Ethereum: Reaches Over $1,200 and Reclaims #2

Ethereum: Reaches Over $1,200 and Reclaims #2

Ethereum (ETH) had a comeback weekend, this past weekend and has now reclaimed it’s long-time #2 spot on the cryptocurrency market, passing Ripple. Source: CoinMarketCap At press-time, ETH is trading at $1,115.24 a coin, down -1.47% in 24 hours. However, it grew nearly 44.4% in just a week’s time, as its fourth-quarter report performance was…

Blockchain’s Post-Trade Credibility Problem

Blockchain’s Post-Trade Credibility Problem

Clearing However, netting benefits come at the cost of intraday credit extension, explicitly or implicitly. Clearing mitigates the twin risks that arise from the necessity of post-trade settlement. The most salient one is principal risk, where one counterparty to a trade pays but the other fails to. This risk materialized spectacularly in the 1974 bankruptcy…

Bitcoin Rally? Up 13% For The Day

Bitcoin Rally? Up 13% For The Day

Bitcoin (BTC) has had a rocky 30 days since its futures contracts launched on Wall Street. Despite that, there’s no denying that it was a phenomenal year for the world’s first digital currency. Source: coinmarketcap.com At press-time, Bitcoin is trading at $17,372.10 a coin, up 13.06% for the day. The digital currency has stayed under the…

The Cryptocurrency Mania Will Expand Further

The Cryptocurrency Mania Will Expand Further

The consolidated value of cryptocurrencies has recently crossed the $750 billion mark. Bitcoin, the most popular among cryptocurrencies, accounts for almost 40% the total market capitalization of crypto markets. Market capitalization is always considered as a major valuation metric that multiplies the value of an asset by the value of that security in movement. As…