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With the current macroeconomic crisis unfolding and many European countries at risk of debt defaults, bitcoin enters the ring as a neutral reserve asset.
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Brandon Green to talk about how the European debt crisis is bullish for bitcoin.
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Even the most bullish Bitcoiners are drastically underestimating the inevitable and meteoric rise of bitcoin as it becomes adopted on a global scale.
This is a transcribed version of the Bitcoin Magazine Podcast, hosted by P and Q. In this episode, they are joined by Christian Keroles to talk about how even the most bullish Bitcoiners are not bullish enough on the positive benefits Bitcoin will have for the world.
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Listen To The Episode Here
Silvergate posted strong second-quarter earnings, outperforming its crypto peers’ due to strong risk management.
CoinDesk
The crypto market’s steep selloff over the last few days has driven the total market capitalization of all cryptocurrencies from a high of $ 294.9 billion to lows of $ 249.1 billion this week. That’s a drop of over 15 percent in less than five days. As a result, many coins – including large-caps – plummeted […]
The post 3 Battered Cryptos Are Flashing Bullish Signals – Hint: One is Ripple appeared first on CCN Markets
Despite the recent fall of Bitcoin, experts have not yet abandoned their bullish sentiment. In fact, it seems that current events have only served to reinforce this perception. While it is true that bitcoin experienced a sharp drop, breaking essential supports for swing and day traders, in a long term vision it is possible that […]
The post Bitcoin Still ‘Wildly Bullish’ Despite Sharp Recent Retreat, Experts Say appeared first on CCN Markets
Bitcoin is having a mixed July so far. The price of the flagship cryptocurrency has hit a slump of late after beginning the month on a solid footing thanks to President Trump’s latest tirade and the aspersions being cast on Facebook’s Libra cryptocurrency. But despite the recent dip in bitcoin prices, one trader still believes […]
The post $ 16,000: Crypto Trader Screams Bullish Green Bitcoin Price in July appeared first on CCN Markets
Gold is holding near 6-year highs amid Friday’s non-farm payrolls (NFP) data. The yellow metal looks set to record another week of bullish gains after smashing through previous resistance at $ 1,360. Prices have not rallied this hard since 2011 when investors were piling into commodities on the back of an epic decade-long bull run. Traders […]
The post Gold Shines Near 6-Year Highs As Bullish Run Continues appeared first on CCN Markets
In a move that will surely raise a few eyebrows, rideshare behemoth Uber is bolstering its helicopter service. This month, those with the means will be able to hail an Uber helicopter to go from Manhattan to JFK in under 10 minutes. Starting this month, Uber is offering helicopter rides in New York City pic.twitter.com/lju3K3WxqC […]
The post Uber Expands Helicopter Rides. Here’s Why It’s a Bullish Sign appeared first on CCN Markets
Global stocks saw a boost in sentiment on Monday following the resumption of trade talks between the U.S. and China. The Dow Jones has remained stable in the 26,700-point region throughout the past week, and the SSE Composite, a stock market index of all stocks that are traded at the Shanghai Stock Exchange, surged by […]
The post Stocks Eye Bullish Boost as Fed Ignores Trump-Xi Truce appeared first on CCN Markets
On June 27, billionaire investor and Galaxy Digital CEO Mike Novogratz said in an interview with CNBC that he wished he had sold more when the bitcoin price achieved a new 2019 high at $ 13,800. After reaching its yearly high, the bitcoin price dropped by around 30 percent against the U.S. dollar, experiencing an expected […]
The post Bullish Billionaire Investor Regrets Not Selling Bitcoin at $ 13,800 appeared first on CCN Markets
The BTC price has an 80.8 percent correlation to internet searches for bitcoin. That could be good news for future price movements. Olga Andrienko, head of global marketing at SEMrush, found a strong correlation between the two, telling MarketWatch: “We also identified that there’s an 80.8% correlation ratio between Google searches and bitcoin price.” The […]
The post Bitcoin Searches Regain Stride Alongside Bullish BTC Price appeared first on CCN Markets
By CCN Markets: The old adage “a rising tide lifts all boats” appears to be more applicable to the crypto market than perhaps any other asset class. Need proof? Just look at the resounding impact the looming bitcoin halving is having on virtually every major cryptocurrency. The Halving is Bullish for the Bitcoin Price For those who are not familiar, the bitcoin halving is a much-anticipated event in which BTC block rewards are reduced by 50 percent. One halving happens every four years. From an economic standpoint, the bitcoin halving is a bullish event because it significantly reduces the inflation
By CCN Markets: The net valuation of the cryptocurrency market on Friday flew above $ 300 billion for the first time in the last 372 days. Data assembled by CoinMarketCap.com shows that the cryptocurrency market capitalization touched approx $ 303.42 billion as of 1137 UTC today, its highest since June 13, 2018. That brought the market’s net bottom-rebound to as much as 196 percent, including a 143 percent gain on a year-to-date basis. A massive chunk of the cryptocurrency market’s gains on Friday came from bitcoin. The dominant digital asset today came closer to testing the $ 9,900 level, bringing its market capitalization to
By CCN Markets: In the past week, the valuation of the crypto market has increased from $ 252 billion to $ 288 billion by over $ 36 billion as the bitcoin price climbed to $ 9,391 on major exchanges like Bitstamp and Coinbase. According to traders, bitcoin has been “extremely bullish” in recent weeks based on technical indicators and is set to see resistance at $ 9,500 in the near term. Can crypto market and bitcoin continue to sustain momentum Up until December 2018, the general sentiment around the near to medium term performance of the crypto market was gloomy; investors foresaw a brutal bear
By CCN Markets: The Italian government is mulling the decision to issue a “parallel currency” in a move that could plunge the eurozone into crisis – and provide the best case yet for mass bitcoin adoption. In the same week, the Italian deputy prime minister proposed a tax grab on cash and valuables stored in safety deposit boxes. These crisis policies expose deep cracks in the fiat monetary system. The move prompted money historian Rebecca L. Spang to call for a new foundation of money. “The time has come for a new, more equitable, version of money.” While she doesn’t
XRP (XRP) investors have another reason to celebrate after a major technical indicator made a bullish crossover on Tuesday. According to the XRP/USD chart, the altcoin’s 50-day moving average has moved above the 200-day moving average — a chart pattern known as a golden cross that is typically seen as an indication that a major […]
SludgeFeed
Digital asset markets have been surging over the last 24 hours as the market valuation of the entire cryptoconomy has gained over $ 20 billion. Moreover, global trade volume has been significant, crossing $ 85 billion worth of coins swapped in the last day.
