El Salvador minister says it’s too early to use Bitcoin for wages
It’s too soon to talk about Bitcoin-based wages in El Salvador, Minister Rolando Castro stated. Go to Source Powered by WPeMatico
DIGIT
Hedge Funds Aim for $300 Billion in Crypto Assets Within 5 Years, Survey Shows
Hedge funds are likely to significantly increase their crypto holdings, a global poll of chief financial officers has indicated. According to an average figure based on their forecasts, the funds will keep more than 7% of assets in cryptocurrency within the next five years. Hedge Fund CFOs Expect Sizable Increase in Crypto Investments The survey, … Read more
Crypto fan tokens a mixed bag for game-deprived soccer fans
The COVID-19 lockdown incentivized sporting organizations to adopt fan tokens, but how useful are they for supporters? Go to Source Powered by WPeMatico
98% of CFOs say their hedge fund will invest in Bitcoin by 2026: Study
The survey results coincide with U.S. inflation climbing to the highest levels since 1992. Go to Source Powered by WPeMatico
Crypto miners eye cheap power in Texas, but fears aired over impact on the grid
Miners dislocated by China’s crackdown are looking to Texas for cheap electricity, but the state’s grid is already on the brink of disaster amid a sweltering summer. Go to Source Powered by WPeMatico
Michael Saylor is not just a Bitcoin maximalist: ‘There’s a place for everybody’
The MicroStrategy CEO sees Ethereum as a serious competitor to the financial industry. Go to Source Powered by WPeMatico
Porsche Enters NFT Market Launching Trading Card Platform Fanzone
Porsche, the German carmaker, is diversifying to digital markets through the launch of Fanzone, an NFT-based trading card market. Fanzone, built by Forward31, a Porsche company builder, seeks to capitalize on classic trading card demand. At the same time, Fanzone tries to combine this classical market with the NFT craze to offer digital products. Porsche … Read more
Steve Hanke warns BTC could ‘completely collapse the economy’ of El Salvador
Steve Hanke slammed El Salvador’s Bitcoin adoption as legal tender, and questioned how Bitcoin would function in day-to-day transactions. Go to Source Powered by WPeMatico
More Brits bought crypto than shares last year new survey suggests
More than 70% of UK crypto investors surveyed reported a profit. Go to Source Powered by WPeMatico
Kim Kardashian Shills Ethereum Max on Instagram, Media Questions Socialites Motive
The celebrity influencer Kim Kardashian posted about a project called Ethereum Max on Instagram this week by sharing an advertisement with her 228 million followers. The project Ethereum Max has also been promoted by former Boston Celtics forward Paul Pierce and professional boxer Floyd Mayweather. Kim Kardashian Follows Mayweather and Pierce by Shilling Ethereum Max … Read more
