Market focus

We continue to describe the cryptocurrency industry through the eyes of “traditional” financiers, primarily bankers. As it turned out, they are not as blinkered as we used to think. Moreover, they can reasonably assess the prospects of a decentralized financial world. Crypto is turning corporate As the digital asset ecosystem grows and more people get…

Sometimes I catch myself thinking that for a long time, I have been analyzing the cryptocurrency industry from the “inside”. Yes, it is very convenient: you know and understand everything; you are immersed in the processes and see their internal dynamics. But it also leads to certain distortions of perception. We shouldn’t forget that people…

Breaking crypto news from the last week (Nov. 13 – 19, 2021): Nov. 13: The US Securities and Exchange Commission (SEC) has rejected a proposal to launch a spot Bitcoin exchange-traded fund (ETF) that would actively track the price of BTC. Cboe BZX exchange had applied back in March; however, the SEC stated that not…

The current situation in the financial market is like oil and water. The blockchain-based digital economy does not mix with the fiat economy and old finance. With one exception – CBDCs. But what future awaits them? “Over the past few years, I had some run-ins with regulators. And there are two sides to this coin….

After a fantastic price run hit a new all-time high of over $69,000 on November 10, Bitcoin’s price to drop to $55,705 just 9 days later. Though, Marcel Pechman sees 3 reasons why that significant drop may have been the local bottom. Bitcoin has been on a fantastic price run since the announcement of the…

Investment bank JPMorgan Chase has a notoriously uncertain attitude towards cryptocurrencies. On the one hand, the administration’s stance on the issue is very negative. On the other hand, the bank actually launched its own stablecoin – JPM Coin. It’s meant to satisfy the bank’s corporate clients who want access to digital money. JPMorgan Chase’s $…