American Regulation Has Come In For Square
Good news coming from the company Square. They have got regulation approval to trade crypto in New York. Woot. This is great to see as American regulations are one of the big things people are wondering about in the world of crypto. And New York is one of the biggest cities in the world. This is the 9th company in the states to get this approval according to the article, including coinbase and circle.
I am hoping this is the start in the US. The price of the market is up today and this might be the reason why. There are a lot of questions with the market and where it is going. There are those who think we are heading to 5-3k before we have a push up. But we might have hit our lows and this is the start of a big bull run. It really is up in the air at the moment. Personally I would like one big dip so I can more coins before a good push but that is just me. But I might just get them soon if the market keeps going up. As you can tell by my indecision this is definitely not investment advice.
Here is the link for more info:
https://www.cnbc.com/2018/06/18/square-customers-can-now-trade-cryptocurrency-in-new-york.html
Great news. There is now an established playbook for getting regulatory approval, so hopefully the market will see an influx of participants who utilize that playbook.
Excellent. Hoping for a bull run indeed. More participants in this space means more competition. With more competition, consumers will benefit.
I can feel it coming in the air tonight................ BULL RUN
Bull run... not only tonight!! ;)
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This is great news, one has to wonder when will this influx will be live and if this means cryptos are going up.
I think that in time cryptos are going to slowly but steadily be on the rise, so I wouldn't get rid of my currencies just yet, but I'm sure either if this is the time to buy.
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I like when the price of the market is up
Yeah honestly people should be excited. If you have even a small stack of cash nows the time to buy Steem and see that stack grow. Buy low, sell high, duh. Although with Steem I wouldn’t actually hold it. I’d just power up.
I bought some ETH in Robinhood. Its weird to think I can trade easily within the app and play the swings. Im not a trader so Ill try to avoid the urge.
Just don't put in money you can't afford to lose :).