See Also: DeFi + NFT-backed Loans (Video)
“In contrast to centralized cloud storage, decentralized ones brag of being more secure and private. They do not store user data on a single centralized server. Instead, they divide files into multiple pieces and send them to different servers or nodes, thereby reducing the possibility of external control over user data.
Blockchain-based decentralized cloud solutions have learned from their predecessors and aimed for improved security, privacy and users’ control over their data. One of their distinguishing features is encryption. When you upload a file to the network, it automatically encrypts the file.”
“For the first time in three months, bitcoin’s price is being quoted in five digits to the left of the decimal. With the surge above $10,000, the cryptocurrency’s year-to-date gains have risen to 41 percent.
This breakout is the real deal. Fundamental investment activity is backing this $10k breakout.
A majority of top alternative cryptocurrencies (or “altcoins”) are outperforming bitcoin, leading bitcoin’s dominance of the overall cryptocurrency market to fall to 64 percent, the lowest level in seven-months. Ethereum’s ether token (ETH) is currently trading at a 78 percent gain on a year-to-date basis.”
“Bitcoin may enhance the risk and return reward profile of institutional investment portfolios.
A small allocation to Bitcoin significantly enhanced the cumulative return of a 60% equity and 40% bonds portfolio allocation mix while only minimally impacting its volatility.
An in-depth comparison of the features of the United States dollar, gold and Bitcoin contained in the report also suggests that Bitcoin has more of the features that are desirable from an asset that serves as money than gold itself.”
“FTX plans to launch a Bernie Sanders (BERNIE) futures trading product, as well as futures on Joe Biden (BIDEN), Elizabeth Warren (WARREN), Pete Buttigieg (PETE) and Mike Bloomberg (BLOOMBERG). They should go live within the next several days.
FTX prohibits numerous regions from trading TRUMP, including Canada, the European Union, the United Kingdom, and even the United States — the country hosting the elections on which these products are based.”