Coinbase CEO: Institutions Depositing $200-400M Into Crypto Per Week

in bitcoin •  5 years ago 

Whether institutions were going to adopt crypto or not was an open question about 12 months ago. I think it's safe to say we now know the answer.

Interesting article about how institutional money is moving into the crypto market. So far it looks like it mostly moving into bitcoin and not the rest of the market, but that may change. I've following their lead and only buying bitcoin when I have the funds.......

Read the full story here....
https://cointelegraph.com/news/coinbase-ceo-institutions-depositing-200-400m-into-crypto-per-week

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lots of money flowing in

I'm liking that, hoping for new highs before the end of the year......

Bitcoin is around $10,100 right now.....

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