Message in a Block: “NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds 2008 Rescue” May 12, 2020 Price Watch Last week saw Bitcoin (BTC) surge to the US$10,000 mark before crashing 15% stabilising at a similar level to my last edition of City PM’s Crypto Insider and, at the time of writing, was trading up at US$8,907.44 / GB£7,241.09; Ethereum (ETH) is at US$188.68 / GB£153.22; Ripple (XRP) is at US$0.1962 / [...]
Veteran Hackers, Software Engineers and Creatives May 12, 2020 | Sponsored Hartej Sawhney, Co-Founder and CEO at Zokyo discusses Zokyo’s approach to the digital asset ecosystem. Approximately $2.5 million dollars is stolen daily from cryptocurrency exchanges, with most hacks unreported to the public. There has been a shift in the motivation of cybercriminals from hacking traditional finance to digital assets. Binance, one of the world’s most [...]
The Bitcoin halvening is happening but you’ll be missing the bigger picture May 12, 2020 | Sponsored Around the 12th May, Bitcoin will be having its long anticipated third halvening. While the focus has been on the bitcoin network itself and its correspondence to Bitcoin’s status as a digital ‘hard money’, I argue most onlookers will be missing the bigger picture. Bitcoin’s block reward to miners will be cut by 50% at [...]
Top Cryptocurrency exchanges experience historic volume ahead of Bitcoin’s halving May 12, 2020 | Sponsored This week the price of Bitcoin (BTC) began rising from about $8,600 to surpass the $10,000 mark on May 8, before seeing a pullback. Over the weekend, it lost 12% of its value in 15 minutes, dropping from $9,480 to an $8,300 low, but has since recovered to $8,600 at press time. Ether (ETH), the [...]
Digital Rights Blockchain May 12, 2020 There is a clear use case for a globally recognised digital rights blockchain. Content creators and content consumers can see real value. The challenges are aligning the motivations of all those stakeholders in the middle – including the ones who may become redundant. Musicians, scriptwriters, photographers, artists and yes – even journalists – experience a [...]
Crypto AM shines its Spotlight on NAYMS May 12, 2020 | Sponsored NAYMS is building the world’s first insurance market that allows Institutional crypto-holders to underwrite cryptocurrency risk. “In 1686, individuals called ‘names’ came together to cover risk of all varieties by pledging capital in return for a yield. The Lloyds of London marketplace was born. It’s now 2020, and NAYMS is bringing together capital markets and [...]
The Building Blocks Of Recovery May 12, 2020 | Sponsored It would be an understatement to say that the fight against COVID-19 has been a challenging one. This completely unprecedented situation has no easy solutions and people are making decisions that they have never had to make in the past, with very little or no evidence to go on. It is very much unchartered waters, [...]
Bitcoin: Five Factors; One Conclusion, Three Parts May 12, 2020 | Sponsored Bitcoin (BTC) has been labeled as an “uncorrelated asset” since BTC is not directly connected to global GDP, company, revenues, profits (P/E ratios), dividends, and instead, relies on the network effect. For those reasons, the million dollar question is… What are the factors that impact Bitcoin’s price the most and why? The answer to this [...]
Bitcoin value crashes ahead of third halving May 11, 2020 After rallying to over $10,000 in the past few days, Bitcoin lost more than 10 per cent last night. It dropped to lows of $8,100 on Luxembourg-based Bitstamp exchange before settling at $8,600, ahead of its third halving today. The crypto community is readying for the highly-anticipated bitcoin supply squeeze. It will be the third [...]
