Millennials have recently surpassed Baby Boomers as the largest generation on the planet, accounting for 43% of the World’s adult population. The future of digital assets will be driven by Millennials and younger generations who already live in a digital world. Everything is done through the internet and smart phones
Read MoreThe Institutional Adoption of Bitcoin is Accelerating Despite Market Downturn
Despite the recent decline in Bitcoin price, a growing number of Institutions are continuing to increase their exposure to Bitcoin and Blockchain Technology, further strengthening the bullish case for Bitcoin. New developments this past week included:
Read MoreWe believe that Bitcoin is currently in the first 1/3 of a parabolic bull market and expect the following Global Macro Economic themes to fuel demand for Bitcoin during this bull cycle:
Read MoreInstitutions invest most heavily in the early stages of Bull Markets, while Retail participation is minimal until the later stages. You always want to follow the Institutional “smart money” as it is the big money that moves the market. The data below suggests that the move in Bitcoin from $3,200 to $13,800, in 2019, was driven by institutional money, while retail money has remained on the sidelines. We are market historians and a characteristic of every early Bull Market is heavy institutional accumulation during the first ⅓ of the Bull Market — we are presently witnessing this through the data below:
Read MoreBlockware Solutions’ CEO, Matt D’Souza, presenting his take on the current Macro Trends impacting Bitcoin at Consensys and EpiCenter’s “Macro.WTF Event” as part of San Francisco Blockchain Week presented by EpiCenter. Matt D’Souza was joined by other industry notables such as:
Polychain Capital
Protos Asset Management
Consensys
Castle Island
Gabriel Jimenez - creator of the Petro
Panelists: Tom Kineshanko (Protos Asset Management) Will Wolf (Polychain) Matt D'Souza (Blockchain Opportunity Fund & Blockware Solutions) Vanessa Grellet (Consensys) - Moderator Panel Topic: Macro Case for Bitcoin - Risk On or Risk Off asset? - Gold vs. Bitcoin - Is Digital Gold counter to Digital Money?
Read MoreThe Blockware Team has returned from Chengdu, China after participating in the enlightening Global Mining Leaders Summit. At the conference, Mining Industry Leaders from all over the World gathered to share their insights and discuss new developments at the forefront of the mining space. Attendees included the following:
Top ASIC Manufactures: Bitmain, MicroBT, Innosilicon & Canaan
Largest PoW Pool Operators: Slush Pool, Poolin & BTC.com
Industry Thought Leaders: Fidelity, Cambridge University & JD Mining – 300mw Farm
Industry experts gather to discuss the Bitcoin mining industry at the Global Mining Leaders Summit in Chengdu, China. Blockware Solutions CEO, Matt D’Souza, was a keynote speaker and also participated in the conference’s Research Panel along with representatives from:
Fidelity
Cambridge University
TokenInsight
CEO of Blockware Solutions Matt D'Souza discusses how the Bitcoin mining industry is influenced by Bitcoin market cycles at the Global Mining Leaders Summit in Chengdu, China. Mining Industry Leaders from all over the World gathered to share their insights and discuss new developments at the forefront of the mining space. Attendees included the following:
Top ASIC Manufactures: Bitmain, MicroBT, Innosilicon & Canaan
Largest PoW Pool Operators: Slush Pool, Poolin & BTC.com
Industry Thought Leaders: Fidelity, Cambridge University & JD Mining – 300mw Farm
Miner Summit 2019 is an exclusive crypto mining conference taking place in the Sichuan province of China this October. Sichuan is known as the Bitcoin Mining Capital of the World - it dominants share of the bitcoin hash rate with mining facilities as large as 300mw's. Limited to 300 attendees, the conference is bringing together the top names in the mining industry. Admission is free, but it is invite only.
Read MoreThe Blockware Team has returned from an eventful trip at Blockchain Week in Berlin. We had insightful discussions with some of the largest Bitcoin Miners in Europe and the brightest blockchain technologists in the world. Additionally, we Co-Hosted a private dinner with Consensys to discuss the Future of Staking and Decentralized Finance which included invitees such as: Polychain Capital, Winklevoss Capital, Andreessen Horowitz, SKALE Labs and MarkerDAO. This was a gathering of the leading funds and blockchain companies in the industry - approximately 30 in attendance.
Read MoreBlockware Solutions is proud to be named among the top validators on the planet as a Preferred, Star Validator for SKALE Labs’ live Fuji DevNet! SKALE Labs is an elastic blockchain network working to resolve Ethereum’s scalability issues and provide developers configurable and customizable framework for dApp development.
Read MoreWe believe we are in inning 1 or 2 of a strong bull market as Bitcoin continues to rally. Our analysis indicates that Bitcoin should retest the $13,800 previous rally high shortly and will likely race higher into the $15,000 - $17,000+ range. Back in July, our CEO, Matt D'Souza (Co-Founder and Portfolio Manager of Blockchain Opportunity Fund, LLC - a large Digital Currency Hedge Fund out of Chicago), posted the following research and analysis of his data driven thesis here.
Read MoreThe specific trend we look for during turning points in market cycles is the churn and transfer of an asset between retail and institutional investors. Markets are dictated by human psychology, which is why similar patterns and characteristics are repeated across distinct markets, regardless of the asset. In Bitcoin Mining, we define a “Retail Miner” as a miner looking to buy or sell under 100 mining rigs. “Institutional Miners” are attempting to buy or sell 100+ mining rigs.
Read MoreThe sharp depreciation in Bitcoin Price has made it difficult for many mining operations to generate a profit. While this bear market has caused many facilities to close shop, experienced miners are getting creative and capturing greater market share. We are witnessing the successful miners and hosting facilities deploy innovative new strategies to gain competitive advantages through energy efficiencies; minimizing capital expenditures and operating expenditures. Improved strategies and efficiencies gained during the current market correction position market participants to lead during the next Bull Cycle. These strategies include:
Read MoreThis is an example blog post excerpt.Blockchain technology creates countless opportunities for disruption, which in turn threatens incumbents. Blockchain is pervasive among all industries but for this call out we will focus on payments and early enterprise adoption. We view blockchain as a threat to Legacy Companies, their business models, and their control of present economies.
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