Weekly Wrap Up #15

Quote of the week: “BITO will open up exposure to Bitcoin to a large segment of investors who have a brokerage account and are comfortable buying stocks and ETFs, but do not desire to go through the hassle and learning curve of establishing another account with a cryptocurrency provider and creating a Bitcoin wallet or are […]

Weekly Wrap Up #14

Quote of the week: It is not possible to, I think, destroy crypto but it is possible for governments to slow down its advancement.” – Elon Musk. Source: https://news.bitcoin.com/tesla-ceo-elon-musk-opposes-governments-regulating-crypto-says-they-should-do-nothing/ Alpha Sigma Capital News: Alan J. Ginsberg Joins Alpha Sigma Capital’s Board of Advisors: Mr. Alan J. Ginsberg has more than 35 years of experience in […]

Weekly Wrap Up #13

Quote of the week: “I think it [cryptocurrencies] could have some real upside. My sense is there are more buyers than sellers. It’s an asset class that I think is durable.” – Rick Rieder, BlackRock’s chief investment officer of global fixed income Source: https://finance.yahoo.com/news/cryptocurriencies-are-a-durable-asset-class-with-real-upside-black-rock-fixed-income-cio-160259991.html Mass Adoption Continues: Google: This past week, the giant search engine […]

Weekly Wrap Up #12

Quote of the week: “We firmly believe that NFTs would become a currency in their own right in the nearest future, hitting the mass market as the next asset class after cryptocurrencies.” – Ken DiCross, AirWire founder and CEO The United States Threatens to Sue Coinbase: The United States Securities and Exchange Commission is threatening […]

Weekly Wrap Up #11

Quote of the week: “September has been a spectacular month for crypto thus far…” – Trader at Rekt Capital. Ether Update: On August 31, Ethereum burned 12,000 coins, which is the most in a single day since the EIP 1559 activation on August 5. The coin is trading above $3,500 for the first time since […]

Weekly Wrap Up #10

Quote of the week: “We can envision a future in which your crypto address becomes as important as your mailing address.” – Cuy Sheffield, head of cryptocurrency at Visa International Mass Adoption: PayPal is rolling out crypto services in the United Kingdom, offering users the opportunity and ability to buy and sell cryptocurrencies. United Kingdom […]

Weekly Wrap Up #9

Quote of the week: “After a quiet July, we’re seeing a return of retail investors. Market wisdom draws a line between the retreat of Chinese bitcoin miners and the recentering of trading activity in the U.S. and Europe.” – Caroline Bowler, CEO of Australian crypto exchange BTC Markets. Crypto Adoption Continues: AMC Entertainment chairman-CEO Adam […]

Weekly Wrap Up #8

Quote of the week: “What we believe we do is bring a perspective to the market as a multi-rail payment provider. We have to be in this space because people are looking for answers.” -Mastercard CEO Michael Miebach. Source: https://cointelegraph.com/news/we-have-to-be-in-the-crypto-space-mastercard-ceo-says International Regulation Featuring Germany: As of August 2, German institutional funds are able to hold […]

Weekly Wrap Up #7

Quote of the week: “Crypto has bounced back because institutions are buying…This was partly a big short-covering rally and partly recognition that this is a real market that’s not going anywhere.” – Galaxy Digital Founder, Mike Novogratz.   International Regulation: Israel’s Ministry of Finance put forth a draft law on July 27 that would require […]

Weekly Wrap Up #6

Quote of the week: “My hope is that it [Bitcoin] creates world peace or helps create world peace.” Jack Dorsey, CEO of Twitter Alpha Sigma Capital in the News: This week Alpha Sigma Capital welcomed Dan Siciliano to the board of Advisors. Dan is Chairman of the Federal Home Loan Bank of San Francisco and […]