The addition of 3 new assets on Gemini and being licensed by the New York Department of Financial Services (NYDFS) shows Gemini is making a wider spectrum of crypto available to institutional investors, also they offer custody of the institutions investments which has been a big concern for many.
https://www.forbes.com/sites/michaeldelcastillo/2018/05/14/winklevoss-brothers-bitcoin-exchange-adds-zcash/#54449efc6b98Today another news article was released in regards to coinbase offering 4 new services that will include a custody service for institutional investors.
https://www.cnbc.com/2018/05/15/coinbase-bets-big-on-institutional-investors.htmlI don't think its a coincidence that both of these big name crypto exchanges are pin pointing their target market to attract institutional clients, it really does show that there is interest from big money investors. If ONLY retail money can push BTC to 20k, then what will institutional money do? Does that 45k-100k target seem so unlikely?
We will see what happens for the rest of 2018 but I think we could be in for some fireworks.