Call 800 665 0411 to learn about our services

Crypto Corner: Institutional Investors May Be Buying While Prices Are Low, Nasdaq to Move Ahead with #Bitcoin Futures Next Year and #Binance Renames USDT Market to Stablecoin Market

November 27th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch

Point Roberts, WA and Delta, BC - November 26, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.'s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring you today's edition of the Crypto Corner podcast and commentary on what's driving the cryptocurrency market.

Listen to today's Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2018/112718-CryptoMarket.mp3

Crypto Corner: Institutional Investors May Be Buying While Prices Are Low, Nasdaq to Move Ahead with #Bitcoin Futures Next Year

Get the Crypto Corner Podcast on iTunes

Subscribe to Podcast RSS feed:

https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xml

Crypto Corner

Market Still Searching for a Bottom, Institutional Investors May Be Buying While Prices Are Low, Nasdaq to Move Ahead with Bitcoin Futures Next Year and Binance Renames USDT Market to Stablecoin Market

According to data from CoinMarketCap, total market capitalization is sitting at $120 billion USD, at press time. Once again, most of the top 100 coins listed by market cap are in the red, with Bitcoin (BTC) trading at $3700 USD - just about its lowest in a bit over a year.

Mati Greenspan, Senior Market Analyst at eToro, speculates that institutional investors may be buying while crypto prices are low.

"…there's been a lot of chatter lately about how institutional investors may be using this dip in crypto prices as an opportunity to buy in cheap. Of course, it would be very difficult to prove but this theory really rings true for me.

If Bitcoin was worth $20,000 in December how are so many analysts bearish at $3,700? Especially as there have been no fundamental changes to the landscape in that time.

The question then comes, if large players are accumulating, why are prices dropping?

For experts in the market, it's actually much easier than it might seem to be on the buy side without affecting prices. As I stated before, this is a buyers market."

"In any case, increased volumes over the last two weeks in the bitcoin future on the CBOE and CME exchanges suggest that the futures market on Wall Street are participating in the volatility.

Still, the volumes in the futures contracts are still only a fraction of the market. However, on November 20th they peaked at 87,278 BTC, which is about 8% of the volumes recorded on the crypto exchanges.

All this really tells us is that they're trading more when prices are moving and we've seen that before. Whether they're secretly accumulating through OTC deals and using the futures to hedge remains to be seen."

On the subject of futures, Bloomberg reports that Nasdaq is going forward with plans to list Bitcoin futures, according to "two people familiar with the matter". The sources said that Nasdaq has been working to ensure compliance with the Commodity Futures Trading Commission and that they are aiming to trade in the first quarter of 2019.

Crypto exchange giant Binance has announced a renaming of its Tether (USDT) Market to a combined Stablecoin Market (USDⓈ). This will allow Binance to list more stablecoin trading pairs, which it will announce at a later date.

Sam Mowers, Investorideas

Read other editions of the Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News

Crypto Corner Sponsors:

Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (<NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations. https://www.fliptopay.com/

Order Flip

Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)

@GenesisBlockch

GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange. You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io

More info on the sector:

Investor Ideas is positioning as a leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

Talk about the sector with other companies and investors- Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073

About Investorideas.com - News that Inspires Big Investing Ideas About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and IoT, mining ,sports biotech, water, renewable energy and more. Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: this newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Learn more about sponsoring the crypto corner and other branded content

Learn more about our news, PR and social media services at Investorideas.com

https://www.investorideas.com/Investors/Services.asp

Contact Investorideas.com

800-665-0411

Tweets by @InvestorIdeas