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    Whether you like it or not, the Blackrock/Coinbase news is meaningful for all of crypto, and that is whether or not you own Bitcoin, Cardano, Ethereum, or any other cryptocurrency. In the coming years, all data suggests that there will be trillions of dollars poured into the crypto space. As of today, this is big crypto news because the whole market cap of all of cryptocurrency is only around $1 trillion!

    Floodgates of capital article – https://www.forbes.com/sites/danrunkevicius/2022/08/11/floodgates-of-capital-crypto-is-braced-for-21-trillion-boom-as-price-of-bitcoin-ethereum-bnb-xrp-solana-cardano-luna-shiba-inu-and-dogecoin-skyrocket/?sh=116e85d740e7

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    22 Comments

    1. More importantly, the BlackRock customers will need to be educated about holding their coins on coinbase exchange.

    2. You really like to dope yourself with trillion dollars!
      BlackRock will never purchase bitcoins from exchanges, they use Coinbase Corporate accounts, and those are OTC markets, so the prices will be unaffected.
      THE ONLY price driven of this market comes from retail buyers.
      Entire institutional money flow is on OTC Markets. There is not even a single institution that buy bitcoin from normal accounts in exchanges. All of them purchase bitcoins from OTC!

    3. BlackRock gobbling up Bitcoin and removing retailer from space is not β€œexciting explosion”. Its sad and worry-some, β€œit really is”…

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