China has been a central player in the development of bitcoin in recent years, but Beijing has spent the last six months cracking down on the cryptocurrency industry — shutting down local exchanges and banning initial coin offerings.
Up Next in Markets
For large-scale investment firms, institutions, and retail traders, the global cryptocurrency market has insufficient liquidity to process multi-million dollar buy and sell orders. Major digital asset trading platforms could liquidate large orders but it may have a large impact on the short-term price movement of cryptocurrencies.
Big Institutional Investors are Buying Large Amounts of Bitcoin in OTC Market
Bobby Cho has stated that a growing number of high net-worth individuals and institutional investors are accumulating Bitcoin (BTC) through the OTC market.
NewsBTC - Joseph Young
Our team of over 50 analysts have 6 years of experience on average in companies including hedge funds, large investment banks, major consulting groups, and venture funds. Two years of analyzing the ICO market combined with this diverse set of skills and experience has enabled us to develop a unique multidisciplinary approach. We’ve evaluated over 300 ICO projects for both private and institutional clients since we started doing business in September 2016. - ICORating
ICO Market Research Q1 - 2018
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