About Author:
Ashwath Balakrishnan
Ashwath is a financial market and technology junkie. He is a cryptocurrency investor, trader, and enthusiast. He has expertise in market psychology and explaining complex technology in a simple way. He aims to battle misinformation in the cryptocurrency space.
Baton has raised $12 million in a Series A funding round led by Trinity Ventures. According to Ledger Insight, the company is building DLT based software for banks that can be immediately integrated on their networks, September 2, 2019. This product would mean that banks no longer have to think...
Roger Ver's Bitcoin.com has launched a cryptocurrency exchange with a promotional negative fee, meaning users get an intrinsic discount on their trades, September 2, 2019. The head of the exchange, Danish Chaudhary, believes this will be key to getting more users and amassing adoption. Bitcoin.com is a wallet and product...
Renown venture capital and investment advisory firm, Andreessen Horowitz, held a conference on cryptocurrencies to which they invited companies and regulators who are dealing with this new industry. Marc Andreessen discussed the importance of cryptocurrencies, likening it to how the internet was viewed in its early days, as reported by...
Digital X, a token sale advisory and blockchain development firm in Australia, has announced abysmal performance for fiscal year 2019, as reported by Micky, September 1, 2019. The bear market in cryptocurrency brought down a lot of companies, most of which have been able to initiate a bounce back up...
Elwood Asset Management, a hedge fund owned by billionaire Alan Howard of Brevan Howard Asset Management, is planning to launch a platform to design a cryptocurrency portfolio for institutional investors looking to gain exposure to the rapidly growing asset class, as reported by Financial Times, August 30, 2019. The goal...
After the future of Libra was put in doubt, a number of projects have announced their intent to bring the same vision to life. A Bloomberg report details how top brass at Binance are confident of their ability to successfully launch Venus, with little friction from regulators, August 29, 2019. Venus will...
Ethereum DeFi project, Set Protocol, has announced the deployment of their 50 day moving average strategy that automatically rebalances when price crosses above or below the moving average, August 30, 2019. The strategy is devised around hedging into USDC in times when the indicator confirms a downturn and buying back...
Binance has launched a new initiative to foster a sense of community amongst open source developers. Since launching their exchange, Binance has set up many other ventures including an academy, research lab, and charitable foundation. They have quickly become one of the largest cryptocurrency companies and continue to exhibit their...
Wikipedia, the free web-based encyclopedia, has officially been onboarded as a verified publisher, August 28, 2019. Wikipedia is the world's largest online information platform, boasting over 50 million articles in 300 different languages. It is run by the Wikimedia Foundation, a not for profit organization that relies on donations to...
The most awaited development in crypto is less than a month away from swinging in with full force. Bakkt will be launching their futures contracts on September 23, 2019, but have announced in a tweet on August 28, 2019, that they will open their custodial warehouse on September 6. What...
