Quote of the week: “Decentralized finance [DeFi] and blockchain are real, new technologies that can be deployed in both public and private fashion, permissioned or not.” – Jamie Dimon, CEO of JPMorgan Chase. Source: https://finance.
What You Need to Know About: Read Alpha Sigma Capital’s latest installment in the What You Need to Know About series. This month the topic is Decentralized Autonomous Organizations (DAOs). Download your copy here.
Bitcoin Quantity Update: A week ago on April 1, the 19th million Bitcoin was mined, which was a landmark occasion for the number one cry
ptocurrency. Currently, there are only 2 million Bitcoin left to be mined over the next 100 years.
Source: https://cointelegraph.
Blockchain.com Launches Asset Management for Institutional Investors: Cryptocurrency exchange Blockchain.com has partnered with the investment firm Altis Partners and has launched its investment management service, following its raising of Series D funding. The new service will cater to high-net-worth individuals, institutional investors, and family offices. Source: https://www.fxempire.
Dogecoin Rallies: As of April 5, DOGE’s price has risen nearly 6.5% week-to-date. The rally comes after Elon Musk announced on Twitter that he has a $3-billion stake in Twitter. Elon Musk has been a supporter of the Dogecoin community for quite some time and he is bullish on the coin. Source: https://cointelegraph.
Starbucks Plans To Get Into The NFT Space: In a statement this week, Starbucks announced that the company is working on a “digital innovation through NFTs,” among other initiatives. Interim CEO Howard Schultz announced that Starbucks will be using NFTs to reshape the customer and employee experience in engaging with the company. Source: https://finance.
Intel Releases Energy Efficient Crypto-Mining Chip Blockscale Semiconductor: Intel is getting more involved in the digital asset industry. This week, Intel launched its energy-efficient cryptocurrency mining chip blockscale semiconductor, which will deliver up to 580 GH/s with as much as 26 J/TH. Many mining companies have already placed orders for the new chip. Source:
Bitcoin 2022 Miami: This week the blockchain and crypto community converged in Miami for week-long industry conferences. On Tuesday, April 5th, Alpha Sigma Capital team (pictured below) hosted a private dinner for entrepreneurs and executives from the private and public sectors. Left to right: Nick Birnbaum, Partner & Portfolio Manager, Jordana Cohen, Associate, Enzo Villani, CEO/Founder, and Dante Venafro, Partner, and Founder, Clarity Games.
And, that’s a wrap!