Altcoin daily discussed Bitcoin potential as a world reserve asset, NFTs network effect on Ethereum, Cardano roll out plan, Uniswap clone and more in their new video.
Bloomberg analyst Mike McGlone put out a report calling for a $400,000 Bitcoin by the end of the year. Bitcoin in transition to become a global asset, well on its way to risk-off reserve asset, a maturation leap in 2021 may be transitioning Bitcoin toward a risk-off asset in their view.
The demand, exposure and mainstream attention for Bitcoin has never been bigger. New Zealand retirement fund reportedly allocates 5% to Bitcoin (0:40).
New Decrypt report shows despite the total number of NFT-focused smart contracts on Ethereum blockchain reaching new all time highs, the collectibles community is still only a fraction of the Ethereum ecosystem.
Staked ETH Trust has opened Ethereum staking in a bid to simplify the staking process for accredited investors and institutions with a larger pool of capital. Ethereum scaling solutions Optimism delays its mainnet launch until at least July (3:14).
Some altcoin news as Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products integrates Polkadot ecosystem to their app adding support for DOT and KSM tokens (5:05). Cardano reveals roll out plan for smart contracts with the feature set to follow the Alonzo hard fork expected to take place in July, 2021 (5:20).
There has been unbelievable demand for Virtual Land on Decentraland and The Sand Box which are now getting mainstream awareness as virtual real estate gets more exposure (5:39).