On CNBC’s Fast Money, Brian Kelly, CEO of BKCM, mentioned three vital factors which could push Bitcoin back to its former (2017) highs and see a complete recovery in the future.
In our recent post, we revealed that the CEO of Twitter and Square, Jack Dorsey, showed his interest in Bitcoin, the flagship cryptocurrency. Above all, he buys a maximum of $10,000 worth of BTC using fiat currency on a weekly basis.
The CEO revealed all these during a podcast called ‘Tales from the Crypt’ on March 4. Jack sees cryptocurrency and blockchain as the way he looks at Twitter, and he is optimistic BTC will become an international native currency for the internet.
We discuss everything from how Jack came to find & experiment with Bitcoin, the parallels between early Twitter and Bitcoin, pseudonymity, Bitcoin's effect on the State, & much more.
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Green Monthly Candle
Jack also emphasized that financial institutions should look at digital currencies as an equivalent to blockchain instead of viewing them as a threat.
At the beginning of this month, BTC saw its first green monthly candle since July last year (almost nine months). It is a net monthly gain. For the whole of February, the leading crypto by market cap rebounded from $3,413 to $3,791.
Read the details in the article of Coinidol dot com, the world blockchain news outlet:
https://coinidol.com/dorsey-bitcoin-prophecy/