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But where are the institutions.
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Expert crypto traders | Article Sources. Best Travel Credit Cards. Enthusiasts called it a victory for crypto; however, crypto exchanges are regulated by the SEC, as are coin offerings or sales to institutional investors. Once bitcoins were purchased, it put into motion the blockchain technology. And as firms like Fidelity, Morgan Stanley, Goldman Sachs, JP Morgan and BlackRock have announced or expanded their digital asset efforts in recent months, this growth in institutional interest makes it likelier that a round of big institutional money will be entering the cryptocurrency space in the months to come. |
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What gives cryptocurrency its value?To their proponents, cryptocurrencies are a democratizing force, wresting the power of money creation and control from central banks and Wall Street. Like all forms of currency, Bitcoin is given value by its users, supply and demand. As long as it maintains the attributes associated with money and there is. Cryptocurrencies are digital tokens. They are a type of digital currency that allows people to make payments directly to each other through an online system.
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