AMAZON GETTING INTO BLOCKCHAIN AND COINBASE EXPANDS
Amazon made a new partnership with a company to get into Blockchain. This isn't Amazon allowing cryptos for payment or making their own, but it is still great news. Amazon is trying to make it easier for people to run services on a blockchain. Amazon is huge, so this is good validation for the marketplace.
Image taken from ETHnews.com
Next, Coinbase announced it's suite of institutional products are now available. This will help bigger money come into the marketplace. They are making things more secure and more compliant with regulatory bodies. Big institutions have to be very careful, secure, and compliant because they manage other people's money. They can't just hop on some random exchange and start trading. Coinbase is making good moves to help with this problem. Then, we could see more and more money to start coming back in.
The markets are down a bit now, they may dip a little more, but we expect things to bounce a little before the next big push upwards.
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