Chain News by Thebittimes.Com

Brian Armstrong. Source: a video screenshot, CNBC / YouTube Coinbase CEO Brian Armstrong has forecasted that Bitcoin will become a serious flight-to-safety asset within the next five or 10 years.  In an episode of Coinbase’s Around the Block podcast, titled "The State of Crypto and Where It’s Headed with Pomp," said the flagship cryptocurrency' s market capitalization is not yet big enough to act as a serious flight-to-safety asset. However, that could change in the next five or 10 years, when the crypto economy grows to become "a significant enough percentage of the global economy ." Only after that, Bitcoin could be treated as digital gold in the sense that people do a flight to safety towards the asset when things go sour. "I think we’ll see that probably change over time. I could see in the next five or ten years as the crypto economy really becomes a bigger percentage of the global GDP that people will actually flee to Bitcoin ...

Cosmos Price Prediction – October 30 There has been a continual buying moment in the ATOM/USD market operations as the crypto-economic market increases points. Currently, all the signs are positive as the crypto economy Features around $13.71, leaving a tinier space between the high and the low values at an average of 1.69%. ATOM/USD Market Key Levels: Resistance levels: $15, $16, $17 Support levels: $12, $11, $10 ATOM/USD – Daily Chart The daily chart showcases the ATOM/USD market increases points over a trading spot of the SMA trend line s. The 14-day SMA indicator is at the $12.58 value line, above the $12.63 value line of the 50-day SMA indicator. The upper horizontal line drew at the $16 resistance level, and the lower counterpart drew at the $10 support level to show that the crypto economy is in a range-trading style. The Stochastic Oscillators have deeply dipped into the overbought region, keeping 99.20 and 98.81 range points. Will the ATOM/USD market push fo...