About Author:
1 Confirmation with Jeff and Dave
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.
Grayscale Investment, the world's largest crypto asset fund manager, has had a record-breaking 2019, pulling in as much investment as they have from 2013-2018 cumulatively. This data supports the narrative that the correction hasn't killed optimism in the Bitcoin market. Institutions and high net-worth individuals using Grayscale are still very...
The United States Securities and Exchange Commission (SEC) has asked investors to be wary of investing in Initial Exchange Offerings (IEOs) as they may not be compliant with securities laws. IEOs that are catering to United States persons must comply with federal securities and corporate law. Exchanges offering these investments...
Heath Tarbert, Chairman of the CFTC, has made a statement that he isn't sure of whether XRP should be deemed a security or not. With a class action lawsuit pending and a very obvious agenda of selling XRP as a means of revenue, regulators are still not fully ready to...
Spencer Dinwiddie, a point guard for the Brooklyn Nets, is set to become the first sports player to tokenize their contract and sell it as an investment vehicle. Dinwiddie's contract will be sold as bonds on Ethereum and bondholders will be able to claim his income via the contract. Effectively,...
Siam Commerical Bank, a 112-year-old financial institution, announced a mobile banking interface that facilitates cross-border transactions at a lower cost. Asia is the world leader in mobile banking with China and Thailand boasting 86 percent and 67 percent mobile penetration respectively. This is an important move for Ripple as they...
Crypto derivatives platform Deribit has announced a position building tool that helps traders simulate positions across a variety of the exchange's products. The tool comes with portfolio analytics and dynamic positional P&L tracking. This tool will prove useful for traders looking to implement complex strategies that would be difficult to...
SBI Holdings and GMO Internet are all geared up to launch a massive Bitcoin mining facility in Rockdale, Texas. This supports a very strong narrative at play in the Bitcoin mining industry. More and more miners have moved away from Asia are migrating to the United States. Texas, in particular,...
With Bitcoin making new highs, bullish sentiment is rife within the space as many have once again called this the end of the corrective cycle. Volume, however, has been in decline since July 2019 and the technical structure of bitcoin looks more and more like the descending triangle that formed...
Hala Ayala, a Democrat in Virginia's House of Delegates, has requested the Department of Elections to study the use of blockchain technology to improve the reliability of the election process. Ayala is a cybersecurity expert who previously worked for the Department of Homeland Security. On her request, the senate and...
Being one of the most securely managed asset classes in the world is mostly a perk, but it does have its pitfalls as well. BBC News claims that there is research estimating that nearly 3.8 million bitcoin has been lost forever by people who passed away without giving access information to anyone...
