CRYPTO

U.S. Congressman Ro Khanna, representing California's 17th congressional district, is set to host a Bitcoin and blockchain roundtable in Washington D.C. in early July, according to a private email sent by Khanna's Office, seen by Bitcoin Magazine. 

Bitcoin Magazine's Nik Hoffman reports that Khanna's Office described the upcoming meeting as "the most significant meeting between policymakers and innovation leaders in blockchain to date." (more…)

By Sebastian Bea of Coinbase Asset Management

A pinch of paranoia is an essential ingredient in the risk management toolkit as markets hunt to humiliate hubris. Investors are tasked with monetizing megatrends. Macro risks are seen as a nuisance for growth-focused investment styles. But macro risks can and do derail poorly executed great ideas. So, recession odds should always be in the back of investors’ minds.

Our Macro Pulse is built to bark when the risks of recession rise. (more…)

Authored by Nik Hoffman via BitcoinMagazine.com,

Jurrien Timmer, Fidelity’s Director of Global Macro, recently made a notable statement about Bitcoin, describing it as "exponential gold" and an emerging player on the "store of value" team.

Timmer's comments were shared through a series of posts, where he elaborated on Bitcoin's evolving role in the financial ecosystem.

Timmer highlighted Bitcoin's unique position in the market, and compared its growth trajectory to the exponential adoption curves seen in technologies like the internet and mobile phones. He emphasized that Bitcoin’s scarcity and growing acceptance as a digital asset contribute to its potential as a long-term store of value, akin to gold.

Jurrien Timmer

In his posts, Timmer suggested that its adoption rate and network growth are critical factors in its valuation.

He noted that while Bitcoin is still in its early stages compared to traditional (more…)