Rethinking Institutional Bitcoin Investments

I might have been hasty in my last post regarding being bearish on institutional investments in bitcoins. After interviewing Pantera Capital CEO Dan Morehead for Trader Magazine’s current cover story, I refined my views a bit. Buy-and-hold asset managers will still find investing in the digital currency directly difficult. The bitcoin market remains relatively small, highly fragmented,…

Institutionally Bearish on Bitcoins

The more research that I dig up for an upcoming feature on institutional investors and bitcoins, the more I believe that it will be a few more years before asset managers are able to profit from digital-currency investments. This has nothing to do with the maturity of the bitcoin infrastructure, which is fine and only needs…

Seeding the Front-Office Clouds

Two phrases that never seem to go together are “high performance” and “hosted cloud computing,” but two-year old startup Lucera looks to change the industry’s mind with its aptly named Compute offering. Most marquee cloud providers typically focus on driving down computing costs through server consolidation, explained Jacob Loveless, CEO of Lucera. “It’s very cheap in…

Bitcoins! Bitcoins! Bitcoins!

Kicking of the second season of The Daly Post Podcast, I sit down with Wall Street Bitcoin Alliance executive director Ron Quaranta and discuss what institutional investors, broker-dealers, exchanges and vendors need to do to take part in the ever-growing Bitcoin market. Although these cryptocurrencies have strong libertarian, over-the-counter, and retail roots, Quaranta sees the markets maturing…

Fed Calls for Further Non-bank Transparency

Speaking before German Finance Ministry and Bundesbank officials earlier today, Federal Reserve Vice Chairman Stanley Fischer warned his audience that non-bank are less vulnerable than they were during the global financial crisis, but now is not the time to relax. “Regulation is a ‘cat and mouse’ game,” said Fischer. “Regulators need to respond to existing…