[ad_2][ad_1] Earlier this year, Nasdaq-listed MicroStrategy converted its $ 425 billion worth of cash reserves into Bitcoin. Explaining his bold call to invest in an asset that remains notoriously volatile and unregulated, company CEO Michael J. Saylor said it has “better long-term appreciation potential than holding cash.” Many analysts have …
Read More »Blockchain Bites: Data Unions. Hard forks. And the case of a Citi analyst for $ 300,000 BTC.
[ad_2][ad_1] A Citibank CEO thinks bitcoin could reach $ 318,000. MIT researchers blatantly reject blockchain-based voting. And the latest fork of Bitcoin Cash looks set to fail. Upper shelf Technical comparison?A Citibank executive released a report predicting that bitcoin could reach $ 318,000 by December 2021. Using technical analysis and …
Read More »Deutsche Telekom, Alibaba Cloud, Citi Join Hyperledger Blockchain Project
[ad_2][ad_1] Blockchain consortium Hyperledger is continuing its rapid expansion by adding 16 new members. Some 16 new members were announced Wednesday at the Hyperledger Global Forum in Basel, Switzerland, including cloud computing firm by Alibaba Cloud, a subsidiary of the global conglomerate; financial services giant Citigroup and its Citi Ventures …
Read More »Stellar (XLM), Ethereum (ETH) can revolutionize the global payments market – Citi Ventures Consultant
[ad_1] The payment market is one of the most developed markets globally. However, the block-based solutions of Stellar and Ethereum could be a turning point for this space, even if the rates for the points of sale become a constant obsession with contention. Citi Ventures' Blockchain consultant, Omir Malekan, explained …
Read More »Ethereum and Stellar can take over global payment networks like Visa, says Blockchain Consultant at Citi Ventures
[ad_1] "Fiat's stablecoins will finally dominate the retail industry, and for customers, the experience will not be different from using any other mobile wallet to be paid at the cash desk, but for dealers, blockchains used will generate huge savings. " Ethereum-based products will be programmable through smart contracts that …
Read More »Treats cryptocurrency and blockchain with healthy skepticism: Citi
[ad_2][ad_1] Crypto is not sold out. The analyst of Citi Josh Levin says to treat the many predictions of cryptocurrency and blockchain with "healthy skepticism" and to remain "broad-minded". "Our broad conclusion based on empirical evidence to date is that investors should keep an open mind but deal with the …
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