LBX Weekly Market Overview 28th August: A ride on the crypto carousel with LBX, The London Block Exchange The markets have been taking us on a rollercoaster. We witnessed a market cap of over £650BN in January 2018, but since reaching that peak it has dropped over 75%. Today, the space is valued at £156BN – a cap reminiscent of last November. Despite the widespread price drops of cryptoassets, however, crypto-based businesses have [...]
LBX Weekly Market Overview 21st August: A ride on the crypto carousel with LBX, The London Block Exchange Last week, the total crypto market cap dropped below £160 ($200) billion for the first time this year, as alternative cryptoassets continued their capitulative process. What happened? By the end of July, altcoins' performance decoupled from bitcoin’s as the original cryptoasset remained stable and its competitors started falling. Then, last Monday, ether – the token [...]
LBX Weekly Market Overview 14th August: A ride on the crypto carousel with LBX, The London Block Exchange Crypto investors always question token prices, with Bitcoin’s price attracting the most attention as it commands the longest history. The news that ICE (NYSE) is creating Bakkt – a new exchange that will open the gates for institutional investors to buy bitcoin – along with the multiple filings for Bitcoin ETFs, are both strong positive [...]
LBX Special Announcement 7th August: Nano hits the UK Market August 7, 2018 A relatively new cryptocurrency is about to become available to trade in British Pounds for the first time. Nano, which will be listed on London Block Exchange (LBX) in August, is an interesting coin, solving two major issues associated with traditional cryptocurrency – lengthy transaction times and associated transfer fees. In a nutshell, Nano uses [...]
