Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Nasdaq says institutional appetite in crypto is steady as it plots push into custody, trading
https://www.theblock.co/post/222866/nasdaq-says-institutional-appetite-in-crypto-is-steady-as-it-plots-push-into-custody-trading
Over 1,200 German banks to offer Bitcoin and Ethereum(ETH) to customers through new partnership.
https://www.crypto-news-flash.com/over-1200-german-banks-to-offer-bitcoin-and-ethereumeth-to-customers-through-new-partnership-will-this-drive-adoption-and-btc-prices/
The bank’s CEO stressed that Bitcoin is only the beginning, hinting that more digital currencies and tokenized assets will be added to its platform in the near future.
More good news for crypto.
Elon Musk pushes forward with Twitter payments vision
https://www.ft.com/content/9d84d534-b2dd-4cff-85d1-aee137b26a45
In the meantime.
Central Bank of Saudi Arabia explores CBDCs for local wholesale bank settlements
https://www.cryptopolitan.com/central-bank-of-saudi-arabia-explores-cbdcs/
nightye1- agreed :-)
I'd wait until after the fed rate on the 1st Feb before calling anything yet
Crypto pumping again - it could be argued that the winter has bottomed and the next bull run is beginning. Just a thought.
Interesting stats on blockchain development levels last year. Polkadot second only to Ethereum. Bear in mind Polkadot first launched in May 2020. Ethereum 2015, Solana 2019, Cosmos 2016. https://www.developerreport.com/
National Australia Bank creates stablecoin called AUDN: AFR
https://www.theblock.co/post/203614/national-australia-bank-creates-stablecoin-called-audn-afr
Oh and Pendulum made news on Yahoo finance
Pendulum Sets Fresh Record for Fastest Parachain Crowdloan on Polkadot
https://finance.yahoo.com/news/pendulum-sets-fresh-record-fastest-230000480.html?guccounter=1
Digital asset regulation/adoption getting closer - Israel ahead of the Game.
Israel's financial regulator proposes crypto inclusion to securities law
https://www.theblock.co/post/199076/israels-financial-regulator-proposes-crypto-inclusion-to-securities-law
Bobsson - re review - apologies but super busy at present - will try to find time in next few weeks.
Interesting that both spheres of growth relate directly to Dynasty and Pendulum ;-)
https://thesis.neworder.network/
Looking Forward
Despite the serious setbacks to our industry, our outlook for 2023 is optimistic. While mercenary capital has taken its toll on our credibility, we also have an industry full of devoted builders with substantial sweat equity being invested into this burgeoning Web3 world. These are the actors we call visionary capital, the ones still building while most of the industry speculators have left. The ones investing their long-term efforts to bring Web3 to the cusp of breaking irreversibly into daily life. We believe that 2023 is the year of visionary capital, and the year when cryptocurrencies transition from speculative investments to core components of a society built around Web3.
To some extent, this transition is already underway. Between DeFi protocols integrating with the traditional financial system, DAO treasuries accumulating real world assets, and legacy gaming companies breaking into Web3, one of today’s emerging narratives is the blurring of lines between decentralized solutions and the real world. This process will only continue, and 2023 will likely be the year Web3 projects gain traction into the mainstream.
2022 has been a pretty catastrophic year for the crypto space but every bear market provides huge opportunities when it turns. 2023 (in my view) should see that turn, probably not during the first half, but crypto accumulation has already started and Q3 onwards should see the tide turn with new ATHs reached again in 2024/5. So the next period is the time to stake your bets.
New Order Network is a Ethereum based venture DAO incubating DeFi startups and they have produces a 2023 Crypto Thesis. It is mainly Ethereum based but I thought this extract might be of interest.
The Case For A Multi-Chain Future
https://medium.com/pendulum-chain/the-case-for-a-multi-chain-future-45670a0abd
Gazz- and that dial-up modem static sound - music to my ears -those were the days :-)
Gazzleberry. ZX80 had 1K ram and nothing else in 1980
Spectrum+2 had the built in cassette deck 6 years later.
All of this bodes well for BLU - I have topped up a bit and averaged down - quite cheap right now
Pentium with MMX technology running at a blistering 233MHz and a massive 15" monitor. Crash Bandicoot & Mortal Kombat never looked so good :-)
They ran on DOS too... Ahh, those were the days...
All very quiet here. something to mull over for the long term internet users vs crypto users - we are currently at about 1998. Hands up who had a home PC in 98 ;-)
https://cryptoslate.com/internet-vs-crypto-adoption-chart-predicts-1-billion-users-by-2027/
Banking giants and New York Fed start 12-week digital dollar pilot
https://www.reuters.com/markets/currencies/banking-giants-new-york-fed-start-12-week-digital-dollar-pilot-2022-11-15/
Will they never learn :-)
The Fiat - DeFi sector is hotting up in the trad-fi world.
BIS and central banks of France, Singapore and Switzerland to explore cross-border CBDC trading and settlement using DeFi protocols
https://www.bis.org/press/p221102.htm
Global adoption continues
The Monetary Authority of Singapore
First Industry Pilot for Digital Asset and Decentralised Finance Goes Live
https://www.mas.gov.sg/news/media-releases/2022/first-industry-pilot-for-digital-asset-and-decentralised-finance-goes-live
More bedtime reading regarding regulation
President’s Working Group on Financial Markets Releases Report and Recommendations on Stablecoins
https://home.treasury.gov/news/press-releases/jy0454
Iso20022 coin with an amazing founder from traditional economics background and finance - Algorand. I picked up a little of this a couple of months ago.