I have never met a man so ignorant that I couldn't learn something from him. -Galileo Galilei
CoinSheet #209
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COIN BULLETIN
Coinbase Custody is Officially Open For Business
You were waiting for bullish news, so here you go.
Rumors have it that around $20 billion in potential crypto investments have been sitting on the sidelines, waiting to be on-boarded. And now they should be?
Now at this point we're going to get even more unscientific. (You know me)
JP Morgan estimated in Nov 2017 only $6bn of fiat entered crypto through ETH and BTC on-ramps to support a total market cap of $300bn. (Go follow Kunyi on Twitter below)
Okay so let's do the math...
We got $6 billion translating to a $300 billion market cap.
