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Wall Street Adopting Bitcoin Will Lead Crypto Market to Surge: Brian Kelly
May 10, 2018
 

Brian Kelly, a prominent cryptocurrency trader, contributor to CNBC’s Fast Money, and founder of BKCM, stated on the May 9 Fast Money show that the adoption of bitcoin by Wall Street’s biggest financial institutions such as the New York Stock Exchange (NYSE) and Goldman Sachs will lead the cryptocurrency market to surge in the short- to mid-term.

Earlier this week, as CCN reported, NYSE’s parent company ICE Exchange has been developing and testing a bitcoin exchange to serve investors from the traditional finance sector. Various reports revealed that ICE Exchange is not launching a futures market like CME and CBOE, rather a proper bitcoin exchange on which investors can buy, sell, and store bitcoin directly.

Source: CCN (https://www.ccn.com/wall-street-adopting-bitcoin-will-lead-crypto-market-to-surge-brian-kelly/)

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