Altcoins like Ripple, Ethereum, and Tron posting significant gains in the first week of 2018. Decred Project Lead Jake Yocom-Piatt explains why these alternative currencies are surging.
"For all we know Bitcoin may fall, but for right now it's the dominant cryptocurrency," said Yocom-Piatt. "Currently there's 1,500 cryptocurrencies out there and the collective market cap of these keeps going up."
Decred's market cap has recently exceeded $700 million. Yocom-Piatt says he's seen a 200 x increase in exchange rate. Decred is centered around decentralization. "It's nice to see the financial metrics catching up with what I perceive to be the technological achievements," said Yocom-Piatt.
Companies are making money, the economy is cooling down, and a rate cut or two possible by the fall? It might be time to break out the cautious optimism.
Fed Chair Jerome Powell reported that rates would likely remain elevated due to sticky inflation. Zillow breaks down how this could impact the housing market.
Amanda Chin, SVP of Marketing for the Golden State Warriors, stops by Cheddar to debut Valkyries name and logo and talks why women sports is good for business.
The return of ‘meme stocks’ don’t mean it’s time to panic about the stock market. If you want something to worry about… look no further than inflation.
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