I read an article in October 2018 that the Nasdaq is going to launch the bitcoin exchange, is it really possible?
If Nasdaq really opens the bitcoin exchange, how much do you expect the price of bitcoin to rise this year?
To be honest, I have not heard such news. And I think if it is true that the price of bitcoin could rise, because of the demand from traders on this platform. However, I can say that a large Bank in America Goldam Sachs announced this year its goals to create an exchange for its customers. They have even already formed such a Department for crypto investments. They do not want to miss the opportunity to get money from their investors and Bank customers.
It depends on what sort of avenues are open now for institutional investors to invest in Bitcoin. I know there are some companies trying to serve that part of the market, but i'm to sure to what extent they are satisfying that demand.