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Why Global Deflation May Not Be Bad News for Bitcoin

Contrary to expectations, bitcoin could see a positive performance during a possible bout of global deflation.

By Omkar GodboleApr 24, 2020

Gold image via Shutterstock
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Latest Crypto News

Today
5:22 AM
Negative
Crypto darknet drug kingpin Rui-Siang Lin gets 30 years
U.S. prosecutors say the Taiwanese operator of the $105 Million Incognito Market used cryptocurrency and anonymity tools before investigators tied him to the platform through domain records and digital traces.
5:08 AM
Negative
'Big Short' Michael Burry flags “death spiral” after silver liquidations beat bitcoin
Tokenized silver futures logged one of the largest wipeouts across crypto markets, overtaking the usual leaders bitcoin and ether.
4:39 AM
Neutral
Tom Lee says BitMine’s $6 billion ether paper loss is “by design"
The firm said unrealized losses are expected in a downturn, arguing its ethereum-heavy balance sheet is designed to track and outperform ETH over a full market cycle.

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