ChainCatcher message, 1confirmation founder Nick Tomaino posted on the X platform stating: "ETH is the internet's native store of value, with the best monetary policy in the world. The supply of BTC will continue to increase, reaching 21 million by 2140.As the usage of DeFi, stablecoins, NFTs, prediction markets, SocialFi, etc. increases, the supply of ETH decreases, stake ETH, earn yields and HODL."

ChainCatcher news, Nasdaq-listed company Steakholder Foods Ltd. announced that its board of directors has approved the purchase of up to $1 million in Bitcoin or an index tracking cryptocurrencies.Steakholder Foods CEO Arik Kaufman stated, "As the demand for cryptocurrencies continues to grow and their acceptance as an asset class increases, we believe that Bitcoin or a diversified basket of cryptocurrencies including Bitcoin will become a strong financial reserve asset for the company. Given the recent approvals of cryptocurrency ETFs and the increasing support from institutional investors, cryptocurrencies can serve as a great complement to our financial strategy, aiming to provide practical value storage."It is reported that Steakholder Foods is a manufacturer of alternative proteins and 3D printing technology, and it is a company from Israel that is listed on Nasdaq.

ChainCatcher news, Bitwise Research Director Ryan Rasmussen stated that Goldman Sachs CEO David Solomon said in an interview with CNBC this morning at the Olympics: "Bitcoin may have a use case as a store of value."

ChainCatcher news, according to Cointelegraph, Atari founder Nolan Bushnell described three pillars that blockchain can provide for modern gaming in an interview, with the first and most important value proposition being the ability to transfer funds seamlessly and securely. He explained, "We want to turn gaming into a competitive platform, and for good competition, you need to be able to transfer funds simply, easily, and securely.""The second is the utility of smart contracts. Smart contracts are valuable not only in gaming but in all human interactions because much of what we do in life is about building relationships and then setting terms for those relationships." The third key area is the ability to securely store the value of digital assets in the form of currency and tokens.

ChainCatcher message, the Federal Reserve has released a new Bitcoin research report titled "The Bitcoin--Macro Disconnect," which is 31 pages long. The report states, "Bitcoin exhibits many of the characteristics of a store of value like gold, unaffected by monetary and macroeconomic news."The report summarizes, "We model Bitcoin as an asset with no intrinsic value, whose price depends on the discounted value of its future prices. We find that Bitcoin shows no response to monetary and macroeconomic news. The lack of response to monetary news is puzzling, as it raises questions about the role of the discount rate in Bitcoin pricing. However, given the short sample used in the analysis, more evidence is needed to assess the disconnect between Bitcoin and macroeconomic fundamentals." (source link)