Is the steer coming soon?
You open the news, and there it is:
- Deutsche Bank ($1.4 trillion under management) wants to make a crypto service. Application for a license has already been submitted
- Japanese crypto exchanges want to loosen margin restrictions and raise leverage from 4x to 10x
- Invesco and WisdomTree submit to spot Bitcoin ETF
- And.... is the cherry on the cake! BTC has broken through 28k since May
The guys at Nansen think that the next bull needs clearer regulation from the US and lower inflation. We think that we shouldn't expect a super bull now, but anyway - the news is positive and should inspire in all of us the realization that crypto is alive and despite all the skepticism and decline on chats will still be bumping like.
