Month: April 2022

Why Gold Is Beating Bitcoin In 2022

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Bitcoin continues to underperform as a general “risk-off” sentiment has investors driving toward gold as a safe haven asset. Not Risking It Concerns about the Russo-Ukrainian war continue. The U.S. inflation struggles at a four-decade high and Fed rate hike fears prevail. The uncertainty extends to the world economy as a recession is expected instead of a recovery. The IMF’s managing director Kristalina Georgieva called it “a crisis on top of a crisis.” “The war is a supply shock that reduces economic output and raises prices. Indeed, we forecast inflation…

Solana DAOs can now bug you to vote with phone calls and texts

You’ll never have an excuse to miss another governance vote if the decentralized autonomous organization (DAO) calls or texts  to badger you to vote.  The Notifi Network is banking on this concept to help improve abysmal participation rates in governance votes. Launching with Solana DAOs, it combines popular centralized methods used by the Web3 community such as Telegram and Discord pings with more traditional, and harder to ignore notifications like phone calls, text messages or emails. Backed by crypto venture capital firms Race Capital and Hashed, on April 24 Notifi…

Attendees talk the future of NFTs

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The crypto community headed to Nassau in the Bahamas this week for the inaugural Crypto Bahamas conference. Like most conferences, panels fill up the agenda and on Wednesday the topics at Crypto Bahamas ranged from NFTs to crypto in sports and to asset allocation in Web3. During one particular conversation, titled Evolution of NFTs: Culture, Utility and Regulation, panelists had some insightful musings on the NFT market. To put the Crypto Bahamas conference into context, Sam Bankman-Fried’s cryptocurrency exchange FTX moved its headquarters from Hong Kong to the Bahamas in Sept.…

Bitcoin Futures Basis Nears One-Year Lows, How Will This Affect BTC?

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In late March/early April, the bitcoin futures basis had mounted an impressive recovery that pushed sentiment back into the positive. This had come after months of a declining futures basis, so this recovery was a welcome development in the market. This would prove to be short-lived, however, as the futures basis had taken a sharp nosedive in mid-April. Now, it is falling towards one-year lows, leaving in its wake a trail of wary investors. Nearing One-Year Lows Bitcoin’s drop back into the $30,000 has had a profound impact on the…

How to be a Blockchain Lawyer?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io These days, there is so much hype over blockchain technology. Governments, financial institutions, private and public sector organizations are coming around to it. An emerging technology, blockchain has wide applications across various sectors, such as banking, smart contracts, dispute resolution, crime prevention, etc. This technology is developing at a rapid pace, and is at the forefront of the digital revolution. Laws across the globe are trying to catch up with this technological evolution. Hence, being a blockchain lawyer is an exciting career…

Bitcoin ATM installed in Mexico’s Senate Building

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Mexico’s Senate building now houses the country’s 14th Bitcoin (BTC) ATM, a sign of the country’s increasing interest in Bitcoin. The ATM was installed on Tuesday with the support of several legislators, including Miguel Angel Mancera, head of the parliamentary group of the Party of the Democratic Revolution (PRD). Senator and outspoken crypto enthusiast Indira Kempis shared her excitement at the development on Twitter, stating that “for freedom, inclusion and financial education in Mexico.” Por la libertad, inclusión y educación financiera en México.#ToTheMoon @senadomexicano pic.twitter.com/QytQn58A3i — Indira Kempis de I.…

Trading on Indian Crypto Exchange Continues to Slump Following New Tax Laws; Cryptos Higher

The largest cryptocurrency by market capitalization was recently trading just over $39,200, up over 2% over the last 24 hours. Ether, the second-largest crypto by market cap, was changing hands at roughly $2,880, a more than 1.9% gain over the same period. Trading volume and volatility remained at low levels as investors continued to grapple with the toxic combination of rising prices and uncertainty. Source

Goldman Sachs Says It Is Exploring the Tokenization of Real Assets

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

80% of Institutional Investors Expect Crypto to Overtake Traditional Investments, Survey Shows – Featured Bitcoin News

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A survey by crypto trading platform Bitstamp shows that 80% of institutional investors believe crypto will overtake traditional investment vehicles. Furthermore, 70% of institutional investors said crypto was a trustworthy investment, with 68% actively recommending this asset class in investment strategies. Institutional Investors Bullish About Crypto Bitstamp, a major crypto derivatives trading platform, announced the results of its first-ever Crypto Pulse Survey Monday. A total of 28,563 respondents from 23 countries across North America, Latin America, Europe, Africa, the Middle East, and Asia-Pacific participated in the survey. Among them, 5,450…