Game of Alts December 4, 2020 Beacon of Future Hope The focus may be on Bitcoin and its seemingly inevitable run up to $20,000, but Ethereum looks particularly well-positioned for further upside. Fundamentally, the absence of any major network issues following the launch of the 2.0 Beacon chain supports bullish price outlook. Technically, $620 is proving to be the key level [...]
The Future is Decentralized: 5 Reasons Why DeFi’s Cool-down Will Be Short Lived December 3, 2020 DeFi was once the hottest crypto trend of 2020, but the sector’s recent slowdown has some wondering whether the boom times are over. While Bitcoin’s taken the spotlight for now, crypto enthusiasts take heed: it would be unwise to count DeFi out. The decentralized finance (DeFi) sector started out as a relatively niche market before [...]
Choppy waters December 2, 2020 The Race to 20k The price action into the key $20,000 level is getting choppy but it is important to keep abreast of the bigger picture and that is ultimately, the trend higher remains firmly intact. Despite the aforementioned choppy price action, the futures aggregate open interest (OI) edged back towards highs printed last week [...]
Tokenisation of shares in a company; what is it really? December 1, 2020 We hear about tokenisation of shares regularly. But what does it actually mean? To answer the question we must confront the fact that English company law did not anticipate developments in technology. Considering tokenisation in practice requires an analysis of how the characteristics of ‘tokenised’ shares relate to the particular requirements of English company law. [...]
Crypto AM shines its Spotlight on The Universal Protocol Alliance December 1, 2020 Climate change is undoubtedly becoming one of the most dominant issues that we as humans are unanimously facing across the globe (perhaps only second to the pandemic) The world emits about 43 billion tonnes of CO2 a year and pretty much everything we buy as consumers has a carbon footprint. Carbon Credits were introduced in [...]
From Crypto to Tokens. The Great Migration December 1, 2020 My journey to crypto was not direct. I’d spent 20 years working for traditional banking houses, trading foreign exchange for Morgan Stanley, Merrill Lynch and others. The high points in my career came during the most chaotic times, managing trading books through devaluations in Asia, Latin America and Iceland. I spent my first career studying [...]
Booming December 1, 2020 Record Highs Bitcoin maximalists proved the world wrong was the general tone of conversations across social media channels as the bulls were seen parading their price target calls in the wake of Bitcoin finally printing a new record high on Monday. The fact that many financial institutions, investors and economists, have remained sceptical of the [...]
Bitcoin Whale Numbers Hit All-Time high As New BTC ETN Launches November 30, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) moved from around $18,700 after the weekend to a high of $19,200 before enduring a sell-off that saw it move back down to $16,500. Bitcoin’s price recovered and is now back at $18,550. Ether (ETH), the second-largest cryptocurrency by market capitalization, managed to briefly breach [...]
Solving the crypto-fiat conundrum: how banks can offer a premium and trusted crypto-fiat service November 30, 2020 PayPal recently announced that it will enable US users to buy and sell crypto currencies in early 2021. This has immediately fueled the interest of traditional banks in the cryptocurrency market, convincing many that it is simply impossible to ignore the record-high investor interest in digital assets. Financial institutions see the hunger for legal crypto [...]
Big moves November 30, 2020 Institutional Investment Market participants were caught off guard in the wake of the reports that Guggenheim Macro Opps fund has made steps to enter crypto markets. Specifically, Guggenheim Funds Trust filed an amendment with the U.S. Securities and Exchange Commission to allow its $5 billion Macro Opportunities Fund gain exposure to bitcoin by investing up [...]