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…