Digital Assets Report 52
- Incoming Meta CTO targets 'Deep Compatability' With Blockchain & Web 3.0
- Bitcoin climbs back above $50k
- Ray Dalio claims that Bitcoin has proven itself as a currency and store of value
Business
Meta Targeting ‘Deep Compatibility’ With Blockchain, Web 3: Incoming CTO - Decrypt
A senior executive at newly-branded Meta reportedly urged staff to explore ways in which the company could embrace blockchain technology.
Colombian real estate platform La Haus allows bitcoin payments. - Chaintimes.com
The Colombian real estate platform La Haus is now allowing users to purchase properties with the leading cryptocurrency, Bitcoin.
Crypto exchange Kraken acquires non-custodial staking platform Staked
The crypto exchange aiming for a valuation fo $10 billion or more, Kraken, said it had added Staked to its portfolio of yield products following an acquisition for an undisclosed amount.
Markets
Bitcoin battles bears ‘on offense’ as Christmas delivers a $50K BTC gift
Bitcoin price doubles versus Christmas 2020 as $50,000 stays firm as BTC price support.
Grayscale Bitcoin Trust Hits Record Discount of 21.3%
Grayscale’s institutionally-focused GBTC product changed hands at a record 21.3% discount at last week’s closing price.
Regulations
Binance gets the green light from Canada and Bahrain
Binance’s regulatory odyssey has been nothing short of thrilling in 2021, as the cryptocurrency exchange continues to expand into new countries and obtain appropriate regulatory approval.
Binance Signs Agreement With Dubai Authority to Establish Crypto Hub - Decrypt
Crypto exchange Binance has signed a Memorandum of Understanding with the Dubai World Trade Centre Authority.
Turkey President Erdogan to Send Crypto Law to Parliament: Report
Recep Tayyip Erdoğan told reporters that the law would be sent to the national assembly “without delay.”
Opinions
Why Portfolio Managers Will Need to Look at Altcoins in 2022
The more uncorrelated they become with bitcoin (itself uncorrelated to traditional assets), the stronger the diversification play.
Bitcoin Has Proven Itself, Says Billionaire Ray Dalio
According to the billionaire, bitcoin serves as a type of money and is also an alternative to gold.
Mexican billionaire says ‘buy Bitcoin’ in New Year message
Mexico’s third-richest person sent out a heart-warming new year message to Bitcoin (BTC) enthusiasts on Christmas eve.