Tag: Markets

Zilliqa Partners With Gravity Team to Boost Liquidity in Emerging Markets

PRESS RELEASE. Zilliqa, the high-throughput, low-fee layer 1 blockchain platform, is thrilled to announce its strategic partnership with Gravity Team, a leading algorithmic market maker and liquidity provider in the cryptocurrency space. This collaboration is poised to significantly enhance liquidity within the Zilliqa ecosystem, particularly in global and emerging markets, providing investors with increased access […] Source CryptoX Portal

Coinmetrics Report Explores the Risks of High FDVs in Crypto Markets

A new report by Coinmetrics, along with researchers Victor Ramirez, Matías Andrade, and Tanay Ved, delves into the complexities of crypto tokenomics. The report explores the intricate balance of token distribution, valuation, and market impact. Understanding FDV and Token Float: Key Insights From Coinmetrics In recent years, the launch Fully Diluted Valuations (FDVs) of crypto […] Source CryptoX Portal

MicroStrategy (MSTR) Is Pioneering Bitcoin (BTC) Capital Markets, Bernstein Says

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Trump Conviction Barely Dents His Odds of Winning Election: Prediction Markets

On PredictIt, a more mainstream betting site where trades are placed in dollars rather than stablecoins, the Trump contract actually gained 1 cent following the guilty verdict, although at 51-48 his lead over Biden is narrower and closer to the polls than on Polymarket. Unlike Polymarket, which blocks U.S. users under a regulatory settlement but has traders around the world, PredictIt is open only to Americans. Source

Companies in Two Capital Markets Reportedly in Negotiations to Implement Microstrategy’s Bitcoin Business Model

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Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered in the U.S. According to David Bailey, CEO of Bitcoin Magazine, who denied one of these markets to be Korea, these operations are currently in the negotiation stage. More Companies Looking to Adopt Microstrategy’s Bitcoin […] Original

Xapo CEO Seamus Rocca Describes Xapos’ Proposition, Talks US Regulation, Emerging Markets, and Stablecoins

Seamus Rocca, CEO of Xapo, had a candid conversation with Cryptox.trade’s COO Jason Sheman, where he shared his accumulated experience and knowledge describing what makes Xapo different from a traditional neobank, talked about U.S. markets and regulations, how emerging markets see crypto, and the necessity of implementing stablecoins in Xapo after Silvergate Banks’ downfall. Xapo […] Source CryptoX Portal

Fed inflation doubts leave crypto markets flat

While crypto prices stayed relatively flat after the FOMC minutes, U.S. stocks traded downwards on the slim likelihood of hawkish decisions due to inflation concerns. Despite positive consumer price index (CPI) reports from April, Federal Reserve officials remain skeptical that progress in beating inflation justifies cutting interest rates.  According to the latest Federal Open Market Committee (FOMC) Minutes, price levels have allowed this year’s inflation rates to remain substantially above the Fed’s 2% target.  Although some stakeholders at the policy meeting indicated consideration for rate hikes, officials like Chair Jerome…

SEC’s Gensler Says House Bill Would ‘Undermine’ Regulator’s Crypto, Capital Markets Oversight

According to Gensler, FIT21 ignores long-standing precedent for how investment contracts are regulated, puts the agency into a tough position for certifying self-proclaimed digital commodity issuers, ignores Supreme Court precedent in the Howey Test, removes investor protections and potentially allows investors to take on excessive risk without appropriate disclosures. Source