Economic conditions become increasingly turbulent after a decade of stimulative monetary policy & negative interest rate policies. A forward-looking indicator which has preceded every recession since the 1950s has recently signalled that a recession is in store. The limited evidence we have suggests Bitcoin has little downside risk in the event of an economic crisis. […]
One of the biggest developments during the week was the announcement that crypto-lending company BlockFi will be launching an interest-earning deposit account.