The two Styles of Merchants Using Hobby in Crypto
Matt Hougan, chief funding officer of Bitwise Asset Administration, discusses a milestone Bitwise reached this week — hitting $100 million in property below management. He also lined
- what has been driving interest in Bitwise merchandise
- the two varieties of purchasers who had been in particular drawn to buying crypto property this year and why
- what this says about the maturation of the industry in comparison with one day of the 2017 bubble
- how conversations with Bitwise prospects maintain modified since then
- what impact this week’s bullish JPMorgan analysis expose about Bitcoin could well per chance maintain on merchants and why it became so fundamental
- what the significance shall be of the combination of bitcoin, ether and other cryptocurrencies by PayPal subsequent year
- how Microstrategy and Square inserting Bitcoin on their steadiness sheets will pave the model for other companies to enact so
- how the current Fed policy of focusing on an life like 2% inflation payment could well per chance maintain an label on Bitcoin
- how fresh regulatory actions, similar to with BitMEX, maintain an label on the likelihood of a Bitcoin ETF being licensed within the following couple of years
- how a company cherish Bitwise, which interfaces with passe merchants, creates viable funding autos spherical DeFi for its clientele
- what a Trump glean vs. a Biden glean could well per chance imply for the crypto industry
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Episode hyperlinks:
Matt Hougan: https://twitter.com/Matt_Hougan
Bitwise: https://www.bitwiseinvestments.com
Bitwise reaches $100 million in AUM: https://www.prnewswire.com/files-releases/bitwise-surpasses-100-million-in-property-below-management-due-to-rising-ask-for-crypto-from-hedge-funds-and-financial-advisors-301161317.html?tc=eml_cleartime
JPMorgan analysis expose on Bitcoin: https://fortune.com/2020/10/26/jp-morgan-breeze-bitcoin-predictions-analyst-jpm-cryptocurrency/ https://twitter.com/DTAPCAP/build/1319703750450302980?s=20
Matt’s share on the significance of the OCC letter giving banks the authority to custody crypto property: https://www.forbes.com/sites/matthougan/2020/07/27/the-occs-sight-on-crypto-is-a-undoubtedly-mighty-deal/
Matt’s essay on how the Fed’s current manner to inflation could well per chance maintain an label on Bitcoin: https://www.forbes.com/sites/matthougan/2020/09/22/this-current-fed-policy-could well per chance-be-a-game-changer-for-bitcoin/
Matt’s submit on DeFi: https://www.forbes.com/sites/matthougan/2020/07/13/why-ethereum-has-valuethe–opportunity-in-programmable-money–defi/#67e88a364818
News Recap:
https://unchainedpodcast.com/a-binance-decoy-for-us-regulators/
Source credit : unchainedcrypto.com