Twitter's CEO says Bitcoin will be the next big breakthrough

[Harsh Bhutani]

Bitcoin Cheers Remarks from Twitter’s CEO and Central Banks’ Chief

Jack Dorsey says that virtual currencies built using distributed ledgers will be the next big breakthrough. In addition, Mark Carney, head of the Financial Stability Board (FSB) and the Governor of the Bank of England says crypto assets “do not pose risks” to the global economy.

 

[The CC Forums]

Prices remain up from last week’s lows although a little weakness today. I think we see sideways for another week or two then an April rally.

 

[Harsh Bhutani]

I am expecting the same. I believe crypto-assets are forming a base at the current level before they shoot up in the near future.

 

[The CC Forums]

And after banning crypto ads, we hear that Google is planning a blockchain distributed ledger of their own.

Article mentions several prior Alphabet investments in other crypto companies. Surely Google knows it has to be decentralized rather than a private controlled network. So is this good or bad news for the market overall?

https://www.ccn.com/google-will-create-its-own-blockchain-in-the-future/

 

[CryptoTC]

The market didn’t respond to any good news after Monday.

Japan plans a crypto exchange while also hassling Binance.

Crypto friendly areas will end up benefiting from people pushing exchanges out.