Cryptocurrency Market Review, Players
1. SPECULATION How to Invest in Cryptocurrency
ETFs for Bitcoin
KEY: Brokers following Bitcoin and Crypto
Robinhood - Partial and Commission free order flow
Fidelity Digital Assets
CME Group - 5 bitcoin/trade - pretty heavy
2. EARLY CORPORATE treasuries, IIs
Acceptance by Institutional Investors
2021 Bitcoin is getting accepted by institutional investors
Canaccord recently pointed out a laundry list of recent institutional and other noteworthy cryptocurrency events.
Tyrone Ross, CEO, a digital platform allowing financial advisors to provide clients with access to cryptocurrencies.
Galaxy Digital announced the acquisition of two companies as it builds out a platform for institutional access to digital assets, Nov. 14, 2020.
3. USE Payments, Exchanges Companies
Trends and Traders
Paypal wallet stores Bitcoin
- PayPal are making digital currencies such as Bitcoin more accessible to people.
Acceptance by Credit Card, Payments Vendors
- Osprey Bitcoin Trust. Greg King, CEO of Osprey Funds "It came in through individual acceptance, a grassroots type of thing."
Marqeta - links POS to CoinBase
4. BIG BANKS, CENTRAL BANKERS Regulate or LOSE CONTROL
JPM Coin - has strong influence in Biden
Oct 27, 2020 JPMorgan Chase sends its "JPM Coin" digital currency live and forms an Onyx division to focus on the blockchain.