Binance launches $1B BSC fund, BTC futures ETF approval could arrive soon, and Celsius raises $400M: Hodler’s Digest, Oct. 10-16
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DIGIT
Economics Professor Warns ‘Cryptocurrencies May Contribute to Monetary and Financial Instability’
Cornell University’s professor of economics and former head of the IMF’s China division, Eswar Prasad, has warned that “Cryptocurrencies may contribute to monetary and financial instability.” He added that the risk is amplified if the industry is unregulated and lacks investor protection. Economist Sees Crypto Posing Risks to Financial Stability Eswar Prasad, the Nandlal P. … Read more
The crypto industry is still waiting for its ‘iPhone moment’
The most important innovation that the iPhone brought — which the crypto space needs to gain mass adoption — is the user experience. Go to Source Powered by WPeMatico
Jack Dorsey Says Square Is Considering Building a ‘Bitcoin Mining System Based on Custom Silicon’
Following the latest report from Cambridge University that shows a large percentage of the Bitcoin network’s hashrate resides in the United States, the CEO of Twitter and Square, Jack Dorsey, has announced that Square is considering building a “bitcoin mining system based on custom silicon.” Square Considers Building a Mining System On the same day … Read more
Truly decentralized finance will be beyond siloed blockchains
To be the future lifeline of industries, blockchain technology needs to embrace the old-fashioned quality of interconnectivity. Go to Source Powered by WPeMatico
Finance Redefined: Celsius raises $400M, and Rari’s 7.5K% yields, Oct. 11—15
Lending firm Celsius raised $400 million, Rari Capital exceeded $1 billion in TVL, and North America witnessed surging crypto volume — all included in this week’s Finance Redefined. Go to Source Powered by WPeMatico
The Ongoing Effort to Free Ross — Ulbricht’s Clemency Petition Closes in on Half a Million Signatures
As the end of 2021 nears, Ross Ulbricht remains in prison as he continues to serve his draconian double-life prison sentence for creating a website called the Silk Road. Ever since he was arrested, there’s been an ongoing effort to free Ulbricht, as a great majority of individuals and a large swathe of eminent organizations … Read more
Bitcoin entering final stage of major bull trend, crypto analyst says
According to crypto analyst and trader Alessio Rastani, Bitcoin will finalize its upward trajectory toward $100,000 in the next few months. Go to Source Powered by WPeMatico
Why HODL for 48 hours? Because your altcoin wallet will thank you
Even in the fast-paced cryptocurrency market, favorable conditions that fuel massive rallies often take days to materialize. Go to Source Powered by WPeMatico
Guernsey regulator approves Jacobi Asset Management’s Bitcoin ETF launch
GFSC-approved Jacobi Bitcoin ETF is a centrally cleared crypto-backed financial instrument supported by Fidelity Digital Assets-provided Bitcoin custody. Go to Source Powered by WPeMatico
