The "Wall Street" of the fighting nation has also joined the game! Bitcoin is making a big step from the wild world to the traditional financial table!
Russia's largest state-run exchange - the Moscow Exchange, has just announced that they have opened Bitcoin futures trading for their "qualified investors"! What does this mean?
Imagine, in the past, wealthy Russians wanting to play with Bitcoin either had to take risks by managing wallets to buy spot, or find some obscure trading exchanges. Now, it's great, the national-level "shopping mall" right at their doorstep has opened a special counter! Although currently only available to VIPs, this signal is glaring!
To be honest, my first reaction upon seeing this news was excitement! Another heavyweight in traditional finance has recognized Bitcoin as a tradable asset. This undoubtedly gives the entire crypto world another shot of adrenaline! It feels like we're one step closer to the day when "old money" will flood in on a large scale. However, excitement aside, we must remain calm: futures themselves are a double-edged sword; with leverage, the volatility will be more thrilling, and the risks will also be greater. Moreover, it currently only serves "qualified investors", and ordinary folks still can’t participate; the threshold is still there.
Moscow has given the green light, do you think this wave of traditional institutions entering the market will completely ignite the next round of行情 (market trend)? Let's discuss in the comments! Recently, I plan to lay low with a potential coin that's ready to explode, doubling is quite simple, and expecting a space of over 10 times is not a problem. If you want to keep up, follow me for free sharing!