Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Thursday, August 3, 2023

Bitcoin And The Fitch US Debt Downgrade To AA+





Bitcoin's recent price advance will be barely affected by the Fitch Rating US debt downgrade to AA+.

Bitcoin and cryptocurrencies have formed as something of a safe heaven during the Russia Ukraine conflict.

Money flows into Bitcoin, Ethereum, Ripple to search for a safe harbour from the current geopolitical tumult. In addition, Bitcoin crypto transactions are anonymous or very difficult to trace, there is now relatively better liquidity in the crypto market and cryptocurrencies provide for investment diversification.

The recent court decision regarding Ripple could be a game changer for cryptocurrencies and the Blockchain technologies.

Many leading internet technology sites list Artificial Intelligence, AI and its application the Bitcoin's blockchain as the most promising technologies for the next 10 years.

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