Crypto AM shines its Spotlight on The Universal Protocol Alliance December 1, 2020 | Sponsored 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 [...]
Healthcare Passports – Do they need Blockchain? November 30, 2020 From the airline industry to enterprises to friends and family, everyone wants to see things change to where we can spend time with others again.A central aspect is finding a safe and secure way to share your COVID-19 health status – The approach many are discussing is a digital ‘healthcare passport’. A lot of these [...]
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 [...]
Bitcoin parabola signals the starts of a new crypto paradigm November 27, 2020 Bitcoin momentum stalled at around $19,400 as it began to slip into dangerous territory before breaking its parabolic trend that began in the first week of October. However, historical precedent speaks volumes about bitcoin’s mini parabolic run-up, and what’s to come in 2021. While hindsight bias could elaborate on what precipitated the sell off, bitcoin’s technical [...]
Recovery November 27, 2020 Bitcoin is booming Bitcoin staged a healthy pull back in the wake of a dramatic collapse in spot price from the mid-$19,000 all the way into the low $16,000 area. By early Friday, Bitcoin was looking to reclaim the $17,000 level once again and while the aforementioned shake out did raise fears of a more [...]
Down, down, down November 26, 2020 Choppy Times The price action turned choppy in the closing hours of trade on Wednesday, in part due to the upcoming Thanksgiving holiday in the US which will likely dry some of the liquidity from the market, but also due to expiries this coming Friday. Still, the resilience showed up until then has been truly [...]