It is often said that success happens when preparation meets opportunity. When we look back on October 2020 and its impact on the bitcoin story, price may be the indicator that many point to as a signal of its success. However, those more familiar with the asset class know that preparation has been a constant over the 10+ years of bitcoin’s existence. Preparation has come in many forms: the Satoshi white paper, viable exchanges, reputable data sources and research providers, institutional custody, and investor education to name a few. It has also come in the form of sophisticated investors’ acceptance of a new asset class born out of code that lives on the internet.Overall, it is now safe to assume that we are headed towards a new era for digital assets. In October bitcoin rose 26.32% while the Bloomberg Galaxy Crypto Index (BGCI) measuring the broader digital asset market rose 14.62%. These moves came on the heels of announcements and developments across three major themes:Corporate cash entering the market Institutional on-ramps and infrastructure Central bank participationIn what has been a consistent theme over three months, bitcoin once again saw adoption at the corporate level as a tool for balance sheet management. As mentioned in previous newsletters, MicroStrategy (NASDAQ: MSTR) has made a $425 million allocation, citing bitcoin as the best risk/return hedge against inflation. In October two more public companies announced allocations from their balance sheets for the same reason. Square (NYSE: SQ), led by long-time bitcoin proponent Jack Dorsey, made a $50 million allocation, approximately 1% of its cash reserves. In addition to Square, London Stock Exchange-listed company Mode Global Holdings (LSE: MODE) has allocated up to 10% of its cash reserves to purchase bitcoin. This is the first publicly traded company in the United Kingdom to announce an investment in the digital asset.Perhaps the biggest announcement in October came from payments giant PayPal (NASDAQ: PYPL). Following a previous indication that the company would make bitcoin available to its 346 million users, they released an official announcement specifying plans for users to begin buying, selling, and holding digital assets on its platform. In addition to bitcoin, PayPal will also provide the option for users to access Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) via their platform. This is major news that not only brings digital assets to the masses globally, but also promotes the adoption of payments using digital assets; PayPal included in its announcement that it will enable its 26 million merchants to use cryptocurrency as a funding source for digital commerce. PayPal will likely continue to grow its presence in the space by building out more user-friendly on-ramps and making interesting infrastructure moves organically and/or via acquisition.As the value of major digital assets continues to increase and announcements around the development of the space continue to support them, remember: success does not come without preparation. Digital assets are ready and Cashwhale is ready.
Domain Name: cashwhale.biz
Registry Domain ID: D97BF577DA72E47A892E1A709B6C8F642-NSR
Registrar WHOIS Server: whois.namecheap.com
Registrar URL: http://www.namecheap.com
Updated Date: 2020-12-13T03:54:24Z
Creation Date: 2020-12-08T03:54:19Z
Registry Expiry Date: 2021-12-08T03:54:19Z
Registrar: NameCheap, Inc.
Registrar IANA ID: 1068
Registrar Abuse Contact Email: abuse@namecheap.com
Registrar Abuse Contact Phone: +1.6613102107
Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited
Registry Registrant ID: REDACTED FOR PRIVACY
Registrant Name: REDACTED FOR PRIVACY
Registrant Organization: WhoisGuard, Inc.
Registrant Street: REDACTED FOR PRIVACY
Registrant Street: REDACTED FOR PRIVACY
Registrant Street: REDACTED FOR PRIVACY
Registrant City: REDACTED FOR PRIVACY
Registrant State/Province: Panama
Registrant Postal Code: REDACTED FOR PRIVACY
Registrant Country: PA
Registrant Phone: REDACTED FOR PRIVACY
Registrant Phone Ext: REDACTED FOR PRIVACY
Registrant Fax: REDACTED FOR PRIVACY
Registrant Fax Ext: REDACTED FOR PRIVACY
Registrant Email: Please query the RDDS service of the Registrar of Record identified in this output for information on how to contact the Registrant, Admin, or Tech contact of the queried domain name.
Registry Admin ID: REDACTED FOR PRIVACY
Admin Name: REDACTED FOR PRIVACY
Admin Organization: REDACTED FOR PRIVACY
Admin Street: REDACTED FOR PRIVACY
Admin Street: REDACTED FOR PRIVACY
Admin Street: REDACTED FOR PRIVACY
Admin City: REDACTED FOR PRIVACY
Admin State/Province: REDACTED FOR PRIVACY
Admin Postal Code: REDACTED FOR PRIVACY
Admin Country: REDACTED FOR PRIVACY
Admin Phone: REDACTED FOR PRIVACY
Admin Phone Ext: REDACTED FOR PRIVACY
Admin Fax: REDACTED FOR PRIVACY
Admin Fax Ext: REDACTED FOR PRIVACY
Admin Email: Please query the RDDS service of the Registrar of Record identified in this output for information on how to contact the Registrant, Admin, or Tech contact of the queried domain name.
Registry Tech ID: REDACTED FOR PRIVACY
Tech Name: REDACTED FOR PRIVACY
Tech Organization: REDACTED FOR PRIVACY
Tech Street: REDACTED FOR PRIVACY
Tech Street: REDACTED FOR PRIVACY
Tech Street: REDACTED FOR PRIVACY
Tech City: REDACTED FOR PRIVACY
Tech State/Province: REDACTED FOR PRIVACY
Tech Postal Code: REDACTED FOR PRIVACY
Tech Country: REDACTED FOR PRIVACY
Tech Phone: REDACTED FOR PRIVACY
Tech Phone Ext: REDACTED FOR PRIVACY
Tech Fax: REDACTED FOR PRIVACY
Tech Fax Ext: REDACTED FOR PRIVACY
Tech Email: Please query the RDDS service of the Registrar of Record identified in this output for information on how to contact the Registrant, Admin, or Tech contact of the queried domain name.
Name Server: 17.sucuridns.com
Name Server: 10.sucuridns.com
Name Server: 18.sucuridns.com
Name Server: 15.sucuridns.com
DNSSEC: unsigned
The most cost-effective investment program you can find is HYIP or High Yield Investment Program. All of these programs are run on the web, so it is easy to come upon a scammer. The typical scam scheme they use is called Ponzi. It is a HYIP that promises bizarre interest rates, that are paid with the money of the other investors, and not by actual earnings. This scheme operates until the flow of new investors stops, not allowing the scammers to continue the extraordinary payments. Then this High Yield Investing Program blows up like a bubble. DISCLAIMER:
Please note that we do not promote or recommend any programs/projects/games listed here. Your use of this web site is at your own risk.The materials presented on this site may not reflect the most current legal developments, verdicts or settlements, or the correct law of the jurisdiction in which you reside. All information available on or accessed through this site, is provided "as is". These materials may be changed, improved, or updated without notice.