BREAKING
- Uptober lives up to its reputation once again: rumors of a BlackRock spot Bitcoin ETF approval made for a strong Bitcoin in October and a total price gain of +75% YoY (+110% since January 1).
MORE
- Deutsche Bank is working on blockchain interoperability that could render SWIFT obsolete.
- Brazil is introducing a blockchain-based digital ID.
- The SEC will reportedly not appeal its defeat in the Grayscale Bitcoin Trust case, increasing the odds that $GBTC could be converted into a more investor-friendly ETF.
- BlackRock CEO Larry Fink says crypto will play a role in the flight to quality.
- Crypto investment firm Deus X Capital is investing one billion dollars in PE, VC, as well as digital assets, blockchain tech & fintech.
- Lufthansa's loyalty program is built on the blockchain platform Polygon, allowing flights to be converted into rewards and NFT trading cards to be collected for every flight.
- UBS Asset Management has launched a pilot project for a tokenized money market fund on Ethereum.
- Ferrari accepts cryptocurrencies as a means of payment for its cars in the US.
SPEAKERS’ CORNER
- Interest in blockchain technology among many (semi-)professional investors was not very pronounced in recent months. As already noted in our last newsletter, for us as an active market participant this was an indication of a — possibly — good accumulation phase. In the end, we were proven right!
- Now we are again seeing increased demand for digital assets. One reason for this is certainly the expected approval of a BTC spot ETF in the US and, along with it, Bitcoin's strong performance in recent weeks.
- The topic of "tokenization of real-world assets" is currently attracting a strikingly high level of inquiries from our clients.
Translated from the German original, which is the authoritative version. Read the German version
