Mystery man? Encrypted currency games flood into traditional Wall Street forces

On May 29th, since April, the news that the Rothschild family invested in cryptocurrencies has spread.

On May 26th, the founder of Ethereum V God said in the Reddit forum, is the Rothschild family really as powerful as the legend? Maybe they are indeed a wealthy family, but all other mysterious legends are the result of excessive hype.

V God’s intuition is right, and most of the rumors about the Rothschild family are addictive. Due to the hype of inferior novels such as "Currency War," the name of the Rothschild family, like the Masonic, has become a mysterious term in the Chinese world. It seems that the whole world has been Some mysterious way to control in their hands.

Aside from the mystical delusions, in the real world, the Rothschild family is indeed a long-standing family investment fund. In the face of the wave of cryptocurrencies, the frivolous attitudes of Buffett, Bill Gates, Zuckerberg, and Ma Yun are different, and there are more and more signs that many traditional investment institutions, including the Rothschild family, Investment funds are investing in cryptocurrencies such as Bitcoin in a cautious and clear manner.

Old money in the financial world is being attracted to new games. Old money is actually the traditional Wall Street power, including the famous investment banks and investment institutions such as Goldman Sachs, Morgan, Soros, Rockefeller, and Rothschild.

A growing number of reports indicate that institutional investors are increasingly interested in a new round of interest in the bitcoin and cryptocurrency markets.

In January, business magazine Business Insider interviewed 12 analysts from banks such as Goldman Sachs, JPMorgan Chase, and UBS. Six of them thought Bitcoin had great potential, while six looked at the future of Bitcoin, and two thought Bitcoin is a bubble, and more and more investment analysts are beginning to look at the prospects of cryptocurrency.

Since the Chicago Mercantile Exchange CME launched Bitcoin futures in December last year, its contract trading volume has increased by more than 50%, and the trading volume has been growing steadily every month.

Goldman Sachs has confirmed that it is developing a cryptocurrency trading platform to allow its bank customers to invest in the bitcoin and cryptocurrency markets. Goldman Sachs executives said that although management is still skeptical about Bitcoin, the company decided to support the development of bitcoin transactions as customers' demand for Bitcoin continues to grow. Large investment banks like Goldman Sachs, if they enter the market, can provide a lot of liquidity to the market and introduce cryptocurrencies as a new asset class to investors in traditional financial sectors.

The transformation of George Soros’s attitude is also typical. He also publicly criticized bitcoin as a bubble at the Davos Forum in January this year. However, in April, the value of the $26 billion Soros family fund is being prepared for investment encryption. currency.

In the United States, the cryptocurrency trading platform has been in an underground state before, without the permission of the SEC, but the growth of its business volume has made the traditional exchanges unable to sit still. The Nasdaq exchange recently said it is considering becoming a cryptocurrency exchange, and the New York Stock Exchange's parent company, the Intercontinental Exchange Group, is rushing to launch a platform that allows investors to buy and sell bitcoin. The plan of the Intercontinental Exchange Group is a big step, and it is possible to push Bitcoin into the mainstream trading variety.

Concerned about regulatory and market shocks, institutional investors with large investment strategies, such as mutual funds and pension funds, have long avoided trading in bitcoin and other cryptocurrencies. But with the increase in regulation and investor protection, and the standardization of trading platforms, these institutional capitals are also showing interest in the cryptocurrency market.

Ari Paul, chief investment officer of hedge fund BlockTower Capital, recently said that for the first time in the history of bitcoin development, there has been an unprecedented interest in large institutions, and that participation in cryptocurrency investments is inevitable. Even if they don't believe in Bitcoin's philosophy—it's a healthy skepticism, as an asset class, they're smart enough to recognize the opportunities.

So far, the world of cryptocurrency represented by Bitcoin is still a highly speculative market. The fraud is popular, the chaos is frequent, the price fluctuates, some investors have no money, some investors have received huge profits, and “cutting the leek” has become An important feature of this market.

When the funds of Wall Street institutional investors began to flood in, the picture of the cryptocurrency world may have been different from then on. Regardless of the amount of funds, investment strategy and market research, the old money has their terrible influence. Of course, they are not good at the music. They enter the market in order to obtain investment income. In a certain sense, it can also be said to cut the leek. Or it may become a leek. However, the entry of the old money will remove some stigma in the field of cryptocurrency, which will bring about ecological improvement in the long run.

Fortunately or unfortunately, these old money once dominated Wall Street and became a profit-seeker of unfair financial order. Will they continue to be the rule leader in the decentralized cryptocurrency field?

For these doubts, V God's response is the most powerful: welcome these old money to participate in the cryptocurrency game, let us decide on the free market.

The above content is provided by WOSEN. WOSEN is a professional manufacturer and supplier of Led Flood Light, Led Street Light, Led Solar Light, etc. For more information, please visit https://www.wosenled.com/ or contact admin@wosenled.com or WhatsApp +86-13425434349