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Tag Archives: Recession

Crypto Remains in Recession with Only 25% of Bitcoin Moved in 2018

Twitter Facebook LinkedIn Throughout this year, during a 69 percent correction, only 25 percent of Bitcoin were moved between addresses, suggesting that 75 percent of Bitcoin had not changed hands. That is nearly a 58 percent decline in Bitcoin user activity since 2017, during a period in which BTC  surged to a new all-time high at $20,000 and the cryptocurrency ...

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Ex-Bitcoin Skeptic Ron Paul Says Crypto Could Prevent Recession

Twitter Facebook Retired US Congressman Ron Paul, a one-time bitcoin skeptic, called for a tax exemption on all cryptocurrencies, saying the move could prevent an economic recession. Ron Paul, the father of current United States Senator Rand Paul, made the suggestion in a blog post entitled “Trump Is Right, the Fed Is Crazy,” where he blasted the Federal Reserve for manipulating interest ...

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Poll: Majority of Investors Believe Cryptocurrency will Appreciate During a Recession, Begs Usability Questions

Fundstrat Global Advisors found in a poll among institutional investors and twitter users that a majority of individuals believe that cryptocurrency prices will rise during a recession. The poll found that 72% of institutional investors believed that cryptocurrency prices will increase during a recession, while 59% agreed via the twitter poll. The institutional investor sample size was 25, while the ...

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Survey: 72% of Institutional Investors Believe Crypto Prices Would Rise in a Recession

A new survey conducted by Fundstrat Global Advisors has found that 72% of institutional investors believed that cryptocurrency prices would rise in the case of a global recession. This is mainly due to the belief that non-governmental and retail market-related investments would be seen as a safe haven due to their distance from traditional markets. The Fundstrat survey results were corroborated ...

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