NEW Bitcoin (BTC) ETF Application
We are now a Cryptocurrency channel, not an evolution of games channel. I'm sorry if you're mad at me, but all you have to do is pay a little bit of attention to realize one is more important than the other.
Today we discuss the hot topic of Cryptocurrency Institutional Investors. Listen, there have been rumors, and many a cryptocurrency content creator have profited off over hyping institutional capital. The rumor is that they are on the sidelines waiting for the right product or the right price point (LOL)... It's honestly a meme at this point, as there have been ZERO (0) indications of these things happening. There is rumblings however about SEC activity in Crypto, as well as South Korea is reportedly loosening its grip on the crypto market bans and ICO bans... What does it all mean? We wait, and continue to monitor and report on the evolving cryptocurrency markets. Bitcoin (BTC) is still dominant af and we are impatiently waiting for the next bull run - which is also rumored to be caused by insitutional capital and not retail investors like 2017's bull run was comprised of. If all of that is true and the next decent run is caused by insitutional capital, it would likely cause the largest influx of capital into these markets in history.
Time will tell. Keep fighting.
BEWARE OF BULL TRAPS! We aren't out of the woods yet...
Also beware of desperate publications reusing old stories for added FOMO and clicks... Learn to trust certain publications and always double check your information across multiple sources.
Doing your own research has never been more important.
An online art dealer reports a 400%+ in sales since accepting cryptocurrency, while Verge (XVG), Dash (DASH), Monero (XMR) and others joining the blockchain revolution - it is only a matter of time before a good Bull Run and more companies using blockchain powered anything!
This Coinbase FOMO about the SEC is a load of speculation - and recognize when these things happen. It could save you tons of crypto!
With Bitcoin (BTC) Futures in play by CME and CBOE there are analysts saying that's the reason for BTC prices to drop and that we might never see extended bubbles like late 2017. I doubt that is the case, but so far this year has not been good.
With so much talk of Bull Run's and Lambo's it gets kind of sickening to hear whilst everything is TANKING. Some think it's ridiculous and they're not wrong. Experts and Shills alike all think Bitcoin (BTC) is the next big thing. That if FinTech (Financial Technology) really catches on - and why shouldn't it - it is after all far more efficient to run things on a blockchain. The benefits of a consensus algorithym is plentiful, and current applications are making headway in large multi-billion dollar industries. It is just going to take time. Along with that, comes the idea that institutional investors will come with their ETFs, Pensions, and large amounts of capital to help bolster up this market. The past few months many who once toted themselves as pioneers are found questioning the very existence of life, being put on suicide watch, etc
Please, if you are feeling those feelings know there is always someone you can talk too.
Cryptocurrency is something you can really get behind, really sink your teeth in. Aside from other investment options I've outlined here, Cryptocurrency can provide a better future for us all, and financial freedom to those who would otherwise not be able to achieve it.
Creditors associated with the failed Mt. Gox Cryptocurrency exchange are getting a bit of good news today, as a petition to move the company from bankruptcy to civil rehabilitation. That basically means the creditors owed money will have some recourse on getting back the lost capital. One of the Mt.Gox trustee's has publicly said he does not want the funds and will support this petition in order to pay back creditors. Mt. Gox seems to be a cryptocurrency bear market scapegoat, with the likely price retracements due to sell-offs of BTC, BCH and other assets always being called into play for whatever reason. This might be good news, and could spark some rebound in the market - hopefully a full trend reversal is coming soon.
Join our growing community of like-minded individuals to explore ideas worth exploring, to share ideas worth sharing, and to help place the next brick in the bridge to a better future.
Join Crypto Blessing by subscribing!
Also follow us on twitter @BlessingCrypto
*** The content seen on this channel is not financial advice, always do your own research (DYOR) and invest wisely. I immerse myself in these markets every day to bring you the relevant news as it happens, and am providing insight that should be considered my opinion! Happy investing everyone!