With Bitcoin options in place institutional investors will move crypto markets

in #busy7 years ago

Now with the presence of Bitcoin futures launch on CME, the institutional players are likely to see the action. Unlike the stock market, which is seeing its eight-year bull run due to the involvement of institutional investors. In the current scenario, though the crypto-markets are dominated by individual investors the metric is likely to change soon.
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Crypto-exchanges, which are havens for individual investors, are overwhelmed. Popular crypto-exchange, Binance recently revealed that they added 250,000 new users in a single day. Kraken is onboarding 50,000 new accounts daily and they are logging an astonishing 10,000 new support tickets every day.