Going Alt the Way

They promised a splash and they delivered. The partnership between IBM and Stellar has taken their first step into the world of international bank settlements by onboarding six international banks as their first clients.  These banks will now have instant access to send payments across the stellar blockchain, either by using a stable coin or…

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From Alt Sides

One of the main advantages of working in a global company is that we get to see the news from different perspectives.  For example, take the ongoing legal battle between Apple and Qualcomm. Yesterday, a San Diego court awarded the mobile chipmaker a judgment of $31 million, saying that $AAPL did indeed infringe on several of…

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Altcoins Are Trending

As we’ve been discussing these last few weeks, the current conditions in the crypto market can be described in a single word: Altseason.  The latest confirmation of this comes from data collected by Google, which shows that the topic ‘altcoins’ is now trending. Altcoins are defined as any cryptoasset that is not bitcoin, so google’s…

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Crypto Mass Adoption Around the Corner?

As of April 3rd, the US’s largest supermarket chain will stop accepting payments by Visa at 142 stores and 108 gas stations across seven states.  With 2,800 locations across the States, Kroger has long been at odds with Visa and due to rising transaction costs, last July they shut the option at 21 locations in California. This…

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Who is Everyone?

You know, I write that every day yet I still don’t really know much about who my readers are. This is one of the reasons, I’m so happy when you guys send me responses all the time. It gives me a chance to get to know you better, which in turn helps me write better…

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Deal or no Deal

Just as we’re seeing a sudden increase in interest from the financial sector who are looking to integrate cryptoassets into their ecosystem, it seems that some countries are now seeing the urgency as well.  Yesterday, the Kremlin put out a statement from President Putin who has issued a hard deadline of July 1st, just five months from…

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Bullish on Crypto

In the olden days, when you bought a stock you would take possession of a physical certificate that verified your ownership. Thanks to online trading this is no longer necessary but many of these certificates do still exist.  Central Securities Depositories (CSDs) are tasked with the responsibility of safeguarding the ownership of stock certificates, physical or…

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Is This a New Cycle?

With bated breath, each year investors from around the world await the annual letter from the Oracle of Omaha, Warren Buffett.  In my humble opinion, this year we received more insight into the current market conditions than any before. It seems that Buffett’s company Berkshire Hathaway has joined in the global trend of buying back their own shares in 2018. Warren…

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Pieces of April

An 86-year-old lady returns to work today after fracturing three ribs and removing several cancerous nodules from her left lung.  She isn’t a victim of social or economic injustice though. Ruth Ginsburg is a Justice on the United States Supreme Court and she is arguably holding the balance in a fragile legal system. So there’s a…

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Bottom Feeders' Time to Shine

Big news this morning that everyone’s talking about… The article on cheddar seems to be the source of this news as little has been confirmed by Facebook themselves save for the fact that they’ve hired a few members from Chainspace team. All we know at this point, Facebook has roughly 40 employees led by top FB exec David…

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Really Really Busy Week Ahead

The United States government is officially re-open for business.  In an astonishing turn of events on Friday, 35 days into the shutdown, President Trump announced his decision to open the government for three weeks. Most surprisingly was that the plan did not include any arrangements for a southern border wall. The air in the markets is…

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Rapid Growth

Yet another tool for analyzing the crypto markets has been born. With special thanks to the team at LedgerX, the US regulated Bitcoin spot option platform, we can see the first major bitcoin volatility index (ticker: LXVX).  Here we can see bitcoin’s volatility slipping over the last month. As the market grows, we’re seeing more mechanisms…

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Bitcoin in Backwardation (This is Fine)

One of the joys of having a futures market is the ability to understand what investors are thinking about the future of the price. For bitcoin, it doesn’t seem so great at the moment.  As we can see, the contracts for the bitcoin futures on the CBOE are currently in backwardation, meaning that contracts with a later…

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Run Bank Run

As we know, a number of French cities have been the scene of protest recently. The protesters, distinguished by their yellow vests, have been increasingly creative in their tactics and now seem to have a new plan.  The idea is that if enough people withdraw all their money from the bank at the same time they…

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Digital Reserves

Last night we saw a potentially groundbreaking headline… Unfortunately, this is not an official statement from the Russian Federation itself but from an economist named Vladislav Ginko, who is part of a state-run think tank. Still, the idea seems tantalizing. Following my recent discussions with Professor Ginko and other Russian Government insiders, it appears there are several…

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Crisis Breeds Opportunity

It’s been a heckuva year for the markets in 2018. A year of uncertainty. A year of volatility. From cryptocurrencies to precious metals and crude oil, and at the very end of the year even stocks, it was a year of massive declines. A year of anti-globalization. A year of monetary tightening. 2018 saw massive…

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Has Crypto Grown in 2018?

So it seems, the two worlds of crypto and global politics have finally collided. Over the last 24 hours, I have seen several crypto analysts trying to blame bitcoin’s fall below $3,680 last night on the US Government Shutdown.  Their logic is that due to the shutdown, we may see a delay in the launch…

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The Ghost of Crypto Anarchy

Today we bid farewell to the Godfather of the Cypherpunk movement, which gave birth to bitcoin.  If you’ve never heard of Tim May (may he rest in peace), I refer you to his words of 1992. This short passage was so ahead of its time that it may as well have been written last Tuesday….

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Bitcoin Price Refusing to Stay Under $8K a ‘Sign of Positive Change’

BTC price has once quickly recovered above $8,000, which Fundstraat Chief Analyst, Tom Lee, believes is a sign of “positive change” in the crypto market. Bitcoin Knocked Down, But It Gets Up Again Just like that Chumbawumba song from the late 90’s — Bitcoin price keeps getting knocked down, but it gets up again. Yesterday,…

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