The Year in Review – The 2020 Crypto OTC Market December 15, 2020 Covid is on the blockchain. No it’s not. That was a crypto and Covid joke in one! A trader I spoke to today said that 2020 has been a great year for our personal accounts and awful for just about everything else. Covid has defined 2020 for so much of the world and in my [...]
Brokers, intermediaries and blockchain December 15, 2020 As a follow-on from my article on the top 7 things that people want to know about blockchain, I came up with another question: Does blockchain create value? Or to put it another way, “How does blockchain create value?” The short answer is: It doesn’t – in and of itself. Blockchain is infrastructure. Blockchain is [...]
Bitcoin Maintains $19,000 Level As Corporate Adoption Keeps Growing December 14, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) moved from about $19,200 at the start of the week to a low slightly above $17,500 before recovering back to $19,100 at press time. The cryptocurrency has maintained this level despite a few pullbacks. Ether (ETH), the second-largest cryptocurrency by market capitalization, has similarly remained [...]
Rebuttal December 14, 2020 XRP receives a spark Bitcoin recovered strongly over the weekend and traded through the $19,000 level, before finding resistance just ahead of the $19,500 level. In part supported by macro narrative and also rotation out of XRP. To that, XRP traded softer over the weekend, largely as expected, as the Flare Network worked out which [...]
Bitcoin Regulation Stalls Rally! Is Now A Good Time To Buy Bitcoin? December 11, 2020 After an incredibly volatile week, Bitcoin heads into the weekend with great uncertainty over the price. There are many bullish events happening in the markets at the moment but one major bearish event is overshadowing them all. New legislation in the USA? As Donald Trump gears up to leave the White House, one of his [...]
Beyond digital gold: unlocking the true value of bitcoin December 11, 2020 Digital gold has gone mainstream. JP Morgan, BlackRock and the biggest names in global finance are now echoing the cypherpunks and suggesting that Bitcoin could replace the yellow metal as a safe haven in investment portfolios. But while Bitcoin does share characteristics with gold, a big reason why the digital gold narrative has found so [...]
Tumbling down December 11, 2020 Softer does it The market continued to trade softer and in early Friday trade, Bitcoin was trading below $18,000 level, while Ethereum fell below $550 level. Looking at the price action over this week and large cap MVIS index is down 7.5%, while the small cap index is down 10.2%. The open interest (OI) across [...]
Green bonds: ESG, sustainable or impact investments? December 11, 2020 | City Talk In this article, we provide an updated estimate for the green bond premium (“greenium”) in the Euro (EUR) market. We validate the common hypothesis that green bonds tend to trade a tighter spread (lower yield) than comparable “brown” bonds, and we offer some conclusions on green bond investors. The first green bond was issued in [...]
Risking it all December 10, 2020 Disproportionate Focus MicroStrategy updated its initial statement and announced that it now anticipates raising $537.2 million in net proceeds from a debt offering to buy even more Bitcoins. This is significantly higher than the original target of $400 million. Furthermore, its unsecured, convertible senior notes will pay out 0.750% in interest annually to qualified institutional [...]
Definitely DeFi December 10, 2020 2020 has been a year of spectacular growth in the decentralised finance (DeFi) arena. From retail crypto enthusiasts diving in head-first, to institutional investors cautiously dipping their toes in – the blockchain-powered space of DeFi is flourishing. Since the start of the year, the amount of money locked in DeFi protocols has skyrocketed by a [...]
