

Bitcoin On Fire! Is $120,000 The Next Stop?
Dec 17, 2024
Andrew Parish from Arch Public and Paget Stanco from Gemini share their insights on Bitcoin's impressive surge towards $120,000 and the growing institutional interest driving the market. They discuss the importance of algorithmic trading in the current landscape and explore innovative marketing campaigns to promote cryptocurrency's original ethos. The conversation also covers the challenges of regulatory clarity and strategies like dollar-cost averaging, emphasizing the urgency for professionals to embrace digital assets.
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Goldman Sachs Embraces Crypto
- Goldman Sachs offered institutional clients basis trade packages including crypto.
- This signals wider adoption and a potential for significant market movements.
Institutional Investors Leading the Charge
- Retail investor FOMO hasn't fully returned in the current bull run.
- Institutional investors like Michael Saylor are driving the current market.
Positive Regulatory Outlook
- The incoming Trump administration is expected to create a more open regulatory environment for crypto.
- This could lead to wider adoption and more clarity around crypto regulations.