2 min video looking at the competition digital asset exchanges face
According to the website cryptowisser.com there are over 600 crypto exchanges currently so surely the sector is ripe for take-over activity. Presumably now with $50 m in cash the 1st NASDAQ listed crypto exchange Hong Kong Based EQUOS exchange will be looking for potential acquisitions?
In essence, as in most industries, only a handful of players dominate this space.
It is often touted that BTC is a good way to diversify your portfolio as being over 11 years since it started trading, BTC has almost zero correlation with equities if you were to compare it with the S&P500. However, BTC price fell considerably in March 2020, as did the S&P500, but since then this asset has outperformed the S&P500 as its correlation returns to norm i.e. zero. Will we see other quoted companies follow MicroStrategy which has recently bought BTC since it believes BTC will be a better store of value than $? If this happens equity indices are likely to have a much closer correlation between with BTC as the underlying constituents will be exposed to BTC. According to Seeking Alpha, “MicroStrategy now offers a remarkable opportunity to gain indirect exposure to Bitcoin with limited downside and still offering significant upside. …
2 min video looking at how to track down your lost cryptos
Historically, crypto currencies have had a reputation for being widely used by criminals and terrorists because of their anonymity and the fact that they can be transferred without the need to use traditional financial markets and banks. However, according to analysis from a company called Chainalysis there are actually less than 1% of crypto transactions linked to illegal activities. Given the capitalisation of cryptos being over $500billion, 1% would equate to $5billion, which is a drop in the ocean compared to the $800billion to $2trillion of cash (2% to 5% of global GDP) that the United Nations estimates is money laundered worldwide p.a. One possible reason for cryptos not being used more extensively for nefarious activities is that they leave a ‘digital footprint’ which enables others to track and trace, and thus ascertain, where a digital payment has come from and gone to. Indeed, this is one of the reasons it is being alleged that the Chinese have introduced their own Central Bank Digital Currency. …
There are many services provided for small to medium sized businesses that do not get enough credit for their success and efficiency. Mediation is most certainly one of them. For those unfamiliar with the term “Mediation”, picture two or more parties to a commercial, or civil dispute seeking an alternative to the time consuming, extortionately expensive and stressful legal system. Mediation consists of one mediator using logical reasoning to seek the root of the issue and enable cross-party understanding to reach a settlement agreement. Mediators are accredited professionals, usually with a diverse commercial background including litigation experience, meaning that, although they are not there to provide legal advice, they can lead their clients to the most cost and time-efficient path to resolving their dispute. …
2 min video — if inflation takes off, how do you protect your investments?
Will Biden ‘throw the kitchen sink’ at America’s economic mess in an effort to get the bad news out of the way now, so that in four years, the US economy looks better? As they say, ‘no gain without pain.’ Is the party for US equities also over? Cazenove Capital US reports that equities have been in a bull market for over 3,450 days — the longest bull market ever! With interest rates at almost 0%, the Fed has little room to stimulate the economy by cutting interest rates. The US, akin to other governments the world over, has been printing cash to massively expand the money supply, and thus potentially stoke up inflation since studies have found that, in the long term, there is a 99.1% …
Just recently, there has been a $1billion of BTC changing wallets, the first time since the Silk Road was shut down by the FBI in 2013. The US government is reported to have seized approximately 70,000 — $1billion of BTC, confirming they had been generated from the selling of drugs on the Silk Road website, according to court documents. Interestingly, the government had been assisted by a hacker to gain control of the wallet and one wonders how much the hacker was paid to help the US Dept of Justice (DoJ). …
A selection of analysis looking at some of the developments in the Blockchain and Digital Assets sectors. This weeks topics include:
Fighting #COVID-19 using Blockchain technology
#US election party is over — inflation outlook and possible investments to consider
#antgroup IPO has been suspended
#MiCA: A Guide to the EU’s Proposed Markets in #Crypto-Assets Regulation
总部位于美国的跨国集团通用电气(GE)与纽约奥尔巴尼国际机场(Albany International Airport)携手推出首个针对机场的区块链驱动平台，以向乘客保证再次飞行是安全的。运行在微软Azure enterprise区块链上的“健康追踪”(Wellness Trace)应用程序可以追踪公共区域的清洁情况，以及乘客和员工的筛查情况。该应用程序可以让工作人员通过在机场周围贴45个QR条码贴纸来确认区域是否清洁。该应用程序还可以几乎实时评估衣帽间、餐厅、酒店和其他设施的清洁度。旅客还可以使用二维码对不同地方的清洁度进行评价，从而向机场的清洁工和安全和维修人员提供即时反馈。
GE Wellness Trace
An analysis of some of the developments in the Blockchain and Digital Assets sector.
US regulators seem to be embracing Digital Assets including #stablecoins
Chinese firm, Ant Group, was set to be the world’s biggest #IPO
Wished you had earnt 6,300+% in six weeks? — lessons #DeFi and TradFi markets are able to teach one another
This weeks Guest article is by Charlie Morris from ByteTree.com discussing the long term potential of #BTC
Digital Bytes show on Blockchain Radio with a guest interview with Martin Gymer CEO of Custodiex
Video Byte 1:
US regulators seem to be embracing Digital Assets including…
2 min video as to how Blockchain technology is able to help shipping firms improve their carbon footprint
The world’s largest container shipping company, MAERSKB.CO has donated 400 million Danish crowns (£48.6 million)to carry out research in Denmark in order to assess how carbon emissions could be reduced in the shipping industry. Container shipping accounts for 3% of the world’s carbon emissions due to its transportation of over 80% of global goods. The industry has confirmed its objective for container ships to have reduced carbon emissions by at least 50% by 2030.
Source. Reuters/Michel Kooren
Historically, ships that sailed the oceans transporting goods around the world relied on wind and it was not until 1819 that a ship called SS Savannah, partially powered by steam as well as sails, managed to cross the Atlantic. Unfortunately for the health of the planet, we have transitioned from environmentally friendly, wind-powered ships to bunker oil-powered vessels, now coming under pressure to be cleaned up. The most promising solutions are those based on hydrogen, hybrid and battery modules, with these becoming the ‘new norm’ for container ships as clients such as Unilever and Volkswagen increasingly demand for the vessels to be more environmentally sustainable. …
2 min video looking at different ways Blockchain technology is being used to help protect IP.
According to a study carried out in 2019 by the European Union Intellectual Property Office
(EUIPO) and the Organisation for Economic Co-operation and Development
(OECD), Intellectual Property (IP) infringement may account for up to 6.8% of EU imports, or €121 billion of fake goods per annum. Recently, the US Supreme Court refused a re-trial of a long-running legal case where it was claimed that damages could amount to over $58 million regarding the IP one of the most famous songs in the world, Led Zeppelin’s ‘Stairway to Heaven’. …