Capitalizations Index – B ∞/21M
If you’re ever so unfortunate as to become the victim of a bitcoin theft, there’s very little chance that you will ever see your cryptocurrency assets again. For this reason, security experts have suggested that only a fraction of these cases ever get reported, as victims believe they are not likely to retrieve stolen cryptocurrency. …
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zerohedge.com / by Tyler Durden / Mar 30, 2017 3:02 PM
According to RBC’s cross-asset strategist, Charlie McElligott, two things are behind today’s (painfully volumeless) market rally: i) a return of “policy divergence”, following yesterday’s hawkish announcements by the Fed (“up to 4 hikes”) offset by dovish hints by the ECB, which in turn is powering the dollar higher, and ii) OPEC “deal extension speculation” pushing oil prices higher. The result: the general reflation trade is back on.
Here are the full details from McElligott who writes that “Risk Is Rallying On The Return of “Policy Divergence” and Higher Crude”
“Major key” alert (H/T DJ Khaled) as a return of ‘policy DIVERGENCE’ powers ‘higher Dollar’ and OPEC deal extension talk powers ‘higher crude’—in turn driving risk-assets to best levels of the week.
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IMF Poll: Cryptocurrency Payments Will Be Mainstream By 2024 An ongoing poll by the IMF shows that more people believe that cryptocurrency will be the most popular payment means for lunch by 2024. More People […]
