During the last year, numerous investors have experienced losses both in their portfolio's performance and in dealing with the changing regulatory standards of major nations like the US, Europe, and the UK.

The cryptocurrency markets, like other markets, have cycles that alternate between bull and bear phases. These markets are decentralized and do not favor any particular type of investor. These cycles typically occur over a few months rather than years and affect the global market.

So why is crypto suddenly booming?

As we approach the end of 2023, there has been a positive shift in the cryptocurrency market, despite continued resistance in the US. Major institutions have listened to their clients and are now successfully filing for Bitcoin and Ethereum ETFs to be traded on major financial markets.


Newly filed ETFs are backed by cryptocurrency and not cash, unlike previous instruments. The crypto is safely stored with trusted custodians like Coinbase and BitGo. Major institutions like Blackrock and Fidelity, who were previously critical of crypto, now offer their customers secure, dependable, and liquid products for trading on public markets due to increasing demand. Although the growth of this demand is speculative, with the fixed amount of Bitcoin available, the future looks optimistic for Bitcoin and Ethereum, at the very least.


From our own market data, there has been increased buying pressure on BTC, USDC, and some Altcoins during the most recent rally. Key markets for coinpass.com remain on all GBP fiat pairs as we continue to service individual, corporate, and business accounts as well as institutions.

Michael Saylor, a well-known Bitcoin enthusiast, and investor, has anticipated the next crypto bull run for several years. With a dollar-cost averaging strategy, he has been aggressively investing in Bitcoin and has accumulated over 140,000 BTC over time. Saylor's investment approach has proven successful for him and his company, Microstrategy, as they purchased the BTC at an average price of $29,800.


Even big banks like Santander and Barclays are starting to recognize the potential of cryptocurrency. Santander has launched marketing campaigns to educate customers about safe investing and trading practices. They have also hosted an online awards event in the metaverse and started offering crypto trading in emerging markets. Meanwhile, Barclays has made a significant move into the blockchain space by investing in UK firm Copper, which provides crypto custody services. Both banks understand the importance of reliable crypto infrastructure in driving institutional adoption.


To make the most of the increasing institutional investment in the crypto market, there are several steps you can take to stay ahead of the game.

  • Firstly, it's important to stay informed by keeping up-to-date with industry news and developments. 
  • Secondly, educating yourself on how the market works and following the flow of money from wallets to exchanges and altcoins can be beneficial. However, be cautious of influencers who are paid to promote projects and rarely invest themselves. 
  • Security is also crucial, so make sure to keep track of your crypto on exchanges and wallets, use secure passwords and two-factor authentication, and ignore cold-call scams urging you to invest in offshore trading platforms or bots. 
  • Specializing in one investing strategy can also be advantageous, depending on your risk tolerance and portfolio size. 
  • Additionally, tax planning is often overlooked but can be used to your advantage by utilizing up-to-date tax guidance and capital gains exemptions. Overall, simplicity is key. 

The team at coinpass wishes you the best of luck in your crypto investing journey and will continue to share our views and opinions on the ever-changing crypto market each month.

Kind regards,
Team coinpass.com