EOS

    (USD 3.79)

    0.11337%
  • LTC

    (USD 187.71)

    8.86%
  • ADA

    (USD 1.13)

    0.025%
  • XLM

    (USD 0.41)

    0.0186%
  • MIOTA

    (USD 1.31)

    -0.01487%
  • NEO

    (USD 39.13)

    1.96372%
  • XMR

    (USD 207.86)

    7.02337%
  • DASH

    (USD 212.49)

    9.5403%
  • TRX

    (USD 0.05)

    0.00203%
  • XEM

    (USD 0.74)

    -0.00143%
  • USDT

    (USD 1.00)

    0.0001%
  • VEN

    (USD 8.04)

    0.6177%