Although it is unclear how this lending would get done, Saylor proposed this action as the best alternative to generate capital from MicroStrategy. Saylor also shared other ideas for the company and digital currency’s future.

The investment firm led by Michael Saylor, MicroStrategy, may be considering disposing of some of the capitalized Bitcoin and making loans to derive higher profits.

The information about these plans appeared precisely during a report directed towards the shareholders, where Saylor expressed the possibility of generating debt from the BTC capitalized by the company, with which they could offer loans with counterparties:

Michael Saylor expressed that there might be opportunities to put a mortgage on it and generate long-term debt under favorable circumstances.

In this regard, Saylor added that the idea of   making loans with Bitcoin may well be lucrative since “it could become a good source of income … or develop as some kind of interesting application.”

Bitcoin Loans and the DeFi Sector

To analysts and enthusiasts, Saylor’s idea does not sound bad at all. It happens due to the current boom in the lending industry within the DeFi ecosystem, especially when a company like MicroStrategy currently owns more than $ 5.6 billion, a figure that corresponds to at least just over 0.5% of all BTC issued at press time.

At the same time, Saylor also highlights that cryptocurrency loans have become too famous in recent years. It starts with highly reputed cryptocurrencies and continues with recognized stable coins. Until today, these loans are leading to services that even accept NFTs that go to stakeholders more easily.

In the case of MicroStrategy, although it is not entirely clear how they would implement this idea, the sole truth is that the company and its shareholders could receive tons of benefits if the proposal gains traction.

Other Proposals from Saylor

But the idea of   BTC loans was not the only idea that Saylor shared with shareholders, as the possibility of a Bitcoin-based bond market emerging going forward also loomed, on which he commented:

Saylor had said that a good bond market supported by Bitcoin is still an uncertain event. He said he firmly hopes to explore that sector in the future.

Another thing Saylor addressed during the meeting was the possibility of MicroStrategy issuing more stocks and corporate debt. This issuance of stocks would help boost more capital and acquire more Bitcoin shortly.

This situation would go hand in hand with the long-standing plans of the investor, in which he stands firm regarding the fact that the digital currency is a solid value proposition, which will undoubtedly replace gold as the main one.

By: Jenson Nuñez

A compelling metaverse would require more improvements in hardware, software, Internet connectivity, and others. Intel intends to reach enough capacity of one sextillion processes per second in at least five years.

According to an article posted on the Intel blog, achieving truly immersive metaverses could be a goal that won’t get reached that soon. The post, made by Raja Koduri, a senior executive of the corporation, highlights that it would require a 1000-fold increase in computational efficiency from its current state.

Koduri, leader of Accelerated Computing Systems and Graphics at one of the world’s largest integrated-circuit manufacturers, thinks that bringing the metaverse concept to reality will need exponentially better computing power and the best existing tools.

According to the executive, the metaverses respond to an aspiration to enable rich environments of virtual and augmented reality, in real-time and globally interconnected that will let billions of people to work and play, collaborate and create a social life virtually.

However, creating a compelling digital universe would require hardware improvements and software and Internet connectivity, says Koduri. The process would include creating detailed avatars and rendering gesture data, audio, objects in real-time and then passing them onto cyberspace with minimal latencies.

The word metaverse became highly popular two months ago when Facebook revealed that it would become a corporation committed to working on this concept. Since then, large-scale companies with a transnational approach, such as Nike, Adidas, Zara, and even Times magazine, have been dabbling in metaverses.

Zuckerberg highlighted that they are a company that creates technology to connect people. Together, the company can finally put people at the center of their technology. Zuckerberg also said that together as a company, they can unlock a vastly larger economic sector.

The chairman added that the Facebook name does not represent everything the company does right now and that, despite the change, it remains closely linked to the product, but over time, I hope we will be the meta-reverse company.

In a video on which he made the formal presentation of the new platform, Zuckerberg remarked that the applications and brands would not change; they still desire to be a company that designs people-focused technology.

The chairman indicated that the company will now get segmented into two parts. One of these parts would go for the family of known applications and the other part go for future platforms. The leader said that, due to this procedure, it is just a matter of time for the company to embrace a new brand concept for everything they do and to reflect who they really are.

A recent Grayscale report highlights that more than 50,000 people interact in metaverses through games. However, the number would grow significantly in the upcoming years with Web 3.0.

Raja Koduri highlighted that Intel projects that, by 2022, they would have new high-performance items. In five years, they will reach zettasclae computing, that is, computers with a performance of one sextillion floating-point operations per second.

By: Jenson Nuñez

The outgoing flow of BTC from exchanges responds to a better accumulation of holders. There are currently about 830,000 BTC on exchanges.

Inventories of bitcoin (BTC) on exchanges continued their path to decline and reached 13.2% of supply this last Thursday, which runs parallel with 2.49 million BTC. According to data from Glass node, BTC inventories reached this value in February 2018.

While the price in bitcoin (BTC) followed a declining path, inventories increased to their all-time high peak of 17.02%, recorded on March 20, 2020. This all-time high took effect a week after the widespread decline in markets.

Inventories got back to the value of 13.2% in just over three years and ten months. The big difference between the two dates is in the current market capitalization of bitcoin. Back on February 4, 2020, bitcoin was capitalizing at around $ 6,891, while the circulating one was at 16.84 million BTC. This situation means that the market capitalization on that date was USD 116,028 million.

At the time of writing this note, the market capitalization is USD 872,770 million, as the price of BTC is USD 46,171, while the current is 18.903 million BTC. The percentage of BTC in the exchanges gets back to the value it had three years and ten months ago, but its capitalization has grown at least 652% in that period.

According to an analysis by Willy Woo, the continuous departure of BTC from exchanges takes effect due to the accumulation of long-term holders, which, although it has not continued with an upward trend, remains at high levels.

Woo also highlights that regardless of the price correction that started after the all-time high peak on November 10, intensive purchases also took effect by smallholders, all of them with less than 1 BTC.

Woo and his Analysis

In his latest report on the bitcoin market, analyst Willy Woo highlights that, despite the declining price in recent weeks, the accumulation of long-term holders (LTH) maintains its position at high levels, among other indicators.

Consequently, according to the analyst, the market structure in the medium term is bullish. Woo highlights that despite the current price action, the underlying market structure shows zero signs of a bear market.

Also, the report states there is a slight increase in demand on bitcoin derivatives exchanges so, users would be in the presence of a bullish divergence, given the drop in prices. Woo added that this situation suggests that a bitcoin price bottom is forming.

Woo implements a system based on his creation to the valuation of bitcoin. The model, based on the supply shock, examines the BTC prices. The model managed to explore the BTC prices when the demand was similar to the current one, and from there, it extracts a valuation of BTC.

By: Jenson Nuñez

The president of Coinbase believes the current regulatory framework hinders the advancement of cryptocurrencies. She thinks that that industry will continue growing as more users participate.

The president of cryptocurrency exchange Coinbase, Emilie Choi, recently spoke about the future of cryptocurrencies. She also commented that the uncertainty around the regulatory framework hinders the advancement of those assets.

Besides, the executive expressed her optimism about the number of people who would use cryptocurrencies in the coming years. In that regard, she estimates that there would be nearly one billion users.

The Influence of Clear and Transparent Regulations on Cryptocurrencies

Although Choi believes the adoption of crypto assets would maintain its usual pace, she clarified the need for a functional legal environment. The cryptocurrency industry could succeed with a regulatory system opening the door to those assets without many obstacles.

She highlighted that there are currently uncertainties regarding the regulations by the US government. The president of Coinbase predicted a scenario full of factors that hinder the advancement of cryptocurrencies.

She said she hopes that the government will be friendly to the cryptocurrency world. In that sense, she noted that a growing number of people are becoming interested in crypto assets. Therefore, she believes that regulators should generate clear and transparent regulations.

Instead of refusing to accept the regulatory framework, she adopts an optimistic position.

The executive also mentioned the legal environment of the firm that she leads. She added that they have over 50 regulators only in America, which they accept.

The Progress of the Community in the Years to Come

Emilie Choi thinks that the cryptocurrency industry will continue growing as more users participate in that market. In that sense, she estimates that there are currently around 200 million participants worldwide.

Additionally, the president of Coinbase believes that the scenario looks encouraging, keeping in mind that this number may reach one billion. She said that such growth would occur sooner rather than later, within five years.

Following a hearing by the firm with the House Financial Services Committee, she seemed to be in tune with the lawmakers. At the same time, some representatives of that entity said they would be willing to learn more about cryptocurrencies.

Despite that, the scenario of uncertainty continues since the long-awaited regulatory framework has not yet arrived. Amid that situation, Emilie Choi highlighted that the company would make its way although it still operates in the United States.

Now Is an Excellent Time to Buy Cryptocurrencies

Choi said that there are benefits between bullish cycles when the price of crypto assets drops. She explained that companies that invest during those periods would make significant profits when the value of cryptocurrencies increases.

An example of investors who buy the dip is Michael Saylor, the co-founder, and leader of MicroStrategy. His company has increased its market value by 337% after buying Bitcoin while the price has dropped.

The president of El Salvador, Nayib Bukele, has also purchased Bitcoin, taking advantage of the drop in its price. In that way, his government has added more capital to the coffers of the Central American nation.

By Alexander Salazar