The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Enjoy Wexboy.s thesis ?
Fresh from the KR1 PR kitchen
https://www.cityam.com/three-in-four-wealth-managers-are-gearing-up-for-more-cryptocurrency-exposure/
We boy.s latest masterpiece
https://wexboy.wordpress.com/2020/11/21/kr1-plc-the-crypto-alpha-bet/
For those unfamiliar with Wexboy . Happy reading
https://dailyhodl.com/2022/09/07/analyst-issues-polkadot-warning-amid-dot-rally-says-ethereum-rival-not-looking-good-fundamentally-heres-why/ Has been quite apparent since the crowdloan farce that was deemed 'groundbreaking' .That Polkadot is not the DB. s its cracked up to be . Did GW really believe he could conduct a debacle whereupon participants had carte blanche to change the rules at will. And have protocols not paying out tokens and sustain token authentication? I for one bought into DOT for GW.s vision. Well.that vision seems awfully clouded right now . Whilst Cosmos goes from strength to strength
Cosmos token steaming ahead of the pack last night .up to 25 in the top 50 tokens . With KR1 sp stiff support around 46p + ripples around EC1 from the Aberdeen & Black Rock venturing into.Digital assets https://www.coindesk.com/business/2022/08/12/uk-asset-manager-abrdn-becomes-digital-exchange-archaxs-largest-external-shareholder/ Bodes well. Should the market turn bullish
Dipping there nose in the trough
https://www.ft.com/content/71107d15-ed3d-4566-93be-383555aa29b0
I Never doubt the end game of KR1. The pf is overweight within Polkadot eco system. I comment on my own experience navigating and holding DOT associated tokens . Not the most lucrative and highly deceptive . KVS tends to favour Cosmos . Digital Assets / Tokenisation is undoubtedly the future of finance and.KR1 are at the forefront . Aberdeen Asset just jumped in with a cool £30 million last week along with Black Rock . We hold a highly volatile stock with outstanding potential to achieve Unicorn status
The Acala $1.2 B hack has higjlited Polkadot.s supposedly infalable network.. I for one belived in KR1.s polkadot optimistic future. However that optimistic outlook was not shared by the market. DOT has not proven to be the dogs blks its been made out to be .I joined in the crowdloan party alongside many KR1 investors . In my experience the whole DOT eco system has and is a mess with little or even.0. governance on some projects .it's a mess thus far . KR1 have invested deep into that ecosystem.. timevwill.tell.if prudent .. thus far its a cluster feck
12 August 2022
abrdn takes stake in digital exchange
abrdn has concluded a deal to become the largest external shareholder in Archax, the UK’s first regulated digital
securities exchange.
Archax has been set up to provide access for institutional investors to blockchain-based digital assets, acting as a
bridge to traditional capital markets.
Established four years ago, Archax is the first and only digital securities exchange that has won approval from the
FCA with permissions covering trading, custody and brokerage. The exchange will launch later this year.
abrdn CEO Stephen Bird said;
“Blockchain technologies are inevitably going to form a big part of the future of financial markets. There is the
potential to offer greater transparency, greater speed and less trading friction by using these nascent digital
technologies.
“Archax is one of the most promising UK players in this next expected high growth area in finance - the use of
digital and tokenized securities with same-day settlement. In that sense, the growth of the digital investment
market is about much more than cryptocurrencies.
“With Archax, we will have a meaningful footprint in this fast-developing market – which is likely to evolve in a
multitude of different ways that are relevant to our core businesses. This investment not only provides an
opportunity for substantial financial benefits, it also creates a partnership with some of the leading thinkers in an
area that has the potential to play a substantial role in the future of finance.”
Working with Archax, abrdn aims to use the venue as a route through which investors can access new
investment opportunities through digital securities, connect to existing offerings in a new way through
tokenisation and facilitate a shift towards greater operating efficiencies through the adoption of new
technologies like blockchain.
Archax has been designed specifically for institutional investors to trade in all types of digital assets, from cryptocurrencies
to digital securities. It is built using existing, proven, resilient, scalable, high-performance exchange infrastructure, hosted in
top-tier datacentre space, and integrated into the existing institutional trading workflow
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https://www.ft.com/content/3261f919-ca98-41d2-b950-bc3a670f994c?sharetype=blocked
Big-name money managers are stampeding into digital assets, finding new ways to monetise investor interest even as trading volumes and prices for bitcoin and other cryptocurrencies have slumped.
FTSE 100-listed Abrdn this week became the latest investment house to take the plunge, by buying a s
Have we hit ,Bouncing along @ £4.10
Those concerned must have known polkadot/ kusama community governance was toxic for a long time .Look at the chart. Its been in steep decline for 10 months or so . Can't visualise where a turning point is coming from .
Expectations were so high pre crowdloan .
At least ATOM showing Strong signs of recovery ! I fear that all the reservatiins regarding Polkadot are coming true The token just cannot hold its own . Little wonder after the crowdloan fiasco and validator ripp off.s . I.m mistyfied why GW would even contemplate allowing such behaviour without a backlash .All the years of planning and development unraveled by greed
Can't deny it's a Dog of a stock .MP & ET had so many advantages and blew it and seem to keep chasing the dragon. My point is about your rhetoric being soooooo negatively repeative. Sometimes stick prices need to fall to bounce bk . MM.s not making a market are just a small.% of coins SP issues .lack of a dynamic leadership. Firm.investing policy .past history alll contribute to current woe.s
As it goes I picked up just under 50k bk end of last week @ 2.74 .all trades showing red
Out of the 2 leading interoperable protocols I had Polkadot as the one to be the strongest and I do hold a big bag of DOT.however ! Having been on the toxic end of some of the deplorable behaviour conducted by certain crowdloan projects and the polkadot eco system community ( of whom are supposedly governence ) just stood by an let these scamners get away with it + the staking shenanigans. I have lost faith in GW and gang to be a trustless entity . Now I have moved most of assets into ATOM.. I personally have more faith in that protocol to come good. Polkadot has most defo lost its appeal for me
K3 .whilst most of ur negative drivel imo happens to be near the mark .why keep banging on about how crap coinsilium is ? Just what is that going to achieve exactly. With little or no volume not many holders are taking heed an selling up .why not type something based on research or applicable . Continually posting posting negative stuff about a sto k u hold doesn't really demonstrate an intelligent persona .. every Dog has its day and so will coinsilium . However it seems the MM.s are not living up to there title. Simply holding the sp in a very narrow spread without any form of making a market .THAT is the biggest problem here
@ last some positive news from a major KR1 hold. The dYdX protocol has decided to to migrate to COSMOS away from Ethereum .I would assume to utilise the interoperability of the Cosmos chain .ATOM currently the strongest mover in the crypto top 50
Let.s hope atom rises like a Phoenix from the fire