Looking back at last week’s biggest news, including price analyses for BTC, ETH, and XRP.
Jan 20 2020
Highlighting what went right, and what went wrong, in this week’s crypto news analysis.
A hopeful week as markets wake up to the new year and new funds launch.
But it wasn’t all sunshine and rainbows; there were more enforcement actions from the SEC, in Canada the regulator is suggesting all crypto looks like securities, and in Korea a 20% capital gains tax is being introduced for digital assets.
Below is 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
MAKER & TAKER FEES ON CRYPTO EXCHANGES
Central limit order book exchanges are venues where buyers and sellers place their bids and asks for everyone else to see and then trade against this liquidity
This market structure is not unique to crypto. In 2015, the SEC issued a memorandum analysing the proliferation of maker-taker asymmetric pricing mechanisms in US equities markets
NICKEL LAUNCHES SECOND FUND
London-based hedge fund manager Nickel Asset Management has officially launched its second cryptocurrency offering, Nickel Digital Gold Institutional fund
The new fund is also supported by a bespoke Walled Garden solution developed by digital assets prime brokerage Copper