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Micro Cap Watch List — Friday 1st October 2021
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This week’s Micro Cap Watch List is now live
Happy Friday!
It’s been a rollercoaster week in the crypto market with the week ending 8% up. There was some positive news which provided further evidence that crypto is here to stay.
Firstly the Chairman of the Fed, Jerome Powell, told congress he did not intend to ban cryptocurrency, although he said stablecoins needed greater regulatory oversight. Secondly, the massive recent negativity surrounding China’s ban on crypto looks to have been overdone as usual. It is evident that the Chinese crypto enthusiast has no intention of letting the crypto revolution pass him by. It appears as though they have started trading through DEX’s as witnessed by the surge in trade on Dydx.
Finally the Chair of the SEC said that he supported a bitcoin ETF, another positive step forward for the industry. So…