There is a common motif within the crypto markets that the advent of “do-no-harm” regulation would allow for an influx of institutional, corporate, and public funds that will help propel Bitcoin and other cryptocurrencies higher. Despite this, a recent report conducted by Bitwise Asset Management explains that the nascent markets are actually significantly more regulated…
The manager of the Bank of International Settlements (BIS) has voiced opposition to the initiatives proposed by JP Morgan and other banks to issue their own digital currencies, which borrow from the design of crypto, whilst omitting its truly liberating features. Augustin Carstens made his comments during a speech at the Central Bank of Ireland…
A report by the Blockchain Transparency Institute (BTI) claims that many exchanges are using bots to fake trading volume. Their research shows that wash trading affects over 80% of the top 25 bitcoin pairings. Furthermore, allegations of this being a deliberate business practice present significant concerns for the industry. Which is already struggling to gain…
Over recent weeks, the industry news cycle has seemingly ticked positive, stakeholder sentiment is more cheery than sardonic, and the value of Bitcoin (BTC) has begun a foray to the upside. All this, coupled with the fact that trading activity has purportedly skyrocketed, has left a multitude of commentators on their toes as they eagerly…
Crypto markets correcting again; IOTA, Ethereum Classic and Tezos moving, Ontology dumping. There has been some movement in crypto markets over the past 24 hours but unfortunately it has been in the downward direction. Red dominates the charts at the moment and total market capitalization has fallen back below $140 billion after reaching a monthly…
Bitcoin’s price action over the past year and a half has been quite the rollercoaster, with many investors incurring nearly instant wealth in late-2017, followed by tremendous losses for those who continued to hold their Bitcoin or other crypto investments. Despite this, those who held and are still holding are doing so either because of…
John McAfee will apparently no longer be working with crypto project SkyCoin in an advisory capacity. Although McAfee has not publicly stated the reasoning behind the dismissal, the lead developer of the SkyCoin project and a blog associated with the SkyCoin community allege that the the termination was brought about by the software developer’s recent…
Facebook could be on the path to replace the US Dollar with its own crypto asset as a global currency, claims Ted Livingston. The founder and chief executive of the Kik messaging app projected the upcoming stablecoin project as a WeChat aspirant. The 32 years old Canadian entrepreneur wrote that, like the Chinese messenger app, Facebook was…
Many had predicted that 2019 would be the year that institutional investment floods into crypto. The timing could not be better as markets are still over 80% down from their all-time highs. Multi-billion dollar global asset manager Morgan Creek Digital (MCD) has acknowledged this with its latest investment. Venture Stage Crypto Asset Investment According to…
Crypto markets have crept back to monthly high; majors flat but Ontology, Tezos and Ravencoin ripping. Crypto markets have been slowly gathering momentum with some larger gains for some of the altcoins. The steady progress has pushed total market capitalization back over $140 billion again as a big move appears to be looming. Bitcoin remains…