HUGE CRYPTO BITCOIN INVESTMENTS! Bitcoin Dogecoin Ether Altcoins Cryptocurrency Bull Market WOW!

HUGE CRYPTO BITCOIN INVESTMENTS! Bitcoin Dogecoin Ether Altcoins Cryptocurrency Bull Market WOW!

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HUGE CRYPTO BITCOIN INVESTMENTS! Bitcoin Dogecoin Ether Altcoins Cryptocurrency Bull Market WOW!

The amazing city of Miami in the great state of Florida is set to host the largest cryptocurrency conference in history, bringing upwards of 50,000 crypto fanatics together to celebrate everything on the blockchain.

Featuring big names in entertainment, government, and financial industries, including Twitter CEO Jack Dorsey and Miami Mayor Francis Suarez, this event looks like the biggest cryptocurrency party on earth.

Mayor Suarez explained: "We want to be one of the most crypto-forward and technological cities in the country. So we're looking at … creating a regulatory framework that makes us the easiest place in the United States to do business if you're doing it in cryptocurrencies."

Let me know in the comments down below if this crypto conference sounds like fun and if you will be attending the largest cryptocurrency convention ever.

Meanwhile, many fiscal professionals believe that Bitcoin is still driven by the "digital gold narrative" among institutional investors, according to financial experts.

According to Tom Jessop, Fidelity's digital assets president: "I would say the predominant narrative at this point is still the digital gold narrative which really started driving the market higher about a year ago after the pandemic."

He continued: "There are a number of clients that are concerned about the fiscal and monetary stimulus, monetary inflation, and they see a scarce digital asset like bitcoin, specifically, being an important part of that thesis."

He also stated that he: “believes bitcoin's recent boom and bust cycles are part of the maturation of bitcoin as an asset class." and “said his clients are worried about monetary inflation and see bitcoin as a hedge.”

This makes sense to me, especially as bitcoin and other popular cryptocurrencies continue to gain widespread approval.

Finally, more and more financial advisors are pushing their clients to purchase some crypto assets, as these valuable digital assets continue to be a solid financial strategy.

According to Financial Planning Association: “Some 14% of financial advisers have already added cryptocurrencies to their clients’ portfolios or are recommending it to them.”

They also found: “More than a quarter (26%) of advisers are planning to recommend or add crypto to their clients’ portfolios in the coming year.”

A report from MarketWatch explained: “Investors may also be drawn to cryptocurrencies lately because they view them as a hedge against inflation, which in the U.S. is hovering at a 13-year high.”

Whatever the case, it looks like bitcoin, dogecoin, ether and all the other cryptocurrencies aren’t going anywhere soon, and continue to be intriguing investments for millions of people.

#bitcoin #cryptocurrency #crypto

Source: https://apple.news/AFqo2_vl9T1CVfYFawQZC9A

https://www.businessinsider.com/bitcoin-digital-gold-narrative-institutional-clients-fidelity-digital-assets-president-2021-6

https://www.marketwatch.com/story/no-financial-advisers-expected-to-recommend-bitcoin-and-dogecoin-to-clients-heres-how-many-now-suggest-buying-crypto-11622568396

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