<p>Everything points at “bullish’ish”.</p><p>The most bullish news of the week would be the news coming Consensus Singapore, where the Monetary Authority of Singapore (MAS) has discussed its rather positive views on cryptocurrencies and tokens. Being an international financial hub, and an interesting one with great tax systems for investors and companies, this is of course very positive news.</p><p>At the same time at Consensus Binance CEO CZ also announced the news that they will soon launch a fiat-to-crypto (and vice-versa obviously) exchange in SG, and then starting next year plan to expand those operations to all continents.</p><p>Continued not bearish or oppressive news coming from regulators, who seem to take more holistic positions on towards the new markets, and new money, are bullish...ish news.</p><p>Brief summary of why the evolution of Singapore’s position matters via TechCrunch. And, obviously, CoinDesk and CCN also provided quite a lot of coverage around Consensus SG.</p><p>https://techcrunch.com/2018/09/22/singapore-is-the-crypto-sandbox-that-asia-needs/</p>

<p>Developing <strong>Bakkt, Bitcoin EFT,</strong> and <strong>Coinbase Prime</strong> could fire up <strong>bullish run</strong>. There are some opportunities for institutions entering the market during bear market.&nbsp;</p>
<p>There has to be atmosphere for institutions so that they should feel safe and adopt easily. There are some challenges right now in cryptocurrency for institutions. However, <strong>Bakkt</strong> could provide more opportunities for institutions.&nbsp;</p>
<p>There is also <strong>Custodian services</strong> provided by Coinbase present more secure space for institutions. They could easily adopt the system and create more development for crypto world.&nbsp;</p>
<p>In addition Coinbase present trading platform for <strong>institutions</strong>. This could lead to marketcap into large numbers. There will be huge institutions in the game.</p>
<p>Increasing number of <strong>derivatives</strong> could provide more bullish action. Right now there are <strong>CME</strong> and <strong>CBOE contracts</strong>.&nbsp;</p>
<p><strong>Bitcoin EFT</strong> could provide large scale entry to market. Everyone in crypto now watches how Bitcoin EFT results.&nbsp;</p>
<p><strong>Bakkt</strong> news are most <strong>bullish</strong> development in crypto space I have seen recently.</p>