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JPMorgan will reportedly give retail wealth clients access to crypto funds
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Web3 0 Index Fund Is Expected to Settle in Asia Compliantly, Is Hong
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14 May 2021, 10:05 pm
(Photo : Screenshot From Pexels Official Website) 21 Cryptocurrency Whales Cash in On Around 10K to 100K Bitcoins!
Whales move the market. The price of bitcoin has definitely seen some better days. The coin s value had hit a good $59,600 just four days ago until the exchange rate saw the coin go down to as low as $45,700 a coin on May 12. There have reportedly been talks about cryptocurrency whales selling their coins and data reveals that there have been some large wallet inflows.
Crypto Whales on the Move
Onchain data, however, shows that the whales are now either dispersing funds into a number of wallets or bitcoin is now being distributed more evenly to other smaller fish. While the cryptocurrency market finally hits the tough weekend, speculators and traders are all wondering what exactly will happen next with the volatile price changes.
Crypto Mom Believes Market Has Grown, Remains Coy on Bitcoin ETF Approval
Last Updated: 12 April 2021
The cryptocurrency market has been described as matured by Hester Peirce, a Commissioner for the US Securities and Exchange Commission (SEC), otherwise known as Crypto Mom.
Peirce remarked during an interview with a correspondent of Bitcoin.org.
Cryptocurrency Market Has Greatly Matured
Peirce’s assertion was not unconnected to the emerging interest of institutional investors in digital assets.
She explained that the growing trend of large institutions in the mainstream financial industry picking interest in Bitcoin is an indication that the market has matured.
It would be recalled that several institutional investors like Tesla, Goldman Sach, and others have made bets on Bitcoin.