Bitcoin and the Liquidity Question: More Complex Than It Seems
The expected renewal of U.S. money printing, should it materialize, will further debase the dollar, highlighting the store-of-value properties of assets with a fixed supply. Gold has been the traditional haven over the centuries, and earlier reached its highest point since the aftermath of the Ukraine invasion early last year. However, gold is not exactly seizure resistant, is hard to store unless via a centralized third party,and is complicated to spend. BTC, on the other hand, is digital, can be moved with relative ease, and is an evolving technology with use cases yet to emerge.
Related Posts


The Need for Clarity in Washington – Not Just on Crypto
So, will the Federal Reserve raise rates again at its next meeting?Maybe. Maybe not. But, then again, it depends. I mean, Fed Chair Jerome Powell seemed like he sounded more dovish. Or perhaps it was that the FOMC’s statement felt less hawkish. Right? Kinda, no?The ambiguous messaging from this week’s meeting of the Federal Open…

Bitcoin’s ‘Toxic’ Twitter ‘Culture War’ Explained
news “What the heck! It’s a food fight on here. [Bitcoin developer] Matt Corallo is mad at Blockstream. Ragnar and Giacomo Zucco clubbing people left and right. Wat is going on!?” This text from a bitcoin enthusiast friend aptly described the confusion on social media platform Twitter in recent days, when leading members of the…

Hong Kong’s Financial Secretary Declares Now Is the ‘Right Time’ for Web3 Adoption
Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.Cam Thompson is a news reporter at CoinDesk.Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and…

Uniswap Users Have Claimed $560M-Worth of UNI Tokens in a Week
Sep 24, 2020 at 14:21 UTCUpdated Sep 24, 2020 at 14:25 UTC(Heinrich Jonas/Wikimedia Commons)Uniswap users have snapped up much of the supply of free UNI tokens in the first week. Data from Dune Analytics on Thursday shows that eligible participants in the DeFi project have claimed approximately 78% of the existing UNI supply – just…

$900 Million: Coinbase Records Highest Weekly Ethereum Trading Volume Since 2017
news Weekly trading volume for the world’s second largest cryptocurrency by market value, Ethereum (ETH), reached its highest notional value in over 17-months on the popular exchange Coinbase. In Coinbase’s two most popular ETH markets, ETH/BTC and ETH/USD, a combined total of 3,675,570 units of ETH changed hands from May 13 to May 19, which…

Blockchain Gaming Platform Enjin Updates Wallet Ahead of China Expansion
Apr 15, 2020 at 10:00 UTCEnjin Wallet now supports ENS domains. (Credit: Enjin)Blockchain gaming platform Enjin is opening up its wallet to Chinese users ahead of a planned expansion into the Asian nation.In an announcement on Monday, the project revealed that its the wallet for its Enjin coin (ENJ) cryptocurrency is now "certified and compliant…

Quoine Looks to Boost Crypto Liquidity With New Trading Platform
Cryptocurrency exchange startup Quione has launched a new trading platform that it says will bring much needed liquidity to the crypto markets. Called Liquid, the new service is a cryptocurrency trading "portal" that provides users with access to what it claims in a press release is "a worldwide network of cryptocurrency exchanges." With a lack of liquidity…

Coinbase Trades at a $77B Valuation as BTC Heads Towards a $1T Market Cap
An overview of key news, from a new DeFi Index fund for accredited investors to bitcoin shrugging off growing Treasury yields.This episode is sponsored by Nexo.io.Today’s episode of “The Breakdown” analyzes a number of topics across the bitcoin and crypto industry, including:Bitcoin reclaims $50,000 and looks towards a $1 trillion market capTreasury yields rise, hammering…