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Coinbase CEO Reveals Main Catalysts for Bitcoin

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Bitcoin (BTC) has been trading sideways over the past few weeks. After a season of pullback, Bitcoin could make a strong comeback, according to Coinbase CEO Brian Armstrong.

He revealed the next Bull Run would be driven by the entrance of institutional investors into the industry as institutions are putting $200-400 million a week into cryptocurrencies.

And because of the herd mentality of institutions, the move will likely trigger a chain reaction among other institutional investors.

“Whether institutions were going to adopt crypto or not was an open question about 12 months ago. I think it’s safe to say we ...

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