Ripple, the company behind the third largest cryptocurrency XRP, is awaiting a lawsuit from the United States Securities and Exchange Commission (SEC). The FinTech firm is being accused of selling unlicensed securities in the form of its XRP tokens. The U.S. Securities and Exchange Commission (SEC) will file a lawsuit against Ripple, CEO Brad Garlinghouse […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – New all-time high On Monday, the bitcoin price moved within a narrow trading range at the 19,000 zone. At that point, investors were looking back at a 14-day consolidation phase after the all-time high of 2017 was surpassed for the first time. Only three days earlier, […]
The world’s largest financial derivatives exchange, CME Group, is planning to launch futures for Ether (ETH) next year. The first cryptocurrency they have listed was Bitcoin (BTC) in late 2017, Ether will be the second one due to increasing client demand, according to CME. CME Group, the world’s leading derivatives marketplace, announced that it intends to launch Ether (ETH) […]
The regulatory framework for the Distributed Ledger Technology (DLT) in Switzerland was being worked out for years already. The adaption of Swiss law is now getting to the final stages, with overwhelming support from the Federal Council, and expected to be completed in 2021. Switzerland has been developing a regulatory framework for DLTs since 2014, following the principle […]
We’ve just witnessed the biggest purchase of a blockchain-based digital artwork collection in history, smashing the previously held record by hundreds of thousands of dollars. The artist behind this historic sale is Mike Winkelmann who works under the moniker ‘Beeple.’ Beeple broke the record for the largest sale of a blockchain-based collection of digital artwork by hundreds […]
Sygnum has successfully tokenized its shares, becoming the world’s first bank to issue its shares on a distributed ledger. Tokenization of its own shares lays the foundation for their future public offering, which includes a potential dual listing in partnership with SIX Digital Exchange (SDX). In a world’s first for a bank, Sygnum today announced the successful […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – Short correction after cracking the all-time high On Monday, the bitcoin price moved within a narrow trading range at the 19’000 USD area. We recall that the week before, the all-time high of 2017 was exceeded with nearly 20,000 USD. Tuesday was dominated by declines and […]
One of the largest U.S. insurance companies, Massachusetts Mutual Life Insurance Company (MassMutual), is acquiring a minority stake in Crypto asset manager NYDIG, while making a $100 million Bitcoin investment for its general investment fund. MassMutual is a U.S. based insurance company that serves five million customers worldwide. With over $37 billion in revenue, it […]
This is the second post about our MachinaTrader tour! We were driving from Spain to Portugal and there it was, exactly after driving 800 km, the orange motor engine light started to flash for the first time. Did we buy the wrong car? Did they sell us a broken car? All kinds of thoughts go […]
The Swiss Stock Exchange announced an investment in Custodigit, the joint venture created by Swisscom and Sygnum in 2018. With this agreement, SIX Digital Exchange, Swisscom and Sygnum Bank enable Swiss banks to offer access to digital assets for their customers. The Swiss Stock Exchange today agreed to take a major stake in Custodigit and to partner […]
