Recently, the Asia Securities Industry and Financial Markets Association (ASIFMA) published a report titled, Tokenised Securities — A Roadmap for Market Participants and Regulators. The report goes into detail regarding the impact of tokenization on market participants, as well as current areas that need to be considered in the various stages of the securities lifecycleContinue reading “Blockchain standardization will become essential: ASIFMA roadmap for tokenized securities”

On November 6, 2019, Ripple published its second annual ‘Blockchain in Payments’ report, revealing the extent of widespread adoption of blockchain-based payments by financial service providers. According to the report, blockchain implementation only became mainstream in the last two years. The report used a survey conducted by an unspecified third-party, did not target Ripple customers.Continue reading “Ripple survey: 75% of respondents ‘very to extremely interested’ in digital assets”

Since China’s Xi Jinping embraced blockchain technology last month, discussions regarding its effect on the cryptocurrency community have been taking place left, right and center. CoinFund analyst Devin Walsh is one of those to lead such a discussion, with the analyst recently taking to Twitter to discuss his analysis of Bitcoin and Tether’s on-chain data,Continue reading “Bitcoin, Tether on-chain data may suggest increasing institutional activity”

January 2018 was the golden age for XRP, a time when XRP hit its all-time high value of around $3.3. Since then, however, the token has had moments of hope, before falling into patterns of more sideways movement. Valued at almost $0.30, XRP had a market capitalization of over $13 billion and a daily tradingContinue reading “XRP likely to breach broadening wedge and fall to $0.23 this week”

With the Maker protocol scheduled to upgrade to the new Multi-Collateral Dai (MCD), the Maker Foundation’s interim risk team has published a proposal on the Maker forum about conservative migration strategies that could be designed to mitigate overall risk during the process.  The proposal mentions that the present iteration, Single-Collateral Dai (SCD), will live parallelContinue reading “Maker Foundation’s risk team proposes strategies to mitigate MCD migration risks”

October 25, the Bitcoin price chart looked to have completed an inverted bart pattern, one that had started to form after the price dropped toward the end of last month. Since breaching up past the $8360 line a few days ago, Bitcoin looks to be stabilizing for above $9000. Currently valued at $9160, Bitcoin’s marketContinue reading “Bitcoin looks stable in the short-term, bearish in the long”

XRP has been on a steady path to recovering from last month’s sudden drop in price. However, its recent drop of 8% in 5 hours on the 23rd has pushed its recovery plans back slightly. But all is not lost. With its market cap is currently over $13 billion and the trading volume over theContinue reading “XRP witnesses major price swing as bulls establishes presence”

XRP has been making steady gains since last month’s sudden drop in price, currently trending close to the $0.30 mark. Its market cap is currently over $12.8 billion and the trading volume over the last 24 hours was almost $1.9 billion, experiencing a 4.5% rise in the last day according to CoinMarketCap. XRP was tradedContinue reading “XRP indicators show the price is moving up”

XRP has been making steady, but small gains over time, and the addition of the pegged XRP-BF2 on Binance recently is likely to aid it in its efforts. Its market cap is at around $11.8 billion and the trading volume over the last 24 hours was $1.26 billion, experiencing a 0.22% rise in the lastContinue reading “XRP recovers price, but may ride the bears for a while yet”

After hitting lows of $0.23 towards the end of last month, XRP seems to have risen back, oscillating around the $0.25 mark for the last few days currently valued at $0.254. Its market cap is at around $11 billion and the trading volume over the last 24 hours was $955 million, experiencing a 0.55% riseContinue reading “XRP fights off bears as it consolidates around $0.25”

Earlier this week, star Nets player, Spencer Dinwiddie, announced that he had planned to turn his contract worth $34.4 million into an investment, going public with an SD8 token offered by his company, DREAM Fan Shares. On Friday, however, a league official confirmed that the NBA notified Spencer Dinwiddie that he could not use hisContinue reading “NBA says Dinwiddie cannot use his contract as a vehicle for investments”

Ethereum has been on a downward trend since mid-June this year, having entered from a region of  relatively lower volatility to one that is much higher, touching lower highs as time passed. Since hitting the $220 mark earlier this month, the price has since fallen and ETH has failed to cross its $240 yearly peakContinue reading “Ethereum on the defensive as it struggles to consolidate post-price dump”