• https://3speak.tv/watch?v=rzc24-nftbbg/lzhkednt

    Does the entry of BlackRock in cryptocurrency signal the return of the Bull Market?

    Since 2015, I have been hearing a lot of good things about BlackRock when I started trading in the Philippines Stock market. However, my knowledge is just superficial. All I know is that BlackRock is a big name in the investment world. Beyond that information, I know nothing about the details and the nature of the investment of this giant financial firm.

    Now, with this recent press release from cryptoglobe.com about BlackRock entering into the crypto space, this made me curious to dig a little deeper into the involvement of this financial titan.

    In Wikipedia, BlackRock is described as “the largest asset management company in the world.” In terms of age, it is still very young. It was established in 1988 and so that would make the firm just 35 years old.

    What I find impressive in this company is its client base which includes huge companies, the big names in the institutional and individual investing world, as well as sovereign governments.
    Now, with the involvement of governments in BlackRock, this made me reflect on the recent interference of governments in the crypto space.

    One, if governments are included among their clients, I am now wondering about the future of regulation and legal issues that Centralized Exchanges (CEXes) are facing today such as Coinbase and Binance. Especially, in relation to the US government. Perhaps, unlike other governments, BlackRock doesn’t manage any fund related to the US government because if they have, then how you would reconcile BlackRock’s move with the US government fund being managed by BlackRock? If the US government has any funds entrusted to BlackRock, how can the SEC for instance sustain their goal of destroying the space?

    Or if the US government has an investment managed by BlackRock, perhaps, these assets are in safer financial instruments and not necessarily in the field of cryptocurrency.

    And then another thought, perhaps the hostility of the US government against cryptocurrency is motivated by those who either don’t understand that character of the space or if they do understand, they don’t like the idea of transferring financial sovereignty back to the people. They want to be in control.

    Nevertheless, as far as Japan, Kuwait, and Abu Dhabi are concerned, whether the governments of these nations are crypto-friendly or not, one thing is clear: these governments trust BlackRock with their sovereign wealth funds and that’s why we see BlackRock managing the Government Pension Investment Fund (GPIF) of Japan, the Kuwait Investment Authority (KIA), and the Abu Dhabi Investment Authority (ADIA).

    Pension funds like "the California Public Employees' Retirement System (CalPERS), New York City Pension Funds, and Teacher Retirement System of Texas" are just a few notable organizations that put their trust in BlackRock. Along with big businesses like General Electric (GE), IBM, and Microsoft, insurance firms have entrusted BlackRock with managing their assets.

    Its clients include central banks as well, which surprises me. Examples include the Bank of England, the European Central Bank, and the Bank of Japan.

    Last but not least, BlackRock is responsible for managing universities like Stanford University and Harvard University as well as charitable organizations like the Bill and Melinda Gates Foundation.
    We could therefore conclude from BlackRock's client list that it is truly a massive, mammoth in the investing industry.

    Now, returning to our question: “Does the entry of BlackRock in cryptocurrency signal the return of the Bull Market?” What did BlackRock do by the way that would cause us to consider such a question?

    We are told that BlackRock moves into the cryptocurrency space by filing for a spot Bitcoin ETF and it is considered the major catalyst for the recent rally in the price of Bitcoin. And then the wider cryptocurrency market followed in such a price rally. Even meme coins like PEPE have experienced significant gain as well as other names such as ETH, BNB, and XRP.

    Inspired by the action of BlackRock, we are also told that 96% of professional investors are considering making cryptocurrency investments. This is according to the survey conducted by Laser Digital. And so, these financial companies are now following BlackRock in this Bitcoin ETF thing.

    What’s your take on this?

    As for me, this confirms that we are really living in a clown world. Anticipate for more entertainment in the coming days.

    Grace and peace!

    What is Hive?

    What is LeoFinance? 3Speak
    https://3speak.tv/watch?v=rzc24-nftbbg/lzhkednt Does the entry of BlackRock in cryptocurrency signal the return of the Bull Market? Since 2015, I have been hearing a lot of good things about BlackRock when I started trading in the Philippines Stock market. However, my knowledge is just superficial. All I know is that BlackRock is a big name in the investment world. Beyond that information, I know nothing about the details and the nature of the investment of this giant financial firm. Now, with this recent press release from cryptoglobe.com about BlackRock entering into the crypto space, this made me curious to dig a little deeper into the involvement of this financial titan. In Wikipedia, BlackRock is described as “the largest asset management company in the world.” In terms of age, it is still very young. It was established in 1988 and so that would make the firm just 35 years old. What I find impressive in this company is its client base which includes huge companies, the big names in the institutional and individual investing world, as well as sovereign governments. Now, with the involvement of governments in BlackRock, this made me reflect on the recent interference of governments in the crypto space. One, if governments are included among their clients, I am now wondering about the future of regulation and legal issues that Centralized Exchanges (CEXes) are facing today such as Coinbase and Binance. Especially, in relation to the US government. Perhaps, unlike other governments, BlackRock doesn’t manage any fund related to the US government because if they have, then how you would reconcile BlackRock’s move with the US government fund being managed by BlackRock? If the US government has any funds entrusted to BlackRock, how can the SEC for instance sustain their goal of destroying the space? Or if the US government has an investment managed by BlackRock, perhaps, these assets are in safer financial instruments and not necessarily in the field of cryptocurrency. And then another thought, perhaps the hostility of the US government against cryptocurrency is motivated by those who either don’t understand that character of the space or if they do understand, they don’t like the idea of transferring financial sovereignty back to the people. They want to be in control. Nevertheless, as far as Japan, Kuwait, and Abu Dhabi are concerned, whether the governments of these nations are crypto-friendly or not, one thing is clear: these governments trust BlackRock with their sovereign wealth funds and that’s why we see BlackRock managing the Government Pension Investment Fund (GPIF) of Japan, the Kuwait Investment Authority (KIA), and the Abu Dhabi Investment Authority (ADIA). Pension funds like "the California Public Employees' Retirement System (CalPERS), New York City Pension Funds, and Teacher Retirement System of Texas" are just a few notable organizations that put their trust in BlackRock. Along with big businesses like General Electric (GE), IBM, and Microsoft, insurance firms have entrusted BlackRock with managing their assets. Its clients include central banks as well, which surprises me. Examples include the Bank of England, the European Central Bank, and the Bank of Japan. Last but not least, BlackRock is responsible for managing universities like Stanford University and Harvard University as well as charitable organizations like the Bill and Melinda Gates Foundation. We could therefore conclude from BlackRock's client list that it is truly a massive, mammoth in the investing industry. Now, returning to our question: “Does the entry of BlackRock in cryptocurrency signal the return of the Bull Market?” What did BlackRock do by the way that would cause us to consider such a question? We are told that BlackRock moves into the cryptocurrency space by filing for a spot Bitcoin ETF and it is considered the major catalyst for the recent rally in the price of Bitcoin. And then the wider cryptocurrency market followed in such a price rally. Even meme coins like PEPE have experienced significant gain as well as other names such as ETH, BNB, and XRP. Inspired by the action of BlackRock, we are also told that 96% of professional investors are considering making cryptocurrency investments. This is according to the survey conducted by Laser Digital. And so, these financial companies are now following BlackRock in this Bitcoin ETF thing. What’s your take on this? As for me, this confirms that we are really living in a clown world. Anticipate for more entertainment in the coming days. Grace and peace! What is Hive? What is LeoFinance? 3Speak
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  • https://media.wired.com/photos/598a36a7f15ef46f2c68ebab/master/w_2560,c_limit/iStock-696221484.jpg Image Source: https://media.wired.com/photos/
    The emergence of blockchain technology and cryptocurrencies has sparked intense speculation and debate about their future prospects. Ethereum, one of the leading blockchain platforms and cryptocurrencies, has garnered significant attention and adoption due to its smart contract capabilities. However, the question remains: will Ethereum be defeated by its competitors or other technological challenges? This essay aims to explore the factors that could influence Ethereum's future trajectory and provide an analysis of its potential triumph or defeat.
    Ethereum's Strengths and Achievements:
    Ethereum's success lies in its innovative features, including the ability to develop decentralized applications (DApps) and launch tokens through smart contracts. The Ethereum network has fostered a vibrant ecosystem, attracting developers, startups, and investors. Its early mover advantage, widespread adoption, and community support have established Ethereum as a leading player in the blockchain space.
    Scalability Challenges:
    One of the primary criticisms of Ethereum is its scalability limitations. As the network became increasingly congested and transaction fees surged during peak usage periods, scalability concerns became apparent. However, the Ethereum community has been actively addressing these challenges through upgrades like Ethereum 2.0, which promises to introduce improvements in scalability, security, and sustainability. If successful, these upgrades could enhance Ethereum's competitiveness and mitigate scalability concerns.
    Competition from Rival Blockchain Platforms:
    While Ethereum currently dominates the market, it faces competition from other blockchain platforms that offer similar functionalities or focus on specific niches. Platforms like Binance Smart Chain, Solana, and Polkadot have gained traction, attracting developers and users with faster transaction speeds and lower fees. Ethereum's ability to maintain its market share in the face of such competition will depend on its ability to address scalability concerns, improve user experience, and foster innovation.
    Regulatory and Legal Challenges:
    The regulatory landscape surrounding cryptocurrencies remains uncertain and subject to change. Government regulations and legal frameworks can significantly impact the adoption and growth of Ethereum. Stricter regulations or unfavorable legal rulings could hinder Ethereum's progress and create obstacles for its future development. However, proactive engagement with regulators and compliance measures can help Ethereum navigate these challenges and establish itself as a trusted and regulated platform.
    Technological Advancements:
    The success or defeat of Ethereum will also depend on its ability to adapt and evolve with technological advancements. Emerging technologies like layer 2 solutions, interoperability protocols, and advancements in consensus algorithms could potentially address Ethereum's scalability concerns and enhance its capabilities. Additionally, Ethereum's ability to leverage emerging trends, such as decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized applications, will play a crucial role in determining its future success.
    Conclusion:
    Predicting the fate of Ethereum with certainty is impossible. However, Ethereum's resilience, strong community support, and ongoing efforts to address scalability challenges through upgrades like Ethereum 2.0 suggest that it has the potential to overcome obstacles and maintain its position as a dominant blockchain platform. The outcome will be influenced by Ethereum's ability to adapt to market demands, address technological challenges, navigate regulatory hurdles, and foster continued innovation. While competition exists and threats loom, Ethereum's continued success will depend on its ability to evolve and remain at the forefront of blockchain technology.
    Posted Using LeoFinance Alpha
    https://media.wired.com/photos/598a36a7f15ef46f2c68ebab/master/w_2560,c_limit/iStock-696221484.jpg Image Source: https://media.wired.com/photos/ The emergence of blockchain technology and cryptocurrencies has sparked intense speculation and debate about their future prospects. Ethereum, one of the leading blockchain platforms and cryptocurrencies, has garnered significant attention and adoption due to its smart contract capabilities. However, the question remains: will Ethereum be defeated by its competitors or other technological challenges? This essay aims to explore the factors that could influence Ethereum's future trajectory and provide an analysis of its potential triumph or defeat. Ethereum's Strengths and Achievements: Ethereum's success lies in its innovative features, including the ability to develop decentralized applications (DApps) and launch tokens through smart contracts. The Ethereum network has fostered a vibrant ecosystem, attracting developers, startups, and investors. Its early mover advantage, widespread adoption, and community support have established Ethereum as a leading player in the blockchain space. Scalability Challenges: One of the primary criticisms of Ethereum is its scalability limitations. As the network became increasingly congested and transaction fees surged during peak usage periods, scalability concerns became apparent. However, the Ethereum community has been actively addressing these challenges through upgrades like Ethereum 2.0, which promises to introduce improvements in scalability, security, and sustainability. If successful, these upgrades could enhance Ethereum's competitiveness and mitigate scalability concerns. Competition from Rival Blockchain Platforms: While Ethereum currently dominates the market, it faces competition from other blockchain platforms that offer similar functionalities or focus on specific niches. Platforms like Binance Smart Chain, Solana, and Polkadot have gained traction, attracting developers and users with faster transaction speeds and lower fees. Ethereum's ability to maintain its market share in the face of such competition will depend on its ability to address scalability concerns, improve user experience, and foster innovation. Regulatory and Legal Challenges: The regulatory landscape surrounding cryptocurrencies remains uncertain and subject to change. Government regulations and legal frameworks can significantly impact the adoption and growth of Ethereum. Stricter regulations or unfavorable legal rulings could hinder Ethereum's progress and create obstacles for its future development. However, proactive engagement with regulators and compliance measures can help Ethereum navigate these challenges and establish itself as a trusted and regulated platform. Technological Advancements: The success or defeat of Ethereum will also depend on its ability to adapt and evolve with technological advancements. Emerging technologies like layer 2 solutions, interoperability protocols, and advancements in consensus algorithms could potentially address Ethereum's scalability concerns and enhance its capabilities. Additionally, Ethereum's ability to leverage emerging trends, such as decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized applications, will play a crucial role in determining its future success. Conclusion: Predicting the fate of Ethereum with certainty is impossible. However, Ethereum's resilience, strong community support, and ongoing efforts to address scalability challenges through upgrades like Ethereum 2.0 suggest that it has the potential to overcome obstacles and maintain its position as a dominant blockchain platform. The outcome will be influenced by Ethereum's ability to adapt to market demands, address technological challenges, navigate regulatory hurdles, and foster continued innovation. While competition exists and threats loom, Ethereum's continued success will depend on its ability to evolve and remain at the forefront of blockchain technology. Posted Using LeoFinance Alpha
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  • Since the day I joined Hive, I've learned a lot of new stuff. That was in August 2021. I was startled to read taskmaster4450's article about the exponential age because I had never seen such a viewpoint before. It appears as though the author is from another planet.
    Then, from August 2021 to February 2022, I wandered around Hive without realizing the fantastic possibility that this emerging blockchain was offering. Things didn't start making sense until March 2022.
    Beginning that month, my learning process on Hive has increased significantly. You know learning and applying new ideas isn’t easy, especially for an aging man like me. They say it’s really difficult to teach an old dog new tricks.
    Nevertheless, I had several first-time experiences since that month. I think that’s the first and major transition that shaped the way how I grew in my understanding of Hive.
    Participating in LEO Power Up Day (LPUD), buying CUB, joining listnerds.com and @bradleyarrow’s curation trail, and writing about CENT are the new things I learned since that month. That was one year and three months ago.
    The LeoThreads widespread adoption effort launched on May 1 is at a different stage of development from the growth I mentioned above. The image that comes to mind is a price increase brought on by a significant trend.
    ![pexels-anna-nekrashevich-6802042-Price Spike.jpg](https://files.peakd.com/file/peakd-hive/rzc24-nftbbg/EqdA2yMujkK1KVPcJdt4Bu4X5UWZsMVvL1bQgbM7oFKpNTnwBj8FJN2f1J3Wyk7cBSV.jpg)
    [Photo Credit
    ](https://www.pexels.com/photo/photo-of-person-holding-smartphone-6802042/)
    My Hive activity has undergone a significant transformation after the release of LeoThreads on https://leofinance.io/ version 2 (Note: I am at a loss for words to characterize the current condition of LeoFinance). The first thing I now do every day is check the threads. Before, it wasn't like this. Naturally, there are drawbacks to this, such as a tendency to overlook important Hive events like HIVE Power Up Day and writing lengthy content.
    Before the launch of LeoThreads, I have been describing myself as a “treader” though I didn’t make an official announcement about it on social media. My definition of a treader is inspired by a combination of three ideas: walking cautiously, trading, and reading. For non-native English speakers, these two words: “treader” and “threader” might sound the same.
    The latter refers to microblogging and I love it because its content is not confined to a single category; it is open to all types of content. As such, threads make engagement spontaneous and online learning more easily digestible.
    Reasons Why I am Bullish on LEO
    Serving as an alternative to a centralized microblogging platform like Twitter is a good start but not enough.
    The 10,000 USD prize pool that will be distributed within five days from now somehow made the Leo community excited. However, such excitement is short-term if not matched with a long-term vision of the growth and sustainability of the Leo projects.
    Except for the above reasons I mentioned such as microblogging providing an avenue for instant conversation and digestible content, as a Web3 alternative, and the 10,000 USD incentive, the additional reasons why I am bullish on LEO are as follows:
    Last 05 May, I wrote what I believe to be the benefits of making threads. I mentioned there how I agreed with this idea that the bigger transactions on the chain work to the advantage of the Hive network, the Leo tribe, and our tokens.
    Another reason is related to ad revenue. If the income from advertising will be returned to the LEO token, in such a scenario, all LEO holders win.
    A third reason would be LeoThreads operating as a communication hub for all the tribes within the Hive network. As such, threads can be an avenue for your content to find a wider audience.
    Still, another reason is the potential for micro-earnings. We cannot underestimate the power of small things. All big changes in one way or another started with small steps.
    Closely connected to crypto earning, I think if the recent idea suggested by @taskmaster4450 about the collateralization of the LEO assets will be considered for implementation, we have a solid reason to be exceedingly excited about the future of our platform. Given the fact that the world is in bad need of quality collateral as TM repeatedly argues, I think the LeoFinance can enter that space to fill up such a demand.
    Above all, I enjoy the fun of threading in connecting to other Hivers, lions, and other tribes. To conclude this post, I agree with @meitanteikudo’s poetical description of threads:

    a joyful playground, a joyous meeting where everyone’s voice is heard, a friendly tour guide, a vibrant marketplace of perspectives, and even radiant stars that shine brightly in the LeoFinance galaxy.

    Grace and peace!
    What is LeoFinance?
    What is Hive?
    Since the day I joined Hive, I've learned a lot of new stuff. That was in August 2021. I was startled to read taskmaster4450's article about the exponential age because I had never seen such a viewpoint before. It appears as though the author is from another planet. Then, from August 2021 to February 2022, I wandered around Hive without realizing the fantastic possibility that this emerging blockchain was offering. Things didn't start making sense until March 2022. Beginning that month, my learning process on Hive has increased significantly. You know learning and applying new ideas isn’t easy, especially for an aging man like me. They say it’s really difficult to teach an old dog new tricks. Nevertheless, I had several first-time experiences since that month. I think that’s the first and major transition that shaped the way how I grew in my understanding of Hive. Participating in LEO Power Up Day (LPUD), buying CUB, joining listnerds.com and @bradleyarrow’s curation trail, and writing about CENT are the new things I learned since that month. That was one year and three months ago. The LeoThreads widespread adoption effort launched on May 1 is at a different stage of development from the growth I mentioned above. The image that comes to mind is a price increase brought on by a significant trend. ![pexels-anna-nekrashevich-6802042-Price Spike.jpg](https://files.peakd.com/file/peakd-hive/rzc24-nftbbg/EqdA2yMujkK1KVPcJdt4Bu4X5UWZsMVvL1bQgbM7oFKpNTnwBj8FJN2f1J3Wyk7cBSV.jpg) [Photo Credit ](https://www.pexels.com/photo/photo-of-person-holding-smartphone-6802042/) My Hive activity has undergone a significant transformation after the release of LeoThreads on https://leofinance.io/ version 2 (Note: I am at a loss for words to characterize the current condition of LeoFinance). The first thing I now do every day is check the threads. Before, it wasn't like this. Naturally, there are drawbacks to this, such as a tendency to overlook important Hive events like HIVE Power Up Day and writing lengthy content. Before the launch of LeoThreads, I have been describing myself as a “treader” though I didn’t make an official announcement about it on social media. My definition of a treader is inspired by a combination of three ideas: walking cautiously, trading, and reading. For non-native English speakers, these two words: “treader” and “threader” might sound the same. The latter refers to microblogging and I love it because its content is not confined to a single category; it is open to all types of content. As such, threads make engagement spontaneous and online learning more easily digestible. Reasons Why I am Bullish on LEO Serving as an alternative to a centralized microblogging platform like Twitter is a good start but not enough. The 10,000 USD prize pool that will be distributed within five days from now somehow made the Leo community excited. However, such excitement is short-term if not matched with a long-term vision of the growth and sustainability of the Leo projects. Except for the above reasons I mentioned such as microblogging providing an avenue for instant conversation and digestible content, as a Web3 alternative, and the 10,000 USD incentive, the additional reasons why I am bullish on LEO are as follows: Last 05 May, I wrote what I believe to be the benefits of making threads. I mentioned there how I agreed with this idea that the bigger transactions on the chain work to the advantage of the Hive network, the Leo tribe, and our tokens. Another reason is related to ad revenue. If the income from advertising will be returned to the LEO token, in such a scenario, all LEO holders win. A third reason would be LeoThreads operating as a communication hub for all the tribes within the Hive network. As such, threads can be an avenue for your content to find a wider audience. Still, another reason is the potential for micro-earnings. We cannot underestimate the power of small things. All big changes in one way or another started with small steps. Closely connected to crypto earning, I think if the recent idea suggested by @taskmaster4450 about the collateralization of the LEO assets will be considered for implementation, we have a solid reason to be exceedingly excited about the future of our platform. Given the fact that the world is in bad need of quality collateral as TM repeatedly argues, I think the LeoFinance can enter that space to fill up such a demand. Above all, I enjoy the fun of threading in connecting to other Hivers, lions, and other tribes. To conclude this post, I agree with @meitanteikudo’s poetical description of threads: a joyful playground, a joyous meeting where everyone’s voice is heard, a friendly tour guide, a vibrant marketplace of perspectives, and even radiant stars that shine brightly in the LeoFinance galaxy. Grace and peace! What is LeoFinance? What is Hive?
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