Interesting Crypto Adoption Taking Place

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It would seem that crypto adoption is more on point then what is being lead on by the general media and government. For the last year if not longer now since crypto ballooned into a nearly 3 trillion dollar industry has retracted steps of 800k market cap to a now 1.2 trillion dollar market cap all while nothing but bad news continues to come out not only from within the crypto community but also the government and in particular th1982e SEC.

Outside of that if you look at the real numbers and data you can see crypto adoption is at an all time high. Not only from people themselves but from major investors now that hold multi trillions of dollars in assets.

This news has sparked new rallies in the crypto space but in particular a few assets such as Bitcoin, Ethereum and bitcoin cash which were recently released on a new CEX (Centralized Exchange) Launched by the likes of fidelity and a few others. This confirms that these assets are not going to be labeled as securities from the SEC and that not all assets are securities which has been the SEC biggest push as of late.

Because of this the SEC is going to now have to drastically pivot on how it classifies assets in crypto and these current court cases look like they will not be going in the favor of the SEC.

Also Coinbase has been named the security feature of the new ETFs about to be released. I wrote this in more detail in this article Coinbase Could Become A New Crypto Powerhouse

The other aspect of this is now that the crypto is digitizing gold. In the gold, stock and commodities world where everything has been abused, regulated and manipulated crypto brings in a fresh bit of it's anyone's game at the moment. We have also seen crytpo become decoupled from the stock market which was one of the biggest sources for investment into crypto over the last few years.

This was done through large stock mining companies of crypto and the few ETFs that did make it into the mix. However with the hard push move to spot ETFs we would see a huge explosion of wealth injected back in again and even more break away from the stock market making crypto once again it's own thing and less and less ties into main core manipulated assets.

We are also just starting to see the explosion of traditional websites becoming crypto powerhouses themselves such as that of LeoThreads

Posted Using LeoFinance Alpha