Former Circle Exec Joins Royal Bank Of Scotland To Front Fintech Project

10m
cryptodaily

Facebook’s Calibra Digital Wallet Will Not Be Available in Its Largest Markets

30m
cryptonewmedia

Italy will Use Blockchain and Fintech for Interbank Checks

34m
coinidol

PoPermissionless Blockchain Network Algorand Raises $60M in Token Auction

36m
cryptonewmedia

‘We Don’t Deal in the Speculative’

38m
cryptonewmedia

Russian Hackers May Be Responsible for Coincheck Heist

39m
cryptonewmedia

Crypto Market Showing Positive Signs: Bitcoin Cash, EOS, TRX, ADA Analysis

40m
cryptonewmedia

Tyler Winklevoss: “If Bitcoin Breaks 10k, You Can Bet It’s Going To Break 15k”

40m
cryptodaily

QuadrigaCX Update: ‘Dead’ CEO Cotten Embezzled Funds For...

1h
bitcoinist

IBM Launches Upgrade of their Blockchain Platform

1h
coinidol

Japanese Agency Claims 170% Increase in Crypto-related Inquiries in 2018

1h
bitcoinnews

Why Should I Buy Stablecoins?

1h
cryptodaily

Bitcoin in the Chop But Steady Amid Libra Chaos: Long Term Price Analysis

1h
cryptoglobe

Beaxy Launches Crypto Trading Platform By Diana Ngo - June 11, 2019 0 121

2h
coinjournal

Senate Banking Hearing on Facebook’s Libra; 0.25% of Algorand Tokens Sell for $60 Million

2h
cryptoglobe

Bitcoin Price Storms 151% YTD as Facebook’s Libra Boosts 2019 Rally

2h
cryptonewmedia

Facebook’s Calibra Digital Wallet Will Not Be Available in Its Largest…

2h
cryptonewmedia

Bitcoin Unfazed by Facebook, Why Further Gains Are Likely

2h
cryptonewmedia

Traditional finance is failing millennials. Here’s how investing needs to change

2h
weforum

MIT’s ‘Fiat Cryptography’ System Automates the Process of Securing Almost Anything

2h
coindesk

Debt-Plagued Millennial Parents Are Starting To Save For College Earlier

2h
bitcoinwarrior

EOS Price Analysis: Bulls Protecting Key Support, More Gains Likely

2h
livebitcoinnews

Bitcoin (BTC) Bulls Are Still In Control

3h
cryptodaily

HyperCash’s (HC) 15.2% Gain Pushes CD Mid-Cap Index Higher

3h
cryptodaily

Big Four Australian Bank Fears Facebook’s Crypto Libra

3h
cryptonewmedia


Crypto Confidence Rising As BTC Surpassed $8k

cryptodaily

1mon ago

Despite Bitcoin being all over the place this past week, a lot of wealthy investors haven’t lost their faith in crypto or the space and they actually intend to stake a lot more money into the market over the next three years according to a survey.

Two of three millionaire investors have already got a cryptocurrency or they plan to get ahold of one before 2023.

This confirmation came from more than 700 investors across thirteen nations with £1 million or more available to invest.

Founder and CEO of one of the leading financial advice firms deVere Group, Nigel Green said:

“The research shows that wealthy individuals are increasingly seeking exposure to cryptocurrencies.”

He continues:

“There is a growing, universal acceptance that cryptocurrencies are the future of money – and the future is now.  High net worth individuals are not prepared to miss out on this and are rebalancing their investment portfolios towards these digital assets.”

Aside from FOMO for a bumper investment return, Green believes that there are five key factors that are powering high-net-worth individuals to take a stake in cryptocurrencies.

Green said:

“Cryptocurrencies are borderless, making them perfectly suited to an ever globalised world of commerce, trade, and people. They are digital, making them perfectly suited for the increasing digitalization of our world, which is often called the fourth industrial revolution.”

He goes onto say:

“They provide solutions for real-life issues, including making international remittances more efficient, and help bank the world’s estimated two billion ‘unbanked’ population.”

Institutional confidence

Green said:

“Demographics are on the side of cryptocurrencies as younger people are more likely to embrace them than older generations.

And institutional investors are coming off the side lines and moving into cryptocurrencies, bringing their institutional capital and institutional expertise to the crypto market.”

The optimistic outlook from the deVere CEO came at a time when Bitcoin had breached the $8k key resistance level before it slowly sunk back in the $7k arena.

There is more confidence now that Bitcoin has passed $8k as Green says:

“Once this confidence is in place, the sky is the limit for cryptocurrencies, which are increasingly accepted by both retail and institutional investors as the future of money.”

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments