Hello!
Today they released the newa that BNY Mellon, a United States custodial bank, will be the first one approved by the SEC to be able to custody Bitcoin. After few minutes of the announcement, several important crypto tweeter accounts confirmed that it's true.
If this is true, it will open the gates for other banks to follow, and in addition it also opens the door for getting yiels from your Bitcoin.
All the boomers will be able to hodl Bitcoin through a regular bank, instead of having to deal with all the issues of self custody. It's one step further through the full Bitcoin adoption or hiperbitcoinization.
Those who think that we will not be able to reach more than 100k this cycle will be proven wrong. Slowly everything is moving towards the full bull market.
At the time of writing this, Hive is sitting at $0,19 still not at the deserved price. But it's performing better lately. I am looking at 250 sats per hive to pull the trigger and buy more. It seems that they will not let me stack harder.
I am happy with the change in the sentiment. We are back my boys!
I hope you have a great weekend.
Stack harder and enjoy.
Posted Using InLeo Alpha
