2020-6-12 16:00 |
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Despite the retraction, the crypto community said the policy is a perfect example of why decentralization and self-custody of funds are so important.
Cryptocurrency exchanges continue to see significant Bitcoin (BTC) outflows since Black Thursday (mid-March 2020). Balances have reportedly declined by a staggering 12. 7% year to date (YTD). This emerging trend of deposit displacement likely indicates a growing appreciation for Bitcoin as a haven asset.
The funding will help the Boston-based startup expand its non-custodial settlement system, potentially to institutional players.
On this episode of Bitcoin Macro: "For traditional investors, it's sort of a challenging paradigm when these three things are wrapped together."
CoinShares CSO: institutions “live-action role-playing” in Bitcoin
bitcoin is a cultural movement. bitcoin is for people. bitcoin is about principles. …or at least, this is the proposition that CoinShares Chief Strategy Officer, Meltem Demirors, put forward in a recent Twitter thread.