Citibank presents its “bull case” for Bitcoin, but also cautions of risksThe crypto market cap is $1.50T, a 0.21% decrease over the last day.
Author: Shaurya Malwa US bank Citibank said that macro conditions have created a “tipping point” for the world’s largest crypto asset. Citibank analysts said Bitcoin is poised to become the world’s “currency of choice” for global trade and that the asset has reached its “tipping point,” as per a research report to clients on Monday. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. 🔥 Trending Sectors
BlockDown is back for 2021!
Mark your calendars as BlockDown Conference returns for a 1 year anniversary special for its 4th iteration on April 15-16. BlockDown 4.0 will welcome a host of the most paramount personalities and experts from the crypto space, as the event celebrates the bull market of 2021 with keynotes, panels and topical discussion. Organisers EAK Digital, a leading blockchain marketing agency, are excited to welcome Francis Xavier Suarez - Mayor of Miami, Akon - Founder of Akoin and Sergey Nazarov - Co-Founder of Chainlink to speak at BlockDown 4.0. Attendees will experience new interactive and innovative ways to gain exclusive NFTs, join private backstage interactive sessions on the new social media platform, Clubhouse, and much, much more! Click below for your free BlockDown 4.0 ticket. More news ⏬Akon, Sergey Nazarov, and Mayor of Miami lead line-up for upcoming BlockDown ConferenceBlockDown Conference is set to celebrate its first anniversary with its most ambitious event to date on April 15-16, the firm shared in a release to CryptoSlate. Shark Tank’s Kevin O’Leary allocates 3% of portfolio to BitcoinPopularly known as “Mr Wonderful,” O’Leary was earlier skeptical about the crypto sector but he seems to have turned around on that thought. Grant Blaisdell on why he is creating an NFT marketplace for digital space assets, his biggest crypto horror story, and moreCryptoSlate recently had the opportunity to chat with Grant Blaisdell, the founder and CEO of Copernic Space, a marketplace for “digital space assets and companies.” Grant has been creating ventures at the intersection of new technologies and media in the US and Central Europe since his late teens. Cardano crosses 500k accounts and Daedalus launches native-asset supportThe Cardano blockchain now hosts over half a million unique wallet addresses, with the number growing each hour. Miami Mayor responds to Yellen saying Bitcoin is worth studyingMiami Mayor Francis Suarez addressed Treasury Secretary Yellen’s recent Bitcoin snub, saying he isn’t surprised she is hostile towards the leading cryptocurrency. Dapper Labs ‘NBA Top Shot’ NFTs hit $230 million in salesNFTs of NBA Top Shots have taken both the crypto and the real world by storm. Data shows miners are “accumulating” as Bitcoin falls to $44,000Bitcoin markets saw a drastic correction over the last week which carried over to the weekend. Latest Ethereum DeFi exploit sees $14 million stolen from ‘Furucombo’DeFi exploits and attacks have become increasingly commonplace as the space evolves and attracts both money and participants. China: Private banks to help with the rollout of booming digital yuanThe nation is leading in the development of a state-backed digital currency and banks are joining that cause. Web3’s Dieter Fishbein on DeFi’s pain point and the birth of Kusama
Polkadot and Kusama turned out to be two of the biggest projects in 2020. Both are high-speed, highly secure blockchains that allow developers to issue their own projects and get funded by the network itself—a type of development that opened the doors to an entirely new technical area achievable with blockchain and crypto technology. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🗞 Got a story tip? Email tips@cryptoslate.com Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article.
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