Digital Assets
Digital assets are about more than just Bitcoin. The global adoption of blockchain, expansion of cross-border payments, new investment vehicles tied to intellectual property, and more, could one day establish a global market of digitized assets worth $50 trillion. This channel provides access to the latest developments, opportunities, risks, and thought leaders in the growing Digital Assets space.
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Worldcoin, the innovative biometric wallet and ID project, is making significant waves in Chile as it surpasses a remarkable milestone. The organization has reported that over 200,000 Chileans have embraced Worldcoin, representing more than 1% of the country’s population. This surge in popularity mirrors similar trends in other South American nations, such as Argentina, where an astonishing 9,500 Argentines verified their IDs within a single day.
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More Stories on Digital Assets
Crypto hedge fund Pantera: Bitcoin $42,000 possible in 2019
Dan Morehead, founder and CEO of crypto-focused hedge fund Pantera Capital, is not afraid to make mind-numbing projections for bitcoin.
But the crypto perma-bull has a basis.
Crypto Hedge Fund Pantera: Bitcoin will Benefit from Libra’s Halo Effect
Pantera CEO Dan Morehead lauds Facebook’s SDR type strategy to collaterize Libra with the biggest currencies
In an investor letter Pantera CEO Dan Morehead said Libra and Bitcoin shared certain core values, that of Money, Justice and Freedom.
These values are likely to provide the substratum for a “movement towards democratized finance,” he said, stressing that financial inclusion via inexpensive and reliable financial services is the “promise of the blockchain.”
Grayscale: Millennials and GenX could pump trillions into Bitcoin
A massive $68 trillion will pass in the coming years to younger generations, and a lot of it will flow to digital assets says Barry Silbert, chief executive of Grayscale, a digital asset manager which manages the Bitcoin Trust Fund.
Bitcoin’s leverage-fueled volatility
One look at the bitcoin’s futures price chart shows it is not a trade for the faint-hearted.
The most popular digital coin future plumbed a low of around $3,200 in December 2018. But in a few months, by early June 2019, bitcoin shot up to a high of nearly $14,000.
Bank Of International Settlements to Banks: Beware of Facebook’s Libra Crypto
The Bank of International Settlements (BIS) published a report Sunday that warned banks of impending danger from companies such as Facebook, Amazon and Google due to the ability of these ‘big techs’ to establish a dominant position.
Got $635? You Can Buy a Share in a Student Accommodation Complex in the UK
Smartlands is a FCA registered UK company. It is a crowdfunding platform based on the Stellar network that uses blockchain technology for the issue of security tokens. Investors can buy tokenized shares in a student accommodation complex in Nottingham, UK.
Cadence Joins the Bloomberg Terminal
Cadence, which is opening alternative investment opportunities to all, is offering access to exclusive high yield, short term investments traditionally reserved for institutions. You can earn up to 2% on your investment in less than 2 months with a low minimum of just $500 to get started.
India May Jail People who Mine, Hold or Transact Cryptocurrencies
India’s draft “Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019” has a draconian provision regarding cryptocurrencies. Those who use digital currencies in any way are liable to be slapped with a jail term from one to ten years and may also have to pay a penalty.
Financial Independence and Early Retirement (FIRE) Community Gains Access to Private High Yield
Those yearning for financial independence and early retirement will find BCP’s new fund launch interesting. The BCP Fund focuses on providing consistent high yield cash flow secured by US assets.
The Marriage of Crypto Cost Storage and Real-World Assets
A new avenue is opening up for alternative investing. It’s the marriage of digital currency with tangible and valuable assets. There already is a designer watch that acts as a deep cold storage for crypto wealth. In the near future, this may extend to art, luxury accessories and fine jewellery.
Dovish Fed Adds Fuel to Bullish Fervor in Bitcoin and Gold
BTC is currently trading at $11,420 and spot gold at $1,430. Both these assets received a bullish boost last week when the Fed made dovish noises and said interest rates would be maintained in the range of 2.25%-2.5%.