Where Next for Stablecoins? June 9, 2020 Tether, Paxos, Dai: welcome to the world of stablecoins, instruments that are designed to follow closely the price of the assets or currencies which they are pegged to. They are on the opposite end of the volatility spectrum, compared to Bitcoin or Ether, as they play a different role: they allow investors to move dollars [...]
Crypto M&A in full bloom June 9, 2020 Who would have thought M&A would ever come to the world of crypto? One or two years ago, the mentioning of M&A at any public blockchain event would have caused some confusion: “did he actually mean S&M? What does M&A mean?”. Oh how the space has matured, and rapidly. Indeed, 2020 appears to be the [...]
Bitcoin Retests $10,000 Mark as Trading Volumes Keep Rising June 9, 2020 This week the price of Bitcoin (BTC) once again moved up to test a rally above the $10,000 mark, hitting a high close to $10,200 before dropping back to $9,500. The cryptocurrency has since been trading within this range, as trading volumes keep growing. Ether (ETH), the second-largest cryptocurrency by market capitalization, saw a similar [...]
CoinCorner launches UK ‘Bitcoin cashback’ initiative June 8, 2020 One of the UK’s leading Bitcoin exchanges, CoinCorner, has launched a new ‘Bitcoin cashback’ service to reward customers when they shop online. CoinCorner has partnered with more than 400 top retailers to launch the first-of-its-kind service in the UK. Some of those who have partnered with the exchange include household names such as Burtn, Twinings, [...]
When Moon? A momentous last week June 2, 2020 When Moon? A phrase often used in the crypto space to describe when a coin price will blast off in value. This week we have seen Bitcoin finally rebreach the US$10,000 and notably my friends at Cardano saw their market cap increase 52% catapulting it back into the top 10 cryptocurrency chart by value for [...]
Crypto markets gearing up for institutional money June 2, 2020 Prime brokers are the key to institutional adoption of cryptocurrencies and digital assets – but are they ready for prime time? Current estimates place the number of crypto hedge funds in the hundreds, and recent research from PwC revealed that assets managed by these funds doubled in the last year alone. With more and more [...]