As the cryptocurrency market capitalization continues to grow, more institutional investors and fund managers are turning to digital assets for their client funds. Bitwise surveyed nearly 1,000 financial advisors. There was a near 50% increase in the number of advisors allocating crypto in 2020. Mark Cuban once said he prefers bananas to Bitcoin is now tossing around crypto terms on social media like an experienced HODLer. In Twitter threads that were likely precipitated by his recent comments comparing crypto to the Internet stock bubble of the late 1990s, Mark Cuban interacted with several high profile crypto figures including Gemini co-founder Tyler Winklevoss, Gokhshtein Media founder David Gokhshtein, Tron CEO Justin Sun, and others. Coindesk put together their list of highly probable targets as prices for Bitcoin and Ether retreat from their recent highs, the strong performance of other cryptocurrencies indicate traders and investors may now be turning to alternative coins (altcoins) for potential high returns. You can find these stories and others at the link below:
Newsletter #143
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