Institutional

Is Bitcoin Becoming A Safe Haven After All?

Questions are raising, after central banks flood markets with rescue money.Central banks in the US and EU are putting together rescue packages to deal with the corona crisis that is currently infecting stock markets around the world with panic. While the measures largely fizzle out, Bitcoin is recovering without any help at all. Was it too early to write off Bitcoin as a lifeboat?Is the big wave still coming? (Photo by Jeremy Bishop on Unsplash)If you have already dealt with Bitcoin, you certainly know: the maximum number of Bitcoins is

COVID-19 Has Reduced the Risk of a Post-Halving Price Dump

The recent COVID-19 market crash has reduced the risk of a halving price dump and could have set up a Bitcoin bullrun, some cryptocurrency experts believe.Earlier today Chainalysis brought together a group of industry experts for an online panel to discuss the impact of COVID-19 on Bitcoin and what it means for the future.Chris Bendikson, Head of Research at CoinShares, said he believed the recent price crash in March had prepared miners early for the halving, which will reduce the sudden impact it could have had on their profitability. Those

Japan’s Largest Financial Information Vendor Adds NRI/IU’s Crypto-Asset Index

In what could be considered a vital step for Bitcoin and institutional product and business development in Japan, QUICK, arguably the largest financial information vendor in the country, has added a crypto-asset index to its suite of products for Japan’s securities and financial markets. A press release on Wednesday revealed that QUICK is enabling support for the NRI/IU Crypto-Asset Index offered by the intelligence Unit (IU) of Nomura Research Institute, the largest Japanese management consulting and economic research firm. The new integration will allow Nomura Research Institute to offer investment

Introducing the new Blockchain.com monthly newsletter — April Edition: “After the Dust Settles”

The quality of information and data in crypto has improved in recent years, so you may be asking why another monthly newsletter?There are still some big data and analysis gaps in crypto. Crypto markets are nowhere near as widely served with reliable research and data as traditional markets. Indeed, the March 12–13th crypto stress test demonstrated there are also still some very significant issues with the state of crypto exchange infrastructure.What you can expect from our monthly newsletterOur intention with this newsletter is to avoid repeating what you can find

Fund Flows to Crypto Companies Decline In 2019

New funds in crypto companies have declined significantly in recent years, but the impact was much larger in 2019. Last year, crypto companies were busy buying each other but overall funding deals and mergers & acquisitions declined.PwC report reveals trendsAccording to a new report by PwC, the mergers & acquisitions in the sector were dominated by crypto companies themselves. Last year, 56% of the acquirers in the industry were crypto-natives themselves and rest came from outside. In 2018, these crypto natives buying each other constituted for only 42% of the

Both Crypto Derivatives and Spot Markets Post Record Volume in March

CryptoCompare has published its monthly report analyzing the trade activity on crypto exchanges.The record-breaking crash of March 12 and 13 drove new all-time volume highs in both the spot and derivatives markets.March 13 sets record for daily spot tradesThe report states that March 13 produced the single greatest volume in the history of crypto assets — with all exchanges and markets producing $75.9 billion in trade activity over 24 hours.$54.3 billion of 71.5% of trades came from ‘Lower Tier’ exchanges, while ‘Top Tier’ exchanges generated $21.6 billion in volume.Despite Binance

Bitcoin’s Correlations With Global Financial Assets Soar Amid Coronavirus Crisis

Many investors hold Bitcoin (BTC) as a hedge against the global financial system. However, as the numbers show, Bitcoin has not been spared from the recent COVID-19 financial crisis.This article will analyze the movement of global financial markets and its correlation with Bitcoin during the COVID-19 crisis. We’ll consider the following sources as price measures for the following.The recent crash has really challenged Bitcoin’s claim as “digital gold” and puts its assertion as a financial “safe haven” to the test.Related: Is Bitcoin a Store of Value? Experts on BTC as

Africa Using Blockchain to Drive Change, Part Two: Southern Solutions

With pundits like Twitter CEO Jack Dorsey predicting that Africa “will define” the future of Bitcoin (BTC), cryptocurrency and blockchain technology continue to attract interest from both public and private establishments across the continent. Many of these adoption cases have been moving beyond finance, developing solutions targeted at issues like unemployment, identity management, health care and supply chain, among others.Amid the growing enthusiasm for crypto and blockchain technology in Africa, industry stakeholders interviewed by Cointelegraph identify a lack of education as one of the major hurdles standing in the way of more

Investors Intensify Their Complaint Against Stock Traders’ Crypto Ponzi Scheme

Despite the best efforts of many out there, cryptocurrency investment scams still exist and are running rampant in today’s world. It almost seems like you’ve got one popping up every week.An Age-Old Fraud SchemeAccording to a recent filing with a federal court in Florida, Q3 Investment Recovery Vehicle, a company that represents over 100 investors, has sued a third party company for cheating them out of a deal.As the complaint explains, Q3 I LP was a company that sold itself based on the expertise of its founders. These founders include