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Much like Las Vegas casinos, the trading platforms Coinbase, Kraken, Bitmex, Circle, etc. are really the big winners in cryptocurrency.
With few exceptions, cryptocurrencies have no underlying fundamentals… This means they will continue to swing wildly with huge volatility.
This is dangerous for investors, but pure gold for trading platforms that profit from each trade.
When the big banks, institutional players and hedge funds refer to cryptocurrency being the biggest opportunity since the Internet, this is what they’re referring to.