According to IronFX, “the sharks are entering the crypto market”. They highlight the following in their report:
• Goldman Sachs is considering a proposal to offer custody for crypto funds.
• A new advancement for Ethereum coin owners has taken place and seems to make life easier for users of the specific coin.
• SEC is undergoing a tight investigation in brokerages that offer Cryptocurrency trading, in an attempt to understand processes and operations in depth.
Read the full report IFX Crypto outlook 070818
Bitcoin (BTC) 4H chart