A common concern for individuals is reclaiming their crypto post-hack.
27 Sep 2023, 07:46
A common concern for individuals is reclaiming their crypto post-hack.
We'd argue that the risk of being hacked in the first place diminishes significantly when opting for privacy coins.
Anonymity is your best defense.
Same news in other sources
1
27 Sep 2023, 08:00
Bernstein: Crypto Funds Poised for 13x Growth: From $50B to $650B in 5 Years
Bitcoin and crypto asset funds currently represent a niche market with an estimated worth of $50 billion, as highlighted by Bernstein Research. Yet, under the leadership of Gautam Chhugani, Bernstein’s team of analysts anticipates these funds may oversee between “$500-650 billion of assets” in the coming five years.
$650B Horizon: Bernstein Envisions Massive Growth in Crypto FundsOver the next five years, the crypto fund management industry could see significant growth, according to Bernstein analysts. Led by Chhugani, Bernstein’s team currently values the sector at $50 billion, describing it as a “cottage industry.” However, they anticipate it will transform into a regulated asset management industry, managing “$500-650 billion of assets” within five years.
One reason is they believe regulatory challenges will diminish. “The meat of regulatory backlash is done for now, and the Coinbase case will provide further clarity,” said the Bernstein team in a note to investors on Monday. Another reason is the chances of a U.S. spot bitcoin exchange-traded fund (ETF) approval by early 2024 “has significantly increased.”
Bernstein: Crypto Funds Poised for 13x Growth: From $50B to $650B in 5 Years.
Bernstein: Crypto Funds Poised for 13x Growth: From $50B to $650B in 5 Years
Bitcoin and crypto asset funds currently represent a niche market with an estimated worth of $50 billion, as highlighted by Bernstein Research. Yet, under the leadership of Gautam Chhugani, Bernstein’s team of analysts anticipates these funds may oversee between “$500-650 billion of assets” in the coming five years.
$650B Horizon: Bernstein Envisions Massive Growth in Crypto FundsOver the next five years, the crypto fund management industry could see significant growth, according to Bernstein analysts. Led by Chhugani, Bernstein’s team currently values the sector at $50 billion, describing it as a “cottage industry.” However, they anticipate it will transform into a regulated asset management industry, managing “$500-650 billion of assets” within five years.
One reason is they believe regulatory challenges will diminish. “The meat of regulatory backlash is done for now, and the Coinbase case will provide further clarity,” said the Bernstein team in a note to investors on Monday. Another reason is the chances of a U.S. spot bitcoin exchange-traded fund (ETF) approval by early 2024 “has significantly increased.”