Bitcoin Goes Mainstream: Morgan Stanley Tells Advisors to Buy In

Morgan Stanley has made a landmark move in the crypto space that could significantly reshape mainstream investment strategies.

In its latest guidance, the firm’s Global Investment Committee (GIC) recommended that financial advisors and clients maintain a 2%–4% Bitcoin allocation. According to the analysts, BTC is like digital gold, calling it “scarce.”

Here's the essence of their "huge" Bitcoin call:

Allocation Guidance

• Global Investment Committee (GIC) recommends a 2%–4% allocation to Bitcoin across client portfolios:
  • 2% for balanced growth
  • 3–4% for opportunistic or market-driven returns
• This guidance reaches 16,000 financial advisors managing $2 trillion in client assets.

Why It Matters

• Morgan Stanley views Bitcoin as “digital gold”—a scarce, long-term asset with diversification benefits.
• Institutional ownership of Bitcoin ETFs has climbed to 25% in H2 2025, up from 21.9% in Q1.
• Morgan Stanley holds $187 million in BlackRock’s iShares Bitcoin Trust (IBIT), ranking among the top five holders.

Potential Impact

• Bitwise CEO Hunter Horsley called the update “huge,” noting it could open the floodgates to $2 trillion in potential crypto exposure.
• Partnership with ZeroHash aims to bring crypto access to retail clients via E-Trade by 2026.
• ETF inflows have helped push Bitcoin to a new ATH of $125K, with further advisor-driven demand expected to amplify the rally.

Bitwise CEO Hunter Horsley called it “huge” and posted on X, saying - “GIC guides 16,000 advisors managing $2 trillion in savings and wealth for clients. We’re entering the mainstream era.”

Mr. Raj Karkara, COO, ZebPay, said “Bitcoin’s record-breaking surge past $125,000 marks a defining moment for the digital asset ecosystem, driven by sustained institutional inflows into spot ETFs, declining exchange reserves, and a pronounced macro shift toward the ‘debasement hedge’ narrative. This rally isn’t fueled by short-term momentum alone; it reflects a structural tightening of supply amid robust on-chain activity and renewed investor conviction. As liquidity migrates towards regulated venues and Bitcoin cements its place among the world’s most valuable assets, we’re witnessing a pivotal evolution in market maturity and capital efficiency within the crypto economy. These developments highlight not only Bitcoin’s resilience as a store of value but also the growing sophistication of participants navigating this dynamic landscape.”

Taiwan’s First Public Bitcoin Treasury Signals Asia’s Corporate Crypto Shift

In a landmark move for Taiwan’s corporate crypto landscape, Top Win International, originally a luxury watchmaker, has become Taiwan’s first publicly traded corporate Bitcoin treasury. It has successfully raised $10 million to launch the country’s first corporate Bitcoin treasury. The company is rebranding as AsiaStrategy, positioning itself as a regional counterpart to U.S.-based MicroStrategy.

The funding round, completed on August 15, was led by WiseLink, a Taiwan-listed zipper manufacturer and software firm, which contributed $2 million via three-year convertible notes. Additional backing came from U.S. investor Chad Koehn and four unnamed private investors.

AsiaStrategy plans to use the capital to:

• Accumulate Bitcoin at current market prices (~$42,500 per BTC)
• Invest in other listed Bitcoin treasury firms
• Avoid classification as a traditional investment company, sidestepping regulatory hurdles like SEC oversight

The move follows a strategic alliance with Sora Ventures, which previously helped launch Japan’s first Bitcoin treasury firm, Metaplanet. Taiwan’s July 2025 rollout of a blockchain-based payment system further underscores its ambition to become a regional crypto innovation hub.

Global Context: How Taiwan’s Strategy Compares

Region/Country	Strategy Type	Key Players / Examples	Funding Mechanism	Regulatory Climate	Unique Traits
Taiwan	Corporate Treasury (Public)	AsiaStrategy (Top Win)	$10M via convertible notes	Pro-crypto, innovation-focused	First public BTC treasury in Taiwan
United States	Corporate + Government Reserve	MicroStrategy, U.S. Treasury	Equity, debt, asset forfeiture	Mixed; evolving federal stance	Largest BTC holder via seizures
Japan	Corporate Treasury (Public)	Metaplanet	Convertible debt, equity	Supportive, ETF approvals	Fastest-growing BTC firm in Asia
Bhutan	Sovereign Treasury	Druk Holdings	Mining + strategic purchases	Quiet but active	BTC mining via hydroelectric surplus
El Salvador	Sovereign Treasury	Government of El Salvador	Direct purchases	Fully legalized BTC	First country to adopt BTC as legal tender
UK & Europe	Corporate Treasury (Public)	Smarter Web Co., Blockchain Group	IPO + BTC treasury model	Varies by country	BTC as base layer for equity growth

Strategic Takeaway

Taiwan’s AsiaStrategy is adopting a cautious yet symbolic approach—leveraging convertible debt and public market transparency to build its Bitcoin reserves.
Unlike MicroStrategy’s aggressive accumulation or El Salvador’s sovereign adoption, Taiwan’s model is corporate-first and regulation-aware, signaling a maturing crypto strategy in Asia.

As Bitcoin continues to gain traction as a treasury asset, AsiaStrategy’s pivot could inspire a wave of publicly listed firms across Asia to follow suit—blending traditional business models with digital asset innovation.

Bitcoin’s Phantom Founder Joins Billionaire Elite – Still No Face, No Trace

In a world obsessed with fame and followers, one name stands out by disappearing: Satoshi Nakamoto. The mysterious creator of Bitcoin—who launched a financial revolution and then vanished—has quietly climbed to the 11th spot on the global rich list, boasting a jaw-dropping estimated net worth of $129 billion. Yet, not a single photo, interview, or tweet exists to prove he, she, or they were ever here.

The inclusion of Satoshi Nakamoto in the global rich list was primarily reported by Arkham Intelligence, a blockchain analytics firm. The firm estimated Nakamoto’s net worth at $128.92 billion, based on holdings of approximately 1.096 million BTC.

Thanks to an untouched stash of over 1.096 million BTC mined in the early days, Nakamoto now outranks billionaires like Michael Dell and nearly catches up to Warren Buffett. If Bitcoin continues its historic pattern of 50% annual growth, analysts project Nakamoto could become the second-richest person in the worl by 2026, trailing only Elon Musk.

But who is this shadowy figure?

Who Might Be Satoshi? Theories That Just Won’t Die

1. Hal Finney

A cryptographic pioneer and the first person to receive Bitcoin, Finney's deep technical knowledge and early involvement make him a prime suspect. Some theorists believe he may have worked solo—or as part of a clandestine team.

2. Nick Szabo

Inventor of “Bit Gold,” a conceptual precursor to Bitcoin. Linguistic analysis has linked his writing style to Nakamoto’s, though he denies the connection.

3. Len Sassaman

A privacy advocate whose death in 2011 curiously aligns with Nakamoto’s last known public messages. Conspiracy or coincidence?

4. A Team Effort?

Given the sophistication of Bitcoin’s code and its philosophical depth, some posit that Nakamoto wasn’t one person, but a group—possibly cypherpunks, cryptographers, and digital rights activists.

Names That Missed the Mark

• Craig Wright: The Australian scientist who infamously declared himself Nakamoto—only to be legally debunked in 2024.
• Dorian Nakamoto: A Californian physicist wrongly outed due to name confusion, sparking a media frenzy and sympathetic crypto donations.
• Peter Todd: A Bitcoin developer featured in HBO’s Money Electric: The Bitcoin Mystery. He denies being Satoshi, though whispers continue.

Fringe Theories That Keep the Internet Buzzing

• Arthur Britto: A Ripple co-founder who emerged in 2025 and coincidentally sparked movement in dormant “Satoshi-era” wallets.
• NSA/CIA Experiment: Bitcoin uses SHA-256, a cryptographic function developed by the NSA—fueling theories that the U.S. government is behind it all.
• Mob Strategy: A far-fetched narrative links Bitcoin’s decentralized ethos to legacy finance tactics from criminal mastermind Meyer Lansky.

The Man, Myth, or Mirror?

Perhaps the best encapsulation of Nakamoto’s legacy isn’t found on a blockchain, but in Budapest—where a bronze statue stands faceless, hooded, and polished to reflect whoever looks at it. A symbolic reminder that “We Are All Satoshi.”

No interviews. No appearances. Just a silent digital titan sitting on a crypto mountain—and reshaping the future from behind the curtain.

India To Release Crypto Regulation Discussion Paper Next Month: Report

India is gearing up to release a discussion paper on crypto regulation in June. According to reports, the paper is expected to outline policy framework options, drawing insights from the International Monetary Fund (IMF) and the Financial Stability Board (FSB). It will invite public feedback to shape India's broader regulatory approach to crypto assets.

India has maintained a cautious stance on cryptocurrencies, imposing a 30% tax on gains from virtual digital assets while requiring crypto exchanges to register with the Financial Intelligence Unit. However, taxation does not equate to legal recognition, and the government is taking a calibrated approach based on national priorities.

The discussion paper comes at a time when global attitudes toward crypto are shifting, with the US moving toward pro-crypto legislation and establishing a strategic bitcoin reserve. India’s stance will likely be influenced by these developments, but officials emphasize that no knee-jerk decisions will be made. 

This could be a pivotal moment for India's crypto landscape.

Key points that might be covered in the discussion paper

India's upcoming crypto regulation discussion paper is expected to cover several key areas:

• Legal Status of Cryptocurrencies: Clarifying whether crypto assets will be treated as commodities, securities, or a separate asset class.
• Consumer Protection Measures: Proposals to safeguard investors from fraud, including mandatory disclosures for exchanges and stricter penalties for violations.
• Taxation Framework: Addressing concerns around the 30% tax on crypto gains and the 1% TDS on transactions, with potential revisions to encourage domestic trading.
• Regulatory Oversight: Exploring registration requirements for exchanges and compliance with the Financial Intelligence Unit.
• Global Best Practices: Drawing insights from IMF and FSB recommendations, as well as regulatory approaches in the US, EU, and Singapore.
• Central Bank Digital Currency (CBDC): Positioning India's digital rupee as a regulated alternative to decentralized cryptocurrencies.
• Stakeholder Feedback: Inviting public and industry input to shape India's long-term crypto policy.

India is taking a calibrated approach, ensuring that regulations align with national priorities while keeping pace with global trends.

What is American Bitcoin, A Trump Family-backed BTC Mining Co. That's Now Going Public?

American Bitcoin is a Bitcoin mining company backed by Eric Trump and Donald Trump Jr. It was launched in March 2025 and is majority-owned by Hut 8 Corp. The company is set to go public through a merger with Gryphon Digital Mining, with shares expected to trade on Nasdaq under the ticker symbol ABTC.

The company aims to become the largest pure-play Bitcoin mining operation while maintaining a strategic Bitcoin reserve. Eric Trump, who serves as the chief strategic officer, has stated that the goal is to create the most investable Bitcoin accumulation platform. The Trump family will retain 98% ownership of the combined entity after the merger.

This move is part of the Trump family's broader involvement in cryptocurrency, which includes ventures like World Liberty Financial and meme coins $TRUMP and $MELANIA.

The merger is expected to be completed by Q3 2025, unlocking new capital for expansion. After the merger, American Bitcoin shareholders will retain 98% ownership of the combined entity, with Hut 8 continuing as its exclusive infrastructure and operations partner.

The Trump family has a significant stake in Hut 8 through its involvement in American Bitcoin. Currently, Hut 8 owns 80% of American Bitcoin, while Eric Trump and Donald Trump Jr. hold the remaining 20%.

The Trump family’s broader crypto ventures include World Liberty Financial, a crypto exchange, and the $TRUMP meme coin, which surged in value following promotional events.

Hut 8 Corp. is a Bitcoin mining and digital infrastructure company that integrates power, computing, and high-performance data solutions. It operates across 15 sites in the U.S. and Canada, including Bitcoin mining facilities, high-performance computing data centers, and power generation assets.

Hut 8 is also building a $2.5 billion AI and Bitcoin data center in Louisiana, known as the River Bend Campus. This facility will support 300MW of power and is designed for AI workloads and Bitcoin mining.

The company aims to scale low-cost Bitcoin accumulation while maintaining exposure to Bitcoin's long-term value.

Beyond mining, Hut 8 is also exploring AI hosting and high-performance computing (HPC), positioning itself as a key player in the evolving digital infrastructure landscape.

All About Trump's New US 'Bitcoin Reserve' To Strengthen Digital Asset Holdings

The Strategic Bitcoin Reserve and United States Digital Asset Stockpile was established through Executive Order 14233 signed by President Donald J. Trump on March 6, 2025. This initiative aims to position the United States as a leader in government digital asset strategy, ensuring Bitcoin and other digital assets are managed strategically. 

The simplified explanation of the new "Strategic Bitcoin Reserve and Digital Asset Stockpile" is — the U.S. government has decided to keep Bitcoin (BTC) in a special reserve, instead of selling it whenever it gets Bitcoin through legal processes (like when criminals' Bitcoin is seized). This is because Bitcoin is valuable, like gold, and the government wants to hold onto it for the future.

At the same time, the U.S. is also managing a Digital Asset Stockpile-which means the government is collecting other digital currencies that are taken from illegal activities. But these non-Bitcoin assets might be sold or used differently, depending on the government's plans.

The goal of these reserves is to make sure the U.S. strategically manages digital assets, instead of just selling them quickly. It helps the government stay prepared financially as digital currencies become more important.
This initiative centralizes the US government’s digital asset holdings, ensuring strategic management and long-term value preservation.

Here’s a deeper look into the Strategic Bitcoin Reserve and United States Digital Asset Stockpile, based on official sources:

Strategic Bitcoin Reserve

The U.S. Treasury will maintain Bitcoin (BTC) holdings as reserve assets, ensuring they are not sold but instead used to meet governmental objectives.

• Agencies holding forfeited Bitcoin must transfer them to the Strategic Bitcoin Reserve, consolidating BTC holdings under a single custodial framework.
• The Secretary of the Treasury and Secretary of Commerce are authorized to develop budget-neutral strategies for acquiring additional BTC, ensuring no incremental costs for taxpayers.

United States Digital Asset Stockpile

This stockpile includes non-BTC digital assets forfeited through criminal or civil asset forfeiture proceedings.

Unlike the Bitcoin Reserve, the Treasury retains discretion over how these assets are managed, allowing for strategic liquidation or retention.

The Stockpile does not acquire new assets beyond those obtained through forfeiture, ensuring a controlled approach to digital asset management.

Policy and Implementation

The Executive Order 14233 establishes these reserves to strategically manage federally owned digital assets.

The initiative aligns with the January 23 Executive Order, which directed the President’s Working Group on Digital Asset Markets to evaluate the feasibility of a national digital asset stockpile.

The Treasury Department will oversee custodial accounts, ensuring proper tracking and utilization of digital assets.

Secretary of the Treasury will oversees the Strategic Bitcoin Reserve and Digital Asset Stockpile, ensuring proper custodial management. Secretary of Commerce will work alongside the Treasury to develop budget-neutral strategies for acquiring additional Bitcoin.

Key Synopsis:

• Strategic Bitcoin Reserve: The U.S. government will maintain Bitcoin (BTC) holdings as reserve assets rather than selling them, recognizing Bitcoin’s scarcity and security as a unique store of value.
• United States Digital Asset Stockpile: This stockpile will include other digital assets forfeited through criminal or civil asset forfeiture proceedings, ensuring orderly and strategic management.
• Treasury Oversight: The Secretary of the Treasury will oversee custodial accounts for both reserves, ensuring proper tracking and utilization.
• Government BTC Policy: Agencies holding forfeited Bitcoin will transfer them to the Strategic Bitcoin Reserve, preventing premature sales that could negatively impact taxpayers.

This move reflects a shift in U.S. policy toward digital assets, recognizing their role in global financial stability.

SEBI Open To Overseeing Crypto Trade

India's market regulator, Securities and Exchange Board (SEBI) has shown openness to the idea of overseeing cryptocurrency trade, which is a contrast to the Reserve Bank of India's (RBI) stance, reported Reuters citing a document seen by the news agency.

SEBI has suggested that multiple regulators should oversee activities linked to cryptocurrencies that fall under their respective domains, and that a single unified regulator for digital assets should be avoided. This recommendation has been made to a government panel tasked with formulating policy for the finance ministry to consider.

The concerns around cryptocurrency regulation are multifaceted and stem from the unique characteristics of digital currencies. Cryptocurrencies are known for their high price volatility, which can lead to significant financial risk for investors and traders.

SEBI's approach includes monitoring cryptocurrencies that take the form of securities as well as new offerings called Initial Coin Offerings (ICOs). They have also mentioned the possibility of issuing licenses for equity market-related products. On the other hand, the RBI maintains a cautious stance, viewing private digital currencies as a macroeconomic risk and favoring a ban on stablecoins.

This development indicates a significant shift in India's regulatory approach towards cryptocurrencies and could lead to a more structured and formalized framework for crypto trading in the country. The panel plans to firm up its report as early as June 2024.

In 2021, the government prepared a bill that would have banned private cryptocurrencies though it has not been introduced. Last year, when it was president of the G20, India called for a global framework to regulate such assets.

Globally, there are several successful models for cryptocurrency regulation that have been developed by the respective countries. The EU introduced the Markets in Crypto-Assets Regulation (MICA) in May 2023, which is considered the world's first comprehensive cryptocurrency regulation. MICA aims to provide legal clarity and ensure consumer protection, market integrity, and financial stability.

The US has seen developments such as the Financial Innovation and Technology (FIT) for the 21st Century Act and the Blockchain Regulatory Certainty Act. These bills aim to define when a cryptocurrency is a security or a commodity and expand oversight of the industry.

The International Organization of Securities Commissions has laid out 18 recommendations for global rules on managing crypto and digital assets. The World Economic Forum's Digital Assets Regulatory (DAR) initiative analyzes outcomes of different national approaches to digital asset regulation.

1,800 Bitcoin Wallets Suspected of Engaging in Transactions Linked to Child Sexual Exploitation or Human Trafficking

According to a recent report by the wired, US senators have called for fresh scrutiny of cryptocurrencies' role in paying for child sexual abuse imagery online, a problem that they say has worsened.

"These are deeply troubling findings revealing the extent to which cryptocurrency is the payment of choice for perpetrators of child sexual abuse and exploitation," wrote US senators Elizabeth Warren and Bill Cassidy. They called for the United States' Department of Justice and Department of Homeland Security to redouble efforts to stop the use of cryptocurrency to pay for child sexual abuse material (CSAM) online.

Citing data from the US Treasury's Financial Crime Enforcement Network as well as research from Chainalysis, a company that specializes in tracing crypto transactions, and the Internet Watch Foundation, a CSAM-focused charity, the letter asserts that the "use of cryptocurrency in the illicit trade of CSAM appears to be increasing."

Between January 2020 and December 2021, the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) identified over 1,800 unique Bitcoin wallet addresses related to suspected online child sexual exploitation (OCSE) and human trafficking offenses. This alarming trend highlights the use of cryptocurrency, particularly Bitcoin, in criminal activities involving the exploitation of vulnerable individuals.

Child Sexual Exploitation (CSE) refers to victimizing minors for sexual gratification or other purposes. In this context, Bitcoin has been used to pay for child sexual abuse material (CSAM). The overlap between OCSE and human trafficking within the realm of cryptocurrency transactions underscores the need for vigilance and collaboration among financial institutions, law enforcement agencies, and nonprofit organizations to combat these heinous crimes.

It's essential to continue monitoring and addressing such illicit activities to protect the most vulnerable members of our society.

Catching perpetrators using crypto currencies for illegal transactions

While the use of cryptocurrencies can provide anonymity and challenges for law enforcement, there have been notable successes in catching perpetrators involved in criminal activities.

The Silk Road, an infamous dark web marketplace, facilitated illegal transactions using Bitcoin. In 2013, the FBI arrested Ross Ulbricht, the alleged founder of Silk Road, and seized approximately 144,000 Bitcoins (worth over $1 billion at today's prices). This case demonstrated that even pseudonymous transactions on the blockchain could be traced back to individuals.

Law enforcement agencies collaborated internationally to identify the site's operator, Alexandre Cazes. Cazes was arrested in Thailand, and authorities seized his assets, including cryptocurrencies.

In some cases, investigators have traced ransom payments to specific wallets and identified the perpetrators. For instance, the Colonial Pipeline ransomware attackers were tracked down, and part of the ransom was recovered.

Companies specializing in blockchain analytics provide tools to track transactions. These tools help law enforcement agencies follow the money trail and identify suspicious addresses.

Cryptocurrency exchanges cooperate with authorities by sharing information on suspicious transactions. This collaboration has led to the identification of criminals using exchanges for cashing out illicit gains.

Remember that while these success stories demonstrate progress, challenges remain. Criminals adapt, and privacy-focused cryptocurrencies continue to emerge. Law enforcement agencies must stay vigilant and adapt their strategies to combat crypto-related crimes effectively.

PayPal Held Over Half A Billion in Bitcoin, Ethereum Last Quarter

Payments platform Paypal held over half a billion dollars worth of the two largest cryptocurrencies — Bitcoin & Ethereum — as of December 31, 2021, according to its year-end report to the Securities and Exchange Commission (SEC).

It was in October 2020 when PayPal entered the cryptocurrency market, announcing that its customers will be able to buy and sell Bitcoin and other virtual currencies using their PayPal accounts.

As per SEC filings, PayPal Held $291 million in Bitcoin (BTC), and $250 million in Ethereum (ETH). Besides, another $63 million in assets were held in both Bitcoin Cash (BCH) and Litecoin (LTC), bringing PayPal's total crypto held on behalf of its customers to $604 million.

The amount is less than the previous quarter's figures, which logged $694 million in crypto as of September 31, back when Bitcoin traded at $19,400. That was also before the collapse of crypto exchange FTX, which resulted the Bitcoin's price went down to $16,600 by the end of the year.

PayPal mentions in the filing, "We allow our customers in certain markets to buy, hold, sell, receive, and send certain cryptocurrencies as well as use the proceeds from sales of cryptocurrencies to pay for purchases at checkout. These cryptocurrencies consist of Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. We engage third parties, which are licensed trust companies, to provide certain custodial services, including holding our customers’ cryptographic key information, securing our customers’ crypto assets, and protecting them from loss or theft, including indemnification against certain types of losses such as theft.

"Our third-party custodian holds the crypto assets in a custodial account in PayPal’s name for the benefit of PayPal’s customers. We maintain the internal recordkeeping of our customers’ crypto assets, including the amount and type of crypto asset owned by each of our customers in that custodial account. Given that we currently utilize one third-party custodian, there is concentration risk in the event the custodian is not able to perform in accordance with our agreement. ", mentions the filing by PayPal.

In June last year, PayPal started allowing users to withdraw their crypto astets to external wallets however just as a host of centralized exchanges and lending firms began to freeze user assets, PayPal too followed the knack. 

Besides these, recently it was reported that Paypal is exploring the creation of a stablecoin.“We are exploring a stablecoin,” a Paypal executive told reporters at the time. "If and when we seek to move forward, we will, of course, work closely with relevant regulators."

Nasdaq Establishes New Digital Biz, To Offer Custody Services for Cryptocurrencies including Bitcoin and Ethereum

American stock market exchange Nasdaq has announced the launch of “Nasdaq Digital Assets,” a new business that will power the digital asset ecosystem. 

With this new digital business, Nasdaq has indicated that it is ready to offer custody services for cryptocurrencies including Bitcoin and Ethereum following increased institutional demand. Nasdaq Digital Assets Will Provide a Proprietary Custody Solution with Liquidity and Execution Services for Financial Institutions.

According the Nasdaq's press release, Nasdaq Digital Assets will initially develop an advanced custody 
solution that will incorporate liquidity and execution services to address industry challenges around connectivity, availability, and efficiency.

Nasdaq’s custody solution will bring together the best attributes of hot and cold crypto wallets through an innovative technology offering, which will provide a high degree of accessibility and scalability without compromising security. Nasdaq’s offering is subject to regulatory approval in applicable jurisdictions.

Custody services provided typically include the settlement, safekeeping, and reporting of customers' marketable securities and cash. The custodian (Nasdaq, in this case) is responsible for the safety of the financial products. With this crypto holders may make additional income on custody assets by loaning cryptos on a short-term basis. In 2022, Wall Street has increasingly taken an interest in cryptocurrencies despite the slump in prices.

Nasdaq, which is the second largest U.S. stock market exchange, has announced the introduction of custody services among its many products. According to a press release by the stock market operator, this move was motivated by increasing institutional interest. Although the post has not specified the digital assets the operator will offer, two obvious coins have captured the attention of institutional investors in the last couple of years- Bitcoin (BTC), and Ethereum (ETH).

For most institutional investors, the two largest cryptocurrencies offer the most network security, price stability, and liquidity to act as introductory investments in the crypto space.

Tal Cohen, head of North American markets at Nasdaq, expressed confidence in the latest venture, noting — "Demand among institutional investors for engaging in digital assets has increased in recent years, and Nasdaq is well-positioned to accelerate broader adoption and drive sustainable growth."

Bloomberg has since reported that while the company is open to working with native crypto firms, there were no immediate plans to acquire a crypto firm.

Europe’s 1st Bitcoin ETF To Be Launched on Euronext Amsterdam By Jacobi Asset Management

First exchange-traded equity instrument for institutional investors to access Bitcoin in Europe

Largest exchange to list a Bitcoin spot ETF globally

First primary listing of a Crypto fund in the Netherlands

In a first for Europe, Jacobi Asset Management (Jacobi) announces the launch of the Jacobi Bitcoin ETF (the “ETF”) (BCOIN, ISIN: GG00BMTPK874) which will be listing on Euronext Amsterdam, part of Euronext, the leading pan-European marketplace from July.

The Jacobi Bitcoin ETF, which received regulatory approval from the Guernsey Financial Services Commission (GFSC) in October 2021, will begin trading in July on the Euronext Amsterdam Exchange under the ticker BCOIN. Custodial services will be provided by Fidelity Digital AssetsSM with Flow Traders and DRW facilitating trading as market makers.

CEO Jamie Khurshid said: “The Jacobi Bitcoin ETF will enable investors to access the underlying performance of this exciting asset class via a well-established and trusted investment structure. Our goal at Jacobi is to make digital asset investments simpler and more familiar for institutional and professional investors. We are delighted to be working with all our premier partners including Fidelity Digital Assets and Flow Traders who have supported us from inception and are an integral part of this European first as we list on Euronext Amsterdam”.

He added: “This is a significant step forward for Jacobi Asset Management. We have an ambitious vision and look forward to bringing an innovative product pipeline to the market very soon.”

“We are excited to be acting as lead market maker for Europe’s first Bitcoin ETF, which is another milestone in the development of the institutional digital assets space. This is also aligned with the growing demand from institutional investors who are looking to diversify their portfolios by adding Bitcoin and other digital assets. Flow Traders has been a longstanding supporter of enabling exposure in digital assets and we are delighted to be working with Jacobi Asset Management on this launch.” commented Edd Carlton, Institutional Digital Asset Trader at Flow Traders.

Legal support through the regulatory and listing process was facilitated by independent Dutch law firm Kennedy Van der Laan.

Emanuel van Praag, Attorney from Kennedy Van der Laan commented: “The first listed crypto ETF in the EU is indeed a proud achievement and we are happy that we were able to assist Jacobi Asset Management to achieve this goal.”

Jacobi Asset Management will provide European institutional and professional investors with access to the Jacobi Bitcoin ETF via a simple investment vehicle for a 1.5% annual management fee.

For further information, visit Jacobiam.com

Geopolitics Has Put Bitcoin to the Test – What Happens Next?

Geopolitical issues, including the heightening Ukraine-Russia tensions, will drive Bitcoin’s increasing mass adoption and higher values this year – despite a 5% drop over the weekend.

The prediction from Nigel Green of deVere Group, the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations, comes as more than 100,000 Russian troops mass on the border with Ukraine and global leaders try diplomatic efforts to avoid war between the two countries.

He comments: “Serious geopolitical risks in recent weeks are demonstrating real life use cases for Bitcoin and cryptocurrencies in extremely volatile times.

“Research shows that Bitcoin donations are flooding into Ukrainian non-governmental organisations and volunteer groups. The crowdfunding activities are, say experts, being used to equip the Ukrainian army with military and medical supplies.

“Meanwhile, Ukraine’s adversary, Russia, is planning to regulate cryptocurrencies, with crypto legislation, including tax standards, expected as soon as next week.

“Both these rivals know that Bitcoin and cryptocurrencies can circumnavigate traditional financial institutions that might block transactions as in crypto there’s no central authority that can block payments.”

He continues: “Elsewhere, we’ve recently seen the advantage of raising funds in cryptocurrencies is that it’s a lot harder to confiscate them.

“In what many have argued is down to political over-reach, a decision was made by GoFundMe this week to remove the donation campaign for the Canada ‘Freedom Convoy’ trucker protest from its site and return the millions of dollars back to the donors.

“But, in response, crypto enthusiasts set up a crowdfunding campaign on the platform Tallycoin as an alternative way to raise money for the protestors.”

Yet despite these high-profile examples of use cases, Bitcoin has dropped in value by 5% over the weekend. Why?

“This was triggered by a wider risk-off sentiment that also impacted many areas of global stock markets.

“Stock markets, like the crypto market, never move in a straight line, there are always peaks and troughs. Yet history teaches us that the long-term trajectories are predictable for both: they go up.”

On Wall Street on Friday, The Dow Jones Industrial Average dropped 1.4%, the broad-based S&P 500 fell 1.9%, while the tech-rich Nasdaq Composite Index tumbled 2.8%.

Nigel Green concludes: “Bitcoin is widely regarded as a store of value and medium of exchange.

“But geopolitical issues this week have tested its other core values of being a viable decentralised, tamper-proof, unconfiscatable monetary system.

“These real life use cases will further increase Bitcoin’s mass adoption and lead to higher prices this year.”

deVere Group is one of the world’s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients. It has a network of more than 70 offices across the world, over 80,000 clients and $12bn under advisement.

Amid IMF’s Call to Drop Bitcoin Use, El Salvador Govt Leverages AlphaPoint to Power Chivo, the World’s 1st National Bitcoin Wallet

AlphaPoint provides software infrastructure technology supporting Chivo and integrating its entire financial ecosystem.

Chivo, the world’s first national crypto wallet, is now operating with AlphaPoint white label infrastructure. AlphaPoint, which provides fast, scalable financial technology to institutions globally, is helping El Salvador to offer financial services and access to Bitcoin for nearly 4.5 million Salvadorans actively using the wallet.

In September, El Salvador became the first country to adopt Bitcoin as a legal tender, as the government launched the Chivo wallet to facilitate Bitcoin transactions in the country. The government deposited $30 in Bitcoin in every El Salvadorans’ Chivo wallet as ‘seed money’ to propel Bitcoin transactions. With every McDonalds, Starbucks, Walmart, major airport and government office in the country already accepting Bitcoin with Chivo, the project has aspirations in the next year to simplify payment of home utilities, taxes, and many other daily transactions in Bitcoin as well. Chivo is also in the process of deploying 1,500 Bitcoin ATMs around the country to more readily serve the Salvadoran population. By the end of 2021, around 75% percent of the population had downloaded Chivo.

AlphaPoint supports the frontend and backend infrastructure that powers the wallet and integrates the entire ecosystem including the mobile application, mobile point-of-sale processing, merchant website portal, call-center support software, and administrative console. Their build focuses heavily on wallet stability and uptime, scalability, and social impact, while also integrating user verification services leveraging machine-learning facial recognition and authentication tools. AlphaPoint also improved the Lightning integration for nearly instantaneous low-fee Bitcoin transactions via QR and Lightning addresses.

Chivo is the largest fintech application in the country and is providing infrastructure to bring the 70 percent unbanked population of the country into the financial ecosystem. The AlphaPoint-powered wallet facilitated over 2 million transactions last month alone, with more businesses enabling transactions every day. The wallet is free to use for all Salvadorans, with zero commissions.

“El Salvador and President Bukele are truly leading globally with this first major experiment in Bitcoin adoption at a country-wide level,” Igor Telyatnikov, Co-founder and CEO of AlphaPoint said. “No one else has attempted to execute a project of this size. We at AlphaPoint are honored to be involved in the process and provide the scalable and reliable solutions needed for this massive undertaking. The Chivo application is currently supporting millions of Salvadorans, many for their first time accessing financial services.”

AlphaPoint was the first white label marketplace provider in the cryptocurrency industry and has been a trusted solution for large-scale institutional-grade exchange infrastructure for more than eight years. It is considered a foundational member of the industry with focused priorities in scalability, security, and flexibility to serve clients around the world.

About AlphaPoint

AlphaPoint is a white-label marketplace software company powering digital asset exchanges worldwide. Through its secure, scalable, and customizable digital asset trading platform, AlphaPoint has enabled over 150 customers in 35 countries to launch and operate digital asset markets, as well as to digitize assets. AlphaPoint and its award-winning blockchain technology have helped startups and institutions discover and execute their blockchain strategies since 2013.

Safest Ways to Invest in Bitcoin

A cryptocurrency wallet is required if you wish to transmit, receive, or just keep Bitcoin. You must, however, maintain this Bitcoin wallet secure. Scammers, fraudsters, and burglars will always be attracted to your Bitcoin, whether you use hardware, mobile, or desktop wallet - especially if you're HODLing or dealing with significant sums.

Because Bitcoin is a decentralized asset, some people, particularly newcomers to the market, maybe lulled into a false feeling of security. What they should focus on is the fact that, because there is no centralized body managing the asset, Bitcoin holders must assume complete responsibility for securing and protecting their wallets.

What exactly is a Bitcoin wallet, and how does it function?

The first step in receiving, storing, or sending Bitcoins is to obtain a Bitcoin wallet that is compatible with your operating system or device. Because Bitcoin is a network with lists of immutable transactions, there are no actual Bitcoins saved in a wallet. A wallet instead holds a private key, which is a secure digital code that is only known by the owner.

This private key serves as a link between you, the owner, and a public key (or a group of public keys) (numeric codes associated with a certain amount of Bitcoins).

There are 11 different ways to keep your Bitcoin wallet safe.

1. Select a hardware wallet

Which Bitcoin wallet should you select among the plethora of alternatives available?

Cold storage may be the ideal alternative for those who are particularly worried about cyber dangers.

The use of a hardware wallet to store your Bitcoin is a secure option. Trezor and Ledger, for example, provide a variety of USB-like devices with pre-installed security layers and encryption capabilities. Because they are not connected to the internet, cyber attackers will have a difficult time accessing your private key.

2. Store your private key in a secure location.

Take your private key off the grid and store it in the real world' to secure your cash. Rather than keeping your private key on any electronic device, simply write it down on a piece of paper. To minimize degradation, store it in a cool, dry location away from heat and direct sunshine.

3. Always connect to the internet over a secure connection.

The number of public infrastructures is vulnerable and insecure. If you have a Bitcoin wallet on your laptop, try using your phone's hotspot instead, and stay away from public wifi at all costs.

Stick to private or well-known connections where you may be confident that your relationships aren't subject to security concerns. Most of the wallets use app shielding techniques to secure their source code.

4. Ensure that your antivirus software is current.

While Windows computers are more likely to be infected with a wider selection of viruses, malicious software may be found on any operating system. As a result, make sure you have up-to-date and reliable security software installed on your computer. Because the majority of cyber attacks employ viruses and malware to get connected to that and tamper with your device, it's critical to properly examine that before installing your wallet.

To stay secure out from forms of malware packages, keep your up-to-date.

5. Do not click on any links that are unfamiliar or questionable.

Keep an eye on your internet activities and check the link of the site you're on if something doesn't feel right. Scammers can clone whole websites and use URL addresses that are nearly identical to the real ones. If you use an online wallet or any service that requires you to enter your private key, double-check that the URL address is correct.

6. Protect your online wallet with a secure password.

If you use an online wallet, choose your password carefully. Phone numbers, birth dates, names, and favorite movies should all be avoided. Rather, use an alphanumeric combination that only you understand. According to statistics, 52 percent of consumers use the same password for several accounts. Make sure your wallet password is one-of-a-kind.

7. Never give out your private key to anyone.

Only you have access to the private keys. Don't give them out to anybody, and don't ask someone else to perform your transactions for you. Ignore any offers or requests that require you to share your private key with a third party or individual.

8. Keep your day-to-day transactions in a different wallet.

If you need to make minor daily transactions, using a second wallet that you can top up as needed is an excellent idea. You may create as many Bitcoin addresses or wallets as you like.

Sorting your transactions and keeping the most essential ones distinct will make your entire portfolio more secure.

9. For online wallets, use two-factor authentication.

Two-factor authentication is available in most online wallets, and you should always utilize it. It's a low-cost, high-impact security solution.

10. Double-check the Bitcoin address at all times.

Always pay special attention to the recipient's address while conducting transactions. When you copy and paste a Bitcoin address and modify the copied output to another address, malware programs can 'intervene.' You may wind yourself transmitting your Bitcoins to someone else if you are not careful.

11. Create a backup of your digital wallet

If you lose your smartphone or it malfunctions, you'll be able to access your wallet thanks to a backup. Make a backup copy of your data in a different or secure location. If your smartphone is stolen, you can use the backup file to regain access to your wallet. You might shift the cash to another wallet as a preventive step.

Conclusion

Finally, the security of your Bitcoin wallet is totally your responsibility. Because the cryptocurrency industry is always growing and security systems are improving, you should take all necessary steps and remain up to speed with the newest security enhancements and updates to keep your Bitcoin or another cryptocurrency wallet secure from ill-intentioned individuals. Same goes with other parts of crypto world, like Helium Mining.

Disclaimer: The author's thoughts and comments should not be construed as financial advice. We do not provide financial product advice.

Walmart Offering Bitcoin with Coinstar ATMs As Part of A Pilot

The world's largest company by revenue, Walmart, has entered into selling cryptocurrency Bitcoin in a pilot programme by hosting the ATM-like machines of Coinstar, a crypto wallet and crypto exchange company.

According to CoinDesk, Shoppers can purchase the cryptocurrency at Coinstar machines inside the Walmart’s cavernous big box stores. A CoinDesk editor verified that the service works, buying a small amount of BTC at a Pennsylvania Walmart on Oct. 12.

Walmart communications director Molly Blakeman told CoinDesk via email -

Coinstar, in partnership with Coinme, has launched a pilot that allows its customers to use cash to purchase bitcoin,There are 200 Coinstar kiosks located inside Walmart stores across the United States that are part of this pilot.

Walmart shoppers who buy bitcoin at the Coinstar kiosks will be given a voucher that they must then redeem for bitcoin on Coinme — each bitcoin purchase carries a total of 11% in fees: transaction fee of 4% and a cash exchange fee of 7%, according to Coinstar. 

Coinstar® is the global leader in self-service coin counting with 23,000 kiosks in North America, Europe, and Japan. More than 800 billion coins have been processed since Coinstar’s inception in the early 1990s. In the United States, consumers can convert their change to cash, a no-fee eGift card, or donate to charity at supermarket, mass merchant, drug store, and financial institution kiosk locations.

To recall, in 2018 Indian crypto assets and blockchain startup Unocoin also unveiled India's first cryptocurrency ATM by installing one at Kemp Fort Mall in Bangalore. But it was seized by police authorities as cryptocurrencies was banned by central bank RBI, at that point of time though the real picture is still ambiguous.

Is Cryptocurrency a Worthy Investment?

With cryptocurrency investments in 2021, it will be possible to get filthy rich. The downside is that you could lose any money you have. Both are true, but how? Crypto-asset investments can be risky, but also extremely lucrative.

Cryptocurrencies are a good investment if you want direct exposure to the demand for digital currencies. Stocks of companies with exposure to cryptocurrency are a safer but potentially less lucrative alternative.

Take a look at the advantages and disadvantages of investing in cryptocurrency.

Are Cryptocurrencies safe?

Cryptocurrency is not completely safe, at least not right now. On the other hand, other evidence suggests that it may be here to stay.

Risks associated with cryptocurrency

Unlike stock exchanges, cryptocurrency exchanges are more susceptible to hacking and becoming targets of other criminal activity. Investors who have had their digital currencies stolen have suffered significant losses due to these security breaches.

Cryptocurrencies require more security than stocks or bonds when it comes to storing them. Bitcoin (crypto: BTC) and Ethereum (Crypto: ETH) can both be bought and sold on cryptocurrency exchanges like Coinbase (NASDAQ: COIN), but many people prefer not to store their crypto assets on exchanges due to the risk of cyberattacks and theft.

It is common for cryptocurrency users to choose offline "cold storage" options such as paper or hardware wallets, but cold storage comes with its own set of challenges. Essentially, it is impossible to access your cryptocurrency without your private key, which is the most significant risk.

Furthermore, investment in a crypto project does not guarantee success. Cryptocurrency projects are fiercely competitive, and there are countless scam projects in the industry as well. Cryptocurrency projects will ultimately thrive in a limited number.

Cryptocurrencies may also face enforcement by regulators, especially if governments see them more as a threat than an innovation.

In addition, cryptocurrency technology is on the cutting edge, which increases the risk for investors. It is still a work in progress and hasn't been extensively tested in real-world settings yet.

Adoption of cryptocurrencies

Although cryptos and the blockchain industry have inherent risks, they have grown significantly over time. Increasingly, investors can access institutional-level custody services, thanks to the building of much-needed financial infrastructure. Cryptoassets are slowly becoming more attainable for individuals and professionals alike.

A range of companies is becoming direct participants in the cryptocurrency sector by establishing crypto futures markets. Several financial giants, including Square (NYSE: SQ) and PayPal (NASDAQ: PYPL), are making it easier to buy and sell cryptocurrencies on their platforms, while others, including Square, collectively have invested hundreds of millions of dollars in Bitcoin and other digital assets. In early 2021, Tesla (NASDAQ: TSLA) bought Bitcoin worth $1.5 billion.

Although there are still factors that affect the riskiness of cryptocurrencies, the increasing adoption rate is a sign that the industry is maturing. Cryptocurrency is gaining popularity with both individual investors and businesses since several large companies are investing their money in it.

Cryptocurrencies are good long-term investments, but what about the short-term?

During the launch of cryptocurrencies like Bitcoin and Ethereum, lofty objectives are often set, which will be achieved over time. Although any cryptocurrency project is not guaranteed to succeed, if it succeeds, then early investors could reap significant rewards over time.

In order to be considered successful in the long run, cryptocurrency projects must achieve widespread adoption.

Long-term investing in bitcoin

Due to its widespread popularity, Bitcoin is the most widely known cryptocurrency, benefiting from the network effect -- more people want to own Bitcoin since the majority owns it. Some investors consider Bitcoin to be "digital gold," however, it is also capable of being used as a digital currency.

As a result of the fixed supply, Bitcoin is believed to have gained value over the long term, unlike fiat currencies such as the U.S. dollar and the Japanese yen. It is estimated that the supply of Bitcoin will never exceed 21 million coins, compared with currencies controlled by central banks. Fiat currencies continue to depreciate, which will increase the value of Bitcoin.

Many Bitcoin enthusiasts believe Bitcoin can be used widely as digital cash in the long run, and will thus become a truly global currency.

 
Bitcoin has the following important features:

• The blockchain technology behind cryptocurrencies like bitcoin allows data to be sent securely in cyberspace via the payment method
• There is a mining process for every bitcoin
• The total number of bitcoins that can be mined totals 21 million
• As cryptocurrencies cannot be regulated by centralized authorities, such as governments or central banks, they are "decentralized."

Investing in Ethereum over the long run

Investors looking to gain exposure to Ethereum can buy Ethereum's native coin, Ethereum, to increase their portfolio exposure. Ethereum operates as a global computing platform that supports many other crypto-currencies and a massive ecosystem of decentralized applications (dapps). Bitcoin can be viewed as a form of digital gold.

Because Ethereum is the platform for many cryptocurrencies, and dapps are open-source, it offers Ethereum the opportunity to take advantage of the network effect and create sustainable, long-term value. With Ethereum, smart contracts can be developed, which are written in code and execute according to the terms written in the contracts.

Smart contracts are executed on the Ethereum network with the help of Ether collected from users. With smart contracts, massive industries, such as real estate and banking, can be disrupted as well as brand new markets made possible.

With the increasing adoption of the Ethereum platform, the Ether token is becoming more valuable and useful. The Ethereum platform offers a long-term opportunity for investors who are bullish on its potential to make money by owning Ether.

Cryptocurrencies: Is it worth investing in them?

Investing in Bitcoin can increase your portfolio's diversification because the price of cryptocurrencies has rarely correlated with the value of U.S. stocks. Since cryptocurrency usage is likely to become even more widespread in the future, you might want to consider adding a little crypto to your portfolio as part of a diversified investment strategy. When investing in cryptocurrencies, come up with an investment hypothesis that explains why that currency will endure.

Cryptocurrencies are increasingly popular today, but buying them can be risky. If buying them seems too risky, consider other means of profiting from the rise of cryptocurrencies. CME Group (NASDAQ: CME), a company that facilitates crypto futures trading, allows you to invest in the stock of Coinbase, Square, and PayPal, or you can invest in an exchange like CME Group. The upside potential of investments in these companies may be very small compared to investing directly in cryptocurrency.

Final Words

In conclusion, learning and investing in Cryptocurrencies has been very profitable over the years and the market is growing bigger every day, and it’s stated to be the future currency and kindly check our website, AskCrypto which is a cryptocurrency forum and is focused on crypto enthusiasts and helps to promote networking and communication in a better way to benefit everyone.

Bitcoin Reward Firm GoSats Announces India’s 1st-Ever Bitcoin Cashback Rewards Card

Accumulating Bitcoin has never been this easy. Indians can earn free Bitcoin as cashback for all their purchases.

India, August 30, 2021 — GoSats, a versatile Bitcoin rewards company, introduced India’s first-ever Bitcoin rewards card on August 15, 2021, to commemorate India’s Independence Day. The platform also has a mobile application and browser extension that enables even higher cashbacks on spends at all major brands including Amazon, Flipkart and Starbucks.

The first-of-its-kind prepaid card issued on the RuPay network allows users to spend Indian rupees and earn fractions of Bitcoin at every single swipe. Each purchase will offer a guaranteed Bitcoin cashback of 1.5% or a chance to spin a Bitcoin wheel (present inside the GoSats App) which will have even higher rewards such as 1 full Bitcoin and 100% cashback of spend in Bitcoin. There are 2 card variants- Intro & Elite. Elite cards come with added benefits such as airport lounge access, personal concierge service, personal accidental life insurance worth 2 lakhs and a chance to upgrade to a premium limited edition metal card. Since these cards run on the RuPay network, it can be accepted at almost any merchant in India. The cards will further provide 5% bitcoin cashback specifically for the purchase of Myntra Gift Cards in the GoSats App.

Excited about the new offering of the brand, GoSats CEO, Mohammed Roshan, said, “We are excited to come up with an offering that will enable every card user to earn cashback in Bitcoin on every single spend. Earlier, our users obtained Bitcoin cashbacks on specific brands through our app and now with this enlarged offering, we are confident that we can familiarize the rising Crypto asset to many households of the nation. We hope to establish the GoSats card as the most rewarding card in the prepaid/debit card segment.”

GoSats is a huge proponent of DeFi on Bitcoin and aims to utilize Stacks’ blockchain smart contracts to enable users to earn yield on their accumulated Bitcoin. Furthermore, the company is distinguished by other crypto exchanges as it rewards the users with Bitcoin rather than having them invest in crypto tokens. This is a distinction that makes a difference because the regulators have been cautious when it comes to investing in cryptocurrencies.

“The idea of GoSats is to bring Bitcoin to a billion people in India in an easy and intuitive manner. On one hand where inflation destroys wealth, Bitcoin gives people access to greater freedom and ownership over their financial independence. We feel blessed to be a part of a journey that is going to enable millions of Indian households financially” said Trevor Owens, the Managing Partner at Stacks Accelerator.

On August 4, 2021, GoSats announced its $700k USD Seed funding raised by investors such as Alphabit Fund, Fulgur Ventures, Stacks Accelerator and SBX Capital. The funding round was also supported by angel investors including Ajeet Khurana, former CEO of Zebpay, Sathvik Vishwanath, CEO of Unocoin, Mohit Madan, Co-Founder of Oropocket, and Sharan Nair, CBO of Coinswitch Kuber.

To learn more about GoSats, please visit https://gosats.io/

GoSats is India’s first Bitcoin Rewards company that enables a low-friction way to accumulate fractions of Bitcoin when people shop from over 120 brands listed on the platform, including Flipkart, Amazon, Swiggy, Big Basket and Myntra. Therefore, helping consumers become passive investors by earning the most appreciating asset of the past decade.

Amazon To Allow Payments in Crypto; To Launch Its Own Token

E-Commerce giant Amazon will soon allow users to pay in cryptocurrencies like Bitcoin and other alt coins. A company insider has confirmed that Amazon is looking to launch Bitcoin and crypto payments by the end of the current year. In addition, Amazon could also launch its own token by 2022.

According to this insider source, Amazon will integrate Ethereum, Cardano and Bitcoin Cash and thereafter also bring eight of the most popular cryptocurrencies online. Amazon, which doesn't accept cryptocurrencies as payment yet, is working on crypto payment since 2019.

Launch of an Amazon native token is also in the pipeline. The company has been allegedly experimenting with cryptocurrencies to pay for goods for around a year and founds feasibly to head towards “tokenization”.

If this crypto plan materialize then Amazon users can pay for goods and services or earn tokens in a loyalty scheme

With involvement of a tech giant like Amazon in the cryptocurrency space would promote adoption and price of Bitcoin and the larger alt coins.

In addition to this, Amazon is also hiring a digital currency and blockchain product lead for its payments team. According to a latest job listing, Amazon's Payments Acceptance & Experience team is "seeking an experienced product leader to develop Amazon's Digital Currency and Blockchain strategy and product roadmap". 

Notably, this is the second job post published by Amazon related to Bitcoin and cryptocurrencies in 2021. The job listing definitely sounds that Amazon is lookin to launch its own Digital Currency.

Amazon has not made any official statement on this supposedly crypto project however.

Twitter Co-Founder's Payment Firm To Invest In Solar-Powered Bitcoin Mining Firm Blockstream Mining

Image ~ Facebook.com/Blockstream

Twitter's CEO Jack Dorsey-led payment company Square Inc is collaborating with blockchain technology provider Blockstream Mining ('Blockstream') to build a solar-powered bitcoin mining facility. Square will invest $5 million to build an open-source, solar-powered Bitcoin mining facility at one of Blockstream Mining's sites in the United States. 

Together, the companies plan to provide public transparency by sharing the project economics and knowledge Blockstream gained from building a Bitcoin mine powered by renewable energy. Blockstream hope to demonstrate how bitcoin mining in conjunction with renewable energy can help drive the clean energy transition.

The bitcoin mining facility will be a proof-of-concept for a 100% renewable energy Bitcoin mine at scale, with the economics of the build-out -- including operational costs and ROI -- made open to the public.

Blockstream is already working with energy firm Aker, and now Square, to pursue alternative and renewable energy Bitcoin mining.

Non-US individual investors can also get involved in Bitcoin mining through Blockstream's BMN, which provides access to hashpower generated from over 80% zero-emissions energy sources, including hydro, solar, wind, and nuclear.

About Square Inc.

Square is a digital payments company based in San Francisco, California. The company was founded in 2009 by Jack Dorsey and Jim McKelvey and launched its first platform in 2010. The company enables its sellers start, run and grow their businesses. It combines software with hardware to enable sellers to turn mobile devices and computing devices into payments and point-of-sale (PoS) solutions.

In 2020, Square's market capitalization was valued at over US $100 billion.

Bitcoin of Healthcare - CMDX Healthcare Token Added to Crypto Exchange Coinsbit Platform

Dubbed the Bitcoin of Healthcare, CMDX launches on award-winning Coinsbit, delivering exciting new opportunities for members live healthy and be wealthy

ROSEAU, Dominica, March 15, 2021 /PRNewswire/ -- CMDX, the Bitcoin of Healthcare that is transforming its community members' health and wealth, is pleased to announce that Coinsbit, a top 100 cryptocurrency exchange, has approved its token and listing on its platform.

By making the token available on Coinsbit, CMDX leadership hopes to expand its existing membership base of 320,000 and boost its overall volume in circulation. The currency's debut on a top 100 exchange will help bolster CMDX's commitment to its current community members to help them build wealth through health and business-related activities.

Coinsbit launched in 2018, from the moment of its foundation to the present day Coinsbit is the fastest growing exchange in Europe and today boasts approximately 2 million registered users, more than 10 million monthly exchange traffic and more than 200,000 social network subscribers, making it one of the world's largest exchanges.

In 2020, it was rated as a top 20 crypto exchange, and it continues into 2021 to be a major player as one of the most dominant platforms on the market. Alexa, Amazon's analytics arm, also currently lists Coinsbit as the 4,532 (at time of publication) ranked site in global internet traffic and engagement over the past 90 days, demonstrating the platform's interest to web users and potential investors across the globe.

"We're excited to be partnering with Coinsbit and their innovative award winning trading platform that is committed to driving breakthroughs in the crypto industry," said Tom McMurrain, CEO of CMDX. "By leveraging the power of fintech innovators like Coinsbit, CMDX can help advance its global mission of helping investors build wealth in exciting new ways by investing in a brand that cares about the health and wealth of its community members across the globe."

CMDX's token grew out of the brand's mission to help people across the globe enjoy healthier lifestyles while building their wealth. CMDX rewards its global community members with cryptocurrency for sharing their health data, a move that McMurrain hopes will gain traction as part of the Universal Basic Data Income movement. CMDX's community members now have easier access to trade and invest their CMDX rewards, while new investors can also invest in CMDX's mission of becoming the Bitcoin of Healthcare while building their wealth portfolios.

To learn more about CMDX, visit their website.

About CMDX

CMDX is a global community dedicated to generating wealth for its users by rewarding healthy living. By rewarding users for healthy lifestyles with cryptocurrency and creating a global network of healthcare providers accepting its smart currency, CMDX is changing the face of healthcare to make it affordable for every man, woman, and child and creating a better quality of life across the globe. To learn more, visit website.

About Coinsbit

Launched in August 2018, Coinsbit is a centralized exchange based in Estonia. The number of Coinsbit users is 2,000,000. Coinsbit supports cryptocurrency pairs, 6+ fiat gateways and OTC trading, as well as a P2P-lending platform. Coinsbit offers cryptocurrency trading and allows users to earn crypto assets via the Staking pool. The Coinsbit exchange token CNB was launched on 1 January 2020 to reduce trading fees for users. Coinsbit offers its platform both for listing and for conducting IEOs.

For more information about CMDX or media inquiries, please contact Brittany Jones: brittany@cmdx.io