PwC Report: Cryptocurrency Represents the Beginning of a New Phase of Technology-driven Markets
In a paper titled Money is no object: Understanding the evolving cryptocurrency market, just published by PricewaterhouseCoopers, the multinational professional services network examined and explained its position on cryptocurrencies. Its verdict: The inherent value of cryptocurrency has "gained acceptance from a critical mass of investors,....
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Cryptocurrencies such as bitcoin will usher in a new wave of 'technology-driven markets', a new report from PricewaterhouseCoopers (PwC) has claimed. The 17-page primer, released by the firm's Financial Services Institute this month, says it is no longer a question of if cryptocurrencies will transform financial services, but when and how. The report reads: "[Cryptocurrencies] have the potential to disrupt conventional market strategies, longstanding business practices, and established regulatory perspectives - all to the benefit of consumers and broader macroeconomic efficiency." PwC, a....
According to a paper titled "Money is no object: Understanding the evolving cryptocurrency market" published by PricewaterhouseCoopers, cryptocurrencies play a role in the development of technology-driven markets. PwC is a multinational professional services network. It also highlighted how cryptocurrencies "gained acceptance from a critical mass of investors, technologists, regulators, merchants, entrepreneurs and consumers" and that these have the "potential to disrupt conventional market strategies, longstanding business practices, and established regulatory perspectives - all to the....
The average value and volume of transactions conducted on the BTCM platform increased by 48% and 118 percent in 2021, with the average daily orders increasing by 42%. The crypto market is maturing and is no longer driven by speculation, according to a new report from BTC Markets (BTCM). According to the report by the Australian cryptocurrency exchange, the crypto market's growth in 2021 was driven by utility.The BTCM Investor Study Report 2021 is an in-depth analysis of data from the BTCM exchange for the year 2021, divided by demographics (age, gender, investor type) to anonymously....
Non-fungible token (NFT) assets have seen significant demand since the beginning of 2021 and third quarter statistics show that key indicators have continued to rise. Just recently nonfungible.com published its Q3 2021 NFT Quarterly Report which shows active wallets increased, the number of NFT buyers has risen, and the number of sellers has grown faster than the amount of buyers. NFT Action Spikes Higher in Q3 NFT market action in Q3 2021 broke previous recorded quarterly metrics as NFT demand continues into the last few months of the year. The web portal nonfungible.com’s....
In this episode of Fed Watch, the hosts discuss the technology-driven deflation debate. The post Video: Debating Technology-Driven Deflation appeared first on Bitcoin Magazine.