Crypto Update | Will the End of the Quarter Impact Crypto Markets?
MAR 27
Description Community
About

The latest price moves and insights with Helene Braun and Bret Kenwell, Equity and Options Analyst at eToro.

To get the show every day, follow the podcast here.

On "Markets Daily," Bret Kenwell, Equity and Options Analyst at eToro, joins Markets Daily to share insights on the impact of the end of the quarter on the crypto market and the increasing institutional allocation to Bitcoin. Helene and Bret discuss the potential for spot Bitcoin ETFs in different regions, including Hong Kong. Additionally, they explore the correlation between Bitcoin and the stock market and the potential for a Litecoin ETF.

Takeaways |

  • The end of the quarter can have an impact on the crypto market as investors reposition their portfolios for the next quarter.
  • Institutional allocation to Bitcoin is increasing, with some experts suggesting that even a 5% allocation from big institutions could lead to significant price increases.
  • The approval of spot Bitcoin ETFs in different regions, such as Hong Kong, can open up new opportunities for investors and drive higher demand for Bitcoin.
  • The correlation between Bitcoin and the stock market, particularly the NASDAQ, suggests that Bitcoin can act as a leading indicator for market movements.


LINKS | 

Dogecoin Futures Trading -- Coinbase Will Offer DOGE Derivatives | CCN.com

Coinbase secures CFTC approval to list Dogecoin futures 

Coinbase Is More Than Just a Crypto Exchange: JMP Securities 

Crypto Market Remains Focused on Spot Bitcoin ETF Flows Over Fundamentals: Coinbase

-

Consensus 2024 is where experts convene to discuss ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MD15. 

Register now at consensus.coindesk.com.

-

This episode was hosted by Helene Braun. “Markets Daily” is produced and edited by senior producer Michele Musso, and executive producer Jared Schwartz alongside Senior Booker, Melissa Montañez—all original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Comments