{"id":67938,"date":"2022-10-01T10:27:54","date_gmt":"2022-10-01T07:27:54","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=67938"},"modified":"2025-09-07T11:19:07","modified_gmt":"2025-09-07T08:19:07","slug":"bitmex-ceo-notes-sustained-institutional-interest-in-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitmex-ceo-notes-sustained-institutional-interest-in-cryptocurrencies\/","title":{"rendered":"BitMEX CEO notes sustained institutional interest in cryptocurrencies"},"content":{"rendered":"<p>At the Token2049 conference, BitMEX chief executive Alexander Heptner told <a href=\"https:\/\/cointelegraph.com\/news\/institutional-appetite-continues-to-grow-amid-bear-market-bitmex-ceo\">Cointelegraph<\/a> that he does not see a decline in institutional interest in the digital asset industry.<\/p>\n<p>In his words, large investors are choosing innovative sectors precisely during bear markets. Bull markets drive them to make hasty decisions, which is challenging for large companies.<\/p>\n<p>Heptner also noted institutional interest in Ethereum after the network\u2019s transition to the Proof-of-Stake consensus algorithm as part of the <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-activates-the-merge-blockchain-shifts-to-pos\">The Merge<\/a> upgrade. The second-largest cryptocurrency by market capitalization now complies with the principles of <span data-descr=\"Environmental, Social, and Corporate Governance\" class=\"old_tooltip\">EGS<\/span>, he said.<\/p>\n<p>The BitMEX chief executive forecast Ethereum\u2019s price rising to $3000 by the end of 2022. As of writing, the asset trades around $1300, according to <a href=\"https:\/\/www.coingecko.com\">CoinGecko<\/a>.<\/p>\n<p>Earlier in September, State Street analysts found that institutional investors <a href=\"https:\/\/u1f987.com\/en\/news\/state-street-crypto-winter-has-not-deterred-institutional-investors\">maintained interest in blockchain and cryptocurrencies<\/a> despite the bear market.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news in our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 news on cryptocurrencies, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BitMEX CEO Alexander Heptner said he does not see a decline in institutional interest in the digital asset industry.<\/p>\n","protected":false},"author":1,"featured_media":67939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1156,1138],"class_list":["post-67938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-institutional-investors-and-whales","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/67938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=67938"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/67938\/revisions"}],"predecessor-version":[{"id":67940,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/67938\/revisions\/67940"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/67939"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=67938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=67938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=67938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}