President Maduro enters the world of cryptocurrencies. Is a currency worth anything if no one wants it? The fact that the answer is an obvious “no” lies at the heart of Venezuela’s problem. Inflation in the Bolivar currency is running at more than 11,000 percent. Lucky Venezuelans are hungry; many others are actually starving. Medicine […]
Summary The recent release by the Swiss financial markets regulator, FINMA, of guidance regarding its approach to the regulatory framework for Initial Coin Offerings (ICOs) is a welcome attempt to provide a more granular analysis of the ICO market and the likely applicability of securities regulation to this market. The guidance represents the first attempt […]
As cryptocurrencies draw more attention from global regulators, BitcoinBro’s CEO Oliver von Landsberg Sadie talks with Nejra Cehic on Bloomberg Market TV’s ‘Rules and Returns’. In the UK there is a huge opportunity, right now, for banks and the FCA to embrace innovation in this space.
Satoshi Nakamoto, the unidentified author of the Bitcoin white paper, described the cryptocurrency as a, “peer-to-peer version of electronic cash [that] would allow online payments to be sent directly from one party to another without going through a financial institution.” Those “financial institutions” that Nakamoto wished to bypass when conducting online commerce referred not only […]
.The founders of the MyEtherWallet.com, which is a popular and free client-side interface that allows users to interact with the blockchain, have split up. In a lengthy blog post Taylor Monahan, who founded the company in 2015 with Kosala Hemachandra, announced that she has started a new rival company called MyCrypto which intends to offer […]
As usual, the roller coaster ride of Bitcoin (BTC) continues. Unlike a roller coaster the big dips aren’t nearly as exciting for those who own some bitcoin, especially if you’ve chosen to buy in the last few weeks. Let’s take a look at some of the causes of Bitcoin’s rise and fall in value over […]
Just why do parabolic moves often reverse so spectacularly? Parabolic market moves are those which reflect exponential increases in a price. They are obvious on a chart because, rather than being a straight line, they curve upwards with the angle of ascent increasing as more time passes. BTC has been in a parabolic move for […]