BREAKDOWN: 5 Reasons for Cautious Optimism in Crypto

While traditional markets continue to flail, bitcoin and crypto are showing surprising resilience and attracting new audiences.

Apr 2, 2020

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ABOUT

The economic outlook is grim. The jobless claims keep piling up and even the most intransigent states are shutting down business. There isn’t - yet - a realistic plan - for returning to any sort of economic normalcy.

Yet in this bleak view, there are a handful of crypto indicators that suggest for cautious optimism. In this episode, @NLW discusses:

The crypto community’s volatility resilience
A significant uptick in Stablecoin issuance
Proof that bitcoiners have been buying the dip
Evidence that new audiences are finding their way to bitcoin (and perhaps with a sound money narrative in mind)
Binance’s acquisition of CMC and the power of M&A signals

HOST

CoinDesk

CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.

We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.