Monthly Archives: September 2018

Cryptocurrency News (28 Sept 2018)

1. Austrian Government to Notarize $1.3 Billion Bond Auction Using Ethereum The Austrian government is to use the ethereum blockchain to notarize the auction of a government bond worth €1.15 billion, or around $1.3 billion. The Federal Government’s Finance Agency (OeBFA) has assigned banking giant Oesterreichische Kontrollbank (OeKB) to carry out the auction on its […]

Cryptocurrency Updates (27 Sept 2018)

1. SBI Ripple Asia Wins Payments License for Blockchain Money App A joint venture between SBI Holdings and Ripple has moved a step closer to launching its blockchain-based payments app for consumers. SBI Ripple Asia announced Wednesday it has completed registration with the Kantou bureau of Japan’s Ministry of Finance as a licensed agent for […]

Cryptocurrency Updates (26 Sept 2018)

1. BIS Report Finds Strong Link Between Crypto Prices and Regulators’ Actions According to the report published September 23 by BIS – an organization based in Switzerland made up of 60 of the world’s central banks – cryptocurrencies retain close links to news of regulatory actions across different national jurisdictions. This is despite crypto’s design […]

Charts of the Week (24 Sept 2018)

Chart of Spread between 10-yr and 3-month Treasury Yields vs S&P 500 Total Return Index Note: Periods of curve inversion (i.e. when the 3-month Treasury yield is higher than that of the 10-year yield) led to periods of correction in the S&P500 Index. Currently the spread is still far from inversion territory despite all the […]

Cryptocurrency Updates (25 Sept 2018)

1. French MPs Propose Legal Framework for “All Digital Assets” Providers The French Government plans to provide a legal framework for all “digital assets” providers. An amendment related to regulation of all service providers in the crypto industry was proposed by three members of President Emmanuel Macron’s party – Valeria Faure-Muntian, Christine Hennion, and Eric […]

Cryptocurrency Updates (24 Sept 2018)

1. Russian Banks Would Be Willing To Work With Cryptocurrencies A group of representatives from major banks in the country met with several prominent personalities involved in the world of crypto-business to formulate in a roundtable a series of proposals and strategies to promote crypto-based financial instruments and their legal adoption. The discussion revolved around […]

Cryptocurrency Updates (21 Sept 2018)

1. Japan: Crypto Thefts Have Tripled This Year, Totalling $540 Million So Far1. Japan: Crypto Thefts Have Tripled This Year, Totalling $540 Million So Far Japan’s National Police Agency has revealed that 60.503 billion yen ($540 million) worth of crypto was stolen in the first six months of 2018. In 2017. around 662.4 million yen […]

Cryptocurrency Updates (20 Sept 2018)

1. Major Bank, Industry Players to Launch Blockchain – Based Commodities PlatformMajor Bank, Industry Players to Launch Blockchain – Based Commodities Platform The Swiss-based venture, has been established by a group of major global banks, trading firms and leading energy company that include ABN AMRO, BNP Paribas, Citi, Credit Agricole Group, Gunvor, ING, Koch Supply […]

Cryptocurrency Updates (19 Sept 2018)

1. Ripple Could Launch xRapid Solution In The Next Month The xRapid product is a real-time settlement platform, built for commercial use, backed by XRP tokens and designed to speed up international payments. The xRapid addresses the issue of minimizing liquidity costs and making cross-border payment transactions faster. The new partnership made in August between […]

Charts of the Week (17 Sept 2018)

NVIDIA Weekly Candlesticks & Ichimoku Chart NVIDIA produces chips that are used for gaming, AI and cryptocurrency mining. Knowing that, and seeing a chart like this, is there any reason not to get involved?   EUR/JPY Daily Candlesticks & Ichimoku Chart EURJPY has failed to convincingly sustain above 131.00 for months. Will the latest attempt fail […]