- Singapore has just announced that it does not intend to make illegal crypto.
- Market volume is still 3x larger than 6 months ago
- 4 major banks in Australia have no intention of banning people buying crypto.
- Banks begin to use crypto for cross-border payments.
- Stock markets fell $ 1 trillion this week, crypto market runs better.
- Installation of ATM Bitcoin continues to increase.
- Singapore Airlines want to use blockchain technology for their loyalty program
- The Largest Utility Company in Europe is ready and willing to Sell Renewable Energy to Cryptocurrency Miner.
- Bittrex will reopen user sign up and add USD trading option.
- The CFCT chair states that the aim is to protect consumers with the "Do not Adverse" approach.
- Everything is on sale
What the news says and what it means can be two completely different things.
While many people may feel that they bought bitcoin in December, the reality is that this is still a normal correction. No one wants to ban crypto, State Level 1 has no desire to ban crypto, the world is still preparing for mass adoption, banks do not prevent people buying crypto, major institutions use crypto every day, the SEC aims to protect consumers from fraud. in crypto and crypto market is still bigger than 6 months ago.
What does all this mean?
Much of the recent news has painted a rather bleak picture of crypto space - there are many FUDs (fear of uncertainty and doubt) mixed with fake news and FUDs that trigger negative sentiments.
Taking everything into consideration from a holistic point of view rather than focusing on a frightening FUD.
The FUD that needs clarity is the fear that banks are helping 'ban' crypto by preventing people buying crypto - this is simply not true.
Banks stop people from buying crypto using credit cards because frankly, it does not make sense if people use credit to buy other money. Banks also need to reduce credit and cheating risks by taking this attitude.
So now you know, is not the future looking brighter and much more exciting?
Remember, it's always dark before dawn.