Weekly Wrap Up #54

Quote of the week: “Crypto assets have experienced a dramatic sell-off that has led to large losses in crypto investment vehicles and caused the failure of algorithmic stablecoins and crypto hedge funds, but spillovers to the broader financial system have been limited so far.”- IMF. Source: https://cointelegraph.com/news/imf-global-outlook-suggests-dark-clouds-ahead-for-crypto Crypto.com & Google Pay Integration: This week Crypto.com and Google Pay […]

Weekly Wrap Up #53

Quote of the week: “The projects that consist of hot air and hype will fail, but out of the dust will rise great projects and companies for the future economy. So, it is a healthy shake-out that will focus investors on tech and science quality much more in the coming years.” – Lars Seier Christensen, Founder […]

Weekly Wrap Up #52

Quote of the week: “Many Web2 companies are trying to figure out how metaverse fits into their business models. What does it mean to transfer the ownership of assets to users and to be more decentralized? Is it worth the risk associated with giving up control and ownership? There are legal considerations among others to think […]

Weekly Wrap Up #51

Quote of the week: “Bitcoin could be one of the greatest bull markets in history at a relatively discounted price to start 2H. Or the crypto may be a failing experiment in the process of being made redundant, like #crudeoil. Our bias is Bitcoin adoption is more likely to continue rising” – Mike McGlone, Senior Commodity […]

Weekly Wrap Up #50

Quote of the week: “Crypto is going through what most innovations go through…” -El-Erian, Chief Economic Adviser at Allianz and President of Queens’ College at Cambridge. Source: https://finance.yahoo.com/news/crypto-going-most-innovations-top-193229862.html Continuing to Buy the Dip:  Despite market turbulence, many firms and investors are continuing to buy the cryptocurrency dip. This week, Microstrategy purchased another 480 Bitcoins for approximately $10 million. Source: https://www.fxempire.com/news/article/microstrategy-buys-the-dip-with-another-10m-in-bitcoin-1049633 […]

Weekly Wrap Up #49

Quote of the week: “Crypto has had ups before, and it has had downs before, and it will have ups and downs again”- Vitalik Buterin, Creator of Ethereum. Source: https://finance.yahoo.com/news/crypto-had-ups-had-downs-190239389.html Wire Network’s New Protocol Aims to End Web3 Interoperability Woes: A growing number of Web3 platforms lack interoperability, which could be a huge roadblock to a seamless Web3 […]

Weekly Wrap Up #48

Quote of the week: “Investors are placing a premium on certainty and stability… and Bitcoin is the most immutable crypto asset, similar to how gold has outperformed other kinds of traditional assets.”- Matthew Sigel, head of digital asset research at New York-based VanEck. Source: https://www.investors.com/news/should-i-buy-bitcoin-crypto-storm-likely-to-worsen-before-rebound/?src=A00220 Tech Employment Layoffs and Hires:  As a result of market turmoil, many cryptocurrency […]

Weekly Wrap Up #47

Quote of the week: “Investors are placing a premium on certainty and stability… and Bitcoin is the most immutable crypto asset, similar to how gold has outperformed other kinds of traditional assets.”- Matthew Sigel, head of digital asset research at New York-based VanEck. Source: https://www.investors.com/news/should-i-buy-bitcoin-crypto-storm-likely-to-worsen-before-rebound/?src=A00220 Tech Employment Layoffs and Hires:  As a result of market turmoil, many cryptocurrency […]

Weekly Wrap Up #46

Quote of the week: “I think in the near term, we [crypto] will find our footing.” – Michael Sonnenshein, CEO of Grayscale Investments. Source: https://www.coindesk.com/layer2/2022/05/26/bitcoin-will-find-its-footing-according-to-grayscale-ceo/ International Regulation Featuring Paraguay:  This week, Paraguay set forth a framework to regulate crypto trading and mining. Paraguay’s Chamber of Deputies approved a pro-cryptocurrency bill to regulate its mining and trading. […]

Weekly Wrap Up #45

Quote of the week: “The past month’s crypto market correction looks more like capitulation relative to last January/February and going forward we see upside for Bitcoin and crypto markets more generally.”- Note from JPMorgan to Clients. Source: https://cointelegraph.com/news/jpmorgan-places-btc-fair-price-at-38k-declares-crypto-a-preferred-alternative-asset Eyes on Polkadot (DOT):  This week Polkadot parachains rallied after the launch of a $250 million USD stablecoin fund. Despite […]