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RE: Fidelity goes live with their Crypto Asset Platform!

in #crypto5 years ago

I have a feeling we will not immediately see this impact as it many be more moving assets to custody rather than purchases and even when that happens, it may be OTC transactions which are also excluded from public transactions.

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I think you are likely right. It most likely will impact things later on in terms of more price stability, especially on sell offs as institutions won't be panic selling and likely setting up buy orders that will help put in floors.

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