The New York Stock Exchange is planning to open a crypto exchange and it's going to start by listing Bitcoin first.
New York Times
Now obviously, if it's going to list Bitcoin guess what? It's going to be next Ethereum, Ripple, Litecoin so forth, so this is a great sign.
Many of the Wall Street investment firms and hedge funds have already started but we're seeing the stock exchange, we heard about the NASDAQ CEO saying that they are planning to list cryptos when the market matures.
So, this is all great news, I would recommend you should be holding onto your cryptos, do not sell because the institutional money is coming, Wall Street's coming so when that next big bull run starts and the money starts pumping in there, you just get ready to sell at that point when the prices are sky high.
We've heard about Goldman Sachs hiring that professional trader for their cryptocurrency unit. Morgan Stanely looking to compete with Goldman Sachs looking to get that up and running so there's going to be competition now between the Wall Streeters which is good news for us because they are going to come into the market start offering services getting their client's institutional money to go into crypto.
Crypto starting with Bitcoin is moving mainstream and like I said if Bitcoin is going to move over there, what's next to follow? Ethereum, Ripple etc.
OTHER READS
Day Trading Penny Stocks and Earning Profits
Why Listen To Stupid Crypto YOUTUBERS? - Don't Throw Your Hard Earned Like That
A Bitcoin Mining Company Mined Bitcoin in Space?
Iran: Making it's Own State Owned Crypto?
Best Places To Advertise ICO's and Cryptocurrency
So the Insiders Buying Bitcoin Again Without Knowing Anyone Else?
Remember This When You Feel The Pressure In Your Life