Crypto
Coinshares: Institutional Crypto Adoption: Three Factors To Watch October 8, 2021
October 2021 - Crypto
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On the 5th of October bitcoin broke back through the key mark of $50,000. Many have been speculating whether the recent technical analysis suggests it is setting up to push past the previous all-time-high of US$64,000.
What we consider to be more important is that there are a number of material factors in the digital asset industry that have not co-existed till now. Together these lead us to the question of whether we may be on the cusp of institutional adoption.
We analyze and explain three of these factors below ...
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