Private Equity Moris Beracha Wuani

By William Suberg   Cryptocurrency markets could increase ten times over from 2020, blockchain investment firm and hedge fund Pantera Capital’s co-CIO told Bloomberg Tuesday, Oct. 16. Speaking in an interview, co-CIO Joey Krug said that scalability improvements for Bitcoin (BTC) were essential to spark a shift in the deflated prices seen throughout this year. He told the network: “These are all markets, and so if you don’t have scalability, you don’t have market makers.” The comments came days after new developments on the institutional trading side of Bitcoin markets, with Fidelity Investments revealing it was testing a regulated custody solution for investors and hedge funds. While reactions from finance figures such as Galaxy Digital’s Michael Novogratz were positive, the news failed to shift market sentiment or prices in Bitcoin. For Krug, this is because sentiment requires signs of adoption of Bitcoin in the current climate, which in turn depends on capacity...

Por Julio Gil-Pulgar According to some financial experts, Bitcoin transaction fees are lower. In addition, Bitcoin bypasses the unnecessary and expensive financial institutions within which credit cards depend. Therefore, experts believe that Bitcoin’s advantages will encourage merchants to replace credit cards with Bitcoin. Satoshi Nakamoto: Bitcoin Payments Are Similar to Cash Transactions High credit card fees continue to be borne by merchants and ultimately by consumers. Indeed, merchants pay billions of dollars to have issuers process card transactions. The idea of replacing credit cards with Bitcoin is gaining steam among financial experts. For example, Panos Mourdoukoutas, professor and Chair of the Department of Economics at Long Island University Post in New York, forecasts that increasing competition in the retail sector and Bitcoin’s offer of lower transaction fees could induce merchants to replace credit cards with the cryptocurrency. Indeed, mo...