The Start of Institutional Adoption - News Byte - EP 28
Episode description
In this week's episode of the Block Exploring Podcast, Tommy (@sabaisquared) and Elias (@otokocrypto) discuss the state of the market.
Bitcoin crossed the 63k threshold and is now experiencing a minor correction. Cardano is facing a death cross faced compared with Bitcoin. The short-term moving average closed below its long-term moving average. Ethereum bounced back up after a rejected attempt to break all time highs. Out of nowhere, SHIBA INU has pumped 50% after its whales dumped the meme token.
Overall a bullish week! But is it the start of the institutional era of crypto?
Find out in this episode, where we go into this. More and more institutions are getting in, there is no time like today to learn more!
A Bitcoin ETF has been approved, analysts say 250k is the next big price mark for BTC. Reddit might launch an NFT platform, and Wyoming now allows for DAO's to be legally registered.
In short, the institutional potential of the crypto space is ever-increasing. Are we on the brink of experiencing this in the markets as well?
Let us know your ideas on this in the comment section!
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