Indeed it is very true that for now it is very appropriate to make the purchase of bitcoin or other crypto, and I believe that soon cryptocurrency prices will rise again.

More and more financial institutions are beginning to understand the cryptocurrency market.
The good news for the whole market is that the cryptocurrency market is becoming more specialized and regularized.

and microsoft's gates says it is bullshit, what a contradiction among those people! I think they realized the cost of being late for this market so they want both to beat us and to enter the market.

this was a good news for us. but it weird to hear facebook wanna make a cryptocurrency when google banned ads that support cryptocurrency.

Well this means that Bill Gates doesn't know everything in this world and it's without a doubt that this some good news that almost everyone who is an investor of cryptos would be very happy to hear.

A lot of banks are actually tempted to start with crypto currency. Not just trading but they want to introduce custodian service and managed crypto portfolio services as well. However, the challenge is with the current legal framework. While countries like Germany and Japan has shown as really progressive mindset, a lot of countries are still unsure on how to react on this entire crypto currency matter. That's what holding up banks from entering into crypto market. Otherwise we would have seen a lot of banks into this space by now!

In early 2019, the banking unit of the Japanese financial group Mitsubishi UFJ Financial Group (MUFG) plans to issue its own MUFG Coin crypto currency. A group of bank customers will be offered to download and run an application that automatically converts their deposits in yen to MUFG Coin at a rate of 1: 1. With the help of MUFG Coin, the customers of the bank will be able to pay in restaurants and shops, and also transfer funds to each other.
By the way, Mitsubishi UFJ Financial Group (MUFG) - the largest financial group in Japan and the second largest bank in the world.

Trends show us that soon everyone will want to make their "crypto". In fact, why should a bank use XRP and buy a coin issued by someone? You can create your own perfectly. To tell the truth, I would not call this 100% centralized and non-anonymous crap crypto currency. Simply, the next "electronic money."

Then, that would be a good news so that many people will truly believe that cryptocurrency is not a joke. Because there are a lit of people nowadats who regard bitcoin as something that is not good to trade because of its inconsistent price.

Now I don't know what this is going to do to the market itself, who knows if the banks are going to use their leverage in the market for good or for evil. But I do know that once this happens, and they start opening up their own exchanges that are backed by the full faith and trust of their large name. I do know that that is going to lead to more adoption and the increase in price for bitcoin -- once people see a household name involved with bitcoin (such as JPMORGAN, Citibank, etc) They're going to feel like it isn't a scam and get involved.

So maybe this is a good thing, at least initially.

there's a possibility