Douglas C. Borthwick

Chief Marketing Officer at INX L
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  • Of course institutions are driving the run higher, especially as real money institutions begin their start of year portfolio rebalancing. But global unrest certainly plays a part as well, in combination with retail introductions over the holidays… However, investors are not buying to trade. They are buying to hold. And each time they take ownership, the supply of Bitcoin in the marketplace shrinks, causing prices to rise. Coupled with increased adoption by retail, and the OCC promoting stablecoins as a disrupter over SWIFT and ACH and you have a cocktail for parabolic moves higher.

    13 January 2021
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  • INX L
    Chief Marketing Officer