Leading crypto asset manager Grayscale’s »Drop Gold« advertising campaign was design to convince investors that Bitcoin is a superior investment to gold. Grayscale ran the »Drop Gold« campaign last year, but it seems that its main message is resonating better right now. Michael Sonnenshein, the managing director of Grayscale, described 2020 as an unprecedented year regarding wealth inflows for the firm.
Ripple (XRP) holders should be aware of the project’s development this Q3 2020. Let’s see how it affects XRP price prediction in 2021.
Daim (Digital Asset Investment Management) has introduced a company-sponsored retirement plan that allocates up to 10% of its holdings to Bitcoin. The program is compliant with ERISA, and Gemini Trust will hold the BTC assets for Daim. The Bitcoin assets will be held in cold storage, which is the safest way to store Bitcoin
Axie Infinity is a blockchain-based game which can best be described as a combination of Pokemon and CryptoKitties. The game leverages Ethereum’s non-fungible token standard so that players can collect unique Axies, and has more than 10,000 monthly active users.
Another interesting week on the crypto markets is ahead of us. In fact, there is so much going on this week that it was next to impossible to pick just 3 coins to watch. Therefore our this week’s selection exclusively includes 4 coins. The additional coin makes the article a bit lengthier, so let’s take a dive right into it.
The Bitcoin market has been in a frenzy lately, and it’s attracting a lot of attention. We’re seeing famous individuals discussing Bitcoin publicly at an increased rate. Wealthy ad famous people are very influential, and when they enter the crypto space, others will think more seriously about this new world.
European Central Bank president Christine Lagarde thinks it’s more likely than not that Europe will decide to release a digital euro. When commenting on the digital euro, Lagarde also explained that the ECB isn’t racing to be the first to release a central bank digital currency, but added that she believes the bank will decide about this project shortly.
With fall now upon us and summer well in the past, you may be left wondering what things you can do to keep yourself entertained. While there are some warm fall days, the majority will be too chilly to spend outside, and if you’re a lover of the outdoors, this is not a good thing.
Satoshi Nakamoto, the pseudonym of the Bitcoin creator, developed cryptocurrencies as a medium of payment and a store of value. The other cryptocurrencies that followed had similar or more advanced use cases. The way cryptocurrencies redefined payments was a clear indication that they will soon become a part of many other industries apart from pure account-to-account digital payments.