Day: January 25, 2024

Asian asset managers agree on Hong Kong spot Bitcoin ETF

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Spot Bitcoin ETF fever spread outside the U.S., with Hong Kong regulators open to the product and local firms racing to become the first movers on the scene.  Value Partners Group and Venture Smart Financial Holdings (VSFG), two Hong Kong-based assets managers, reached a memorandum of understanding to collaborate on offering traditional investment vehicles underpinned by digital assets to local retail and institutional investors. Top of the list for both firms is the possible introduction of ETFs that track spot Bitcoin (BTC) ETFs, per a statement shared with crypto.news.  Value…

Navigating Control, Access, and Investment Strategies in the Digital Asset Landscape

Level of access: it refers to how closely an investor can interact with or from a digital asset in its purest form (on-chain). The more off-chain layers or wrappers around an asset, the less level of access. For example, the spot bitcoin ETF is a traditional (offchain) financial product backed 1:1 by bitcoins stored in a qualified custodian. Being cash-redeemable only, investors can’t redeem their shares for actual bitcoin, but they must liquidate them for cash. On the other end of the spectrum, self-custody is the purest, most direct access…

My Long-Term Investment Case for Bitcoin

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The solution in such a scenario, however, is simple. You need a neutral and mutually trusted asset in between. Gold could serve this role, and has done so historically, but it is inconvenient and expensive to send gold around physically. Oil could also be used, but is not divisible enough and is expensive to store and protect. Lastly, one could imagine small neutral countries like Switzerland acting as intermediaries, but they are likely to come under too much pressure from the larger centers of power. Bitcoin, however, is in many…

21% Jump After Telefónica Deal Ignites Growth

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In a landmark move, Telefonica, the world’s 27th largest telecom, has partnered with Nova Labs to roll out Helium mobile hotspots in Mexico. This initiative aims to address the persistent issue of limited internet access in underserved communities, leveraging a unique blockchain-powered network. Helium’s Mexico Expansion Sparks Crypto Surge The collaboration will see thousands of Helium hotspots deployed across Mexico City and Oaxaca, powered by Nova Labs’ blockchain technology. This technology incentivizes individuals to host hotspots by rewarding them with Helium’s cryptocurrency, HNT, for contributing to coverage. This “proof-of-coverage” concept…

Advice From Art Market Economist Magnus Resch

The art market has been grappling with a shortage of new buyers for an extended period. Despite the global number of millionaires doubling in the last decade and a surge in attendance at art events, the value of the art market has remained stable. This disparity underscores a conversion problem, as the newly affluent are not seamlessly transitioning into art buyers. I believe a combination of education, entertainment and transparency can play a pivotal role in converting more art enthusiasts into active buyers. My new book is a contribution towards…

Lif3 Accelerates DeFi Adoption and Innovation with BitFinex Listing – Blockchain News, Opinion, TV and Jobs

Roadtown, British Virgin Islands, January 25th, 2024, Chainwire Followed by LIF3’s Token Migration to Ethereum Network for Enhanced Market Accessibility Today, $LIF3 (pronounced Life), a ground-breaking and complete omni-chain DeFi Layer-1 Curated Blockchain ecosystem, announces its recent listing on Bitfinex (https://trading.bitfinex.com/t/LIF3:USD), a premier digital asset trading platform, after recently migrating to the Ethereum Network from Fantom.  This announcement coincides with Lif3’s vision and commitment to breaking down barriers to cryptocurrency, enabling easier adoption for consumers entering DeFi, through the Lif3 Mobile App. Lif3 provides a platform for exclusive event access,…

Rebel Satoshi rallying, outperforms XRP and BONK

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rebel Satoshi is firm ahead of official launch and exchange listing. Bitcoin maximalist Max Keiser bashes XRP Bonk launches community-developed wallet organizer as OKX lists BONK. XRP and Bonk (BONK) are stagnant. On the other hand, Rebel Satoshi (RBLZ) supporters are upbeat ahead of launch. Rebel Satoshi trends higher in presale Rebel Satoshi aims to create a more equitable financial landscape using crypto.  The project also plans to redistribute wealth from…