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Tag Archives: Ethereum

Crypto Markets News from John Lothian News – June 11, 2018 Blog,CryptoMarkets

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‘Bitcoin whales’ control third of market with $37.5bn holdings; Wealth in nascent cryptocurrency concentrated in mystery group of 1,600 investors Hannah Murphy – FT A mysterious cluster of 1,600 investors known colloquially as “bitcoin whales” collectively hold $37.5bn of the cryptocurrency, or close to a third of the available total, revealing the extent to which wealth is concentrated in the nascent market. /jlne.ws/2sMLiBG A hacker made $120,000 hunting for bugs in the ‘flawed’ software of a cryptocurrency startup that raised a record-breaking $4 billion ICO Zoë Bernard – Business Insider Last week, Guido Vranken made $120,000 from his laptop while…

Crypto Markets News from John Lothian News – June 8, 2018 Blog,CryptoMarkets

crypto markets update 2

Quebec Halts Bitcoin Mining Power Requests Amid Booming Demand Frederic Tomesco – Bloomberg Canadian utility says demand exceeds short-term capacity; Quebec takes measures to avoid need for rate increases Hydro-Quebec will temporarily stop processing requests from cryptocurrency miners so that it can continue to fulfill its obligations to supply electricity to the entire province. /jlne.ws/2sLvgHi Bitcoin trading rules leave Plus500 to make an educated guess; New trading limits may prove tough test for would-be ‘professionals’ Matthew Vincent – FT Attention all bitcoin traders with Plus500 and CMC Markets! A new study from Warwick Business School has found that: “Cryptocurrency prices…

Crypto Markets News from John Lothian News – June 7, 2018 Blog,CryptoMarkets

In Wake Of Data Breaches, Blockchain Technology Can Minimize Financial Fraud Andrew Rossow – Forbes In today’s world, we have the ability to manage our finances with the touch of a button, or swipe of a finger–all without stepping foot into a bank. But, as I’ve said many times before, convenience always trumps privacy, and there’s no way around that fact. With the emergence of new technology, comes the emergence of new threats and new hackers, attackers, and other forces devoted to exploiting vulnerabilities in these advancements. In the finance sector, fraud is becoming more prevalent on the daily. Hackers…

Crypto Markets News from John Lothian News – June 6, 2018 Blog,CryptoMarkets

From Crypto to Credit Markets: Key Themes at Bloomberg Invest Anny Kuo – Bloomberg From cryptocurrencies to market conditions to investment opportunities, here are the key takeaways from the Bloomberg Invest conference in New York. /jlne.ws/2kSMP51 Finance Industry Slams Google’s Crypto Ban As ‘Unethical’ and ‘Unfair’ CCN Finance industry executives have argued that Google’s decision to ban cryptocurrency advertising is not only ill-conceived, but unethical. In Facebook and Twitter have enacted similar bans. The ban covers cryptocurrencies, ICOs, crypto exchanges, crypto wallets and crypto trading advice. /jlne.ws/2Jvakip Money20/20: Central Bank Execs Conclude Crypto Is No Threat to Fiat, Yet Molly…

Crypto Markets News from John Lothian News – June 5, 2018 Blog,CryptoMarkets

crypto markets update 2

A stock exchange behemoth is quietly powering crypto markets across the world Frank Chaparro – Business Insider Nasdaq may not have launched its market for bitcoin futures yet, but it has been quietly powering crypto markets across the world. /jlne.ws/2kPE1fS Ella Zhang of Binance Labs Says the Crypto Bubble Needs to Burst Osato Avan-Nomayo – Ethereum World News Ella Zhang, the head of Binance Labs believes there is a cryptocurrency bubble that needs to burst before true blockchain utility can emerge. Zhang recently announced that Binance was investing $1 billion in support of cryptocurrency and blockchain technology startups. /jlne.ws/2sHbWej Denmark…

Crypto Markets News from John Lothian News – May 15, 2018 Americas,Blockchain,Blog,Commentary,CryptoMarkets,Exchanges, OTC & Clearing,Fintech,Tech / HFT

crypto markets update 2

Notes from Day One at Consensus By Chuck Mackie – JLN If you had any doubts about the swelling surge of interest in cryptoassets, you only had to try and check in to [[https://www.coindesk.com/|Coindesk’s]] [[https://www.coindesk.com/events/consensus-2018/|Consensus conference]] in midtown Manhattan around mid-morning on Monday. The line snaked its way back and forth through the 2nd floor lobby, down the escalator and out of the front door of the hotel, and it took up to two-and-a-half hours for the reported 7,700 attendees to check in for the event. Consensus began four years ago with 500 true believers in attendance, grew to 1,500…

CFTC Official Urges SEC to Clarify Ether’s Status John Lothian Newsletter,Newsletter

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First Read Notes from Day One at Consensus Chuck Mackie – JLN If you had any doubts about the swelling surge of interest in cryptoassets, you only had to try and check in to Coindesk’s Consensus conference in midtown Manhattan around mid-morning on Monday. The line snaked its way back and forth through the 2nd floor lobby, down the escalator and out of the front door of the hotel, and it took up to two-and-a-half hours for the reported 7,700 attendees to check in for the event. Consensus began four years ago with 500 true believers in attendance, grew to…

U.S. considering ‘material changes’ to ‘Volcker Rule’; Stock Bulls in Trump Country; Replacing Libor is harder in practice John Lothian Newsletter,Newsletter

First Read The Man Who Molded Chicago’s Merc; Leo Melamed, chairman emeritus of CME Group, helped make his company the world’s largest manager of financial exchanges. Now he’s focusing on the development of Asian markets Jacob Bunge – WSJ In 1939, Leo Melamed learned about the power of financial markets in a bakery in Vilnius, Lithuania. He was 7 years old, trying to use Polish money to buy a loaf of bread. Though Lithuania’s government had deemed the two countries’ currencies equal in value, the baker informed Mr. Melamed that he’d need two Polish zlotys for a loaf that cost…

Tales from the Crypt: What do Augur, Golem and Gnosis have in common? Blog,Options

They’re all cryptocurrencies. Though, if you thought, “They’re all words that could appear in  folklore” you’d also be correct. In light of LedgerX getting approval from the CFTC to clear options on cryptocurrencies Monday, I thought it prudent to give you a snippet of the larger picture. (More stories regarding LedgerX follow.) Interest and excitement in the space has accelerated rapidly in 2017 due to a number of developments: bitcoin’s eye popping price action/volatility (~$910 at the start of the year to ~$2570 now), the far-ranging potential applications of distributed ledger technology (in finance and elsewhere), the more flexible scripting…