Could institutional investors begin expanding into altcoin purchases? BlockFi’s vice-president for Europe and Asia, David Olsson, mentioned liquidity as a component of consideration. Some digital assets on the market, including newer ones, may see high volumes at times. “The question is, how long can that be sustained,” Olsson explained during a CfC St. Moritz conference segment on Wednesday, adding: “Chainlink (LINK) is one that has held up decent volume over time, but a lot of them tend to, you know, be kind of the next greatest thing, and then fizzle out and volume disappears.” Ethereum (ETH) sits right below Bitcoin …
SEC Commissioner Hester Peirce spoke at the CFC 2021 virtual blockchain conference on Jan. 20, where she discussed the prospect of working with a new Biden-appointed chairman, and touched on her hopes of providing the cryptocurrency space with some “safe harbor”. Known affectionately by cryptocurrency enthusiasts as “Crypto Mom”, Peirce addressed the changeover at the SEC that saw former chairman Jay Clayton depart his post in December. Incoming President Joe Biden has since nominated Gary Gensler for the role. Peirce said Gensler’s appointment was not yet set in stone, but that the appointment of any new chairman brings an opportunity …
Michael Sonnenshein, the newly appointed CEO of Grayscale Investments, believes 2021 will mark another pivotal year for digital-asset investing as institutional capital and nation-state adoption drive the next leg of the bull market. In a keynote address at this year’s virtual CFC St. Moritz Conference, Sonnenshein identified three key investment themes that underpinned Bitcoin’s (BTC) dramatic breakout in 2020. They were: macroeconomic uncertainty and quantitative easing; legendary investors and brand-name companies investing in BTC; and the continued strengthening of regulatory frameworks around digital assets. Sonnenshein believes 2021 will see a continuation of these trends as more investors diversify into Bitcoin …
As the world is battling to recover from the damage caused by the coronavirus pandemic, a major cryptocurrency event in Switzerland prepares to take return to a physical format. Crypto Finance Conference (CfC) St. Moritz, an international crypto event held in St. Moritz, will take place from Jan. 20–22, 2021, and feature speakers from key industry firms and institutions like Winklevoss Capital, Swiss National Bank, the European Parliament, Ledger and others. Cointelegraph will serve as the main media partner for the CfC St. Moritz 2021. The upcoming conference is the fourth annual iteration of CfC St. Moritz and will be …