A Forex Trading Platform that Serves Goldman and Morgan Stanley Just Added Crypto

Apparently forex platforms continue to add cryptos to their offerrings, which only bodes well for more institutional money coming in.

The latest, according to a cointelegram article, is Kx systems which added Bitcoin, Litecion, Ripple and Bitcoin cash to their platform today.

What makes it newsworthy is that they serve Goldman Sachs, Morgan Stanley and some Hedge Funds. Giving those institutions more access to invest in crypto is fine with me.

Bitcoin Hanging On

Elsewhere, bitcoin is battling to hang onto it's long-term uptrend as managed to hold the reversal low from two days ago. If someone entered that as a trade, it's still working though this bounce has not been robust so far.

I talk about all of the above and more in the video...

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Best Regards,
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Disclaimer: All info in this post is my opinion and for educational use.

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Im surprised that with all the positive attention bitcoin is getting and the adoption happening bitcoin is not blasting to mars yet. My theory of whales surpressing might be true lol

Upvoted ($0.21) and resteemed by @investorsclub

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Certainly is needed to have a platform where you can trade several assets AND crypto. The question is: how will it affect to tax payments?

Yeah, in the end they should just treat it all like capital gains like stocks.

Great job.

Im sure Goldman Sachs is getting into cryptos expecting a big crash. Sarcasm off

Whatever Goldman recommends just do the opposite. It's what they do! lol

A lot of these financial institutions love tradable asset markets that have lots of volatility given the way they can make markets for their clients. They will continue to look how to take advantage of less experienced investors for their benefit.

Yep, in the end its all about having an edge so I can't even blame them I guess.

Great post! Sounds good to me as well!

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