This is probably one of the best news to come out for the crypto world in the last few weeks.
These are the key comments from the G20 summit:
"The FSB's initial assessment is that crypto-assets do not pose risks to global financial stability at this time. This is in part because they are small relative to the financial system."
"Even at their recent peak, their (cryptocurrencies) combined global market value was less than 1% of global GDP,"
"In comparison, just prior to the global financial crisis (in 2008), the notional value of credit default swaps was 100% of global GDP".
This will have a good impact on the crypto markets but I still don't think we are out of the bear markets just yet there might be another dip so I am gradually buy in.
However this was probably not the best new to com out yesterday.
Saudi Arabia have come out with some good news on woman right's. I have really optimistic when I read these news but people are now saying although it is a step in the right direction, things are not changing so I am not too sure about it. I know it is a complicated situation but I hope it all get sorted soon!
Two best news I’ve heard in the past few weeks, hopefully this carries onto the new week! My question is which one are you surprised by the most? I really wasn’t expecting good news to come out from G20 summit so this is brilliant news for us. (Still I don’t think we are out of the bear market yet) And about equal gender pay in Saudi Arabia is nothing short of extraordinary; definitely a step in the right direction of a long path ahead #equality
Coinbase is my preferred company as they are fully insured. They are the safest and most secure option available to us. Use the link below for free $10. https://www.coinbase.com/join/5a2b14e...
My preferred exchange for altcoins is BINANCE. There are many exchanges that get hacked and do not have high trading volume, so please do your own research before transferring your money to the exchange. If you would like to join binance here is a link https://www.binance.com/?ref=21383919
If you have any questions, please comment below.
Regards,
Rocko
https://twitter.com/RockstarCryto
Disclaimer: I am not a licensed financial advisor! I have done extensive research and I have been investing and trading for a very long time but still this is not financial advise. Be safe, do your own research and dont invest what you can't afford to lose!