According to ME News, on September 18 (UTC+8), at the Avalanche summit in New York, renowned investor Kevin O'Leary stated that he is acquiring new cryptocurrency positions in anticipation of the next cycle and is closely monitoring the adoption of blockchain technology by mainstream securities exchanges. He added that the next phase of cryptocurrency investing lies in identifying which blockchains will achieve widespread adoption in specific sectors, and emphasized that mainstream securities exchanges adopting blockchain technology would be a significant "watershed moment." (Source: PANews)
Kevin O'Leary Buys Crypto, Calls Blockchain Adoption by Major Exchanges a 'Watershed Moment'
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Summary
Kevin O'Leary is establishing new crypto positions, focusing on value investing in crypto for the next cycle. Speaking at the Avalanche Summit, he highlighted blockchain adoption by major exchanges as a key trend. O'Leary said the next phase will involve identifying which blockchain gains traction in specific fields. He called the move a 'watershed moment' for the industry. Technical analysis for crypto will play a role in shaping entry points for investors.
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