Blockchain Bites
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CryptocurrencyMikeFebruary 17, 2021
Blockchain Bites: Why Buy an NFT?
Digital frictionNonfungible tokens (NFT) are having a moment. In recent weeks, notable investors Mark Cuban and Chamath Palihapitiya have signaled…
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CryptocurrencyMikeFebruary 16, 2021
Blockchain Bites: Bitcoin Volatility Hasn’t Shaken Out Institutions
Purpose Investments CEO Som Seif, speaking on CoinDesk TV, said there have been measurable improvements made to the infrastructure supporting…
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CryptocurrencyMikeFebruary 12, 2021
Blockchain Bites: Canada Approves Bitcoin ETF, Options Markets Not Pricing for $100K BTC
Three stories Bull market buzz The first bitcoin exchange-traded fund in North America has been approved by Canada’s securities regulator,…
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CryptocurrencyMikeFebruary 11, 2021
Blockchain Bites: Mastercard, BNY Mellon Embrace Crypto; Amazon Floats ‘Digital Currency’ Project
Three trends 1. Crypto infrastructure is being laid down across the banking, tech and financial sectors. BNY Mellon, the world’s…
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CryptocurrencyMikeFebruary 10, 2021
Blockchain Bites: The US vs. Bitcoin?
Three stories 1. Tesla caught a lucky break in announcing its $1.5 billion bitcoin purchase when it did. The auto…
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CryptocurrencyMikeFebruary 9, 2021
Blockchain Bites: Will Bitcoin See ‘Reflexive’ Buys After Tesla?
Sound bites Nic Carter argued that comparing bitcoin’s energy consumption to Visa’s is missing the forest for the trees. Bitcoin…
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CryptocurrencyMikeFebruary 8, 2021
Blockchain Bites: Tesla Drives $1.5B Into Bitcoin, Brian Brooks Comments on Monetary Debasement
Three stories 1. Tesla invested $1.5 billion of its cash reserves in bitcoin, according to a U.S. Securities and Exchange…
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CryptocurrencyMikeFebruary 5, 2021
Blockchain Bites: The Weird and Wonderful in Crypto This Week
Three stories 1. The crypto-bank connection is strengthening. Seattle-based Protego Trust Bank has received conditional approval for a trust charter…
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CryptocurrencyMikeFebruary 4, 2021
Blockchain Bites: The Rise of the Bitcoin Investment Fund
Three stories 1. Qualified investors are plowing money into cryptocurrency-focused investment funds. Yesterday, macro trader Dan Tapiero, most known for…
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CryptocurrencyMikeFebruary 3, 2021
Blockchain Bites: MicroStrategy’s Macro Strategy for Bitcoin Treasuries
Three stories 1. Mining firms are benefiting from the market rally. California’s $441 billion public pension fund increased its stake…
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