Viewing a response to: @acesontop/pkngz3tb5
<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. </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. </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. </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>. </p> <p><strong>Bitcoin EFT</strong> could provide large scale entry to market. Everyone in crypto now watches how Bitcoin EFT results. </p> <p><strong>Bakkt</strong> news are most <strong>bullish</strong> development in crypto space I have seen recently.</p>
author | societyengineer |
---|---|
permlink | p3vv9rtb5 |
category | musing-threads |
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