Highlighting what went right, and what went wrong, in this week’s crypto news analysis.
Something about a hard fork? The biggest news last week was the split in the BCH blockchain. There were some pointed words from both sides of the divide, mainly Roger Ver vs. Craig Wright, and while both have vowed to see this through to the bitter end, exchanges are starting to show favour one way or another. One thing is for certain, the markets did not like all the controversy and speculation.
But it wasn’t all doom and gloom. Amid the sell off, stable coins surged in popularity, increasing their 24hr trading volume by 200% in some cases. And the managing director of the International Monetary Fund hinted that there could be a future for central-bank backed digital currencies.
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.
The BCH hash war continues, with ABC two blocks ahead, though with much smaller block size
Binance is trading BCHABC and BCHSV, which suggests this split will be permanent
A new crypto index exchange traded product will launch on the SIX exchange
It will be listed with the ticker HODL, and track BTC, ETH, XRP, BCH, and LTC
After pleading guilty, reCoin founder is facing up to five years in jail for defrauding investors
This case will conclude the SEC’s first action against an ICO for federal securities violations
Fundstrat’s
cuts his end of year price prediction by $10k
That ETH dropped to
by market cap shouldn’t surprise anyone
Popular messaging app
has dropped support from Ethereum in favour of Stellar
Ripple’s loyal user-base responds to
on base pairing
Could
by market cap?
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