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In the News: 2017's crypto (r)evolution was just the beginning
01.04.2018
When we kicked off this year, bitcoin had just topped $1,000 for the first time in three years.
It was a signal to the market, but cryptocurrency still lacked serious interest from mainstream banks and institutional investors. Today, we’re looking at a very different market and, as one of the largest liquidity providers in the space, Cumberland has had a front row seat to the evolution — or revolution, depending on your perspective.
Over the last several years, anyone who was following cryptocurrency or involved at all in the markets alluded that "Wall Street" was coming. This was the year we actually saw this start to happen, driven by the new ventures, burgeoning demand and market maturation that generally accompany a rapid run up in price.