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Crypto Market Downturn

Crypto Market Downturn

ByteFolio Issue 113; 💡This issue covers Near (NEAR), Arweave (AR), Pendle (PENDLE), and Kaspa (KAS). As predicted, the crypto market is softening, with Bitcoin down to $62k. There is support at $60,000, and a strong 200-day moving average, so I would be confident that the downside is limited. Bitcoin

Ethereum ETFs Won’t Match Bitcoin ETFs

Ethereum ETFs Won’t Match Bitcoin ETFs

ByteFolio Issue 110; When the Bitcoin ETFs were launched in the USA, the Bitcoin funds, including Grayscale, held 837,000 BTC, worth $40 billion at the time. Around 622,000 of those BTC were held by Grayscale, and the rest in the non-US ETFs. Grayscale alone held 75% of the

The ECB's Bitcoin Blindness: Missed Opportunities and Financial Stagnation

The ECB's Bitcoin Blindness: Missed Opportunities and Financial Stagnation

ByteFolio Issue 96; The European Central Bank published a piece on their blog, ETF approval for bitcoin – the naked emperor’s new clothes. It was written by a couple of ECB technocrats, Ulrich Bindseil and Jürgen Schaaf, who specialise in payments. They are presumably bright people, in the hard-working and