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PRESS RELEASE. At Bitcoin Vault (BTCV), the team pride itself on solving security issues that no one else can, which requires a great deal of creative thinking. But when a team can think outside the box, anything is possible. Now, it has been proven that creativity drives projects forward. 
BTCV is incredibly happy to announce that BTCV has been awarded the Gold Prize at the Muse Creative Awards for work on the SkillzVault series of events. This initiative was BTCV’s first collaboration with a new partner, ESE Entertainment. These events were announced in May 2021 and ran in Asia and South America from August to December. The events were a huge success, attracting large in-person crowds and audiences across multiple streaming platforms. This was compounded by launching the very popular NFTs promoting the events. 
The Muse Awards
The International Awards Associate (IAA) is an organization that recognizes excellence in various creative and design industries. Its Muse Awards are distributed across multiple disciplines. Besides the Creative Awards, for which BTCV won Gold, there are Design, Photography, and Hotel categories. 
About ESE Entertainment
One of the most recognizable names in esports, ESE Entertainment helps game developers, publishers, and brands achieve their goals. A combination of technology, infrastructure, and behaviour science has made ESE a pioneer in the industry. ESE operates its e-commerce channels, esports teams, and gaming leagues. In addition, BTCV collaborated with ESE to realize shared goals. Winning Gold at the Muse Creative Awards is just the beginning of a promising and mutually beneficial future. 
Meet the Applicants
The International Awards Associate received over 6,000 entries from competitors in 18 countries and are all internationally recognized leaders in their fields. 
Here are just a few of the names behind direct submissions: 

Les Ateliers Louis Moinet SA
LWK + Partners
António Fernandez Architects
Leica Geosystems
Aedas, 
ACTLD

But the awards also receive a considerable number of indirect submissions. Here is a selection of those reputable applicants: 

Donahue Schriber Realty Group, Inc.
Bureau of Public Works of Shenzhen Municipality 
Beijing Enterprises Group Company Limited 
Warner Bros.
IBM
Mercedes-Benz
Porsche Hungária.

Who Were the Winners
Previous winners have included League of Legends, Porsche, and Nike. The 2022 winners include GoDaddy, TikTok Canada, and Fiverr US. BTCV was the Gold Winner in the Social Media in Financial Services category. The SkillzVault gaming talent show has been a remarkable achievement for all parties involved. None of this would have been possible without ESE Entertainment. For BTCV, it is an honour and a pleasure to call this company a partner. The team has achieved recognition from a panel of highly respected judges. 
The Panel of Judges
The International Awards Associate knows that an award is only as respectable as its evaluators. Instead, it selects leading industry professionals to be the competition’s judges. By selecting individuals from various sectors and regions, the IAA can maintain impartiality and high standards. 
The judges for the 2022 Awards included Creative Director of Kre8ive Partners, Mark Turner; Owner and Founder of UArchitects, Misak Terzibasiyan; 3D Senior Global Packaging Designer at Tom Ford Beauty, Jiaru Lin; Managing Director and Co-Founder of LR Seoul, Joon Kwon; Associate Creative Director at MullenLowe, Renato Barreto; and Art Director at VML Y&R São Paulo, Felipe Paganoti. 
Bitcoin Vault
Everyone at BTCV is overjoyed at the success of the SkillzVault Events and winning Gold at the Muse Creative Awards. But perhaps no one is happier than Konrad Mroczek, Marketing Manager at Bitcoin Vault. Reflecting on the achievement, he had this to say: 
“A substantial part of this success goes to all team members of ESE Entertainment for huge and highly professional work. The company perfectly merged two target groups of gamers and crypto enthusiasts. Results of the SkillzVault campaign confirm that it was a spot-on decision.”
Just the Beginning
As impressive as this achievement is, it is just the beginning. BTCV are looking to build on this momentum and use the recognition to secure new partnerships. The SkillzVault events were the first steps into the esports industry, but they won’t be the last. 
Stay tuned for more gaming events and sports-themed products like the SkillzVault NFTs. 
 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.


PRESS RELEASE. At Bitcoin Vault (BTCV), the team pride itself on solving security issues that no one else can, which requires a great deal of creative thinking. But when a team can think outside the box, anything is possible. Now, it has been proven that creativity drives projects forward. BTCV i...

news.bitcoin.com

SkillzVault and ESE Entertainment Win Gold at Muse Creative Awards 2022

A widely followed macro analyst from financial services giant Fidelity says Bitcoin has reached a price level that makes it “attractively valued.”
Fidelity analyst Jurrien Timmer tells his 114,000 Twitter followers that he’s looking at the Bitcoin to gold ratio, which pins the price of both store-of-value assets against each other.

“First up is the bitcoin/gold ratio, which I see as a barometer for how this aspiring digital store of value is faring relative to that “original” store of value.
The BTC/gold ratio is now resting on major support, in the form of the 2017 high as well as the 2021 low. At the same time, the detrended Bollinger Band shows that the ratio is now at 2 standard deviations below trend, which is a level that has contained the last 3 declines.”
Source: Jurrien Timmer/Twitter
The analyst also has his eye on Bitcoin’s dormancy flow, which gauges the market’s spending patterns by tracking the average number of days each coin transacted remained dormant. Timmer notes the metric is currently at levels not seen since 2018.
“Next up is the dormancy flow, which roughly speaking is a measure of strong vs weak hands. The entity-adjusted dormancy flow from Glassnode is now at the lowest level since the 2014 and 2018 lows”
Source: Jurrien Timmer/Twitter
Timmer shares a model that compares the adoption of Bitcoin to the rise of the internet and mobile phones. Assuming that BTC and cryptocurrencies are being adopted at the same level as the internet and cell phones, Bitcoin is now significantly undervalued, according to metric.
“Next up is valuation. With the current swoon to $25k, Bitcoin is now below the price currently suggested by both my mobile phone-based S-curve model and the more conservative internet adoption model.”
Source: Jurrien Timmer/Twitter
The Fidelity analyst says he finds it noteworthy that despite Bitcoin’s significant price correction from its all-time highs, HODLers appear unfazed. His models show that the number of Bitcoin held for more than 10 years is holding steady at 13%.
Source: Jurrien Timmer/Twitter
Timmer says that given all the available metrics, Bitcoin is currently at a historically attractive price, plus sitting at solid support. The one variable however is the stock market, which he says clearly has an influence over BTC’s price movement.
“All of the above tells me that Bitcoin is not only at solid support but also attractively valued. The one caveat is that the Bitcoin sensitive equities need to confirm any recovery for Bitcoin. 
They were the canary in the coal mine before Bitcoin broke down a few weeks ago, and they will need to show strength on the rebound for me to have confidence in Bitcoin’s rally prospects.”
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.



Featured Image: Shutterstock/HQuality
The post Fidelity Macro Anlayst Says Bitcoin (BTC) ‘Attractively Valued’ At Current Price – Here’s Why appeared first on The Daily Hodl.


A widely followed macro analyst from financial services giant Fidelity says Bitcoin has reached a price level that makes it &#8220;attractively valued.&#8221; Fidelity analyst Jurrien Timmer tells his 114,000 Twitter followers that he&#8217;s looking at the Bitcoin to gold ratio, which pins the p...

dailyhodl.com

Fidelity Macro Anlayst Says Bitcoin (BTC) ‘Attractively Valued’ At Current Price – Here’s Why

Sam Bankman-Fried – Chief Executive Officer of the crypto exchange FTX – argued that bitcoin will not emerge as a global payment network. He labeled it inefficient and harmful to the environment due to its proof-of-work mining model. However, he doesn’t believe BTC “has to go” as it could serve as a store of value similar to gold.
Payment Systems Should Utilize PoS
In a recent interview for the Financial Times, Sam Bankman-Fried (SBF) criticized bitcoin for being unable to process a large number of transactions at a cheap cost. In his view, BTC or any other cryptocurrency based on the proof-of-work (POW) mining model does not have a future as an effective payment system:
“The Bitcoin network is not a payment network, and it is not a scaling network.”
SBF thinks that a functional payment network can be created by blockchain protocols using a proof-of-stake (POS) consensus mechanism. Thus, transactions will be faster and relatively inexpensive, which makes them an appropriate choice for the broad society:
“Things that you’re doing millions of transactions a second with have to be extremely efficient and lightweight and lower energy cost. Proof-of-stake networks are.”
One such cryptocurrency project working on switching from PoW to PoS mining model is Ethereum. The transition, known as “The Merge,” should make it more environmentally suitable and will significantly cut the network’s energy costs. Last month, Ethereum’s leading developer – Tim Beiko – predicted the shift will see the light of day in a few months – after June 2022.
SBF did not completely reject bitcoin. He envisioned it to have a future as “an asset, commodity and a store of value” much similar to gold:
“I don’t think that means bitcoin has to go.”
Sam Bankman-Fried, Source: The Financial Times
SBF Is Keen on Solana
Speaking of blockchain protocols utilizing a proof-of-stake mining model, one should mention Solana, which seems to be among Bankman-Fried’s favorites as he often praises its merits.
In November 2021, the CEO emphasized Solana’s ability to scale millions of transactions per second. As such, it could become the next most dominant digital asset protocol, surpassing even Bitcoin and Ethereum.
At the beginning of 2022, Solana’s network suffered an outage that caused panic among its users and traders across the crypto community. Despite the issue, SBF remained bullish on it, classifying it as better than other blockchains.


According to Sam Bankman-Fried, bitcoin is similar to gold rather than a successful payment system.

cryptopotato.com

FTX CEO Thinks Bitcoin Has No Future as a Payment System

Asia Broadband, Inc. (OTC:AABB) is a resource company centered around the production, supply, and sale of metals, focusing primarily on Asian markets. They acquire highly prospective gold projects in Latin America and then distribute production throughout their extensive global sales network.
Asia Broadband currently holds over $100 million in assets, a 500% increase from last year. The company is trading in consolidation mode and reached new highs in February, leading to the year-to-date stock being up over 1,500%.
Recently, the company announced it had received $2.8 million. The source of their new capital came from four directors of Asia Broadband for the purchase of preferred shares.
The 28 million non-convertible, preferred shares were issued at $0.10 per share with each share, with 100 voting rights and equal participation with common shares for all future dividends.
Asia Broadband President and CEO Chris Torres purchased $2.4 million of the total preferred share issuance, stating: “Our entire management team is committed to the company’s growth and profitability and we have emphatically demonstrated this with a substantial long-term investment to fuel the expansion of our gold production and digital asset divisions. Our focus and determination to succeed in every area of the company’s business has intensified now with our capital contribution.”
All capital received will be distributed among Asia Broadband’s capital expansion programs.
On top of their dealing with metals, Asia Broadband also has multiple digital asset sectors, including a digital asset wallet and a gold pegged digital asset.
AABB Wallet
Last year, Asia Broadband launched its own digital asset wallet called the AABB Wallet. The wallet was designed to keep your digital assets secure and your data private. The AABB Wallet collects no data, and every transaction made through them is entirely invisible to third parties.
The AABB Wallet is open to trades and purchases for those looking to transfer AABB Gold tokens (AABBG) to other AABB Wallet users. This is done to increase AABB Gold token circulation and generate revenue to support and stabilize the token price once AABBG is openly tradable.
The wallet has many stand-out features that make it a unique option amongst other digital asset wallets. This includes instantly sending and receiving digital assets with no deposit fees and low transaction fees. The iTransfer feature allows users to securely send AABB Gold and other digital assets via email, text, social media, and more.
The wallet will also be releasing a Merchant API feature which will allow B2B and B2C transactions to be made using the AABB Wallet. This feature will allow merchants to establish loyalty programs while also letting customers earn cashback.
Finally, Asia Broadband is developing an online digital asset payment processing solution allowing businesses to accept global digital assets from their site.
AABB Gold
The previously mentioned AABB Gold is Asia Broadband’s digital asset and is backed by physical gold. Being pegged with gold allows the asset to benefit from both gold and digital asset features, ensuring it will maintain the potential for price appreciation from both markets.
While AABB Gold is a traditional digital asset, it has the qualities of a stablecoin. The token’s price is supported at a minimum of 0.1 grams spot price of gold and is backed by $30 million in physical gold.
AABB Gold’s most unique aspect that sets it apart from other digital assets is its vertical integration of Mine-to-Token gold-backing. Asia Broadband holds physical gold assets to entirely back the token from the mining production segment of the company.
As the company progresses, it will continue to optimize its capital utilization by implementing its mining production and acquisition strategy in regions of Mexico. Also, the company’s digital asset divisions like the AABB Gold token, AABB Wallet, AABB Exchange and NFTs will continue expanding and developing at an accelerated rate as time progresses.


Asia Broadband, Inc. (OTC:AABB) is a resource company centered around the production, supply, and sale of metals, focusing primarily on Asian markets. They acquire highly prospective gold projects in Latin America and then distribute production throughout their extensive global sales network. Asi...

newsbtc.com

Asia Broadband’s Holdings Explode by 500% as the Company Continues Connecting the Dots Between Gold and Digital Assets

In a recent interview with the Economic Times, billionaire investor and founder of Bridgewater Associates, Ray Dalio, acknowledged the potential of digital assets, especially Bitcoin, emphasizing their impressive performance over the past decade.
Dalio: Bitcoin Still Has Unresolved Issues
72-year-old American investor also noted that Bitcoin’s finite supply makes it similar to other universally accepted inflation hedges such as gold.
However, he doesn’t see central banks adopting Bitcoin as a reserve asset due to several issues such as privacy and ban in some countries.
“Still, there are issues with them. Transactions can be traced so privacy is an issue. They can be controlled, they can be shut down, they can be made illegal which tends to tap in during times when they may be threats to the alternative currency. So, I don’t think they’ll be held as central bank reserves for various reasons,” he said.
Ray Dalio. Source: Yahoo
Not a Good Competitor Against Gold
While Dalio believes investors should have digital assets like Bitcoin in their portfolio, he noted that gold does a better job at hedging against inflation.
He also argued that Bitcoin’s total market value is less than that of Microsoft, which makes it less desirable for storing wealth compared to gold.
The billionaire, however, expressed optimism about the growth of the crypto industry over the next 10 years.
“I think that the environment that we’re in is an environment in which there is a risk of political confiscation or any other forms of confiscation. I think gold does a better job but as I said, we’re into this new environment and that could include NFTs and all sorts of things. It’s a competitor but I think in terms of its qualities, not as good a competitor… But we’ll figure those things out. It will evolve over the next 5 to 10 years,” Dalio said.
The Need for Diversification
The billionaire investor pointed out that due to the changing global economic environment, it would be wise for investors to diversify their investment portfolios. He commented that every investor should have crypto, gold, and other traditional assets in their portfolio to strengthen them against raging inflation.
“I think it’s a mistake for anybody to have just one, such as picking a digital currency and not having any gold or just having gold and not having any digital currency.”
Earlier this year, Dalio argued that people are giving too much attention to cryptocurrencies after admitting that Bitcoin has proven itself in its 13 years of existence.


According to the billionaire, Bitcoin is a great hedge against inflation, but it is not a good competitor against gold.

PAX Gold price	$1,855.65
Low - High 24H	$1,851.18 - $1,864.25
Market cap	$616.75M
Volume 24H	$6.32M
All time high	$2,241.37 -17.21% May 17th 2021
All time low	$1,399.64 32.58% November 18th 2019
Genesis date	N/A

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