BlackRock CEO says he was wrong about Bitcoin, plus major altseason indicators

Bitcoin continued its whiplash-inducing rally into the night last night, slowed only by Mt. Gox moving over 140K BTC, spooking onlookers. Nevertheless, in under a week, the Crypto Fear & Greed Index has rocketed from ‘Extreme Fear’ to ‘Greed,’  and it’s no wonder why; the spot Bitcoin ETFs have continued to see heavy inflows, BlackRock's CEO, Larry Fink, admits he was wrong about Bitcoin and that it is a ‘legitimate financial instrument,' and the spot Ether ETFs may begin trading next week. Then, after many false dawns, could the indicators really be pointing toward altseason at last, or is it more hopium?Further reading:Bitcoin indicators flash ‘greed and FOMO’ as ETF inflows top $300MBTC price all-time high in July? 5 things to know in Bitcoin this weekBTC price demands $63K flip as BlackRock CEO calls Bitcoin ‘legitimate’BlackRock’s Larry Fink says he was wrong, calls Bitcoin digital goldSEC requests final S-1 submissions for Ether ETF launchTether hires Chainalysis’ chief economist for USDT usage reportsTime for altseason? Analysts say altcoin market is near ‘momentum bottom’So, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.