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Institutional Investors Help To Promote A More stable And Less Volatile Crypto Market, Exec Says
Summary: Konstantin Anissimov, executive director of the international crypto exchange CEX.IO, published an article on Cointelegraph, stating that the impact of institutional investors on cryptocurrencies is neither a “destroying” to the market nor a power making Bitcoin "to the moon". Anissimov believes institutional investors will not "save" cryptocurrencies, but help them mature. As to the long-term development ...
Konstantin Anissimov, executive director of the international crypto exchange CEX.IO, published an article on Cointelegraph, stating that the impact of institutional investors on cryptocurrencies is neither a “destroying” to the market nor a power making Bitcoin "to the moon". Anissimov believes institutional investors will not "save" cryptocurrencies, but help them mature. As to the long-term development of Bitcoin, factors like the adoption rate, macroeconomic conditions have greater impacts than institutional investors.
Anissimov also mentioned that a more mature market means the potential profits of crypto will decrease, this is natural when a new market entering a stage of mass adoption, which will ultimately promote a more mature, stable, and less volatile crypto market.
By Mary Liu
Tags: Bitcoin,CEX.IO,Cryptocurency,Institutional Investor,Konstantin Anissimov
Link: Institutional Investors Help To Promote A More stable And Less Volatile Crypto Market, Exec Says [Copy]
