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Despite headlines that the biggest coffee chain in the world will soon begin accepting Bitcoin, the crypto space is under pressure this morning (led by Bitcoin) following comments from Goldman Sachs that "further declines" are expected.
No doubt the ad ban will slow adoption, and the data we present here shows why that is important. But just because Google forbids advertising doesn’t condemn an industry to failure. People always find a way...
Welcome to the post-Janet Yellen era which sees the month of February begin with solid risk appetite as S&P futures initially rallied out of the gate only to fade into the European session, as 10Y Treasury yields spiked.