November 04 – November 10, 2021 | North iQ Newsletter

North iQ Weekly Newsletter is curated to provide insights on digital asset industry developments, market announcements, and performance analysis.

November 04 – November 10, 2021 | North iQ Newsletter Reddit to reportedly Tokenize Karma Points and Onboard 500 Million New Users

November 06, 2021 – American social media giant Reddit may soon convert users’ karma points into Ethereum-based (ERC-20) tokens and onboard 500 million new crypto users in the process, according to a newly hired Reddit engineer. “When we all pull this off, we would onboard 500 Million web2 users into web3 and then there is no going back…”.

Read the report here.

November 04 – November 10, 2021 | North iQ Newsletter Matter Labs scores $50M from a16z to bring zero-knowledge rollup scaling to Ethereum

November 08, 2021 – ‘…developers can earn the benefits of speedier and cheaper transactions without having to lose the security of the Ethereum ecosystem.’ These developer products reduce the traffic on the central Ethereum blockchain by offloading the hard work of processing transactions to efficient secondary chains that record data of transaction batches to the main Ethereum network.

Read the report here.

November 04 – November 10, 2021 | North iQ Newsletter Bitcoin Tops Record-Breaking $6.4 Billion in Institutional Money Inflows: CoinShares*

November 08, 2021 – Inflows to digital asset platforms hit $8.9B last week. There’s already been more institutional money invested in digital assets in 2021 than in all of 2020, according to a new report from CoinShares*.

Read the report here.

November 04 – November 10, 2021 | North iQ Newsletter Ethereum Name Service’s new Token already has a Fully Diluted Cap of $3.1B

November 09, 2021 – The Ethereum Name Service (ENS) launched its governance token, ENS, on Monday, which will be used to further the decentralization of the popular domain service for Ethereum wallets. The ENS token will be used to vote on a proposed constitution and govern protocol parameters.

Read the report here.

November 04 – November 10, 2021 | North iQ Newsletter Tim Cook says Apple is ‘looking at’ Crypto and that He has Invested in it

November 09, 2021 – “I think it’s reasonable to own it as part of a diversified portfolio,” he said. “I’ve been interested in it for a while.” The company does not have “immediate plans” to enter into the crypto market, but has been exploring its options, the chief executive said during a New York Times conference.

Read the report here.

November 04 – November 10, 2021 | North iQ Newsletter Crypto Market Cap Tops $3 Trillion as Bitcoin and Ether reach Record Highs

November 09, 2021 – The global crypto market cap has grown dramatically over the last year. In November 2020, the market cap was around $500 billion. As crypto continues to gain mainstream attention, its market cap has topped from $1 trillion in January 2021 to over $2 trillion in May 2021 to over $3 trillion currently.

Read the report here.

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This Weekly Cryptoasset Newsletter is for informational purposes only and does not constitute, either explicitly or implicitly, any provision of services or products by 3iQ Corp (“3iQ”). Investors should determine for themselves whether a particular service or product is suitable for their investment needs or should seek such professional advice for their particular situation.3iQ Corp. makes no representation or warranty to any investor regarding the legality of any investment, the income or tax consequences, or the suitability of an investment for such investor. All content is original and has been researched and produced by 3iQ unless otherwise stated therein. No part of the content may be reproduced in any form, or referred to in any other publication, without the express written permission of 3iQ. All statements made regarding companies, securities or other financial information contained in the content or articles relating to 3iQ are strictly beliefs and points of view held by 3iQ and are not endorsements of any company or security or recommendations to buy or sell any security. No securities regulatory authority has expressed an opinion about these securities and it is an offence to claim otherwise. By visiting and/or otherwise using the 3iQ website in any way, you indicate that you understand and accept the terms of use as set forth on the website and agree to be bound by them. If you do not agree to the terms of use of the website, please do no access the website or any pages thereof. Any descriptions of, references to, or links to other products, publications or services does not constitute an endorsement, authorization, sponsorship by or affiliation with 3iQ with respect to any linked site or its sponsor, unless expressly stated by 3iQ. Any such information, products or sites have not necessarily been reviewed by 3iQ and are provided or maintained by third parties over whom 3iQ exercises no control. 3iQ expressly disclaims any responsibility for the content, the accuracy of the information, and/or quality of products or services provided by or advertised on these third-party sites. The information contained herein, while obtained from sources believed to be reliable, is not guaranteed as to its accuracy or completeness and confers no right on purchasers. Past performance of cryptoassets is not indicative of future performance and should not be used to forecast any return that an investor may realize.

Fred Pye

Frederick T. Pye


Frederick T. Pye is the Chairman, Chief Executive Officer and Director of 3iQ Corp. He is also the Chairman and Director of 3iQ Digital Holdings Inc. Mr. Pye is recognized for creating and promoting creative and unique investment products for the investment industry.

Mr. Pye has managed private client portfolios with Landry Investment Management and various other investment dealers. Prior to this Mr. Pye was Founder, President & Chief Executive Officer of Argentum Management and Research Corporation, a company dedicated to managing and distributing quantitative investment portfolios including the first long-short mutual fund in Canada.

He was also Senior Vice-President and National Sales Manager of Fidelity Investments Canada and an integral part of the team that saw assets rise from $80 million to over $7.5 billion in assets under management during his tenure. He also held various positions with Guardian Trust Company, which listed the first Gold, Silver and Platinum Certificates on the Montreal Exchange.

Mr. Pye obtained a Masters in Business Administration from Concordia University.