Diginex CEO: Fed rate hike could help Bitcoin

2020-8-10 23:35
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Richard Byworth, CEO of cryptocurrency and blockchain services company Diginex, announced on August 10 that Bitcoin could benefit from Fed-induced inflation. It has been argued that the Fed's plan to raise inflation has increased Bitcoin awareness among trading companies. At the same time, the size of the cryptocurrency derivatives market is increasing as future cryptocurrency products are reported as volatile.

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Crypto Analyst: Recently the crypto market is in the early stages of the bull market.
Meanwhile, cryptocurrency analyst Willy Woo tweeted on August 10 that the bull market started in April 2019. And more recently, the cryptocurrency market is at a stage of the start of the bullfight. which resumed in the fourth quarter of 2016. But now the dynamics and the main differences are in the works. In this cycle, BTC will prove to be a legitimate class macro-inheritance for traditional investors, and in the next cycle, it will once again succeed in becoming the leading digital price market in the digital age. We hope that the positive funds will be distributed in this cycle and beyond. And one of the hottest topics is Bitcoin legalization for large financial institutions like Square Cash and PayPal. It has also been reported that ETH has moved to a platform for DeFi rather than a platform for ICOs. Some would say this is another platform for the Ponzi scheme, but it cannot be denied that the experience is part of the whole of crypto.
2020-8-10 23:26