Nasdaq embraced crypto as the relationship between them increased dramatically since the CNBC Africa’s Crypto Trader will be broadcasted from the Nasdaq studio. The host of the show, Ran NeuNer tweeted that the new season will start on May 9 from the Times Square and we are about to read more in the coming altcoin news below.
The studio could be visible to thousands of people passing by on the street. Nasdaq embraced crypto in the heart of Manhattan at the most important time for the industry and will surely gather some attraction. Ran and the show will have the best-view seat just at the right time when the Bitcoin price surpassed the $5,700 point and crypto is about to get more interesting.
The timing as well is not a coincidence. The Bitcoin bulls are now swamping the market and institutional investors are getting deep into the crypto waters. Fidelity, for example, posted a survey which we had in our latest cryptocurrency news that shows how institutional investor’ crypto allocations are about to rise over the next ten years which could lead to mainstream adoption.
Fidelity also spoke to many hedge funds, family offices and pension funds and much more. They found out that about 20 percent of the institutional investors already have exposure to digital assets since 2016. Half of them ‘’view digital assets as having a place in their investment portfolios.’’
The move that Nasdaq embraced crypto is not a surprise. The company has been a strong supporter for the crypto industry and it has even launched a new XRP Liquid Index. Also, the company is showing the support for bitcoin trading via the TD Ameritrade. The CNBC’s crypto trader arriving in New York is also in correlation with the recent Bitcoin commercial released by Greyscale investment. The ad mocks gold and treats bitcoin as the future of features such as security and anonymity.
When Nasdaq embraced crypto, traders and big investors have a chance to discuss the stock market and could increase the chances for both of the markets to collaborate and to catapult bitcoin into the mainstream adoption.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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