đ„đ„đ„Elon Musk Influences Crypto Prices as She Increases X (Twitter) Integration
Sunday Dec.20, 2018 In a recent discussion between roundtable host Rob Nelson and TheStreetCrypto editor Peter Chawaga, the main trends that seem to be shaping the short-term price movements in the crypto market were highlighted.
Their conversation provided an in-depth look at the areas affecting the future of Decryption, including the pending spot bitcoin exchange-traded funds (ETFs), the influence of Elon Musk, the national adoption of digital currencies, and the evolving relationship between artificial intelligence and blockchain technology.
Chawaga noted that he is interested in the progress of spot Bitcoin ETFs and is closely following the efforts of financial institutions such as BlackRock and Franklin Templeton, TheStreet's viewers are trying to understand the progress towards approval
The growing interest of these financial giants to offer spot bitcoin products means a shift towards wider acceptance of the cryptocurrency in the investment world. However, despite this growing interest, the US Securities and Exchange Commission (SEC) has taken a cautious stance on the approval, creating an atmosphere of anticipation. Chawaga is optimistic and believes that the ultimate green light for Bitcoin ETFs could catalyze bullish movement in the crypto Sunday.
Musk's relationship with cryptocurrency is another important development that Chawaga is following. Given Musk's potential to integrate cryptocurrency payouts into platforms like X (formerly Twitter), his involvement could have a profound impact on how cryptocurrencies are used and perceived on a daily basis. Musk's influential but polarizing personality makes his ventures in the crypto space particularly intriguing.
