Wall Street Turns Ultra-Bullish on Ethereum as Institutional Demand Rises and...
Ethereum (ETH) is entering a phase that analysts say resembles the early stages of its strongest market cycles, driven by institutional accumulation, shrinking exchange supply, and new proposals aimed at stabilizing the network’s economics. Related Reading: ‘Something Big’ Is Coming For XRP, Says Toroso Investments Portfolio Manager As large investors deepen their presence and developers […]
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Investment management firm VanEck’s CEO, Jan van Eck, said on Fox Business yesterday that Ethereum (ETH) is very much “the Wall Street token.” His comments come as ETH hovers near a potential new all-time high (ATH), drawing renewed attention from both retail and institutional investors. Ethereum Essential For Stablecoin Transfers In a recent interview with […]
Ripple’s $XRP just hit $3, edging closer to its $3.60 ATH. A notable driver? The 98% likelihood of US ETF approval, boosting expectations of heightened institutional demand. On the back of this, another altcoin is turning heads. It’s dubbed Wall Street Pepe ($WEPE), and it recently expanded from Ethereum to Solana ahead of new exchange […]
Bill Miller, a prominent Wall Street investor who runs Miller Value Partners, says that he remains bullish on the cryptocurrency. When asked about Bitcoin on CNBC, the investor pinned his bullish sentiment to a simple thing: supply and demand. Miller elaborated that with fundamental trends aligning in favor of Bitcoin’s growth, institutions will own the asset. Bill Miller Is Extremely Bullish on Bitcoin: CNBC Interview Far from all Wall Street investors and firms are not […]
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” a State Street executive said. State Street on Institutional Demand for Crypto State Street, a leading investment management firm, sees unwaning institutional demand for cryptocurrency despite market sell-offs, the Sydney Morning Herald reported Monday. Irfan Ahmad, State Street Digital’s product lead for the Asia-Pacific region, said the banking giant’s....
XRP achieves yet another milestone with its recent approval of derivative contracts particularly designed for institutional investors on the San Francisco-based cryptocurrency exchange Coinbase. XRP Milestone Could Spark A Bullish Run Due to XRP’s recent milestone, Wall Street expert Linda Jones believes that the token is very bullish following the increase in interest from institutional investors toward the XRP market. Linda Jones took to her official X (formerly Twitter) handle to express her viewpoint on XRP’s future. She noted that XRP will probably experience a bullish trend....