There’s nothing worse than finding a bottle of 25 year-old Macallan for $79.00 at the liquor store… only to find that although some muppet may have got it completely wrong on the shelf, the checkout computer doesn’t lie.
But sticker shock isn’t just for would-be whisky connoisseurs. In fact it’s also an issue facing cryptocurrency investors. This global industry grew faster than regulators could… well, regulate. And as companies around the world rushed to create The Next Big Cryptocurrency, we ended up with a lot of crossed-signals.
The head of a major institutional crypto exchange has said many of its retail-focused competitors are acting illegally by offering leverage trading services at levels that exceed those set by the bloc’s financial regulator.
As part of its recently-announced commitment to increased transparency, CoinMarketCap has announced sweeping changes to the way it ranks trading platforms and cryptocurrencies on its website.
The changes directly require that exchanges and projects provide verifiable data, if they wish to remain listed on the CoinMarketCap website. CMC is one of the top 400 websites in the world with over 130M views per month, according to Alexa traffic ranking – outranking business leviathans such as CNBC and the Wall Street Journal.
QuarkChain continues to move downwards.
Zcash has surged after its partner Parity Technologies
Ripple gained bullish moment after the project
Crypto Briefing can reveal absolutely no more additional details regarding Facebook’s highly-anticipated cryptocurrency, Libra.
Based on what we hear on Twitter from other people who also know nothing, we can say that the Libra cryptocurrency will probably enable the social media giant’s two billion users to transfer money between one another, purchase goods of some nature, as well as access in-app services – all with, or possibly without fees – on sites such as Instagram and WhatsApp as well as Facebook. Maybe.
Cryptocurrency investors received an unexpected boost Sunday morning when Bitcoin (BTC) managed to keep its head above the $9,000 mark.
Bitcoin’s price is now at a 13-month high and the death knell has sounded for crypto winter – where BTC prices fell to an all-year low of $3,200. For investors, it’s an encouraging sign that the bull run, now in its eleventh week, has not yet run out of steam.
In fact, other indicators suggest the recent rally may actually be a watershed moment for the asset class.
Multi-chain integration is to blockchain what the assembly line was to Henry Ford. One-off customization is fine for Bugatti; but for the rest of us, practicality and price matter. Ford’s genius was to use the practicality of the assembly line to bring automobiles within the price range of the ordinary person. A hundred and thirteen years after formation, Ford is still one of the world’s largest family-owned businesses.
As blockchain evolves, we can see the same philosophy that Ford brought to cars echoed in the projects creating exceptional value in the market today.
Blockchain technology is ushering in a new wave of technological change that will replace the way we do things: how we manage our money; how we track goods in transit; how we record asset ownership.
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