This Type Of Token Has Increased 30-Fold YTD

افلاطون کے ذریعہ دوبارہ شائع کیا گیا۔

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جون 11، 2021by مارک مرڈاک

11 جون، 2021 / Unchained Daily / Laura Shin

ڈیلی بٹس ✍️✍️✍️

لیجر اٹھایا a $380M Series C at a $1.5B valuation.
Meat supplier JBS paid $11M in BTC to resolve a ransomware attack.
ForUsAll, a 401(k) provider, is partnering with Coinbase to allow administrators to invest up to 5% of their 401(k) contributions کریپٹو میں (ForUsAll’s CEO Jeff Schulte is this week’s guest on Unconfirmed).
The SEC sent out a second note to investors, warning against Bitcoin futures.
Karura, a DeFi network for Kusama and Polkadot, raised $100M via a crowd loan.
کریپٹو پنک 7523 sold for $11.7M.
Arrington Capital Management is launching a $100M fund to invest in the الگورنڈ ماحولیاتی نظام.
The Texas Department of Banking gave crypto custody a گرین لائٹ for state-chartered banks.
0x and Polygon are spending $10.5M to woo developers to build on Polygon.
Referencing El Salvador, an IMF spokesperson نے کہا that “adoption of bitcoin as legal tender raises a number of macroeconomic, financial and legal issues.”
A global standards body for bank regulation recommends strict capital requirements for banks with crypto exposure in its latest consultation.

آپ کا کیا مطلب ہے؟

Poppin' کیا ہے؟

Inflation is poppin’.

یو ایس بیورو آف لیبر سٹیٹسٹکس رپورٹ کے مطابق a 5% rise in the consumer price index over the past 12 months — the largest yearly increase since a 5.4% rise in August of 2008.

In a similar vein, weekly data shows that the Federal Reserve’s balance sheet has topped $8 trillion for the first time, up nearly $1 trillion from June 2020 — the rough equivalent of a 15% increase.

A Crypto Inflation Hedge Has Increased 30-Fold YTD

According to research compiled by Arcane Research and خلاصہ by CoinDesk, one crypto-asset class has been very successful during May and June’s bearish market action, perhaps suggesting that crypto investors are looking for an inflation hedge and proven store of value during turbulent times.

Indeed, the market capitalization of gold-backed tokens has grown 30-fold since the start of 2020. Carl Vogel, a senior product manager at Paxos, the creator of the largest gold-backed token (PAXG), told CoinDesk that “gold tends to be, in very volatile times, a very natural and great asset class to go ahead and diversify into.”

Bitcoin’s market cap, often touted as a hedge against inflation, is only up about 25% YTD, coming nowhere close to the 30-fold number of gold-backed tokens, indicating that Bitcoin’s “digital gold” narrative may have died down a bit.

تجویز کردہ پڑھیں

The World Economic Forum on DeFi:

Here is a fantastic breakdown of Vitalik Buterin’s UNI as an oracle proposal:

Glassnode on Bitcoin’s on-chain market cycles (an oldie but a goodie):

پوڈ پر…

اپنے 401(k) میں کرپٹو چاہتے ہیں؟ یہ آخرکار ممکن ہے — اس فراہم کنندہ کے ساتھ

اس قسم کے ٹوکن نے YTD PlatoBlockchain ڈیٹا انٹیلی جنس میں 30 گنا اضافہ کیا ہے۔ عمودی تلاش۔ عی

ForUsAll recently announced a new product that will allow cryptocurrency investments to be made inside 401(k) retirement accounts. Jeff Schulte, CEO of ForUsAll, discusses why putting crypto in a 401(k) is such a game changer, how this differs from Bitcoin IRAs, and more! Show highlights:

how bringing crypto into a 401(k) with ForUsAll will work
what “guardrails” ForUsAll is placing on investors who choose to invest in crypto
the tax advantages of purchasing crypto within a 401(k)
whether ForUsAll is offering a Roth IRA
why nobody has offered crypto within a 401(k) before now
what differentiates a crypto 401(k) from a self-directed IRA
what are the fees for the 401(k), who it will be available to, and when it will launch
how security and keys are being handled
why ForUsAll is not offering every token available on Coinbase
how ForUsAll is determining which cryptos will be available to trade
why offering crypto ETFs through a 401(k) may cause problems regarding the fiduciary risk of employers
what new crypto features ForUsAll is excited to roll out