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

A rather dramatic 20% drop in BTC stormed headlines last week, with speculation awash as to whether it was Bakkt’s lacklustre launch or simply offshore derivatives markets behind it all. There is no clear answer, as with many things in crypto, but the market moves forward nevertheless.

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

Ledger X claims grudge held up approvals

• The firm is alleging CFTC chairman Christopher Giancarlo obstructed the approval of its Derivatives Clearing Organisation registration because of personal bias against CEO Paul Chou

• At the heart of the issue is a blog post written by Chou the year before, in which he criticises the regulators for an apparent preferential treatment towards larger exchanges

Read More

Asian investors lean in to crypto funds

• The gloomy macroeconomic outlook and the news of Facebook’s Libra and China’s central bank digital currency have fuelled this interest, market participants say

• Though they still face hurdles to getting off the ground, including licensing, banking, custody and insurance

Read More

Facebook COO to testify before Congress

• Sheryl Sandberg is in talks with the House Financial Services Committee to testify on Libra, Facebook’s stablecoin

• This follows a week of meetings held by Mark Zuckerberg, in which he was repeatedly pressed about privacy concerns. Despite this, David Marcus is confident they remain on track for a launch in 2020

Read More

Latest Coin News

BTC

Price analysis: If support near 8k holds, BTC could see 10% bounce

A dangerous bug in the BTC Lightening network has been fixed

The explosive growth of crypto funds

ETH

• Price analysis

• NBA star is blocked from offering an

  on his contract

• The (alleged) plot against

XRP

• Price analysis

• Is XRP a

  after all?

• Xpring acquires NineLogos to build out

  built on XRP

Don’t forget to subscribe to our newsletter so you can have the latest news delivered to your inbox every Monday morning.