In this video, I discuss two major pieces of crypto news as we begin a new week and month. First, I highlight that the total crypto industry cap has not yet broken its all-time high this cycle, suggesting that the current cycle is far from over. Then, I delve into the U.S. Marshals Service’s decision to choose Coinbase to safeguard and trade its large-cap digital holdings, despite Coinbase facing legal battles with the SEC. This move underscores the trust in Coinbase’s institutional-grade services. Finally, I cover Sony’s launch of a Bitcoin and crypto exchange, which includes an Ethereum Layer 2 solution, reflecting the growing institutional finance charge in crypto. I also emphasize the long-term bullish trajectory of the crypto industry, encouraging viewers to zoom out and consider the broader trends.
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Intro 00:00
DOJ chooses Coinbase 00:45
Sony launching crypto exchange 4:35
Crypto momentum shifting bullish 6:20
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