Is anyone else sort of blown away by all the good news that's been coming out the past few weeks?Let me sum up everything just off the top of my head:Coinbase launches suite of products aimed at institutions and solves problem of custodianship for big investors.Bittrex starts to add fiat pairs to their exchange.Binance adding fiat pairs in near future.NYSE parent company ICE, NASDAQ, and now Fidelity are looking into building cryptocurrency trading platforms.President of China says blockchain is a very important technology, potentially signaling crypto ban reversal.SEC chairman said TODAY that Bitcoin is not a security, potentially clearing up the last barrier for big institutional money ( the other barrier being custodianship that I mentioned earlier )Coinbase just announced today that they're on their way to being a broker for SEC regulated crypto securities.Like holy shit that is A LOT of good news. Anyways the point of my post is, I think the writing is really on the walls now guys. If you weren't bullish about crypto before I think all of the above should give you every reason to be now.EDIT: I've seen some comments asking why all this good news isn't being reflected in market prices. I actually made a video covering that topic and why I think 2018 can still be a really bullish year for cryptocurrencies:https://www.youtube.com/watch?v=Dqt7FePOcGYI feel even more strongly about this after the news broke today regarding points 6 and 7.
Submitted June 07, 2018 at 12:48PM
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