Day: March 28, 2019

Bitcoin (BTC) Volumes 6X Those of Ethereum

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Bitcoin price stable below $4,200 Bitcoin market cap share is 52 percent Transaction volumes low but bullish divergence could help lift prices Most crypto exchanges are deliberately inflating volumes according to a follow up analysis by Open Market Cap (OMC). After making their findings public, OMC concludes that Bitcoin trade volumes are up-to 6X those of Ethereum. We expect Bitcoin (BTC) trade volumes to spike once bulls breach $4,500. Bitcoin Price Analysis Fundamentals After Bitwise revelations, Open Market Cap took it upon themselves to re-affirm just “how cryptocurrency volumes are…

Digital Asset Trader AlphaPoint Upgrades Security Token Services for Institutions

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Digital asset exchange AlphaPoint has upgraded its security token service designed for institutional clients, according to a press release obtained by Cointelegraph Thursday, March 28. The company that provides services to private equity, real estate, funds, and other institutional investors is now offering to issue asset-backed security tokens for its clients. AlphaPoint believes that tokenization will increase liquidity for high value asset classes. As per the announcement, the updated service will allow institutions to create and trade tokens securely and privately. AlphaPoint said that its new security token service is…

Bitcoin Adoption Crippled by Public’s ‘Serious Mental Barrier’

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Bitcoin won’t go mainstream anytime soon because there’s a societal mental block that’s hindering mass adoption. That’s the opinion of Jack Mallers, creator of the Zap Lightning Network wallet. Mallers made the remarks at a recent forum hosted by the MIT Bitcoin Club (video below). Mallers: Bitcoin Skeptics Think It’s Too Risky Mallers believes the reluctance to embrace bitcoin is tied to the negative public perception of crypto more so than technical obstacles. “There’s a serious mental barrier that needs to be broken down as far as people’s relationship with…

Bitcoin Adoption Crippled by Public’s ‘Serious Mental Barrier’

boss

Bitcoin won’t go mainstream anytime soon because there’s a societal mental block that’s hindering mass adoption. That’s the opinion of Jack Mallers, creator of the Zap Lightning Network wallet. Mallers made the remarks at a recent forum hosted by the MIT Bitcoin Club (video below). Mallers: Bitcoin Skeptics Think It’s Too Risky Mallers believes the reluctance to embrace bitcoin is tied to the negative public perception of crypto more so than technical obstacles. “There’s a serious mental barrier that needs to be broken down as far as people’s relationship with…

Emurgo-Ledger Partnership Fuels Cardano (ADA) Demand, up 23 Percent

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Cardano price up 21.9 percent from last week’s close Ledger Nano S now supports ADA A breakout above 6 cents at the back of high transaction volumes means bulls are in control Ledger Nano S now supports Cardano (ADA) after Yoroi’s integration with the hardware wallet maker. Because of their superior market share, Ledger’s support is beneficial for ADA since more users would be willing to invest and securely hold their assets. Meanwhile, increasing demand could further drive Cardano (ADA) prices above 9.5 cents towards 20 cents. Cardano Price Analysis…

Fake Volume on Crypto Exchanges Isn’t the Half of It

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Daniel Cawrey is CEO of Pactum Capital, a cryptocurrency investment firm focused on market making and liquidity. Formerly a CoinDesk Contributing Editor, he is author of the upcoming “Mastering Blockchain” book to be published by O’Reilly Media. Recently, a report was produced by Bitwise Asset Management showing the existence of faked volumes in the bitcoin market – 95% of total volume according to its research. It’s hard to disagree with many of the facts in the report. Yet there are some items left out in this presentation to the SEC.…

Fake Volume on Crypto Exchanges Isn’t the Half of It

boss

Daniel Cawrey is CEO of Pactum Capital, a cryptocurrency investment firm focused on market making and liquidity. Formerly a CoinDesk Contributing Editor, he is author of the upcoming “Mastering Blockchain” book to be published by O’Reilly Media. Recently, a report was produced by Bitwise Asset Management showing the existence of faked volumes in the bitcoin market – 95% of total volume according to its research. It’s hard to disagree with many of the facts in the report. Yet there are some items left out in this presentation to the SEC.…

Crypto’s Merger Problem and What Can Be Done When M&As Go Wrong

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Mergers. They’re a tricky business at the best of times, but when conducted in a nascent industry in which regulations, guidelines and best practice haven’t been firmly established, they can be absolutely perilous. Just ask Coinbase, which acquired blockchain analytics startup Neutrino in February for what turned out to be a fee of $13.5 million. This seemed all fine and dandy at the time, but it soon emerged that founding members of Neutrino’s staff had links to Hacking Team, an Italian software firm that had controversially sold surveillance tools to…

Temporary Sell-off at $62, Will Litecoin (LTC) Bulls Prevail?

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Litecoin prices bullish with resistance at $62 Banks could be toying with negative interest rates Volumes driving prices above minor resistance must exceed 254k of Mar 16 The idea of a duo currency economy with negative interest rates is feasible says the IMF report, and that is massive for cryptocurrencies. Adoption could see a migration to inflation proof and global coins as Litecoin (LTC) and Bitcoin. Litecoin Price Analysis Fundamentals Crypto is a rebel coin, an alternative currency borne out of financial desperation. At the height of the great financial…

Bitcoin Pushes $4,100 as Oil Futures See Losses

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Thursday, March 28 — most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day by press time, as Bitcoin (BTC) stays over $4,000. Market Visualization Courtesy of Coin360 Bitcoin is up nearly half a percent on the day, trading at around $4,087, according to CoinMarketCap. Looking at its weekly chart, the current price is over 1 percent higher than $4,060, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Ethereum (ETH) is holding onto its position as the largest altcoin…