Voting and Blockchain July 14, 2020 In the days of COVID-19, there are new challenges in participating in democracy. There are unique challenges in how people vote. Traditional polling centres must be equipped to support social distancing. In the US, some cities and states are working to consolidate polling locations. And although there are no imminent elections here in the UK, [...]
Expectation drives price. Utility drives value. July 14, 2020 Digital asset prices are driven by two factors; value and expectation of future value. When expectation of value increases at a faster rate than real value, you get a bubble. If real value grows faster than expectations of value, you get an opportunity. Looking back on the 2017 super-cycle it is painstakingly obvious that it [...]
Strong, Mad, Credible. July 14, 2020 I was asked to write an article for City PM’s Crypto A.M. about blockchain, crypto and digital assets. I was honoured, the only people to ask me to write for them were my teachers! I asked how many words, 1000 words I was told. I was unsure if I could write that much about blockchain, [...]
Crypto trading volumes plummeted in June, but Altcoins are moving up July 14, 2020 This week the price of Bitcoin (BTC) started trading around $9,200 and quickly moved up to $9,450. A potential rally was rejected close to $9,500 and BTC’s price then moved back down to $9,150, but it has since recovered back to $9,300. Ether (ETH), the second-largest cryptocurrency by market capitalization, had a similar price performance [...]
Common mistakes founders make – a lawyers’ point of view July 14, 2020 There is a ton of noise on how to succeed in making fail-proof start-ups or nailing the elevator pitch. What doesn’t find much mention is mistakes founders make for lack of a legal budget. As a lawyer I will obviously say that there is just no substitute for proper legal advice, but I also recognise [...]
Are Brokers ready to rule Crypto? July 14, 2020 As the crypto market matures and large cryptocurrency exchanges amass deep liquidity, brokerage firms–prime brokerages included–are ready to enter the market, setting the stage for the next phase of industry growth. When it comes to traditional financial markets, brokerages have long offered essential services to customers. Whether it’s full-service investment brokers providing investment advice and [...]
Token standards and the challenges facing Ethereum. July 14, 2020 There are many token standards floating around in the blockchain universe with the ERC family of tokens the most popular. ERC stands for Ethereum Request for Comment which is how these tokens start their life. Anyone can come up with an idea or a proposal and then it is shared for feedback. If enough people [...]
Crypto AM shines its Spotlight on Tap July 14, 2020 | Sponsored tap, the world’s first truly unified crypto banking app launched to the public on the 24 February 2020 and is the only company regulated in Europe currently operating a prepaid MasterCard. Regulated to trade and store customers’ digital assets by the Gibraltar Financial Services Commission, tap is in essence, bridging the gap between traditional and [...]
Want to be a better investor? Six tips from Howard Marks, CFA July 14, 2020 | City Talk “No amount of sophistication is going to allay the fact that all of your knowledge is about the past and all your decisions are about the future.” — Howard Marks, CFA Oaktree Capital Management co-chairman Howard Marks, CFA, sat down with Bloomberg senior editor John Authers at the 73rd CFA Institute Annual Virtual Conference and offered [...]