VanEck Director Hints At Something Coming To Bitcoin Bigger Than Coinbase IPO

Tony "The Bull" Severino

1 year ago

2 mins read

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A discussion recently broke out on crypto Twitter speculating about the importance of the upcoming Coinbase IPO and its impact on Bitcoin and the greater cryptocurrency industry. And while there’s no denying the significance of a stock market listing for one of the most recognizable crypto brands in the world, another finance exec has been hinting at something potentially “bigger” that’s on the way. But what could it be?

How The Coinbase IPO Could Be A “Huge Catalyst” For The Cryptocurrency Market

The cryptocurrency market is just about thawed completely from its long bear market and crypto winter. Trends are blossoming once again, investors are seeing green, and interest is slowly returning.

DeFi is definitely helping things along, as is Bitcoin retaking $10,000 and holding above it strong thus far. But could the magic from the last bubble with Bitcoin suddenly on everyone’s minds and an explosion of new money happen yet again?

Possibly, and the upcoming rumored Coinbase IPO could be the catalyst for the media blitz and investor FOMO that would be required to inflate any such bubble again.

The excitement from crypto, for the first time, would spill into the stock market and potentially pique the curiosity and interest of institutional investors at a higher rate.

And with what happened with just retail coming in the last time around, the next crypto bubble could be a lot larger.

What Exactly Could VanEck’s Digital Asset Director Be Teasing Related To Bitcoin That’s Bigger?

It’s not just another bubble that could be bigger, but the digital asset director for VanEck Gabor Gurbacs has also been teasing something he says could be “bigger” than the Coinbase IPO. The self-proclaimed Bitcoiner was asked by the onlooking audience if it was what crypto investors from 2018 would have killed for at the time: a Bitcoin ETF.

Will be exciting. Also…something bigger than Coinbase is coming.;)

— Gabor Gurbacs (@gaborgurbacs) September 11, 2020

During the bear market, nearly every high was matched with peak ETF speculation, followed by a denial and drop in prices. In 2019, the narrative turned to Bakkt. This year, there’s no magic savior for the crypto market needed–it is doing just fine.

DeFi is booming and more sustainable than the ICO trend. Bitcoin’s above $10,000, and there’s so much positive going on in the space. The dollar is in trouble for the first time ever, and the world is moving towards an all-digital daily life.

Whatever it may be bigger than Coinbase that Gurbacs is teasing, may not even matter, as the catalyst is Bitcoin and crypto itself–and its already here once again. Google Search terms, technicals, and just about all other signs also point to a new uptrend.

While whatever is coming is certainly exciting, no catalyst may be needed this time around with the current trajectory and momentum crypto has behind it.

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

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