Crypto invades Nasdaq as institutional adoption progresses



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By NCC: The Nasdaq has shown a growing affinity for Bitcoin. This relationship has gone to the next level, knowing that CNBC Africa's Crypto Trader will start broadcasting from the Nasdaq studio. Ran NeuNer, the host of the show, tweeted that the next season would begin in Times Square on May 9th. The Nasdaq studio is at the heart of the action and could be visible to tons of people from work, not to mention tourists. It propels crypto to the heart of Manhattan at a pivotal time for the industry and will not fail to turn heads.

Ran and his show will now have a seat in the forefront of this evolution, in the world media. With a price in bitcoins of over $ 5,700, crypto is about to take off.

The timing of the move is certainly not a coincidence. Bitcoin bulls are back and institutional investors are now beginning to dive into the secret waters. Fidelity has released a survey revealing that the cryptographic allocations of institutional investors are about to increase over the next five years, which could open the door to widespread adoption.

GREAT NEWS!!!

I have been working for more than a year on the transfer of CNBC Cryptotrader to NEW YORK.

This Thursday, we are launching our new CNBC studio season at NASDAQ MARKET SITE at NEW YORK CITY !!! pic.twitter.com/zCdMvxwkhj

– Ran NeuNer (@cryptomanran) May 3, 2019

Fidelity has spoken to hundreds of hedge funds, pension funds, family offices, etc. They found that more than 20% of institutional investors already had "some exposure to digital badets," spread since 2016. Nearly half of them "consider that digital badets hold a place in their investment portfolios." 39; investment. "

loyalty

Pension funds and hedge funds define the role of bitcoin in their portfolios. | Source: Fidelity digital badets on media

Bitcoin becomes famous

The arrival of CNBC's Crypto Trader in New York also coincides with the recent commercial advertising of bitcoins published by Grayscale Investments. The campaign, titled "Drop Gold", takes place on the streets of Manhattan. Advertising does not care about gold as an expensive investment, instead it presents Bitcoin as the future of features like security, borders and its usefulness.

I must like this video about the barbaric relic of @GrayscaleInvest! Learn more at https://t.co/yEnX7Hmlbf $ BTC #Bitcoin https://t.co/WKZbKWibBc

– Brian Kelly (@BKBrianKelly) May 1, 2019

Anecdotal evidence also suggests that institutional investments in bitcoin are on the rise. Bakkt, the regulated bitcoin futures market of parent company ICE (NYSE), will be launched shortly. The stock exchange is headquartered in Atlanta and is expected to attract institutional capital.

Meanwhile, Nasdaq is no stranger to crypto. They have recently launched a new XRP Liquid Index. In addition, a trader on Twitter has suggested that the Nasdaq already supports bitcoin trading via TD Ameritrade.

BREAKING: BTC is now traded on the Nasdaq! I bought a BTC via my TDAmeritrade account! According to the chart, trading started on April 10, 2019! Other digital badets will soon follow !! ??? pic.twitter.com/1VgE1Whoa4

– Cryptopolis (@cryptopolis_x) April 22, 2019

In the heart of Manhattan, Ran NeuNer and Crypto Trader will apparently share a studio with other programs from CNBC. This means that traders and big investors in the stock market could also serve as guests for the Ran show. This creates an opportunity for both markets to collaborate and share information and guests, which will help propel Bitapoin into the limelight.

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