A big german bank, no wait hold my beer, the biggest german bank for (retail) savings just announced that they will setup a Crypto trading service for all their customers in Germany.
That’s not just big but huge. It means that there will possibly up to 50 million flowing into the crypto market. We are not talking of Dollars or Euros, we are talking of bank clients.
And it’s more than likely that other German and/or European banks will follow sooner than later.
Here is the source of the announcement. It’s in german, will add an English source later once I have found one.
Source (????????): https://t3n.de/news/sparkassen-wollen-handel-bitcoin-1436902/
Source (????????): https://cryptopotato.com/german-savings-banks-association-may-offer-a-crypto-wallet-in-2022/
Edit 1: This comment by u/DazingF1 adds valuable context to this post in general and to my bullish sentiment in particular.
Edit 2: And yes I know market is down again right now. However, I am not bullish for the next 3 hours but for the upcoming 3 years.
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