What Blackrocks partnership with Coinbase means for the crypto market
What Blackrocks partnership with Coinbase means for the crypto market
In today's article, I'm going to cover a very important headline that has come out recently. That is Blackrock is officially partnering with Coinbase to give Blackrock clients access to Coinbase prime. This isn't your typical Coinbase account and is for more of your institutional investors or investment groups. This is why it's such big news as Blackrock is one of the world's largest asset management firms. This means so much to the market which is what I am going to cover in this article. So with nothing else needing to be said let's get into what this all means for the cryptocurrency market.
Why Blackrock has saved the cryptocurrency market
Now before I get started let me just say that we are still in a bear market and will continue to be for the foreseeable future. But after this bear run, we are experiencing we will have an altcoin season. The reason I don't just say bitcoin is because they chose Coinbase which primarily dabbles in altcoins. This means so much institutional liquidity is going to be injected into the cryptocurrency market. This is why you must prepare for the bottom of the bear run which we are coming upon. This is why I say we are still in a bear market we still have one more leg down or another dump before we start pumping again and get into altcoin season.
My Final Words
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