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Tag: December 2020

QED Investors Makes First Investment in Southeast Asia

Fintech-Focused VC Leads $5 Million Pre-Series B Investment in Indonesia-based Property Technology Company Pashouses ALEXANDRIA, Va.–(BUSINESS WIRE)–QED Investors, a leading global venture capital firm focused...

Graph neural network initialisation of quantum approximate optimisation

Nishant Jain1, Brian Coyle2, Elham Kashefi2,3, and Niraj Kumar21Indian Institute of Technology, Roorkee, India.2School of Informatics, University of Edinburgh, EH8 9AB Edinburgh, United Kingdom.3LIP6,...

Digital Marketing in Gaming 101 – Esports Group

Digital marketing is undeniably central to the 21st century customer journey. The continued rise of gaming platforms has also shifted how marketers forge connections...

Ripple’s VP of Litigation: The U.S. SEC ‘Is Wrong on Both the Facts and the Law’

In a recent interview, Deborah McCrimmon, who is Vice President of Litigation and Employment at Ripple, talked about the U.S. SEC’s ongoing lawsuit against Ripple. As you may remember, on 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, […]

Arca Firm CEO Believes Crypto Winter Has Reached The End, How True Is That?

In 2018, the cryptocurrency world experienced a crypto winter that saw the value of assets fall below 70-95% of their original value. This period lasted from January 2018 to December 2020. Currently, the crypto market is experiencing another chilly winter with its devastating effects felt on the top market player – Bitcoin. Despite the adoption and market dominance enjoyed by BTC: it still felt the crippling power of the bearish market cycle. Various predictions and speculations by experts relying on past market cycles are all over the place. Related Reading: AVAX Sheds 50% Over The Last 60 Days – More Losses Ahead? With the last crypto winter lasting almost three years: investors and traders are puzzled about the length of this current bearish market trend. The crypto world is affected by the devastating effects of global players on the political scene. The Russia – Ukraine conflict has increased the pressure on cryptocurrency globally. Igor Zakharov, CEO of DBX digital ecosystem: notes that high inflation has spiked interest rates in the United States. The U.S is the biggest promoter of crypto and a dominant force. Shift Of BTC Holdings By Whales And Big players Data obtained from Coinbase Pro shows that the big institutional players have transferred large amounts of their BTC holdings. The BTC volume pegged at 48,000 BTC is worth roughly $940 million. These bitcoin assets; were removed from long-term holding positions with a time frame of three to five years. Surprisingly, the smaller and medium addresses have increased their BTC holdings: according to Santiment. From recent data, BTC addresses with holdings in the range of 0.1 to 10 BTC now hold a record-breaking 15.9% of BTC’s total circulating supply. BTC price has been in constant flux. With its recent price struggles around the $20,000 range noted. It has left experts puzzled about the actual length of the crypto winter. Light At The End For Crypto But amid the uncertainty, Rayne Steinberg, CEO of digital assets investment firm Arca, is quite optimistic. He expressed his thoughts that the market is generally closer to the end of this dark period. However, he pointed out that macroeconomic factors made it difficult to go into specifics. With macroeconomic factors like inflation taking center stage worldwide, Steinberg opted to water down false hopes but encouraged optimism. Due to Bitcoin’s current connection with S&P 500, BTC price has taken a beating since the general market drawdown. This bitcoin sync with the equity market might favor the bears. Related Reading: Uniswap Coin’s Bullish Trajectory Sets UNI To Breach $7 Level – Time To Buy? Some experts’ predictions had the price of bitcoin nosediving by as much as 20% as its relationship with the S&P 500 continues. Relatively other altcoins are also experiencing the chilling effects of the dip. Uncertainty has now taken root in the crypto world. Forecasts and past price data are speculative as the big players gear up to weather the storm. Featured Image From Pixabay, Charts From Tradingview

🔴Another Big Win for Ripple! | This Week in Crypto – Sep 26, 2022

JP Morgan CEO is again against crypto, Ripple moves closer to a dismissal in its SEC lawsuit and Binance could buy Voyager’s assets. These...

Holiday Ransomware Prevention Tips from Comodo

Reading Time: 2 minutesIt has become an annual occurrence. Every year, pre-Thanksgiving up to the Christmas period, organizations are warned multiple times...

Top 20 Coins: Uncommon Core Podcast Episode 15 – Bits on Blocks

Throwing this up for discoverability: I enjoy the Uncommon Core podcast and this is a helpful episode for those looking to get a quick...

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