Newsletter
10 February 2020
3 coins to keep an eye on | Issue #68
Bitcoin bulls continue their rampage upward after support held at $9,100. Last week's candle decisively closed over the weekly levels at $9,533 and $9,753 after covering a 12.40% range. Will the momentum continue this week, giving us a candle close over the weekly and monthly levels between $10,300 and $10,400? Meanwhile, ...
News
06 February 2020
Thin Applications
Joel Monegro’s latest piece revisits his earlier articles on The Blockchain Application Stack and Fat Protocols. Joel’s insights back in 2014 and 2016 weren’t far off from how crypto networks operate today. But this new piece offered some clarity on one of his more highly debated hypotheses, the ide...
In a speech delivered in Chicago today, SEC Commissioner Hester Peirce unveiled a proposal to create a regulatory safe harbor for projects that sell tokens to build decentralized networks. As long as issuers follow rules that apply to initial fundraisings, they will have 3 years to build a function ...
In a speech delivered at a conference on the future of payments at the Stanford Graduate School of Business in California, Federal Reserve governor Lael Brainard shared that the Fed is studying the potential for a digital dollar. “By transforming payments, digitalization has the potential to deliver...
“Given their position as aggregators of capital and their interest in building both traditional and crypto-native financial services, the exchanges are perfectly positioned to catalyze the adoption of Open Finance.” - Kyle Samani Blurring the lines Open Finance lacks a generally agreed upon una...
Lighting labs announced today a $10 million Series A led by Craft Ventures. The raise coincides with the beta launch of its financial product, Lightning Loop, which aims to help merchants manage their payment channels more effectively. Lighting Loop is a non-custodial on and off ramp used to move fu...
Arwen, a blockchain infrastructure company that allows self-custody trading from centralized exchanges, raised $3.3 million led by Slow Ventures with participation from CoinShares, Collaborative Fund, Underscore VC, and DG Lab Fund. We detailed how Arwen works in a pro research report last summer: ...
In an all-hands meeting delivered by Joe Lubin today, Consensys announced that it is restructuring its company, laying off 14% of its workforce. The company plans to simply its business dividing its software and investment arms. Why it matters: - The company laid off 13% of its staff at the end of ...
On Tuesday, Feb. 4, 2020, at 02:00 UTC, Bitcoin SV completed its planned hard fork for the "Genesis" upgrade. The upgrade aims to restore the original Bitcoin protocol, including removing the block size limit. Following the upgrade, there was a minor chain split where a single miner added a block to...
Binance announced that they have revised their futures market maker program fee structure to include negative fees for select trading pairs. Other benefits for qualifying market makers include higher API limits and ultra-low latency connectivity and support. In order to qualify, market maker's 30-da...

3 coins to keep an eye on 👀