JPMorgan: Bitcoin’s Market Structure More Resilient Than Currencies, Equities, Treasuries and Gold

JPMorgan: Bitcoin's Market Structure More Resilient Than Currencies, Equities, Treasuries and GoldJPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.” In a new report entitled “Cryptocurrency takes its first stress test: Digital gold, pyrite, or something in […]

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China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls

China's Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital ControlsA recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out of control by using these dollar-pegged blockchain tokens. Last week on June 9, […]

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Japanese Court Upheld Former Mt Gox CEO’s Conviction for Manipulating Data

Japanese Court Upheld Former Mt Gox CEO's Conviction for Manipulating DataA Japanese high court upheld the Tokyo-based lower court’s decision to reject the former Mt Gox CEO’s appeal. Mark Karpeles was arrested in 2015 and accused of “manipulating electronic data” and managed to duck embezzlement charges. The former boss of Mt Gox, Mark Karpeles, now has to face the music for his prior “manipulating electronic […]

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Canadian Regulator Unveils the Truth Behind Collapsed Crypto Exchange Quadrigacx

Canadian Regulator Unveils the Truth Behind Collapsed Crypto Exchange QuadrigacxThe Ontario Securities Commission (OSC) has completed its investigation of what happened to the defunct cryptocurrency exchange Quadrigacx which owes over 76,000 clients a combined $215 million in assets. Supposedly deceased, its founder Gerald Cotten was found to have committed a series of fraud, the regulator details. Quadrigacx Fraud: Exchange Owes 76,000+ Clients $215 Million […]

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Singapore’s Three Arrows Capital Buys 6% of Grayscale’s $3.5 Billion Bitcoin Fund

Singapore's Three Arrows Capital Buys 6% of Grayscale's $3.5 Billion Bitcoin FundThree Arrows Capital Ltd has bought a 6.26% stake of the $3.5 billion Grayscale Investment’s Bitcoin Trust. According to a filing with the U.S. Securities and Exchange Commission (SEC), the Singapore-based crypto hedge fund snapped up the equivalent of 21 million shares of the Trust’s outstanding issued capital. The shares are valued at a total […]

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Bitpay Reveals Crypto-to-Fiat Prepaid Mastercard, Firm’s Flagship Visa Card Ends in December

Bitpay Reveals Crypto-to-Fiat Prepaid Mastercard, Firm's Flagship Visa Card Ends in DecemberOn June 11, 2020, the cryptocurrency payment services provider, Bitpay announced the firm is launching a prepaid Mastercard that can be loaded with a variety of digital assets. The Atlanta-based company says the card can be spent anywhere Mastercard is accepted and users can “instantly convert cryptocurrency into fiat currency.” For quite some time now, […]

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Bolstering Privacy: Human Rights Foundation Donates $50K Toward Bitcoin Mixing Development

Bolstering Privacy: Human Rights Foundation Donates $50K Toward Bitcoin Mixing DevelopmentOn June 10, 2020, the Human Rights Foundation (HRF) launched a fund that is dedicated to the development of tools that make the Bitcoin network “more private, decentralized, and resilient.” HRF’s initial gift of $50,000 will be given to the UK-based developer, Chris Belcher, who has been working on a project called Coinswap. This week […]

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Overview of Fight to Fame

The combat sports industry has gained considerable momentum in the last decade. And with the advancement of technology, Blockchain-based company Fight To Fame has now entered this circuit and has been organizing Mixed Martial Arts events across the world.  This company has been combining the interesting combination of Blockchain, Movies, and Sports. Candidates with good combat fighting skills, irrespective of their nationality, financial status, or religion can take part in this competition. They will have to qualify and meet certain standards in the game to get an entry to this entertainment platform.  The game format is that of a reality

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80% of US and European Institutional Investors Find Cryptocurrency Appealing: Survey

Survey: 80% of US and European Institutional Investors Find Cryptocurrency AppealingA new survey of about 800 institutional investors in the U.S. and Europe shows strong cryptocurrency adoption, particularly bitcoin. About 80% of institutions said they find cryptocurrency appealing, and 60% believe cryptocurrencies have a place in their portfolios. Crypto Appeals to 80% of Institutions Surveyed Fidelity Digital Assets, the cryptocurrency arm of Fidelity Investments, announced […]

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Data Shows Bitcoin Options Markets Are Maturing Much Faster Than Futures

Data Shows Bitcoin Options Markets Are Maturing Much Faster Than FuturesData from the crypto analytical firm Skew.com shows that bitcoin options are maturing much faster than the futures markets launched in December 2017. Skew’s data shows that the open interest in bitcoin options has risen significantly in the last few months. Bitcoin options “are starting to play catch up with the more mature futures market,” […]

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