CNBC’s Crypto Trader Ran Neuner To Move Production To New York City at the Nasdaq Market Site

Ran Neuner, the host of CNBC's Crypto Trader, took to Twitter to announce that his show’s production team is moving to New York City. The new season will new broadcasted straight from Nasdaq Market Site. The new episodes will begin airing May 9th on CNBC.

BIG NEWS!!!

I have been working on moving CNBC Cryptotrader to NEW YORK CITY for over a year..

This Thursday we launch our new season from the CNBC STUDIO at the NASDAQ MARKET SITE in NEW YORK CITY!!! pic.twitter.com/zCdMvxwkhj

— Ran NeuNer (@cryptomanran) May 3, 2019

Among other things, this move is a sign that CNBC is trying to take the crypto markets more seriously. The timing of this moves says it all. Bitcoin is on an upward motion with the top crypto crossing $5,800 level for the first time in 5 months. Now, there are reports that institutional investors are showing interest too.

To support these assertions, Fidelity released a survey of 400 U.S. institutional investors. Almost half of the institutional investors surveyed (47%) view digital assets as having a place in their investment portfolios, but opinions vary on how these investors would prefer to hold digital assets in the future. 72% prefer to buy investment products that hold digital assets., 57% prefer to buy crypto assets directly and 57% prefer to buy an investment product that holds digital asset companies.

We can see this phenomenon everywhere. Take Greyscale investment’s “drop the gold” campaign for example. The Digital Currency Group are encouraging investors to ditch the precious metal gold for its digital counterpart.

Gotta love this video about the barbarous relic from @GrayscaleInvest! Learn more at https://t.co/yEnX7Hmlbf $BTC #Bitcoin https://t.co/WKZbKWibBc

— Brian Kelly (@BKBrianKelly) May 1, 2019

In a report, they explain their stand. They say:

“Cryptocurrencies like bitcoin are the future. They’re secure, borderless, and unlike gold, they actually have utility.”

This last point feels a bit too pointed and a tad ironic, considering it ignores gold’s crucial utility (among other things) for computer circuits and the very hardware that allows us to access the internet and, by extension, bitcoin.”

Nasdaq itself is familiar to crypto. Earlier this week BitcoinExchangeGuide reported about them adding the XRP liquid index to their global data service. this development is part of a partnership with Brave New Coin, a cryptocurrency analytics company, which will send the real-time XRPindex of information to the NASDAQ global index data service.