New quarterly update from NYDIG: https://t.co/2jguOnuTAy
Bitcoin fell 22.5% in Q1 but has rallied since the Iran conflict, outperforming gold and silver as a geopolitical hedge. Major banks are launching crypto custody and ETF products, new capital structures are driving buying pressure, and May is the make-or-break month for the Clarity Act before midterms change the game.
The CFA Institute (an institution steeped in tradfi ideology) just wrote an incredibly open-minded review of “Principles of Bitcoin”.
“To understand bitcoin is as much about unlearning traditional concepts of asset valuation as it is about modifying one’s approach to understanding this new thing.
Governments, policymakers, economists, information technology professionals, and risk officers will all welcome the author’s rigorous analysis and lucid explication. CFA® charterholders and those aspiring to be will find the treatment of the subject matter a bit different from more conventional valuation processes accorded public and private markets. Then again, bitcoin is anything but conventional.
Readers would do well to approach Bitcoin with intellectual curiosity and patience. You don’t know what you don’t know. Through this work, Vijay Selvam endeavors to close that gap.”
Full review 👇
@zerohedge True.
That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.
BREAKING: 🇺🇸 🏦 U.S. Bank resumes #Bitcoin custody for institutional funds via NYDIG partnership, expanding to include spot Bitcoin ETFs after 2021 pause per regulatory clarity.
Back from Vegas and back to work.
This Monday, LIVE AT PUBKEY: SEC Commissioner Hester Peirce @Hesterpeirce and @NYDIG Founder & Exec Chairman Ross Stevens. An exclusive conversation for ticketed guests only. https://t.co/tiF66EmUrE
"NYDIG will invest in and expand the footprint of Digital Flare Mitigation and bitcoin—separately and in combination—across the country and around the world, doing our part to advance human flourishing." – Ross Stevens, Founder & Executive Chairman https://t.co/QwmmEHdOBS
Well-crafted and nuanced, the article from @NYDIG founder Ross Stevens and the @gibsondunn team strikes a great balance of assertive confidence grounded in Constitutional theory/law.
@logan__scott__