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“# Run, blockchain, run! DeFi adoption needs faster block times ” Global companies are implementing distributed ledger technologies in an attempt to gain efficiencies in areas such as global payments and supply chain transparency. Blockchain tech can replace slow, paper-based processes, as well as improve security. However, many of the platforms in use today suffer…
“# Reddit co-founder hoists the Bitcoin flag on Twitter amid price surge ” Reddit co-founder Alexis Ohanian has joined Twitter CEO Jack Dorsey and Tesla CEO Elon Musk in updating their Twitter bio to Bitcoin (BTC). Ohanian’s bio update seemed in response to a tweet by tech entrepreneur and former Coinbase chief technology officer Balaji…
“# US wealth manager adds 10,667 shares of GBTC as Bitcoin adoption grows ” Kingfisher Capital, a North Carolina wealth manager, has scooped up 10,667 shares of the Grayscale Bitcoin Trust, according to a recent filing with the United States Securities and Exchange Commission, or SEC. The filing, which appeared on the SEC website on…
“# Ray Dalio does 180 on Bitcoin, calls it ‘one hell of an invention’ ” Ray Dalio, the famed founder of Bridgewater Associates, called Bitcoin (BTC) “one hell of an invention,” adding that he’s considering digital-asset investing for clients wishing to protect against currency debasement. In a note to clients that was obtained by Bloomberg…
“# Bitcoin whale explains to Bloomberg why crypto volatility will decline ” Bitcoin’s (BTC) violent price swings could become a thing of the past as institutional buyers with stronger hands continue to push the asset higher, according to a prominent crypto whale. Eric Peters, the founder and CEO of One River Asset Management, told Bloomberg…
“# Binance survey finds that ‘hodlers’ still dominate crypto ” The majority of cryptocurrency users reportedly prefer to hold their crypto as part of a long-term investment strategy, according to a new survey by Binance Research. Released on Thursday, the survey report shows that as much as 55% of respondents own cryptocurrencies like Bitcoin (BTC)…
“# The mayor of Reno appears to be a LINK Marine ” As more jurisdictions explore the potential utility of blockchain technology and cryptocurrency, one American mayor suggested that she backs Chainlink — the most widely used oracle network for powering connected smart contracts. When Miami Mayor Francis Suarez announced that his municipality’s website would host Satoshi…
“# Survey finds 31% of Brits are crypto curious, but lacking information ” A recent United Kingdom-wide survey on attitudes to cryptocurrency showed that almost a third of respondents are curious about investing in digital assets. Crypto trading platform Ziglu commissioned the survey through OnePoll, a market research firm that polled 2,000 Britons. However, of…
“# Pragmatism: The true key to unlocking crypto mass adoption ” When Bitcoin (BTC) launched in 2009, it was motivated by the distrust of financial institutions and their fees and the inflationary practices by central banks during the Great Recession. Bitcoin was supposed to usher in an era of decentralization, financial inclusion and democratization. Yet…
“# BlackRock’s entry reflects a change in institutional outlook on crypto ” On Jan. 20, BlackRock, the world’s largest asset manager with over $8.7 trillion assets under management, appeared to have given the green light to two of its associated funds, BlackRock Global Allocation Fund Inc. and BlackRock Funds, to invest in Bitcoin futures. In…