Page 3 - Crypto Long News Today

Bubbles Are Good for Bitcoin Over the last few weeks, the price of bitcoin has hit a record high of more than $41,000, blowing past the 2017 bubble high point of $19,783. The price has since declined relatively rapidly, and questions have arisen about what’s next for this latest bubble. This presents an opportune moment to analyze why these bubbles form and what they mean for the future of bitcoin. Price volatility causes market uncertainty and is often viewed as detrimental. However, for bi...

Updated Jan 20, 2021 at 7:01 p.m. UTC Dear Crypto Derivatives Industry, Let’s Not Repeat 2008 $1 quadrillion. The derivatives market is considered the biggest market in the world on a notional basis, eclipsing even the ballooning world debt market by four times. However, on a gross market value basis, the derivatives market is considered significantly smaller. The Bank of International Settlements (BIS) estimated it at approximately $12 trillion last year.   The lack of clarity over the siz...

Updated Jan 3, 2021 at 8:12 p.m. UTC Stablecoins, ‘Unsung Heroes’ and Other Institutional Crypto Takeaways It is clear that crypto is having its institutional moment. The investment decision is moving from speculation to allocation, and we are witnessing the maturation of crypto and digital asset investors in the process. In formalizing a dedicated digital asset investment strategy, institutional investors should assess the landscape thoughtfully with the goal of building an optimally const...

Proposed FinCEN Rule on Crypto Wallets Would Likely Be Ineffective, Elliptic Says Wallets Updated Dec 31, 2020 at 7:38 p.m. UTC Proposed FinCEN Rule on Crypto Wallets Would Likely Be Ineffective, Elliptic Says The U.S. Treasury Department’s proposed rules requiring users to comply with know-your-customer (KYC) requirements if they want to send their crypto from an exchange to a private wallet could end up being ineffective, according to blockchain analytics firm Elliptic.  In its published r...

16 Ethereum Predictions From a Crypto Oracle Every year since 2016, I’ve made predictions about what the next year will bring for the industry. If you pay attention to the incremental change that occurs year after year, you realize everything is connected and you can foresee some exciting outcomes. 2021 will undoubtedly be a year for blockchain and crypto to take center stage economically, politically and socially. Here’s what I see coming.  This post is part of CoinDesks 2020 Year in Rev...

Updated Dec 26, 2020 at 3:17 p.m. UTC Coming in 2021: Two Separate Digital Superhighways After a crazy year with predictably strong growth in decentralized finance (DeFi) and store-of-value (SoV) crypto assets generally, things are about to get weird. Diversification is the only way to stay sane.  Crypto is set to bifurcate and we will begin to see two parallel economic superhighways being built and used. One economic superhighway will be for know your customer (KYC)-compliant “digital curre...

Camila Russo on Building The Defiant and the Future of DeFi (Camila Russo) Updated Dec 23, 2020 at 10:02 p.m. UTC Camila Russo on Building The Defiant and the Future of DeFi Talk about good timing: In 2017, Camila Russo was on the prowl for a worthy book project. What would be a good subject? What hasn’t been covered?  At the time she was a reporter for Bloomberg. She was astonished to find a juggernaut of a story that was hiding in plain sight: Ethereum. “I was like, ‘I can’t believe...

Bridging Cultural Gaps in 2021: Crypto in China and the US Mable Jiang is a principal on the Multicoin Capital investment team based in Hangzhou. (Mable Jiang) Updated Dec 17, 2020 at 3:35 p.m. UTC Bridging Cultural Gaps in 2021: Crypto in China and the US The information and cultural gaps between China and the U.S. are profound. I’ve been fortunate to fully appreciate this firsthand as a native Chinese citizen living in Hangzhou working at a U.S.-based investment firm. In crypto markets, inf...

Updated Dec 16, 2020 at 7:12 p.m. UTC Crypto Is a Low-Risk, High-Reward Career Move These Days There has never been a better time to bet your career on crypto. A series of historic improvements to the fundamentals of the asset class this year have decreased the risk. Meanwhile, the potential rewards are as high as ever. There’s an old saying, “Nobody ever got fired for choosing IBM.” The implication of this statement is that if you make a bold decision and it backfires, you can get fired....