Sentences with phrase «traditional finance sector»

Over the past few months, the demand for Bitcoin from the South Korean traditional finance sector has grown at a rapid pace, with institutional investors, casual traders, and individual investors rushing to invest in the cryptocurrency market.

In early 2017, the integration of bitcoin futures could have required marketing to a certain extent to attract investors within the traditional finance sector.

Through that, investors in the traditional finance sector and stock brokerages will be able to engage in bitcoin trading.

While analysts such as cryptocurrency fund Autonomous Partners founder and managing director Arianna Simpson believe that the price of Ripple will not increase further at this value, many still predict the market valuation of Ripple to be sustained due to the increasing awareness of the blockchain network from Wall Street and investors in the traditional finance sector.

The entrance of large - scale banks and financial institutions such as JPMorgan, Goldman Sachs, Fidelity Investments, CME, CBOE, Shinhan, and Man Group have further triggered the demand for bitcoin from both the traditional finance sector and general consumers.

Over the past 12 months, bitcoin has shown strong resilience against the criticism and baseless condemnation from the traditional finance sector.

The emergence of LedgerX, bitcoin exchange - traded funds (ETFs), and bitcoin exchange - traded notes (ETNs) and will likely further trigger the interest from investors in the traditional finance sector, which should be considered as an optimistic indicator for long - term growth of bitcoin.

For many weeks, the majority of South Korean investors in both the traditional finance sector and cryptocurrency market have been outraged by insider trading initiated by government officials working for the South Korea Financial Services Commission.

Marking the successful test of its proof - of - technology as a starting point, ICAP aims to use and distribute its proof - of - technology to maximize its potential in the traditional finance sector.

Given that Coinbase has evolved into a $ 1.6 bln startup within the past 12 months, companies in the traditional finance sector have begun to consider integrating Bitcoin and offering infrastructure around the cryptocurrency.

Upon the launch of CME Group's bitcoin futures exchange, Gemini and the Winklevoss twins vowed to continue building a robust infrastructure to address the growing demand from investors in the traditional finance sector for bitcoin.

Schultz declined to comment on his pessimistic stance towards bitcoin but based from his comments, it is likely that he is concerned with the congestion of the Bitcoin network and its fees, like Stripe and other companies in the traditional finance sector.

Bitcoin, Bitcoin Cash, and Ethereum have drastically outperformed all of the currencies and assets in the traditional finance sector year - to - date.

The month - long process of acquiring a bitcoin exchange account and the steps in transferring funds stored in exchanges to a personal bitcoin wallet can be difficult for new investors, especially those that have been in the traditional finance sector for the majority of the careers.

In South Korea, especially within the traditional finance sector, once the demand for a particular asset reaches a certain threshold, the entire sector seeks to acquire the asset, following the trend.

Decentralized applications such as CryptoKitties have begun to demonstrate the potential of the Ethereum network in processing peer - to - peer digital asset trading, which can be utilized in the traditional finance sector to seamlessly exchange assets, commodities, and currencies in a decentralized manner.