Market Insights

Copper's Weekly Update - 24 June 2019

Looking back at last week’s biggest news, including price analyses for BTC, ETH, and XRP.

Copper

24.06.2019

Highlighting what went right, and what went wrong, in this week’s crypto news analysis.

Last week was a big week for the crypto-community. Ignoring Zuck Bucks for a moment, BTC broke through its 12 month high, soaring passed $10,000 with no view to stopping. Bitmain is aiming for an IPO again (this time in the US). And The Bank of England is getting behind DLT for instant settlement.

Now turning our attention to Libra, which has been received with a mix of excitement, skepticism (from believers in cryptocurrency), and downright opposition (mostly from regulators and central governments).

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

Copper meet Pomp, Pomp - Copper

  • Copper’s CEO, Dmitry Tokarev, was in New York earlier this month to record an interview on the crypto-famous podcast Off the Chain
  • Dmitry and Pomp discuss buy-side problems, what is actually needed for financial infrastructure, and how custody and prime services are evolving for digital assets

Read More

What you missed at HFM Breakfast

  • Copper recently hosted a briefing for HFM Week, alongside AiX Trade, Simmons & Simmons, and Cambrial Capital
  • Topics ranged from the current state of UK regulation, infrastructure development, and what makes up the institutional interest in Bitcoin

Read More

Facebook...again

  • It’s unavoidable, not least because they will have 2.6 billion users on day 1 of Libra actively trading
  • But is that a good thing? Will there be benefits to the actual (decentralised) crypto community? And why do regulators hate it so much?

Read More

Latest Coin News

BTC

Price analysis: Despite correction, BTC has support above $10,500

Feeling bullish? Here are 4 reasons to stoke your BTC fire

QuadrigaCX founder siphoned 21k BTC to margin on other exchanges

ETH

  • Price analysis
  • Ethereum Classic network upgrade to go ahead in
  • A friendly fork may be coming for Ethereum,

XRP

  • Price analysis
  • MoneyGram signs two year,
  • to use xRapid
  • Ripple CEO on why he’s

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