5 Reasons for Cautious Optimism in Crypto
While traditional markets continue to flail, bitcoin (BTC) and crypto in general are showing surprising resilience and attracting new audiences.
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.
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
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.
Disclosure Read More
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
