Big names are coming in what does this mean for crypto

[VericaSuvic]

Just in a while back saw some news about Microsoft thinking to buying in BTC, well if they do buy in that will sure move the market even more, plus not to mention big bags like BlackRock already have accumulated a very high amount in BTC, what are your thoughts on this, it a good thing but I feel it's now becoming a race for which big company owns more BTC

 

[EMMANUEL]

When big names like Tesla, PayPal, and BlackRock enter the cryptocurrency market, it can have a major impact. Their involvement lends credibility to the space, making it more attractive to traditional investors and the general public. This can lead to broader adoption and usage of cryptocurrencies, as more businesses and consumers start to see them as viable financial tools.

 

[Nomad]

It will boost confidence in the normal people because they always take a cue form big names to make investment decisions