Crypto Needs Real-World Adoption To Survive
I think what's going to really drive in the long run, not just Bitcoin, but, in theory, all the other asset classes is ultimately real-world adoption, notes John Wu. He discusses next steps for cryptocurrency investors. He talks about latest on SEC's crypto crackdown as the Coinbase CEO noted that the SEC asked to halt all trading except for Bitcoin. John goes over how Bitcoin touched a 6-week low yesterday. He then looks at the outlook for digital currencies and assets. He also previews PayPal (PYPL) which is to report earnings today, postmarket. Additionally, he goes over crypto adoption trends in fintech, highlighting crypto related stocks including Coinbase (COIN), Marathon Digital (MARA), Riot Platforms (RIOT), and CleanSpark (CLSK). Tune in to find out more about the stock market today.
