cryptocurrency

Earlier today, Jenna Wright, Managing Director of LMAX Digital, recently participated in a Fireside Chat with James Harris, Chief Commercial Officer at Zodia Custody. This was at CCData’s annual flagship crypto conference — CCDAS — which is held in London, UK. Wright offered an in-depth look at LMAX Digital’s journey, market trends, regulatory challenges, and […]

In a recent conversation with crypto analyst Scott Melker, Mo Shaikh, the CEO and co-founder of Aptos (APT), outlined three pivotal factors that could usher in a new era of mass adoption for cryptocurrencies. Shaikh believes these elements can potentially attract a billion new users to the digital asset landscape. The first factor Shaikh emphasized […]

On September 29, Kevin O’Leary, Chairman of O’Leary Ventures and ‘Shark Tank’ investor, offers a detailed analysis of the government shutdown, crypto regulation, and the commercial real estate crisis on Fox Business show Varney & Co. (which is hosted by Stuart Varney). Government Shutdown: A Non-Issue for Investors Kevin O’Leary expressed that he is not […]

Introduction In a video released earlier today, crypto market commentary show Altcoin Daily presents a bullish outlook for Bitcoin and Ethereum, emphasizing that Bitcoin has had its strongest September since 2016. The video suggests that a green September historically leads to a green fourth quarter, raising the question of whether October is already “written in […]

Introduction In a video released yesterday, Coin Bureau provides a comprehensive look at Turkey’s crypto landscape, describing it as one of the most active crypto scenes globally. The video covers a wide range of topics, from Turkey’s impressive adoption levels to its key players and even its most notorious scandals. Cultural and Geopolitical Importance of […]

Yesterday, Alex Krüger, a renowned crypto analyst, provided his thoughts on the entity likely to be at the helm of the next cryptocurrency market surge. Krüger states that traditional finance, commonly referred to as ‘Tradfi,’ will play a crucial role in this regard. As the crypto landscape undergoes increased regulation and appears to be settling […]

On September 29, Boutique crypto research firm Reflexivity Research — via a series of posts published on X (the social media platform formerly known as Twitter) — provided an in-depth analysis of the crypto market’s performance over the past month. The thread, powered by VeloData, covers various aspects such as centralized exchange volumes, implied volatility, […]

On 27 September 2023, SEC Chair Gary Gensler appeared before the U.S. House Committee on Financial Services, where he was questioned by U.S. Congressman Patrick McHenry (R-NC-10). The exchange was intense, covering a range of topics from the classification of Bitcoin to the SEC’s compliance with document requests. In his prepared testimony for this hearing, […]

Earlier today, Brian Armstrong, Co-Founder and CEO of Coinbase, appeared on CNBC’s ‘Squawk Box’ to discuss a range of topics, including the regulatory landscape for cryptocurrencies in the United States, the ongoing SEC case against Coinbase, and the company’s global expansion plans. Regulatory Concerns in the U.S. Armstrong expressed concerns about the lack of clear […]

On 27 September 2023, CCData, a renowned FCA-authorized benchmark administrator and global leader in digital asset data, released the September 2023 edition of its highly popular “Digital Asset Management Review” research report. Below are the key highlights from their report. Franklin Templeton Enters Bitcoin ETF Competition Franklin Templeton, a financial behemoth overseeing assets worth 1.42 […]

In his prepared testimony for a U.S. House Committee on Financial Services hearing on 27 September 2023, Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), provided a comprehensive outline of his views on the regulation of cryptocurrencies. Crypto Assets and U.S. Securities Laws Gensler was clear in stating that cryptocurrencies should not […]

Chase UK, a JPMorgan Chase subsidiary, has announced a significant change in its crypto payment policy, effective from 16 October 2023, citing fraud concerns. PMorgan Chase & Co. is a multinational financial services holding company based in New York City. It provides a variety of financial services, such as retail and commercial banking, asset management, […]

In its most recent “Blockchain Letter,” Pantera Capital outlines several major factors that the firm believes could significantly influence the digital asset market in the near future. According to Pantera Capital, although institutional interest in digital assets has diminished over the past year, upcoming events could reignite investor enthusiasm. One of the most noteworthy developments, […]

Coinbase has initiated a comprehensive campaign aimed at mobilizing the 52 million Americans who own cryptocurrency. The campaign, known as the Stand with Crypto Alliance, is set to run for 14 months and is structured around three core elements. Mobilizing Crypto Advocates Through Coinbase: The first aspect of the campaign involves using the Coinbase platform […]

Earlier today, John Reed Stark, a digital regulatory compliance expert with 15 years as an SEC enforcement attorney, shared an exhaustive critique of the NFT market and the broader crypto industry on social media platform X (formerly known as Twitter). Stark likened the NFT market to “Pet Rocks on Steroids” and cautioned that the crypto […]

The U.S. Securities and Exchange Commission (SEC) is sending a clear message to the cryptocurrency industry: increased regulatory scrutiny is coming. According to a recent report by CoinDesk, David Hirsch has indicated that the agency is actively monitoring several businesses in the crypto space. These businesses include both centralized exchanges like Coinbase and Binance, as […]

According to a 2023 research paper (title: “A study on Non-Performing Assets Cases and Cryptocurrency in Japan”) by Burina Fujiwara — who is at the Department of Economics and Finance, College of Business, City University of Hong Kong — Japan has established a robust regulatory framework for cryptocurrencies. Governed by the Payment Services Act (PSA) […]

Meltem Demirors, the Chief Strategy Officer (CSO) at CoinShares, has recently voiced her concerns about the current state of the cryptocurrency markets. In a recent interview with Bloomberg, Demirors highlighted the increasing levels of uncertainty that are causing hesitation among various market players. Demirors described the past summer as a “summer of apathy,” a period […]

Boerse Stuttgart Digital, a fully regulated entity in Germany, is backed by the Boerse Stuttgart Group. The company offers a range of digital services, including brokerage, trading, and custody solutions, and aims to provide easy and reliable access to the crypto and digital asset world for B2B clients across Europe. According to Boerse Stuttgart Digital’s […]

Introduction: Argentina’s Economic Crisis According to an article by Reuters published on 14 September 2023, Argentina is currently grappling with an unprecedented economic crisis. The annual inflation rate reached 124.4% in August 2023, the highest since 1991 (and the fourth-highest inflation rate in the world). This hyperinflation has led to a daily struggle for consumers, […]

Chainalysis, a leading firm in blockchain analytics, unveiled its 2023 Global Crypto Adoption Index on September 12, 2023. This new index is part of the company’s forthcoming “2023 Geography of Cryptocurrency Report,” scheduled for release in October 2023. Based on the blog post Chainalysis published yesterday, the primary aim of the index is to amalgamate […]

Jeremy Allaire, the CEO of Circle, believes that the United States is on the verge of implementing legislation that will regulate stablecoins, providing much-needed clarity for the cryptocurrency industry. During an interview with journalist Laura Shin on episode 543 of the Unchained Podcast, Allaire expressed optimism that the ongoing discussions around stablecoin regulation will ultimately […]

In a recent interview with Talia Kaplan, a reporter for CNBC’s “Crypto World,” David Moore, the Chief Product Officer at blockchain protection firm CoinCover, discussed the findings of their report titled “Securing the Future of Cryptocurrencies,” which was released on September 6, 2023. The report aims to identify the challenges hindering mass adoption of cryptocurrencies […]

Campo Pequeno, a neo-Moorish bullring in Lisbon, has become a symbolic gathering point for Bitcoin maximalists, as MacKenzie Sigalos describes in a report for CNBC published yesterday. These gatherings are organized by the Meetup group “Lisbon Bitcoin Maximalists.” Their next event is being held on 23 September 2023: Lorenzo Primiterra, an Italian software engineer, regularly […]

Ethan Nguonly, a 22-year-old software engineer, reportedly began his investment journey at a young age with parental guidance. He has built a substantial financial portfolio, which includes nearly $135,000 in retirement and brokerage accounts, as well as two houses. However, Nguonly disclosed a significant financial mistake that led to an $80,000 loss in cryptocurrencies between […]

Nicholas Merten, the host of the popular YouTube channel DataDash, recently cautioned his audience of over half a million subscribers that both cryptocurrencies and leading technology stocks might experience subpar returns in the coming years. Merten expressed concern not just for Bitcoin but also for a wide range of alternative cryptocurrencies and the FAANG stocks—Facebook, […]

FactSet, is a global financial digital platform and enterprise solutions provider listed on both the NYSE and NASDAQ. CCData is an FCA-authorised benchmark administrator and global leader in digital asset data, providing institutional-grade digital asset data and settlement indices. On 7 September 2023, the two firms issued a press release about their new strategic partnership, […]

A recent study by Henley & Partners, an investment migration consultancy, has revealed that out of the 425 million people globally who are invested in cryptocurrencies, a select few have reached billionaire status. Specifically, six individuals have amassed a fortune of at least $1 billion in Bitcoin. According to a CNBC article, which cites Henley […]

Former Goldman Sachs executive Raoul Pal has recently revealed he believes the cryptocurrency space could expand to manage an eye-popping $1 quadrillion in value, given the right circumstances. In a recent interview on Crypto Banter, Pal highlighted the potential ramifications of BlackRock’s recent push for a spot Bitcoin exchange-traded fund (ETF), which was followed by […]

Stake.com, a well-known online casino and sportsbook founded in 2017 by Bijan Tehrani and Ed Craven, has put a temporary hold on withdrawals after becoming the target of an alleged $40 million security breach. The issue was first brought to light by security firm Cyvers. The firm detected abnormal transfers moving away from Stake.com’s Ethereum […]

The information in this article is based on a recently released guide — titled “Crypto Travel Rule in United Kingdom by the Financial Conduct Authority (FCA)” — from RegTech startup Notabene. The United Kingdom has proactively engaged with the crypto industry, partnering with experts and regulators to establish an evidence-based regulatory framework. The Financial Conduct […]

Ivan Bianco, a Brazil-based YouTuber (the host of the “Fraternidade Crypto” channel) who focuses on blockchain gaming, apparently suffered a significant loss of nearly $60,000 in cryptocurrency and NFTs. The loss allegedly occurred after he unintentionally displayed his crypto wallets’ seed phrases during a live broadcast. His channel has a following of around 34,000 subscribers […]

Bitget, one of the world’s leading crypto exchanges, has partnered with one of the most respected names in the crypto space. Founded in 2018, Bitget is a leading cryptocurrency exchange with copy trading services, serving over 20 million users across more than 100 countries. On the other hand, CCData is an FCA-authorized benchmark administrator and […]

Coinbase CEO Brian Armstrong has penned a blog post outlining his top 10 startup ideas for the burgeoning crypto industry. Armstrong believes that the crypto space is still in its early stages and presents a golden opportunity for entrepreneurs. He emphasizes that while Coinbase has the resources to build various crypto projects, they can’t cover […]

CCData is an FCA-authorised benchmark administrator and a global leader in digital asset data, providing institutional-grade digital asset data and settlement indices. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CCData provides a comprehensive and granular overview of the market across trade, derivatives, order book, historical, social and […]

Contrary to popular belief, CoinShares’ “Quantifying Crypto Crime: Expectations vs Data” report (published on 30 August 2023) suggests that the use of cryptocurrencies for illegal activities is not as widespread as media often portrays. According to the report, blockchain analytics firm Chainalysis estimated that only $20 billion was involved in crypto-related crimes in 2022. CoinShares […]

Ben Armstrong, a popular crypto influencer, has been removed from his position at BJ Investment Holdings, the parent company of Hit Network and BitBoy Crypto. According to a report by Kate Irwin for Decrypt, the company justified his removal by citing allegations of substance abuse and claiming that Armstrong had caused “emotional, physical, and financial […]

Binance, a global leader in blockchain and cryptocurrency infrastructure, has unveiled a new service called ‘Send Cash’ for the Latin American market. This innovative feature allows users from nine Latin American countries to send cryptocurrency directly to bank accounts using Binance Pay. The service employs licensed money transfer processors to ensure smooth and secure transactions. […]

Jurica Bulovic, a former executive at Fidelity who later became the head of mining at Foundry, a subsidiary of Digital Currency Group (DCG) that offers mining and staking services, recently spoke about Fidelity’s missed opportunities in the crypto space. According to a Wall Street Journal (WSJ) report (titled “The ‘Fidelity Mafia’ Behind Big Crypto”) cited […]

In a recent video on her YouTube channel “Crypto Tips,” Heidi Chakos, a well-known crypto educator and influencer, discussed what she considers the most bullish news of 2023: Uniswap’s trading volume surpassing that of Coinbase. According to Chakos, in the first quarter of 2023, Uniswap recorded a trading volume of $155 billion, outperforming Coinbase’s $145 […]

According to a report by Bloomberg, JPMorgan Chase analysts, including Nikolaos Panigirtzoglou, recently released a research note suggesting that the cryptocurrency market is likely to stabilize in the near term. The report attributes this outlook to a decline in open interest in CME Bitcoin futures contracts, which usually signals a weakening price trend. The analysts […]

According to a recent article by Bloomberg News, in late July, a programmer at Estonia’s CoinsPaid, a prominent crypto payment processor, was contacted by a recruiter on LinkedIn for a job opportunity. During a 40-minute video interview, the engineer was asked to download a file for a technical test on his work computer. Days later, […]

On 25 August 2023, the U.S. Department of the Treasury, in collaboration with the Internal Revenue Service (IRS), unveiled draft regulations aimed at tightening the reporting requirements for digital asset transactions. This move is part of the Biden-Harris Administration’s broader strategy to plug tax compliance loopholes and mitigate the risks of tax evasion in the […]

Arthur Hayes, the Co-Founder and former CEO of BitMEX, recently penned a comprehensive blog post examining the Federal Reserve’s monetary policy and its implications for the cryptocurrency market. Hayes scrutinizes the Fed’s dual control over both the quantity and price of money, arguing that this approach is counterproductive and politically motivated. Hayes begins by outlining […]

The U.S. Department of the Treasury, in collaboration with the Internal Revenue Service (IRS), has released a set of draft regulations targeting the reporting of digital asset transactions. This initiative is part of a larger agenda by the Biden-Harris Administration to close existing gaps in tax compliance and to address the perceived risks of tax […]

ClearBank, a pioneering financial institution in the fintech space, has recently published a comprehensive guide on the evolving landscape of digital assets and their potential integration into traditional banking systems. Authored by Andrew Delves, Head of Crypto and Digital Assets at ClearBank, the guide serves as an educational resource on the types of digital assets […]

The Securities Services Evolution 2023 report by Citi Securities Services provides a comprehensive overview of the ongoing transformation in the financial industry. From being on the cusp of change in 2021 to the execution-focused approach in 2023, the industry is undergoing significant shifts. A major highlight is the industry’s preparation to reduce a day from […]

Introduction On 18 August 2023, John Reed Stark, an expert on digital regulatory compliance with 15 years of experience as an SEC enforcement attorney, shared his insights on the current state of the cryptocurrency market. Through a post on X (previously known as Twitter), Stark takes a closer look at the challenges and concerns surrounding […]

Introduction In a recently published research paper, David Duong, CFA, Head of Institutional Research at Coinbase, explains that short selling is a mechanism to profit from declining prices. In the crypto space, this involves borrowing tokens, selling them, and later repurchasing them at a decreased price to return to the lender, capturing the price difference. […]

Brooke Masters, the US Financial Editor at Financial Times (FT), recently expressed concerns over the US Securities and Exchange Commission’s (SEC) approach to cryptocurrency regulation. In her FT opinion piece, Masters dived into the historical context of financial regulation in the US, highlighting the SEC’s primary role in safeguarding investors from potential fraud and ensuring […]

Prominent pseudonymous crypto analyst “DonAlt” recently offered his perspective on the intriguing interplay between the S&P 500 and the crypto market. DonAlt, who has over 500,000 followers on X (formerly known as Twitter), posits that the fortunes of Bitcoin, and the broader crypto market, are closely tethered to the stock market’s performance. His cautionary note […]

In a series of posts on X, Brendan Berry, Head of Payments Products at Ripple, recently shared his insights on how X could leverage cryptocurrency to fulfill its ambition of becoming “the best place on the internet to earn a living as a creator.” This comes as X’s owner and CTO, Elon Musk, firmly denies […]

David Duong, CFA, Head of Institutional Research, provided a comprehensive analysis of the traditional and crypto markets in his weekly market commentary for the week ending August 4, 2023. According to Duong, the week was eventful for both markets, albeit for different reasons. In traditional finance, the Bank of Japan’s decision to raise the hard […]

In the crypto space, cryptocurrencies (especially Bitcoin) are often hailed as the “digital gold” of the 21st century. However, George Milling-Stanley, Chief Gold Strategist at State Street Global Advisors, urges caution. His firm operates the world’s largest gold exchange-traded fund (ETF), and he’s skeptical about the idea of cryptocurrencies replacing the time-tested value of gold. […]

Yesterday, Singapore-based cryptocurrency trading firm, QCP Capital provided an analysis of the current state of the crypto market, highlighting the independent behavior of Bitcoin (BTC) and Ethereum (ETH) in relation to traditional macroeconomic factors. According to QCP Capital, both BTC and ETH have shown a remarkable indifference to macroeconomic headlines and market movements. Their correlations […]

Recently, David Duong, the head of institutional research at Coinbase, one of the leading US crypto exchanges, shared his concerns about the potential impact of macroeconomic factors on the crypto markets. In a conversation with crypto analyst Scott Melker, Duong highlighted the strengthening US dollar and the relatively aggressive stance of global central banks as […]

The payments landscape is undergoing rapid transformation, with digital currencies playing a pivotal role, according to a recent report by Ripple and the Faster Payments Council (FPC). The report “Transforming the Way Money Moves” explores the potential of cryptocurrencies in the evolving payments ecosystem. The report emphasizes that the payments ecosystem is evolving quickly, with […]

Anchorage Digital, a pioneering crypto platform offering comprehensive financial services and infrastructure solutions, is experiencing a remarkable upswing in institutional interest in the crypto sector. As shared in an interview with The Block, Diogo Mónica, the co-founder and president of Anchorage Digital, disclosed that the firm’s assets have swelled by 80% in Q1 2023, despite […]

Coinbase’s protocols lead, Jesse Pollak, recently shared his optimistic outlook on the future of crypto adoption at the EthCC event in Paris. Pollak is responsible for Coinbase’s efforts regarding Base, the exchange’s Ethereum-focused layer-2 blockchain unveiled in February. He stated that the company’s goal with Base is to increase the number of things people can […]

In a surprising turn of events, Nasdaq, Inc. (NASDAQ:NDAQ) has reportedly decided to put its plans for a cryptocurrency custody service on hold. This announcement was made by CEO Adena Friedman during her company’s Q1 2023 Earnings Conference Call. According to the transcript (from Seeking Alpha) of the earnings call, the Nasdaq CEO’s comments regarding […]