Bitcoin has been soaring lately and reached $13K today before retracing slightly. Billy will look into why Etheruem, Ripple, and Litecoin are following BTC as well as why Bitcoin is the ‘Single Best Hedge’ against traditional financial systems. He will also take a look at the Casascius Physical Bitcoin and US Customs seizing a ship owned by JPMorgan after authorities found $1 billion worth of drugs on it.
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References:
Bitcoin breakout coming? The cryptocurrency is already up 220% this year
https://twitter.com/Altcoinbuzzio/status/1148789183932071938?s=19
https://www.livemint.com/market/stock-market-news/bitcoin-breakout-coming-the-cryptocurrency-is-already-up-220-this-year-1562641392585.html
Bitcoin Is Soaring, Boosting Ethereum, Ripple's XRP And Litecoin--Here's Why
https://www.forbes.com/sites/billybambrough/2019/07/09/bitcoin-is-nudging-its-year-to-date-high-as-ethereum-ripples-xrp-and-litecoin-soar/#6e898ee5fc43
What is the Casascius Physical Bitcoin? Exploring an important part of Bitcoin’s history
https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/what-is-the-casascius-physical-bitcoin-exploring-an-important-part-of-bitcoins-history/
Bitcoin ‘Single Best Hedge’ Against Traditional Financial System, Says VC
https://cointelegraph.com/news/bitcoin-single-best-hedge-against-traditional-financial-system-says-vc
US Customs just seized a ship owned by JPMorgan after authorities found $1 billion worth of drugs on it
https://markets.businessinsider.com/news/stocks/cocaine-ship-jpmorgan-owns-vessel-seized-by-us-cbp-2019-7-1028340025
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