🇺🇸 According to :bloom::berg: Bloomberg, Citadel Securities (worth U.S. ~65 billion) is looking to become a liquidity provider for #Bitcoin & cryptocurrency. The primary effect of this would be stabilizing volatility.

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Discussion

Can they pull it off?

Shit. I don’t know if it is good or bad

Fuck Citadel

We don’t need third party stability.

🤔🧐

What do they mean with „liquidity Provider“?

Huge entity who sits next to the asset and buys and sells various amounts to stabilize it while the stabilization attracts more investors.

So they are trading kind of? Buying when everybody is selling and visa versa?

Yes, more or less.

Basically

Interesting

Institutional adoption is progressing! Less volatility means more trust—Bitcoin is maturing.

👍👏👏

Big players stepping in means increased liquidity and reduced volatility

👍

This will end well.

Good news

🚀

It can be good or bad.

No way !

That's good, but it would be somewhat difficult to stop some volatility

Yesir

A lot of dollars 🙄

🪙

🚀

Good 🥰

Excellent news and very good strategy.

Did someone shout BTFD inside there?

Meanwhile, normies think they've missed the boat...

This does indeed help to reduce volatility

I don't risk saying it's good news.

GM

Who need liquidity :/ when Bitcoin is the money.

🫡