> The only thing I can't understand is why the price still pumps.
I know for a fact that there are private banks, the traditional ones (think Swiss banks), working on funds that'd let their HNWIs invest in crypto. We're talking about entry tickets to the tune of 1 million EUR minimum. It's not private/confidential infos: it's information some private banks are relaying to their very wealthy clients.
There are a lot of people who want to get in but have zero clue as to how to do that: now their traditional banks are going to let them do that.
There are simply people out there who want to buy.
I know for a fact that there are private banks, the traditional ones (think Swiss banks), working on funds that'd let their HNWIs invest in crypto. We're talking about entry tickets to the tune of 1 million EUR minimum. It's not private/confidential infos: it's information some private banks are relaying to their very wealthy clients.
There are a lot of people who want to get in but have zero clue as to how to do that: now their traditional banks are going to let them do that.
There are simply people out there who want to buy.