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Source: BlueSkyCapital Management

2 min video looking at the competition digital asset exchanges face

According to the website 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.

Trending Cryptocurrency Hub Articles:

Fungible assets are items that we use and typically can exchange for other assets e.g., cash, land, shares etc, whereas a non-fungible asset is unique, rare and non-divisible, a good example being a ticket for a concert or a ticket to fly to Hong Kong first class. The Non-Fungible Tokens (NFT) Report (a copy of which you can get here) has been released by L’Atelier, a subsidiary of BNP Paribas. The report reveals that the NFT market grew to over $250million in 2020, a four-fold increase compared to the previous year. …

There continues to be great speculation as to how much higher the prices of crypto assets, in particular Bitcoin, can rise. There exists a growing number of people concerned about the current economic back drop and some argue that this has helped drive crypto prices higher. Bitcoin, by some, is referred to as ‘Digital Gold’ and JP Morgan, the biggest bank in the world outside of China, claims that the price of Bitcoin could reach $146,000. In part, Bitcoin’s recent price increase has been fuelled by institutions buying cryptos in the belief that the decline in the US$ will continue…

Why stablecoins are not just important for the crypto market

Invesco DB US Dollar Index Bullish Fund

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In reality, Stablecoins are a relative description especially when pegged/backed/linked to a fiat currency. Those who have their assets in order to earn money or have expenses to pay in Yen, € or £ would hardly consider the US$ as ‘stable’. Indeed, a chart we have shown several times in Digital Bytes is the value of the US$ against a basket of other global currencies, and clearly demonstrates the downward trend of the US$. Nevertheless, stablecoins continue to attract investors’ attention and are…

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Photo by André François McKenzie on Unsplash

The asset management industry has undergone massive changes in the last few years, becoming more sophisticated in terms of the products and services that it offers as fund managers seek out new assets to manage and new ways of managing existing assets. As the wealth of many individuals has grown over the last 70 years so has the responsibility to provide for your own pensions arrangements as opposed to relying on the state — both of which have fuelled the growth in savings and the fund management industry.

Historically, individuals gained exposure to equity markets by investing directly into equities…

新年快乐 KungHey Fat Choi — Happy New Year. Digital Bytes Chinese Translation 10th February 2021 with

Articles include:

1.Imperfect pricing is not just the preserve of cryptos and #DeFi coins! — There has been much discussion about equities such as GameStop and Signal Advance with prices rising and falling considerably in January 2021, demonstrating it …

This is a key theme in Digital Bytes frequently being asked about by readers. Digital currencies have the potential to offer governments a new tool with which to control their economies, help to engage with the unbanked/financially excluded as well as offering the ability of faster and cheaper payments for corporations and individuals.

The Chinese are continuing to roll out their own Central Bank Digital Currency (CBDC). They are once again giving away money, but it can only be spent in those shops determined by the government and with the stipulation to be used by a certain date i.e. not…

The size of global trade of goods and services is estimated to be $19 trillion. Commodities account for approximately $4.4 trillion of this trade comprising of 40% energy (oil, gas), 30% base and industrial metals (gold, silver, steel) and 30% agricultural and soft commodities (i.e. items that are grown — coffee, corn, livestock). The size and complex nature of global trade means there are many challenges and inefficiencies that occur when moving commodities around the world. …

One of the most common questions we get asked when giving presentations is ‘Are companies really using Blockchain technology?’. To be honest, this was one of the reasons that Digital Bytes came to be in March 2018, as back then most of the engagement with Blockchain technology (apart from cryptocurrencies) was about exploring proof of works — thus how this technology could be used. However, as we have commented before, the driving force for greater adoption of Blockchain technology is no longer the ’cyberpunks and techy geeks’ but is now very much being driven by governments and global corporations. …

As appeared in Digital Bytes 27th January 2021

The World Economic Forum claims: “Worldwide, governments devote an estimated $9.5 trillion each year to public procurement — an average of approximately 15% of national GDP. This money goes to public goods and services such as the construction of roads and the delivery of healthcare services, but also tends to line the pockets of corrupt government officials, corporate executives, and others who are involved in the procurement process. The problem is almost universal.

Public Sector procurement has become a humanitarian issue. The world faces increasingly brutal challenges, and its public institutions are on the front line as we meet them…

Jonny Fry

#DigitalAssets#Tokens #ChairmanGemini #Fintech #Blockchain #Assetmanager #Speaker #DigitalBytes #Economics @Teamblockchain Twitter:@jonnyfry175

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