Author: Novum Alpha

Coinbase Abandons Lending Product

Coinbase Abandons Lending Product

Cryptocurrency exchange Coinbase Global abandons its cryptocurrency lending product  Buckling to regulatory pressure Coinbase Global may serve as a warning to other fintech innovators to walk in the shadows as opposed to cooperating with regulators    “I fought the law and the law won.”   – “I Fought the Law” by Sonny Curtis and the […]

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Ether Peeks Over US$4,000 Briefly

Ether Peeks Over US$4,000 Briefly

Weekend rally in Ether pulls along other smart-contract leaning cryptocurrencies like Solana  Upside for Ether remains strong as developments and use cases continue to increase    Blink and you’d have missed it, but for a brief moment early Saturday morning Asia time, the world’s second largest cryptocurrency by market cap cleared a major technical level […]

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Altcoins Have Their Bitcoin Moment

Altcoins Have Their Bitcoin Moment

Altcoins rise faster than incumbent Bitcoin and Ethereum as investors go in search of the next big thing  Excess liquidity, speculation and different economic narratives are all seeing a demand for cryptocurrencies outside of the mainstream few   Always the bridesmaid, never the bride.   For holders of so-called altcoins, cryptocurrencies that are not Bitcoin […]

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Keeping Cryptocurrencies in the Family

Keeping Cryptocurrencies in the Family

Family offices demonstrate a long-term view towards investing in cryptocurrencies  Family offices may be looking to diversify their portfolios to bet on cryptocurrencies to hedge portfolios against inflation and persistently low interest rates    For the uninitiated, family offices are an opaque world of wealth, where scions have professional managers to ensure that they can […]

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U.K. Regulators Surrender to Binance

U.K. Regulators Surrender to Binance

United Kingdom Financial Conduct Authority concedes that it is neither able to effectively supervise or discipline Binance  Experience of the U.K. FCA underscores the challenges faced by regulators in policing a novel technology that by design allows it to circumvent national borders, restrictions and oversight   You can’t regulate what you can’t supervise, and you […]

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