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!many predictions and ways of emerging to overcome and find solutions to the problems facing the market today.
there is nothing definite in crypto, everything can change very quickly. but I still hope that the price of bitcoin and altcoin other quickly progress and the price will not decrease further.
The volatility in a young financial market such as cryptocurrency is unavoidable so investors need to have a proper investment strategy for themselves to be proactive in all situations of this market. I think that everything will be fine in the next few months, there are better signals of the market.