Alex Laughton-Scott is Associate Director and James Butterfill is Investment Strategist at major European digital asset investment firm CoinShares.
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On the 5th of October bitcoin (BTC) broke back through the key mark of USD 50,000. Many have been speculating whether the recent technical analysis suggests it is setting up to push past the previous all-time-high of USD 64,000.What we consider to be more important is that there are a number of material factors in the digital asset industry that have not co-existed till now. Together these lead us to the question of whether we may be on the cusp of institutional adoption.
We analyze and explain three of these factors below:
Following the latest ban by China on the 24th of September, the world
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