Nasdaq Joins BlackRock as TradFi Defies the Bear Market and Embraces Crypto

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No, a prolonged bear market doesn’t mean crypto is dead –if recent push from TradFi players such as Nasdaq and BlackRock is any indicator. By cryptauxmargaux

Nasdaq’s move this week is"going to bring more institutional players in and we welcome it," Nazarali said. Overall, he believes that having TradFi slowly dipping their toes into crypto is a good start and will eventually lead to more widespread crypto adoption.‘Regulatory Clarity’

Gary Gensler, the chair of the Securities and Exchange Commission , which shares responsibility for crypto oversight in the U.S., has argued that the crypto industry does not need any more specific guidance. This leaves traditional investors confused as regulators try to catch up with how to properly govern the space, a situation that could undermine the U.S. role as a global financial powerhouse if it doesn’t provide more clarity and crypto becomes an even more important market.

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For sure. Market is bad. Common sense.

They spread the FUD, create the panic selling then buy the dip. Not rocket science.

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Not just for winter, but for the whole future

It’s declining while they are embracing… What you actually mean is ACCUMULATING!

Thankfully, people are more convinced each day that government control over their money is simply crap.

Yet NFTartwork and NFTs are booming like its spring into summer

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Source: Cointelegraph - 🏆 562. / 51 Read more »