Bloomberg: Wall Street Putting A Pause On Bitcoin Foray4

While 2017’s narrative in the crypto industry was undoubtedly the initial coin offering (ICO) craze, 2018’s was evidently the advent of Wall Street participants. And while strides were made with institutional involvement, with Nasdaq and the Intercontinental Exchange (ICE) both openly backing crypto assets, Bloomberg has claimed that efforts to bring Bitcoin to Wall Street remain in “limbo.”

Since a majority of retail investors fled crypto as the “bubble” unwound, those left standing have sought a light at the end of the tunnel. This, of course, took the form of a multitude of pro-institutional narratives that quickly became the rallying cry, or even call to arms, for the subset of investors dubbed “HODLers.”

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