Why You Should Be Hyped For Crypto In The Next Months
If you have been watching the markets you saw that we got a nice pump yesterday. This might be a one day thing but it might also be the start of a nice run back to 6k in the next few months. Why? Because there are a lot of big things happening very soon.
Samsung s10
On feb 20th the Samsung is revealing the s10 and leaked photos have shown their should be a blockchain wallet. Samsung is the biggest phone make in the world and this would catapult crypto into the mainstream. It is not official yet but in two weeks it might be and this could get the markets stirring.
Fidelity's Custodian Service
In March Fidelity, which handles 7 trillion dollars of assets is going to allow institutional investors to buy bitcoin from them. I am curious to see how much interest is there and now that a reputable company is offering the service we should start to see more big players enter the field.
Bakkt
I am not sure when this will officially be out but I would guess April. This is another big tool that could lead to mainstream adoption and is backed by big companies.
ETF
This might not be in the next few months but it is getting closer to happening. And with positive sentiment coming from the SEC it looks like it could happen thus year.
Any one of these could start excitement in crypto but all of them could start another bull run.
As much as I want the new samsung my phone is about to be paid off so Im just going to suck it up and just have to be jealous of someone else that gets it.
Hopefully, over the next few versions will have even better capabilities and will be able to purchase one of those.
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You are correct @whatageek,as you said, all the things affect to the crypto world.but if we consider your reasons,1st one is the main effect ,increase the Crypto.The Samsung Blockchain KeyStore looks to be a blockchain wallet, which you’ll be able to either import an existing wallet or create a new wallet. According to the images, the Blockchain KeyStore only lists Ethereum as a supported cryptocurrency.
That said, a previous report from SamMobile claims that Samsung’s blockchain wallet will also support Bitcoin, Bitcoin Cash, and Ethereum-derived token ERC20 at launch.
What will be interesting to see is how that Samsung wallet interfaces with other apps and ecosystems to allow people to use crypto for payment.
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Very good news, we hope that this year is very good for the cryptography.
Great news @whatageek and you are right, these events can make a very good push for crypto and we will see tangible improvements!
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lol my sentiments exactly
The fundamental stories support that value continues to be created throughout the market and as industries and companies continue to build capabilities associated to blockchain technology, the demand will eventually pick up and start to balance prices again.
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