State of the market: Mining October 1, 2020 It was the year that Bitcoin maximalists have been looking forward to for some time, all in hope that the infamous block reward halving will result in an aggressive price squeeze, causing Bitcoin to finally break out of years of doldrum price action. However, consensus market expectations do not always materialise, be that due to [...]
Industry 4.0 meets DeFi September 30, 2020 The Historical Roots Over two centuries ago we learned that there is a more efficient way of manufacturing and we shifted from hand production to machines through the use of steam power and water power. That era was marked as the First Industrial Revolution in our history books. Followed by adoption of electricity, installations of [...]
CryptoAM.io goes DeDays and together create “The Mallorca Roundtable” September 29, 2020 Over the course of the past nine months, we have seen many things grow: fear, uncertainty, doubt and the number of bankruptcies, especially in hospitality. I myself was impacted by this loss in business and am still working on saving the remains of a great idea that was the Craft Coin Company which still holds [...]
Crypto ETP volumes plunge while demand for stablecoins keeps growing September 29, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) moved from around $10,700 to a $10,250 low before moving sharply up to test the $11,000 mark. A breakout above $11,000 failed and BTC is currently trading around $10,850. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week around $360 and just like [...]
Crypto will never hit critical mass until cybersecurity improves September 29, 2020 Another week, another hack, another exchange, another theft. Welcome to the recurring world of crypto attacks and the reason why appalling cryptocurrency security is holding back the industry from entering the mainstream. This time it was Singapore-based digital exchange KuCoin and its customers that were taken for $150 million after the exchange noticed large withdrawals [...]
Crypto AM shines its Spotlight on AuBit — network-enhanced finance for everyone September 29, 2020 AuBit is in the final days of a $2.75m private token pre-sale which is expected to close out oversubscribed. Alongside the private token sale, AuBit has also raised more than $1m in private funding of AuBit One digital equity. Today’s spotlight takes a look at what AuBit is, who’s behind it, and how it plans [...]
Retail trading – don’t become a one-trick pony September 28, 2020 The markets around the world have recently been a hive of activity and volatility. When this occurs, it presents a multitude of potential trading opportunities. This has given birth to a new breed of traders accessing their platforms. The average trader nowadays does not want to be confined to a single asset class or product; [...]