The Dow Jones, S&P 500, and Nasdaq are all trading down, if BTC can break this correlation with traditional markets it could go up significantly

Traditional markets are making a massive decline from yesterday’s rebound, and an extension of the downwards momentum that has been incurred throughout the past several weeks. Assuming that the stock market continues declining in the days and weeks ahead, if Bitcoin is able to stabilize it could instantly confirm the previously held “safe haven” narrative, thus giving it room to...

Bitcoin as a remedy for restricted economies?

Analysis of LocalBitcoins data shows that Bitcoin has exceptionally high rates of usage in countries with low economic freedom, supporting the argument that BTC is sound, unstoppable money. Understanding LocalBitcoins Established in 2012, LocalBitcoins is the world’s most popular and longest-standing peer-to-peer Bitcoin exchange. The service facilitates cash-to-BTC trades in 249 countries with a global average weekly volume of 8,988...