What are some major institutions investing heavily in bitcoins in 2024 ? And how is it going to impact the future prices for bitcoin according to you ?
1. Large financial institutions such as JPMorgan Chase, Goldman Sachs, and Citibank.
2. Hedge funds like Renaissance Technologies and Bridgewater Associates.
3. Technology companies such as Square and MicroStrategy.
4. Sovereign wealth funds from countries like Singapore and Norway.
In the short term, this is positive, but I fear these massive players are nothing more than an attempt at control and mass accumulation. What I fear the most is what will happen when the supply dries up, and the only people holding are these traditional industries—everything that Bitcoin should be going against.