Blocktoq

    Will Bitcoin protect your savings from inflation?

    18 November 2021

    How to create nft art?

    12 November 2021

    USA – the top destination for bitcoin miners. Why China gave away the title?

    11 November 2021
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    Blocktoq
    • Crypto News
    • Explained
    • Reviews
    • After Hours
    • Market Tools
    • Igaming
    • English
      • Polish
      • Russian
    0 Shopping Cart
    Blocktoq
    Blocktoq»Crypto News»Only 1% from institutional investors can bring BTC to $50,000
    Crypto News

    Only 1% from institutional investors can bring BTC to $50,000

    KonradBy Konrad24 June 2020Updated:12 March 2021No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Institutional investors can make Bitcoin go up to $50
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Analytical firm Messari has estimated that Bitcoin could go as high as $50,000 if the institutions put even a small percentage of their money in BTC.

    In short:

    • Messari forecasts
    • Bitcoin market capitalisation 
    • BTC price stagnation
    • Institutions are important in the crypto game 

    Messari forecasts

    Ryan Watkins of Messari predicts that if the institutions allocate only 1% of their total resources to Bitcoin, market capitalisation could rise to over $1 billion.

    Messari research on Bitcoin uptrend due to institutional investors

    Watkins’ research was aimed at calculating the impact of institutional investors on the price of Bitcoin, based on the example of the actions of the famous American billionaire hedge fund manager Paul Tudor Jones to invest a low percentage in BTC.

    Bitcoin market capitalisation 

    Messari analysts believe that only a small percentage of allocations from grants, foundations, state assets and pension funds at BTC will bring about $480 billion of new money to the Bitcoin market.

    More than 1 billion dollar market capitalization BTC

    Watkins estimates that a total of 1% of Bitcoin’s institutional allocations can easily increase Bitcoin’s market capitalization above $1 billion (more than $50,000 for 1 BTC). The analysis predicts an inflow of capital worth hundreds of billions of dollars to the crypto market. He added that the money injection could be multiplied by 2 to even 25 times.

    Depending on your assumptions, an aggregate 1% institutional allocation to Bitcoin can easily bring Bitcoin’s marketcap above $1 trillion, or over $50,000 per BTC pic.twitter.com/8vogmvevWf

    — Ryan Watkins (@RyanWatkins_) June 23, 2020

    BTC price stagnation

    The cryptocurrency repeatedly tried to overcome the technical resistance of 10,000 to 10,500 dollars but failed to achieve this attitude multiple times.

    The limited growth of the Bitcoin has shown that few investors want to get exposure to the Bitcoin market. This is despite growing optimism about the potential role of Bitcoins in the context of the ongoing economic crisis.

    Watkins noted that institutions usually invest on behalf of their clients. They, therefore, have a “fiduciary duty” to invest in assets that yield decent returns, but with lower risk. On the other hand, Bitcoin remains an asset surrounded by red flags related to regulatory uncertainty or immaturity of infrastructure.

    Institutions are important in the crypto game 

    Although Ryan believes that Bitcoin may not have an institution at all to climb to new heights, he stresses that if leading crypto is to become accepted worldwide as a non-state value storehouse, institutional investors must invest at least a small portion of their wealth in these unique assets.

    The researcher predicts that hedge funds will introduce an institutional fee in cryptography, in which case users of such funds will be able to place their resources in decentralised digital currencies and at the same time contribute to their growth.

    Bullish Bitcoin Scenario

    Ryan Radloff, the CEO of the Kingdom Trust, predicts that the US$28 billion US pension industry will become the first player as consumers demand to be able to allocate their digital content to pension portfolios. 

    Others in the industry predict that institutions will come into play due to the increasingly sophisticated and friendly regulation of investment in the cryptographic industry. 

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleМожет ли Биткойн превысить порог в 10 000 долларов только благодаря PayPal?
    Next Article From now on, you can buy Bitcoins in Australia at the post office
    Konrad

      Start with crypto today

      Leave A Reply Cancel Reply

      Search

      Will Bitcoin protect your savings from inflation?

      By Blocktoq Team18 November 20210

      Recently, a record increase in inflation has been recorded – both in Poland and in the USA. In Poland, inflation is close to 7%, in the USA it is 6.2%.

      How to create nft art?

      12 November 2021

      USA – the top destination for bitcoin miners. Why China gave away the title?

      11 November 2021

      Solana, the man(ETH)er

      3 November 2021

      Address: Blocktoq LTD, Kemp House 160 City Road, EC1V 2NX, London
      Email: [email protected]

      Facebook Twitter Instagram
      About us
      • Who we are
      • Submit press release
      • Advertise
      • Privacy Policy
      • Contact us
      • Shop
      • Cart
      Categories
      • After Hours
      • Crypto News
      • Crypto Projects
      • Explained
      • Finance
      • Igaming
      • Market Tools
      • Press Releases
      • Reviews
      Design by Blocktoq - Let's talk about Crypto! © 2022 Blocktoq All Right Reserved

      Type above and press Enter to search. Press Esc to cancel.