According to the NY Fed model, the probability of a global recession now stands at 32.9 percent the highest in 12 years. Any slip will pump Bitcoin (BTC).
With an economy in tatter and Christine Lagarde soon to take over as head of ECB, an analyst recommends stashing Bitcoin amongst other safe havens.
Bitcoin time is ripe following the announcement that Tim Horton, a Canadian quick service restaurant chain, won't be accepting $100 bills due to fake notes.
Funny enough, British Airways the British carrier was fined 1.5 percent of their total revenue-roughly $230 million highlighting the need of blockchain.
Deutsche Bank is slashing 18,000 jobs in a bid to remain profitable. However, blockchain adoption may be the only route for profitability.
As ECB becomes more political, Ripple and XRP may flourish under Lagarde's tenure as she takes over from crypto skeptic, Mario Draghi.