Mike Novogratz says Institutional money is getting ready to move in and Crypto market will likely reach $20 trillion.

in crypto •  2 months ago

If you ask me, it will happen (if its not happening already!) but it will happen slow and gradually, with a few dozen millions here and there :)

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Your giving me goose bumps @steemychicken1; or as they say in China, 雞皮疙瘩 (lumps on chicken skin). :)

There's lots of great news out today related to institutional adoption of bitcoin. Sec chairman's interview saying bitcoin isn't a security, circle applying for banking lincense and trading venue license, coinbase registering with sec as inter dealer broker. Add to this Goldman's crypto desk and institutional custody solution by nomura announced during consensus.

Something big is about to happen to crypto markets. There's way too much positive news and all is being ignored.