Now, I realize this happened last August.
However, in my process of learning, and understanding the long term prospects of cryptocurrency, things like this are extremely important.
Getting approval to sell crypto futures by the CFTC is a great thing!
Here is an article discussing it:
https://www.cnn.com/2023/08/16/investing/coinbase-crypto-futures/index.html
Now, I have written about how I believe certain events are going to be seen as pivotal moments in the gradual broad social acceptance of cryptocurrency. These things are very important. I am not sure if I missed this back then, or if it was not made to be a big deal.
IT IS A BIG DEAL! At least in my opinion.
Now, we are still waiting on the Coinbase vs SEC outcome, expected this spring. We are also awaiting the outcome of the SEC's appeal of the Ripple decision.
There are many predicting the next bull run has begun. We will see if it truly happens in 2024. There are signs that it is. However, these decisions, and the ones I mention (among many others) will determine how high and how fast the market rises.
I believe we may have a large dip before the take off. We will see.