NextPrime

Capital efficiency for digital asset markets

[NextPrime @nextprime_com]

The risk premium for crypto as an asset class is still too high. That’s why major financial players still aren’t investing in crypto at the scale they could be. We are looking to change all of that at https://t.co/HtN8TkI6Hr

[NextPrime @nextprime_com]

@CoinDesk @pornhub_premium @Dan_Z_Palmer Given the tax implications for long term holders of $BTC and $LTC in the US, it would be better to support $USDT, $USDC and other #stablecoins. Regardless, it's good to see these major #cryptocurrencies being accepted.

[NextPrime @nextprime_com]

@HaileyLennonBTC @CoinDesk I am completely convinced the regulators will come in, and I bet it will be around the lending first.

[NextPrime @nextprime_com]

You mean the institutional #crypto traders are going to actually start trading some #cryptocurrencies? Awesome!

But then why are most of the low to mid cap #altcoins down even more than #BTC?

What do we know, we just watch the screens and read the data.

[CoinDesk @CoinDesk]

MARKET WRAP: Is DeFi assisting the bitcoin dump? “We are now seeing more institutional traders take some profit and reallocate it into ‘riskier’ low- to medium-cap altcoins,” said a crypto brokerage CEO.

Report by @danielcawrey:
https://t.co/1lPkqbW0wv

[NextPrime @nextprime_com]

Giving the current frothiness in the #cryptotrading space right now, we felt that this was a timely article. Especially important because it does not feel like things will be changing any time soon. Take a breather and give this article a read.
https://t.co/U5EdgaoDqV

[NextPrime @nextprime_com]

@CryptoUnitcom Buffet is buying shares of Barrick Gold, a physical mining company. He is not buying Bitcoin.

[NextPrime @nextprime_com]

We talked about this yesterday. The US government has now plainly stated they can track #Bitcoin transactions. They now allow banks to custody #cryptocurrencies. #Crypto is being legitimized, and we expect more mainstream adoption from here on out.
https://t.co/Azsi807u0r

[NextPrime @nextprime_com]

This may look bad for #Bitcoin. We have a different take. If regulators and law enforcement believe they can track and seize #cryptocurrencies from bad actors with similar effort to fiat, they will have fewer issues with it and allow further adoption.
https://t.co/U623sonHYR

[NextPrime @nextprime_com]

China has not straight up banned #Bitcoin. Why? Maybe they suddenly discovered a utility in #decentralized #cryptocurrencies? One that everyone using #BTC and other #Cryptos has been discussing for 10 years now? Just a thought. 🤷‍♂️
https://t.co/wizxZv11MR

[NextPrime @nextprime_com]

#ETH fees are climbing, #BTC is bouncing, #DeFi is exploding, just another day in the exciting world of #cryptocurrencies.

We at NextPrime are preparing for a big September. More news to come... keep an eye out!

[NextPrime @nextprime_com]

If this isn't the news of the day for #Bitcoin, I don't know what is. A 9 figure purchase of #BTC by a corporate treasury could be the first of many. What happens when banks and insurance companies start holding #cryptocurrencies in their treasuries?
https://t.co/v3q6bGs50f

[NextPrime @nextprime_com]

The #DeFi boom is upon us. We have questions.
• Is this a signal that people are losing faith in banks and not just fiat?
• When will #Ethereum see a spike from DeFi?
• Will it hold back the #ETH based DeFI boom if it cannot scale or get too expensive?
https://t.co/qFpD6T7T4u

[NextPrime @nextprime_com]

Goldman's Digital Assets Chief says there is a resurgence of interest by institutional investors in #crypto and #DigitalAssets. In other news, we are being told water is often wet and the sky can be blue. Have a great weekend, everyone!
https://t.co/9hVPRA8wu7

[NextPrime @nextprime_com]

@BrainzXrp We expected nothing less from you. 😄

[NextPrime @nextprime_com]

#DeFi is huge right now, and #Ethereum is the token driving it. But will that continue? Or will another token rise to challenge? Is this why #XRP is shadowing #ETH in price and volume?
https://t.co/JU2nBS2qSt

[NextPrime @nextprime_com]

Interesting story from @CryptoGlobeInfo. Did the hackers target #cryptoexchanges with weak KYC to launder the #Bitcoin random they were paid? Will this force exchanges to only work through their regulated country specific subsidiaries? What do you think?
https://t.co/lWIjJHTggt

[NextPrime @nextprime_com]

We too are shocked (SHOCKED!) to find the public #Blockchains for #crypto and other digital assets are more transparent than the current web fiat financial solutions. Our question: Is this going to hasten the development for #CBDC projects?
https://t.co/zcIoFwYXdB

[NextPrime @nextprime_com]

Shout out to @SeanRistau who chairs the Digital Currency & Blockchain working group at the FIX Trading Community for helping represent FIX in this digital asset space.

[NextPrime @nextprime_com]

We at NextPrime are excited about the continued growth and usage of FIX in the #crypto trading space. We are connected to several different FIX feeds from a number of different exchanges for injecting trade execution drop copies.
https://t.co/TYB7V43Gat

[NextPrime @nextprime_com]

A report from @coinbase shows a continued growth of institutions investors getting into #cryptocurrencies and other digital assets in 2020. Our bet: This is another way for them to hedge against the avalanche of fiat and debt hitting the global markets.
https://t.co/72Vs4finug

[NextPrime @nextprime_com]

Wash trading is a major issue in #cryptocurrency markets. Canadian regulators caught an exchange doing this in country. Unless the industry steps up with self-regulation around wash trading, regulators will.
#cryptoexchange #cryptocurrencies
https://t.co/9YVbsUzKKT