Fidelity Investment today “launches” 24hr Institutional trading Platform —- BOOM
Everyone can speculate why the crypto “pop” happened today.
There is usually not just one reason.
But....an interesting piece of news that “sent a message” is the announcement and AVAILABILITY today of the Fidelity 24 hour BTC/ETH trading platform for institutions.
Not big news?
Fidelity has $7.3 Billion under management.
I read today there are “people lined up wanting to invest” —- this is big folks.
This could be the start we have been waiting for...time will tell.
Yes, it has to be more than just the Tether drama
Many things for sure....but this is something that will only grow with time.
This might help a little to give a little boost and bring some fresh money!
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I think the slow but growing wait for Institutional monies is over....the amount of money going in will only grow each month from here.
Big news and other investment firms will follow making even bigger news.
It really is big news that will make a difference.