Market Insights
Copper's Friday analysis - 14 Sept 2018
Looking back at some of this week’s biggest news, including price analyses for BTC, ETH, and XRP
Highlighting what went right, and what went wrong, in this week’s crypto news analysis.
Slowly slowly catchee monkey. After the blood letting of the last two weeks, it’s good to see the markets making a slow and steady come back. A good reminder that a retracement should not be confused with reversal.
There was no shortage of big news this week: US indictments for investor fraud relating to ICOs, and an actual jail sentence for GAW mining CEO for his 2015 Ponzi scheme; New stable coins were launched by the Winklevoss twins; A new blockchain lobby group was established by some of the biggest names in the business, including Coinbase, Polychain Capital, and Circle; And an anonymous source at Morgan Stanley confirmed they will soon be offering crypto derivatives, allowing their clients to long/short cryptocurrencies without owning the actual asset.
Below we have our weekly roundup of industry and coin specific news. If you’d like to get in touch with us about any of our products or services, we look forward to hearing from you. Just send us a note.
Latest Industry News
Stable, for now, coins
- Two new coins have emerged to rival tether in a USD backed crypto alternative
- Having the backing of a NY regulator improves their outlook, somewhat
Bitcoin swap trading
- Sources inside Morgan Stanley say they are ready to start offering BTC derivatives
- Citigroup is also said to be developing digital asset receipts as a trading mechanism for crypto
Prison for ponzi scheme
- CEO of GAW Miners, Homero Garza was given 21 months in prison for his 2015 Ponzi scheme PayCoin
- He will also be forced to pay $9.2m in restitution to investors and serve 6mo home detention
Latest Coin News
BTC
- Price Analysis: Current upside will be short lived, according to experts
- Does the chart look familiar? Smells like 2015
- Wall Street is coming,
- ?
ETH
- Price Analysis
- Constantinople and EIP updates
- Look ahead to next month’s Eth hackathon in San Fransisco
XRP
- Price Analysis
- Keeping it’s head above water, thanks to partnership with XLM
- But still
- from the Satis report
Don’t forget to sign up for our weekly newsletters using the form on this page to receive these gems direct to your inbox every Friday.
The latest forward thinking research, straight to your inbox.
Insights
