Bitcoin, Ethereum, & Ripple bottoming out? Goldman Sachs and JP Morgan may have been waiting for such prices to jump in

[kenrino]

https://www.fxstreet.com/cryptocurrencies/news/bitcoin-ethereum-ripple-bottoming-out-goldman-sachs-and-jp-morgan-may-have-been-waiting-for-such-prices-to-jump-in-201805251455

 

[perebass]

This is exactly what i think, big investment would come only at very cheap price !

[Guest]

Quote

Goldman Sachs, JP Morgan, and other big institutional players are readying for entering the crypto markets.

i keep hearing/reading things like this -- and institutional money WILL come for sure -- but i really dont think they're poised and about to jump in, since all the custody solutions we're seeing are really just coming out now or "soon" and even then will take time to get set up properly and prove themselves to clients etc -- still seems a little early so i dont think big players are going to rescue us from the current predicament unfortunately!

[Guest]

hmm, maybe i could be swayed... here's a list i compiled with the help of google, for known or potential/possible institutional custody solutions:

• bitgo (kingdom?)
• coinbase custody
• nomura bank
• sygnia group
• madison trust
• gemini? (winkletwins)
• itbit
• seedcx
• segregated custody
• silo
• capo
• ledger???
• deutsche boerse AG???

anyone know if any/which of these are up and running and if they truly are "industrial grade" or just consumer/hardware/wallet focused?

Quote

"Over 100 hedge funds have been created in the past year exclusively to trade digital currency. By some estimates there is $10B of institutional money waiting on the sidelines to invest in digital currency today..."

— Brian Armstrong, Coinbase CEO

update -- bitgo are building their own solution, hot off the presses:

Quote

Four months after announcing it would acquire the asset custodian Kingdom Trust, blockchain security firm BitGo has decided instead it would just build its own.

The startup said Thursday that it was "seeking a charter to build BitGo Trust," a "new, regulated, qualified custodian" that will be built specifically for digital assets

https://www.coindesk.com/bitgo-is-building-its-own-digital-asset-custodian/

 

Edited May 25, 2018 by Guest

[kenrino]

I didn't search but last week I remember I read about ledger:

https://www.ledger.fr/2018/05/15/ledger-opens-ledger-vault-early-access-program/

Genesis Trading support XRP (OTC) for institutional buyers / sellers

Edited May 25, 2018 by kenrino

[xrphilosophy]

There's also Caspian. 

https://paymentweek.com/2018-5-24-caspian-partners-bitmex-bitcoins-advanced-trading-platform/

and Blockchain Terminal

https://www.cryptocompare.com/coins/guides/blockchain-terminal-institutional-grade-cryptocurrency-platform/

 

[Lamberth]

4 minutes ago, xrphilosophy said:

There's also Caspian. 

https://paymentweek.com/2018-5-24-caspian-partners-bitmex-bitcoins-advanced-trading-platform/

and Blockchain Terminal

https://www.cryptocompare.com/coins/guides/blockchain-terminal-institutional-grade-cryptocurrency-platform/

 

«BitMEX offers 100x leveraged trading of Bitcoin, Bitcoin futures, and swaps, along with altcoin futures for Ethereum, Litecoin, Bitcoin Cash, and Ripple» - 100x leverage, this is insane

[Mikhail_Liebenstein]

2 minutes ago, Lamberth said:

«BitMEX offers 100x leveraged trading of Bitcoin, Bitcoin futures, and swaps, along with altcoin futures for Ethereum, Litecoin, Bitcoin Cash, and Ripple» - 100x leverage, this is insane

What could possibly go wrong?

[princesultan]

Another junk article (and I didn't even read it, all I need to do is look at the URL to know). Crypto journalism is exceptionally bad. 

[Guest]

25 minutes ago, Lamberth said:

«BitMEX offers 100x leveraged trading of Bitcoin, Bitcoin futures, and swaps, along with altcoin futures for Ethereum, Litecoin, Bitcoin Cash, and Ripple» - 100x leverage, this is insane

 

23 minutes ago, Mikhail_Liebenstein said:

What could possibly go wrong?

yep...

https://twitter.com/BitmexRekt

[xrphilosophy]

1 hour ago, princesultan said:

Another junk article (and I didn't even read it, all I need to do is look at the URL to know). Crypto journalism is exceptionally bad. 

Caspian is real though, whether great journalism or not.