We have Bitcoin testing its bottom for the third time, Coinbase adding Custody, South Korea flipping for the 10th time allowing and regulating cryptocurrencies, and the $4 billion dollar EOS raise finally finishing its Ethereum dump on the marketplace. Bitcoins next run will go further and happen quicker than people realize.
In the news, we have Europes largest trader of exchange-traded funds is moving into crypto and the CBOE applying for a Bitcoin ETF again. August 10th is the date to watch for the approval or disapproval of the ETF. Even if it gets rejected like the other times, it will provide clarity as to what is needed to approve one.
We discuss the latest news and give our insights as a mix of traders from firms such as JP Morgan. Give the latest episode a listen!Well, until August 10, it remains to wait awhile. Were waiting for this time much longer. By that time, something can be determined with a network of lightning in bitcoin, which they promised to introduce in September. It may be that by August, bitcoin will begin to grow for other reasons. Now there is a lot of different positive information and bitcoin at any time can start to rise in price.