“If this $2.7b exits completely the bitcoin space then such an outflow would of course put severe downward pressure on bitcoin prices,” the authors wrote. “If instead most of this $2.7b shift into other bitcoin instruments such as the newly created spot bitcoin ETFs post SEC approval, which is our best guess, then any negative market impact would be more modest.”
Math Olympian in Shadow of John Nash Tries to Solve Blockchain, AI Trust Dilemma
The concept for the new protocol was created in conjunction with researchers from Berkeley and Columbia University, according to the...