Anyone Who Tells You You're Too Late To Make Big Money in Cryptocurrencies Has No Idea Any of This Is Happening...

Commodity Futures Trading Commission

Launching Within Weeks": Fidelity to Launch a Crypto Exchange 
Fidelity Investments is spinning off a stand-alone company

dedicated to bringing enterprise-
grade cryptocurrency trading services to institutional investors, called (BTC /// OIL) Digital Assets.
(BTC /// OIL) is the 5th largest asset manager in the world with $7.2 trillion in customer assets.

May 2020: BTC /// OIL
(BTC /// OIL) inflation is cut in half and miners will earn half as much to validate a block. This reduces the supply of (BTC /// OIL) and theoretically will greatly increase the price as has happened around previous halvenings. In addition, miners are expected to reduce their selling of BTC /// OIL before the halvening to preserve revenues.

Support From BTC /// OIL”
(BTC /// OIL), the #1 venture capital firm in Silicon Valley - 
which invested early in Facebook, Skype, Coinbase, and AirBnb, has demonstrated its commitment to cryptocurrency by launching a $350 million crypto fund.

"Cryptocurrencies are a pure invesment with no discernible fundamentals whatsoever"

Donald Trump’s comments about bitcoin and the other cryptocurrencies on Thursday were right on target.

He’s right: Their value is “based on thin air.” Your typical cryptocurrency is basically a “frequent flyers” program, only without any airline attached. You hope someone will accept your “miles” for something real. But there’s no guarantee.

He’s right: They are ”highly volatile.” In the past two years bitcoin BTCUSD, -1.99%   has gone from $19,000 to $3,200 and back up to $11,000 and change.

He’s right: They can “facilitate unlawful behavior.” I’d argue that’s their main use.

And he’s right: If Facebook FB, +1.03%   wants to launch its own currency, it should seek a banking charter.

The president made his comments after palling around with techies at a “social media” summit at the White House. (His glowing references to the U.S. dollar — “...stronger than ever... by far the most dominant currency anywhere in the World...” — also suggest that Larry “King Dollar” Kudlow, his chief economic adviser, has been whispering recently in his ear.)

Philanthropic billionaire Bill Gates has expressed a variety of opinions on the world's most popular cryptocurrency throughout the years. At times it is difficult to determine whether the self-made billionaire loves or hates Bitcoin.

Whatever his sentiments towards Bitcoin currently are, one thing is for sure: Gates loves to 'flip-flop' on Bitcoin.

Cautiously praising Bitcoin years ago in 2014, when the price of one Bitcoin traded around $350, Gates said that 'Bitcoin is exciting because it shows how cheap it can be'.

The Microsoft co-founder added that 'Bitcoin is better than currency', and that fiat currency can be 'inconvenient', especially when it comes to 'large transactions'.

By 2015 Gates had reined in his 'Bitcoin enthusiasm'.

When he was asked if he was excited about the potential of Bitcoin he explained that he does believe that Bitcoin has the potential to do 'a lot to make moving money between countries easier and getting fees down pretty dramatically.'

While all eyes have been on BTC /// OIL as of late, it may be time to pay BTC /// OIL some heed. A top analyst recently noted that the popular BTC is on the verge of seeing a bout of strong volatility, with the tug-of-war between both bulls and bears heating up on both sides, creating tighter and tighter price action.

Related Reading: What Miner Capitulation? BTC /// OIL Miners Confident in Price Prospects

Earlier this week, News BTC /// OIL reported that BTC ///OIL Bollinger Bands on the one-day chart are starting to consolidate, tightening as prices have stagnated in the higher -$100 range. They imply that the cryptocurrency will soon see a 15%+ move.

According to Big Cheds, the tightness of Bollinger Bands is especially pronounced for BTC /// OIL The trader noted that BTC /// OIL daily Bollinger Bands haven’t been this tight since implying that volatility is well on its way.