From 15 January we may get a new stamp on crypto coins, says Meltem Demirors, director at the Digital Currency Group, an investment company that invests in crypto coins and blockchain companies. Wall Street bankers get their bonus from that day on, "and then we get a buying madness of epic proportions", it says.
Meltem Demirors predicted on Twitter that we will be able to expect a new crypto range from 15 January. "If Wall Street bonuses land on bank accounts on January 15, we will see a buying craze on the crypto market of epic proportions," the tweet said.
January is the month of the bonuses, and that has consequences for the crypto market. Also last year, virtual coins got a huge boost in January and according to Demirors this will be no different this year. The Wall Street bankers in particular will have a major impact on prices, because their bonuses are a lot bigger than those of the average banker. According to the New York accountant Thomas DiNapoli, Wall Street investors receive an average bonus of 120,000 euros. And many will take their chance on the crypto market.
"It is mainly young people who put a few hundred or several thousand dollars in cryptocurrencies," says Demirors against the German branch of Business Insider. "Be prepared for an explosion".