This week in crypto:
1. Wyoming passes 3 crypto bills
2. Binance launches DEX
3. U of Michigan investing in crypto
4.Thailand approves smart securities
5. Pantera has raised $125M fund
6. Samsung Galaxy S10 includes private key storage
The virus is spreading 🚀
Morgan Stanley just officially announced that they consider crypto a new institutional asset class.
Every institution has to #GetOffZero and get in the game.
The virus is spreading 🚀
$BTC 3D: Using Bitfinex for continuity. 3D may close below the 200 EMA. If you look through BLX history there has never been a 50/200 EMA squeeze. Not sure how much weight this event holds, especially on Finex. Giving horizontal support and trend lines more weight for now.
Lots of healthy retests on low/mid cap $Alts providing good R/R entries. Buy the dumps, not the pumps. With $BTC premiums disappearing, im expecting large caps to move. Large caps have led $BTC by 8-24hrs for the last 6 months on major moves. Watching to see if that continues.
This week in crypto:
1. Bakkt sets launch date
2. Singapore invests in Binance
3. China ruled BTC is property
4. Bitfury considers IPO
5. Coinbase now qualified custodian
6. Coinbase adds USDC
7. Elon tweeted about BTC
5. BTC less volatile than S&P 500, Nasdaq & DOW
Onwards!
"If we have to go there, we will go there." - Visa CEO discussing the company's plans to enter the cryptocurrency market.
They won't have a choice. If they don't adopt crypto, they'll be left behind.
Notice how we are mentioned in this article https://t.co/yXfwutgOHa it's almost as if bitcoin magazines hires proper journalists who are capable of doing research and writing fair stories. Unlike certain other publications that love to omit our work and labs.....
There are two types of people involved with crypto.
1. People who are literally only in it for the $$$
2. People who believe decentralization is a movement
Which are you? 🤔