Pompliano: BTC Is World’s Best Performing Asset Class Over Past 10 Years, Nasdaq Partners with VanEck, and Other News

Top five stories from the last week


Don't Miss The Top Five Stories From The Last Week   Bitcoin Is World's Best Performing Asset Class Over Past 10 Years, Says Pompliano What is this all about? The partner at crypto investment firm Morgan Creek Digital Assets, Anthony Pompliano, says Bitcoin will likely fall to 85 percent below its all-time-highs — around $3,000. What is this based on? Pompliano argued that the recent "wash-out" on the crypto markets is a barometer of retail investor patterns; throughout its retail-driven history in 2017, the cryptocurrency traded as a "highly volatile speculative asset." Read more here Nasdaq Notes Bitcoin Futures Could Launch in Quarter 1 2019 What happened? Major U.S. stock exchange Nasdaq still intends to launch Bitcoin futures, and may do so in the first quarter of 2019, according to "two people familiar with the matter." What else about it? Later in the week, it was revealed that Nasdaq had partnered with U.S. investment firm VanEck to jointly launch a set of "transparent, regulated and surveilled" digital assets products. Read more here   Vitalik Buterin: Blockchain Tech Isn't as Applicable in Every Industry as People Think What did he say? Ethereum co-founder Vitalik Buterin said this week in an interview that the misapplication of blockchain technology in some industries leads to "wasted time." What did he base this on? Buterin specifically criticized the proprietary nature of corporate blockchain projects from tech giants like IBM, noting that crypto and cross-border payments are more suitable industries for the technology's use. Read more here  US Securities Regulator Charges Floyd Mayweather Jr., DJ Khaled for Illegal ICO Promotion What happened? The U.S. SEC has charged professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled (known as DJ Khaled) for unlawfully advertising Initial Coin Offerings. Why did it happen? The SEC found that Mayweather did not disclose receiving payments for promoting three ICOs (including $100,000 from Centra Tech), while DJ Khaled failed to disclose a $50,000 payment from the same crypto startup. Details here   'Nour' and a New Friend: Satoshi Nakamoto's P2P Profile Makes New Post What happened? Anonymous Bitcoin creator Satoshi Nakamoto's P2P Foundation account became active this week, posting a one-word status and adding a Brazilian user to his friend list. What did he post? The one-word post — "nour" — has no obvious meaning: a Google search finds an Urban Dictionary post for "the most loving, affectionate and caring person you'll ever meet," while the word also is a transliteration of the Arabic and Ancient Hebrew for "light" or "life." Read more here Prefer video instead of text? Check out our latest Hodler's Digest   Want to change how you receive these emails? You can update your preferences or unsubscribe from this list. COINTELEGRAPH LIMITED · Shelton Street, Covent Garden · London