Weekly Wrap Up #24
Quote of the week: “So unless the US government bans Bitcoin next year, Bitcoin has already had some of the negative catalysts play out. So I think Bitcoin could do really well. Now, in terms of percentage upside, again I’m kind of disappointed. It didn’t reach $100,000 this year, but I think next year, you know, […]
Weekly Wrap Up #23
Quote of the week: “Investors poured $30 billion into the crypto industry in 2021, more than in all previous years combined.” – Bloomberg News. Sources: https://fortune.com/2021/12/20/invstors-pour-record-money-cryptocurrency/ https://www.bloomberg.com/news/articles/2021-12-19/ftx-moonpay-axie-lead-crypto-firms-attracting-record-30-billion-in-2021 Radioshack and Crypto: Radioshack is building a decentralized finance ecosystem in collaboration with the Atlas Universal Store of Value protocol. The partnership plans to release a decentralized exchange where users […]
Weekly Wrap Up #22
Quote of the week: “Crypto is a wide variety of products, with a wide variety of functions, and the rules of our financial system are clear and long-standing. If you are raising capital for a project, you have to register your capital raising with SEC. If you are trading securities it has to be on a […]
Weekly Wrap Up #21
Quote of the week: “The solution is not to shoehorn digital asset operations into a regulatory system designed for earlier generations of financial assets…” Charles Cascarilla, CEO of Paxos. Source: https://finance.yahoo.com/news/crypto-ce-os-to-congress-regulate-us-but-dont-shoehorn-old-rules-on-new-assets-013036171.html Regulation Featuring India: On November 23, the Indian government reported that it was considering a bill that would ban all private cryptocurrencies, which sparked market chaos […]
Weekly Wrap Up #20
Quote of the week: “There is a role for crypto as assets but they obviously will have to follow all the laws and make sure that it doesn’t become a backdoor for money laundering … they have to use that [as] an entry point to get a lot of young people into financial markets.” -Nilekani, […]
Weekly Wrap Up #19
Quote of the week: “I wouldn’t convince him [Warren Buffett] to invest in crypto. I think it’s not necessary that everybody has to invest in crypto… My mom doesn’t use the internet that much and that’s fine. The internet is fine. My mom is fine. So I basically think it’s a free world. We don’t […]
Weekly Wrap Up #18
Quote of the week: “Might not happen but it would be extremely healthy for both $BTC and alts. Be prepared either way.”- Twitter trader Galaxy. Source: https://cointelegraph.com/news/bitcoin-hitting-59k-would-be-extremely-healthy-says-trader-as-btc-price-retreats Alpha Sigma Capital Update: If you’re questioning what an NFT is, please take some time to read Alpha Sigma Capital’s article on What You Need to Know About NFTs. United States […]
Weekly Wrap Up #17
Quote of the week: “Everyone’s hearing about Ethereum in ways that have never happened before because of NFTs. People get excited by NFTs,”- David Hoffman, ‘Bankless’ podcast host. Source: https://finance.yahoo.com/news/ethereum-spikes-as-some-crypto-investors-hunt-metaverse-money-150229934.html Ethereum Update: This past week, Ethereum has been on a bull run, reaching an all-time high. After dropping to $1,780 in July, ETH has gained almost 147% to […]
Weekly Wrap Up #16
Quote of the week: “Well, I’ve started to question now whether or not cryptocurrency could actually become the reserve currency of the world as more and more people lose confidence in government.” – Senator Rand Paul Source: https://www.marketwatch.com/story/rand-paul-says-crypto-could-become-the-reserve-currency-of-the-world-if-more-people-lose-trust-in-government-11635179314?siteid=yhoof2 Crypto Mass Adoption: Featuring Walmart: Walmart has partnered with coin-cashing machine company Coinstar and crypto-cash exchange Coinme to install […]
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 […]
