CMCC Global writes monthly to investors, sharing our views on market dynamics and demystifying this new asset class.
Here we share selected insights, exploring important topics in the blockchain ecosystem.
In November 2019, we wrote about the proposed rollout of Ethereum 2.0. The first phase of this upgrade is expected to take place in Q3 2020 and is being eagerly monitored by the crypto community.
The trading infrastructure surrounding digital assets is maturing. Trade volumes have risen dramatically over the last three years, helped to a large degree by the creation of derivative markets and over USD1 billion in investments allocated to institution-serving firms.
The third ever Bitcoin Halving takes place on 12 May. This is where the issuance of new bitcoin to miners is cut in half. This is more than just an interesting technical characteristic of the Bitcoin protocol. It is the reason that Bitcoin is becoming recognized as a true alternative form of money.
数字人民币试点工作初见端倪,这给国内的移动支付吹来新风,也会在世界范围产生深远影响。 A Digital RMB pilot has been released in China. This will impact local payments in China, but also has strategic significance for the rest of the world.
The Solana smart contract platform boasts a string of technical innovations and one of the most experienced teams in the blockchain ecosystem. Solana’s newly launched network is operating at speeds 1000x that of Ethereum and is poised to take the blockchain world by storm.