Ripple Feeling Pressure? Brad Garlinghouse Speaks Out About JPM Coin

Ripple’s CEO, Brad Garlinghouse, has finally responded to JPMorgan’s recent announcement of its new JPM Coin. Is Ripple feeling the pressure or just annoyed with a bank adopting a similar system? Let’s find out. As predicted, banks are changing their tune on crypto. But this JPM project misses the point – introducing a closed network … Continue reading Ripple Feeling Pressure? Brad Garlinghouse Speaks Out About JPM Coin

Anchor: A New Financial Standard and Monetary System

Anchor, a New Financial Standard and Monetary System for Preserving and Enhancing the Value of Investor Holdings Anchor is a two-token stable currency system pegged to a financial index that safeguards investments against economic volatility, inflation and market speculation. Anchor AG, a financial services holding company, introduces Anchor, a dual-token stable currency that is pegged … Continue reading Anchor: A New Financial Standard and Monetary System

Santander Bank Enters $700 Million Deal to Use IBM Blockchain

According to Cointelegraph, Europe’s Banco Santander and tech behemoth IBM have announced an accord involving the IBM blockchain. The pair signed a $700 million USD deal aiming to increase Santander’s technological developments. The news was released yesterday via a press release. IBM Blockchain The deal is a five-year “global technology agreement” that will improve the bank’s services … Continue reading Santander Bank Enters $700 Million Deal to Use IBM Blockchain

Litecoin (LTC) Price Analysis: Healthy Pullback Could Lead to More Upside

The price of Litecoin (LTC) is currently consolidating after a small pullback from the well-overbought levels seen late last week. Is there more upside for the altcoin in the immediate future?  After leading the marketwide charge late last week, the price of Litecoin (LTC) has cooled off and is looking set for another move. Odds … Continue reading Litecoin (LTC) Price Analysis: Healthy Pullback Could Lead to More Upside

Iran’s ‘Cryptocurrency’ Has All the Traits of a Classic Sh*tcoin

Last month, Iran lifted its ban on Bitcoin to make way for its ‘crypto rial’. Now Iranian authorities have launched PayMon cryptocurrency supposedly backed by national gold reserves. Except, it’s not really cryptocurrency after all since there’s nothing peer-to-peer about it and you still need to trust an intermediary (i.e. the Iranian government). PayMon Has … Continue reading Iran’s ‘Cryptocurrency’ Has All the Traits of a Classic Sh*tcoin

Bitcoin Price ‘Hit Equilibrium,’ Says Mike Novogratz

The Bitcoin price is “grinding along” at the bottom of its range but could easily hit $8000 by the end of the year, Galaxy Digital CEO Mike Novogratz said as sentiment picks up. Novogratz: $3400 – $3600 Is ‘Equilibrium’ Speaking to Bloomberg at a conference in Abu Dhabi February 13, Novogratz reiterated his continued faith … Continue reading Bitcoin Price ‘Hit Equilibrium,’ Says Mike Novogratz

Indonesian Bitcoin Traders Protest BTC Futures Capital Requirements

Bitcoin traders in Indonesia are protesting what they call excessive capital requirements imposed by the government on cryptocurrency futures trading. The aggrieved brokers say the restrictive law is preventing anyone from participating in the market. Stifling the Bitcoin Futures Trading Arena According to The Jakarta Post, the Futures Exchange Supervisory Board (Bappebti) of the Indonesian … Continue reading Indonesian Bitcoin Traders Protest BTC Futures Capital Requirements

Bitcoin Cash Spoils XBT Provider AB’s Plans for a Crypto ETP

XBT Provider AB planned on launching an exchange-traded product (ETP) in the form of a cryptocurrency basket last year but backed out because one of those cryptocurrencies spoiled the party. Can you guess which one?  As suggested by a report from Bloomberg, XBT CEO Laurent Kssis “didn’t have a clue” about the potential for a … Continue reading Bitcoin Cash Spoils XBT Provider AB’s Plans for a Crypto ETP

Asymmetric Risk

History has been made today as the US National Debt has crossed the landmark level of $22 trillion. That looks like this: $22,000,000,000,000. This may seem like a distant number and it’s certainly easy for us to get detached but let me remind you that just about every pension and investment fund in the world … Continue reading Asymmetric Risk