Bitcoin Is Good for US Dollar, Coinbase CEO Says
Coinbase CEO Brian Armstrong has argued that Bitcoin is actually a net positive for the US dollar, which is a rather contrarian take. In the 2010s, for comparison, the prevailing view was that Bitcoin could only succeed if the U.S. lost.Armstrong’s point is that BTC creates competition in…
There Is No XRP Supply Shock, Top Analyst Says
The narrative of an imminent "supply shock" for XRP, one of the leading altcoins, has been rejected by a prominent market analyst. Vet, a pseudonymous XRP Ledger validator, the market remains far too elastic to support the theory. To back up his argument, he has pointed to deep…