If this is not bullish, I don't know what is:
Some of the biggest names on Wall Street are warming up to bitcoin, a virtual currency that for nearly a decade has been consigned to the unregulated fringes of the financial world.
The parent company of the New York Stock Exchange has been working on an online trading platform that would allow large investors to buy and hold bitcoin, according to emails and documents viewed by The New York Times and four people briefed on the effort who asked to remain anonymous because the plans were still confidential.
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Goldman will initially only be trading futures contracts linked to bitcoins price. But Goldman executives said they were looking at moving in the direction of buying and selling actual bitcoins.
The Intercontinental Exchanges effort, if it pans out, could make bitcoin available to a much wider and more influential customer base, including other financial firms.
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Read the whole NYT article at:
https://economictimes.indiatimes.com/markets/stocks/news/coming-soon-bitcoin-trades-on-wall-street/articleshow/64076979.cmsIf wall street is warming up for bitcoin this can as well they are warming to be bearish. People also invest a lot by SELLing futures. I think (correct me if i am wrong) the biggest bearish investment in stock markets are tesla stocks (i hope bulls beat them). If i am not mistaken tesla stock has the most bears among all stocks. I think we cant really see how much are bitcoin futures making SELL (for rookies this means betting that stock will go down) and how much BUY