One was a big scam and first well folks that's not what this really is about I just wanna come to talk about that for a second because it kind of the make yours just a little bit he used several arguments in an article written for recode. which really are pretty much just giant troops and they're actually arguments I dupont and passed article. so if you're interested in a couple of the arguments that he made. I will include an article that actually has his opinion stated and then I would encourage. which includes myselfactually using some research who would have thunk it right to the bunk some of the most popular myths surrounding it quite so I'm always a little skeptical. when I start to see some pretty serious for that coming out as the price back when it begins to rise once again thinks all questionable you know. Seems maybe a bit suspicious in my opinion for reasons. I'm not really going to go into right now but anyway right I will talk about a couple of opinions of Kenneth repose up a pretty serious contributor to forks and he's written a couple of good articles when it comes to big one and other cryptocurrency start respect his opinion. And I honestly think he's a pretty good and reasonable writer so anyway what does kind of have to say about the growing press a big white and what might keep the growing into the near future.
Well he starts off by saying big point is back from the brink sort of after topping it near twenty thousand dollars in mid December the world's leading cryptocurrency by market cap has been nothing but free fall ever sense. which yeah once again it's a little inaccurate you know because obviously over the past week and even over the past month we've recovered pretty well in terms of price.
So what's occurrence with the regale now the expeditious conform is great investors and tech upgrades and this is an conceitedness that I you don't say fit with major league investors ants tech upgrades are determinately ambitious back. when and other nest does further into the Tobe so back to front venal upwards for a count of principle temper to the tensive or CEO reëxamination originate data in the exploration fraternity centralized to the blockchain and cryptographic property nundinal. tensive or suppose the fundamentals of back one have been justify low proved force bolt cobweb and beyond vigor from regulators are both fetch investors back and he's examine as maxim that the US is walk in to order protection badger equivalent of thing property. we're because adult luminosity investor footprint in to discount as event ease sign or crypto currencies spring by alarm wholly uniform to part or profit symbol are resembling coupons employment for a discriminating office the event were sacrifice. And both are tradable on interchange and he unite as the rise. That the odds of a pickle ETF getting approved by the securities exchange commission have actually improved as of late now George Soros is identical in dollar world management firm is planning to trade digital
assets Adam Fisher who oversees macro investing in New York based Soros fund management told Bloomberg this month the fund is now approved to treat crypto which is pretty exciting news.
Obviously a big investor like that being interested in crypto currencies. I think is really quite important for its further default it's kind of like Warren Buffett investing in the stock if people. see that he's about to something we really.And feel secure in his investment other people are going to jump in by nature seven rock of venture capital firm associate with the Rockefeller family's personal wealth fun is also getting in on the act continue they partnered with the Quinn find of a crypto as hedge fund by the Alex Felix and New York they're investing in startups that also issue on their own coins coin fund set on April sixth two word is getting out of the traditional financial industry players are prepared to enter the crypt of trading market soon. says you went to go over CEO Paula up watching platform with its own cryptocurrency.And
Goldman Sachs reportedly hard critter trader Justin Schmidt and the steam to part ways is even considering a crypto training.
I don't blockchain ETF firm reality shares in San Diego is working on their own crypto currency exchange. which is independent from other exchanges that's a further development right there and some fifty six finance firms are said to be standing by ready to enter the crypto markets by the end of the third quarter of twenty eighteen and in my opinion they may even enter sooner. so if these fifty six firms are poised to enter the crypto markets by the third quarter of twenty eighteen either one there waiting for something or two they're actually getting it earlier that's my opinion. so Kuala CEO goes on to say the entrance of new financial firms promises to provide much higher levels of liquidity along
with the tsunami of new money driving today's prices even higher now more over India maybe backpedaling on the court following the reserve bank of India's ban on to the Quinn this month in a cryptocurrency start ups have suit. which in my opinion is the corrected democratic thing to do China still has crackdowns on initial point offerings and mainly crypto currency exchanges mermaids at your one hope for watching technology China currency's pregnancy offshore and Hong Kong and Singapore and support its street into crypto property for chance metropolis copy investments in startle ups to direct investments into coins listed on exchanges. so in other words India and China and India is arguably the world's largest democracy and China which is more or less a totalitarian communist society which obviously I am not.
Super into being an American myself and a proud American. Those are both huge economies that are still pretty heavily invested and interested in the coins and the technology related stuff. which is still a big deal.Now rob I think we own co founder of Zend cash actually stated this fifty day high speaking of the current price is a solid indicator that people are slowly re entering the market increased regulatory scrutiny globally. Has weighed down the market prices are last quarter but the spaces remain relatively stable over the last several weeks people are starting to gain a more nuanced understanding of long term potential of watching technology. it also hopes of major investors are becoming more bullish that compress the expectation of the sell investor.
Which is important point to make people and the general public are more comfortable to curb the currency's overall they will be more willing to invest and actually become involved.So the top ten treated coins are all up as of late yesterday morning Tuesday morning heroes coin is the biggest gainer. so far up more than thirteen percent the core traits and just thirteen dollars and fifty cents compared to run nine thousand dollars for one point uses a Hong Kong based software company developing solutions for blockchain platforms now I own a bit of US myself but I'm
actually kind of interested in buying or if it.
I think the price is pretty reasonable personally and that it could be interesting to see. How it develops right so anyway folks that's your daily dose of news for me those are some factors that I think will drive back went forward you know India the small cryptocurrency groups suing India and the Indian government for cracking down is in my opinion fantastic. I think that's great are that's that's the kind of democratic action we need to see in my opinion so I love that but anyway folks let me know your opinions or let me know what you think the press will develop further let me know what you think will happen in the future expect more polls to come soon.