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Wall Street Demand For Crypto Rises as Exchange Activity Thrives in Bear Market

From newsbtc.com

The interest of Wall Street firms towards opportunities in crypto custody and asset management has continued to increase despite the 80 percent correction the market experienced in 2018. Sanford C. Bernstein & Co. analysts refuted recent reports about the struggle of cryptocurrency exchanges and stated that digital asset trading platforms have been recording solid volumes, generating large revenues. The analysts added that the strong performance of cryptocurrency trading platforms in a bear market or a downtrend led the demand for crypto from Wall Street firms to increase. “As the crypto-asset class seasons and ... (full story)

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  • Category: Fundamental Analysis