Cryptos are gaining more and more popularity in the financial sector.
More optimistic price-related predictions are also popping up in the crypto space especially since the bulls returned last week.
As you know by now, Bitcoin surged a lot, and there were reportedly three main reasons for which this happened, and these were mentioned by Gabor Gurbacs.
“CME Bitcoin futures expired
President Xi Jinping supports blockchain in China.
Crypto Capital CEO arrested. Exchanges, such as Bitfinex, may get some of the seized 850 million back.”
Addressing Monero (XMR)
Jeffrey David Berwick is a renowned anarcho-capitalist, and he’s been recently interviewed on Fox News after he became a crypto enthusiast.
It’s also worth mentioning that OurBitcoinNews reported that Bloomberg has spoken with the man as well regarding the growth of cryptos in the financial sector.
The online publication writes that in the video, Jeff is referring to Facebook’s controversial Libra but also to the lost vision of Satoshi Nakamoto and the way in which these days, governments all over the world are keeping tabs of crypto transactions.
“Berwick then moved on to privacy-centric projects like Monero. He talked about how several organizations working alongside various ruling regimes wish to stamp out the existence of privacy entirely to prevent HAMAS, ISIS and other terrorist groups from being funded with cryptocurrencies,” the online publication writes.
They continued and pointed out the fact that Berwick “denounced the German lawmakers for looking down on Monero and condemned the fishing expedition conducted by the IMF, the Federal Reserve, etc.”
https://youtu.be/4opkba6EgPU
Watch the video in order to learn more.
Monero’s price
Regarding XMR’s price, after the bulls came back to the crypto market last week, XMR was boosted as well.
Now, the privacy-oriented coin sits on the 13th position on CMC, and at the moment of writing this article, it’s trading in the green.
XMR is priced above $61.
