Daily transaction volumes:
- Visa does ~$30 billion
- MasterCard does ~$11 billion
- Bitcoin does ~$8 billion
Bitcoin is closing the gap.
This will be the real flippening 🔥
JUST IN: SEC charges EtherDelta founder with operating an unregistered exchange -- its the agency's "first enforcement action based on findings that such a platform operated as an unregistered national securities exchange." Story to come
We now see Singapore, Taiwan, Japan, Korea and Hong Kong competing to be the blockchain hub in Asia. What do you think? I personally hope all of them success.
All the good work being done in crypto right now is laying the groundwork for the future.
Be patient.
Bear markets get rid of the tourists, so the innovators can focus.
This week in crypto:
1. Bakkt sets launch date
2. Singapore invests in Binance
3. China ruled BTC is property
4. Bitfury considers IPO
5. Coinbase now qualified custodian
6. Coinbase adds USDC
7. Elon tweeted about BTC
5. BTC less volatile than S&P 500, Nasdaq & DOW
Onwards!
“If you are a CEO and you hire one person who’s exactly like you, you have done nothing.”- @SallieKrawcheck, CEO & Co-Founder, @Ellevest on the importance of diversity in the workplace. #Money2020
If you were guaranteed to die tomorrow, what is the one thing you would make sure to do first thing in the morning?
Genuinely interested in what people would put at top of their list.
This week in crypto:
1. Crypto miners caught in trade war
2. SEC start FinHub to help startups
3. US Marshals will auction $4.3M BTC
4. Bitcoin Futures grew 41% in Q3
5. Qtum partnered w/ AWS in China
6. @coinbase listed 0x token
7. ETH Foundation awarded $3M in grants
Onwards!
Current fiat backed stable coin global 24hr volumes:
Tether: $2.3B
TrueUSD: $9.4M
PAXOS: $3.7M (Regulated, and only recently listed on Binance for a few days)
Gemini Dollar: $79K
USDC: unknown
Learn about them and choose for yourself.