Feels like the broader crypto economy is coming to life thanks to yesterday’s ETF approval. Could be a wild next few months.
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1180 sats \ 0 replies \ @siggy47 11 Jan
Here we go. Hold onto your hats and your principles.
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1040 sats \ 0 replies \ @davidw 11 Jan freebie
Circle is a company that flip-flaps more than any other company in the industry. Remember they launched a buy/sell/wallet offering in 2014/2015 only to ‘can it’ and disable buys/sells 18 months later. Forcing people to move their coin of their platform.
Then reopened itself to buys/sells in 2018. Then sold that business in 2020.
Hard to not see them cashing out here before they get swallowed-up or outcompeted by an upcoming dollar stablecoin. A company that follows/rides trends, and with a track record of cashing-out when it suits.
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0 sats \ 0 replies \ @nym 18 Apr
Did this ever get approved?
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0 sats \ 0 replies \ @TNStacker 11 Jan
Why not? Coinbase will soon be part of the Fed.
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0 sats \ 0 replies \ @africain3x21 9 Feb
Good news
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0 sats \ 0 replies \ @Karlm 17 Feb
Absolutely, the approval of the crypto ETF is indeed a significant development for the broader crypto economy. It could potentially attract more institutional investors and increase mainstream adoption of cryptocurrencies. The next few months will likely be filled with increased volatility and excitement as we see how this new instrument impacts the market.
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