Cryptolinks Cryptocurrency News Blog
Are Cryptocurrencies Correlated? ? Binance Finds Out…
By:
Nate Urbas
1 April 2019
A recent study released by Binance Research, the research arm of the largest cryptocurrency exchange by trading volume, has delved into the question of whether the returns of the major cryptocurrencies are correlated with one another. This is a pertinent question for anyone who is in any way exposed to the prices of cryptocurrencies. The question is especially relevant to those who need to take such associations into account when exposing themselves to the prices of various cryptocurrencies. This post...
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Is Institutional Investment in Crypto Still Relevant in 2019?
By:
Nate Urbas
27 March 2019
2019 kicked off with high expectations for institutional investment entering the cryptocurrency space. Exchanges such as Bakkt and ErisX were seemingly setting up to revolutionize the industry and pave the way for huge capital inflows. We are yet to see these exchanges launch with both still awaiting regulatory approval. Furthermore, we have just seen CBOE wind down its bitcoin futures after months of dwindling volume.d Are we taking a step back instead of forward when it comes to institutional investors?...
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Does Bitmain’s $80 Million Investment Mark the Bear Market Turnaround Point?
By:
Nate Urbas
25 March 2019
CoinDesk has recently reported that according to mining farm operators in South West China, Bitmain is setting to invest hardware to the tune of $80 to $100 million for their own cryptocurrency mining operations. The company which typically derives the vast majority of its revenue from the sale of such hardware may be sensing changing conditions given its purported willingness to dedicate this hardware to its own mining. The price of cryptocurrency market leader bitcoin is down 80% from...
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JPM Coin Versus Facebook Coin
By:
Nate Urbas
20 March 2019
We have recently seen the behemoths of business take a significant interest in cryptocurrencies and blockchain technology. The big four accounting firms have all launched divisions dedicated to blockchain while firms that have previously renounced the use case for cryptocurrencies decide to launch their own. Both JP Morgan and Facebook, two companies among the largest publicly traded companies in the world, have both announced their plans to launch cryptocurrencies. In this latest Cryptolinks post, we delve into how similar the...
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Blockchain and Gaming – Can it work?
By:
Nate Urbas
17 March 2019
Gaming is a $135 billion global industry. But can blockchain have any part to play in this? The answer from Ripple is a big yes with the recent announcement of a $100 million fund to spur development of gaming applications to be built upon blockchain technology. The fund is going to be overseen by the recently forged Forte company which was just established in February. The Forte company was started by Kevin Chou who has been a prominent figure in...
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Can Binance launch the first dominant decentralized exchange (DEX)?
By:
Nate Urbas
14 March 2019
Binance quickly rose to dominate the cryptocurrency exchange business. The exchange only launched in July of 2017 despite most other major exchanges launching in 2012 or earlier. Binance completed its ICO in July 2017 raising $15 million to fund the development of its exchange. By January of 2018, it had already progressed to the point where it accounted for the largest amount of trading volume among top cryptocurrency exchanges. Binance has been expanding into several other areas of business such...
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The Background Stories of the Biggest Cryptocurrencies
By:
Nate Urbas
8 March 2019
We see them ranked among the top cryptocurrencies constantly. But did you know how they all started? In this post, we cover the background to some of the biggest cryptocurrencies by market cap. Bitcoin On the 31st October 2008, amid a financial crisis that shook the world, a mysterious pseudonymous programmer called Satoshi Nakamoto shared the Bitcoin whitepaper with the Cypherpunks mailing list. The Cypherpunks mailing list had built a wide variety of subscribers with discussion oriented around...
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New Research Highlights Volume Manipulation From Top Cryptocurrency Exchanges!
By:
Nate Urbas
1 March 2019
Recently released research by CoVenture, an alternative asset manager with a division dedicated to cryptocurrencies, has highlighted that we cannot trust the volume figures we see for exchanges in a lot of cases. The report delved into different ways that exchanges artificially pump up their transaction volumes. The report was generated using data and research compiled from CryptoCompare, CoinOne, and the Blockchain Transparency Institute. Who are the main culprits? Several exchanges which are commonly among the top exchanges...
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Breaking Down Coinbase Pro Listing XRP
By:
Nate Urbas
27 February 2019
Traders and XRP enthusiasts alike have long been anticipating the listing of the third largest cryptocurrency by market cap – Ripple’s XRP – to Coinbase. Coinbase, one of the first and largest cryptocurrency exchanges, announced that they are adding support for XRP. The listing will take place in several phases which will progress from the exchange initially only accepting deposits to finally facilitating both limit and market orders. This several step rollout will be done to ensure sufficient amounts of...
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The Key Cryptocurrency Talking Points so Far in 2019?
By:
Nate Urbas
22 February 2019
Despite prices being down, there is no shortage of discussion taking place on key topics in the blockchain and cryptocurrency industry. We have already seen a lot of major movements taking place in 2019 already. New cryptocurrencies have been launched and existing technologies are continuing to be developed. In this latest Cryptolinks update, we take a delve into the key talking points surrounding cryptocurrencies and blockchain so far in 2019. Security token offerings (STOs) versus initial coin offerings (ICOs)...
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