Ethereum: What Could Turn its Underperformance?

Overview The prices of Ethereum has been underperforming bitcoin this year, as the second-largest cryptocurrency gained less than 5% this year, while BTC has still maintained its staggering 95% YTD gains despite the previous selloffs. In light of the successful implementation of the latest Istanbul network upgrades, and the rising popularity of the DeFi, does […]

Bitcoin Prices Rebounded, So What’s Next?

Overview The prices of bitcoin initially stabilized near the 7500 levels after dipping into the 6500 area earlier this week. As we wrap up November, where will bitcoin prices go from here? While altcoins also have shown signs of recovery, what does that mean to the “Alt Season” believers? Bitcoin: Short Term Cautiously Optimistic; Medium […]

A Comparison of Public vs Private Blockchain

What difference does it make You might be familiar with Bitcoin, Litecoin, or all the other cryptocurrencies. What about blockchain? Apart from knowing that it is the basis of all crypto, what other real-world use cases do they bring? Or simply, what are the differences between a public and a private blockchain? Which is better? Public […]

Digital Euro: A Threat to Dollar?

Why new ECB leadership could be crypto-friendly? Overview The global race of creating a central bank digital currency has been heating up after China’s latest plan of creating its version of “crypto-yuan”, aka Digitial Currency Electronic Payment (DCEP). The European Union has been catching up fast, with some part of the banking community on the […]

Hong Kong Brings License to Crypto Exchanges

Opt-in based framework; limited impact expected. Still PI only. Overview Hong Kong is stepping up its efforts to formally regulate cryptocurrency exchanges in the city. On Nov 6, 2019, The Securities and Futures Commission just released a newly drafted regulatory framework, which allows the securities watchdog to issue licenses to crypto trading platforms. Could this be […]

OKEx Technical Weekly: Nov 4, 2019

Technical analysis of this week’s crypto trading market The cryptocurrency market has a muted start on Monday after bitcoin prices briefly touched 9300 levels over the weekend. Markets’ bias was mostly on the positive side, fresh data shows that institutions’ bitcoin long positions have increased to the highest since early August, indicating that long funds could […]