Bitcoin - Institutional Money Incoming!
One of the themes we've been talking about recently is how markets are made, and the reality of what institutional money entering into the crypto markets looks like. Taking a macro-perspective, we turn to the headlines this week to sumise what the market makers moves are.
The three big events as I see them are:
Canadian Tech Firm acquires large Crypto Mining Farm https://btcmanager.com/canadian-tech-...
Japanesse Broker Monex to acquire Crypto Exchange CoinCheck https://www.reuters.com/article/us-cr...
Coinbase acquiring a former NYSE Head of Sales to run Institutional Sales Division http://www.businessinsider.com/coinba...
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Coinbase - Looking to purchase your first Bitcoins? https://www.coinbase.com/join/58bf79b...
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** I'm not a financial adviser. The information here is for education purposes. Trading and investing are wonderful things to do, and it's OK to take advice and to learn. I'm glad you're here right now reading this, educating yourself. Don't take my word as the gospel, and be careful. All investment and trading opportunities carry risk, I'm sure you reading this have the potential in you to profit from a careful trading plan, and wise investment choices. Do it right, do your research, and don't trade stupid. Very best of luck to you!.**
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Very interested in the Coinbase hire. They really have been hiring some awesome people, seem to be working on their very own Dream Team!