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Topic: VERY BULLISH SIGN ==> Cryptocurrency Exchange Poloniex Has Been Bought by Circle (Read 119 times)

jr. member
Activity: 140
Merit: 8
The total marketcap did make a jump from 433 billion to 454 billion for today. A lot of people are expecting a huge bull run in the near future because the past has shown when there was a big crash, the market would recover and we would reach all new ath.

Hopefully the news of Poloniex being bought is the first wave of strong bullish news to rejuvenate the bearish market and we can go back to the over 800 billion marketcap we were at before.
member
Activity: 560
Merit: 16
I agree , this is a bullish sign . In addition it is a good news for poloniex users , because this exchange lost their positions in a last year and there was a lot of rumors about preparing polo scam-exit . But now I expect a rebirth of poloniex exchange
member
Activity: 224
Merit: 11
VERY POSITIVE NEWS: Goldman Sachs-funded money-sending application, Circle, acquired the cryptocurrency exchange Poloniex for $400 mln.
It may mean a future mainstream adoption, less volatility and more stability in the crypto space.
member
Activity: 350
Merit: 10
and this circle company is backed by Goldman Sachs , so it is in safe hands .

also it proves big giants are taking crypto seriously now , still it is just start .
member
Activity: 308
Merit: 11
Decentralize $15-Trillion Global Trade Industry
VERY BULLISH SIGN ==> Cryptocurrency Exchange Poloniex Has Been Bought by Circle

Now I feel that crypto is taken very very seriously.
Purhaps for the time being such deal is the easiest way to put BIG money into crypto without huge pumping effect on the market. Big money found their way to get in.

I am providing a link below as a proof.
https://news.bitcoin.com/cryptocurrency-exchange-poloniex-bought-circle/
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