Inside the Cryptokingdom – Episode 1: Genesis – What is Bitcoin? We go back to the day Satoshi Nakamoto proposed a radical new form of electronic money. In the wake of a devastating financial crisis, an ecosystem would soon emerge across the globe. Inside the Cryptokingdom Genre: Documentary Runtime: 1h 0min Language: English Storyline: The This week, payments giant PayPal opened the floodgates by letting all U.S. users access the company’s new cryptocurrency services early. It’s a major development for the cryptoeconomy, to be sure, but the headline also caused a minor ruckus across the cryptoeconomy. Why? That’s because more than a few folks started arguing that PayPal should have […] The post Rethinking the Top 15 Cryptocurrencies: What Should It Look Like? appeared first on Blockonomi. SHANGHAI, China, Nov. 02, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric ve… Bitcoin broke above $16,000 today for the first time since January 2018. Here are a few incremental positives. Cointelegraph reported that SkyBridge filed a prospectus with the SEC on Friday. It said capital could be allocated to “companies providing technologies related to digital assets.” SkyBridge is the “fund of funds” run by Anthony Scaramucci. It […] This paper examines the connectedness between cryptocurrencies and major fiat currencies in a multivariate framework using vine copulas. One of the ad…

Inside the Cryptokingdom – Episode 1: Genesis – What is Bitcoin? We go back to the day Satoshi Nakamoto proposed a radical new form of electronic money. In the wake of a devastating financial crisis, an ecosystem would soon emerge across the globe.

Storyline: The current hype about bitcoin and other cryptocurrencies as millions are made and lost make for great headlines, but misses the far more interesting story about the technology that allows them to exist blockchain.

This series dives into the crypto-kingdom to understand the technology, and why we should all care about how it develops. Just as it’s difficult to do anything without the internet today, in 10 years we might very well be saying the same thing about blockchain.

Some see it as a revolution, others see the prospect of great profits, and many get lost in between – prey to scams, hacks, or naiveté. We travel across Latin America and Asia in search of the truth behind the hype.

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#documentaries #crypto #bitcoin

COPYRIGHT: All of the films published by us are legally licensed. We have acquired the rights (at least for specific territories) from the rightholders by contract. If you have questions please send an email to: info@amogo.de, Amogo Networx – The AVOD Channel Network, www.amogo-networx.com.

Source: cryptolearningvideos.com

Author: by admin

Rethinking the Top 15 Cryptocurrencies: What Should It Look Like?

This week, payments giant PayPal opened the floodgates by letting all U.S. users access the company’s new cryptocurrency services early.

It’s a major development for the cryptoeconomy, to be sure, but the headline also caused a minor ruckus across the cryptoeconomy. Why?

That’s because more than a few folks started arguing that PayPal should have eschewed support for lesser coins like bitcoin cash (BCH) and litecoin (LTC) in favor of focusing all their crypto services around the ecosystem’s undeniable heavyweights, bitcoin (BTC) and Ethereum’s ether (ETH).

It’s interesting and worthwhile dialogue, and I want to be clear here personally: I’m laissez-faire when it comes to crypto, I’m all for the future being multi-chain and underpinned by interoperability.

That said, I also see no point in denying the obvious in the here and now: Bitcoin and Ethereum continue to be lightyears ahead of basically all crypto projects across multiple metrics, and they’ll undoubtedly be central activity hubs for years to come. Moreover, the 2020 cryptoeconomy has been defined by Ethereum-based projects from top to bottom all along the way.

This reality has led to complaints in some circles that fundamentals haven’t caught up with the crypto markets lately. So what if we looked at the current top 15 coins per market capitalization and tried to reorder it, particularly by weighting more toward Ethereum projects?

That’s exactly what I’ll be doing in this post, then: postulating a more accurate top 15 crypto assets (per market cap) as we head into 2021.

According to crypto data analytics site Messari, the top 15 cryptocurrencies per market cap currently look like so:

Bitcoin (BTC) – $16,140 – $299 billion market cap

Ethereum (ETH) – $469 – $52.8 billion market cap

Tether (USDT) – $1 – $16.7 billion market cap 

Ripple (XRP) – $0.272 – $9.2 billion market cap

Chainlink (LINK) – $12.69 – $4.9 billion market cap

Bitcoin Cash (BCH) – $259 – $4.8 billion market cap

Litecoin (LTC)  – $63.9 – $4.2 billion market cap

Binance Coin (BNB) – $27.77 – $4 billion market cap

Polkadot (DOT) – $4.49 – $3.95 billion market cap

Cardano (ADA) – $0.105 – $3.36 billion market cap

Bitcoin SV (BSV) – $160 – $2.9 billion market cap

USD Coin (USDC) – $0.99 – $2.8 billion market cap

EOS (EOS) – $2.56 – $2.4 billion market cap

Monero (XMR) – $112.78 – $2 billion market cap

Wrapped Bitcoin (WBTC) – $16,072 – $1.9 billion market cap

So that’s how the top 15 looks now. But what if we went over it with a comb and starting kicking out “ghost chains” in favor of hotter projects? Let’s dive in!

Let’s start by just postulating that bitcoin, ether, and USDT will remain the top coins in 2021. While I certainly think ETH flipping the BTC market cap is in play on the horizon, let’s just assume for the foreseeable future that BTC, ETH, and USDT lock down the top 3 in that order.

What next, then?

Let’s try axing “ghost chains,” i.e. blockchains with very low activity lately, from the top 15 first. These projects include: Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), Cardano (ADA), Bitcoin SV (BSV), and EOS (EOS).

Here, I don’t mean to suggest these projects are totally dead or will never amount to anything. The point I’m making is that it’s increasingly looking like these projects will cede ground to projects with more activity in the months ahead, so we’re thinking through what that could look like.

If we slot the aforementioned “ghost chains” out of the equation and bump up the next projects on the slate, the crypteconomy’s top 15 projects would look like so:

Bitcoin (BTC)

Ethereum (ETH)

Tether (USDT) 

Chainlink (LINK)

Binance Coin (BNB) 

Polkadot (DOT)

USD Coin (USDC)

Monero (XMR)

Wrapped Bitcoin (WBTC)

Dai (DAI) 

Filecoin (FIL)

Uniswap (UNI)

Aave (AAVE) 

Zcash (ZEC)

Maker (MKR)

I think this re-envisioned top 15 looks pretty good and believable. Obviously, this hypothetical scenario would involve ghost chains declining further and finally giving way to hotter projects.

It’s impossible to know the future, and things can change considerably from here, but I wouldn’t be surprised if the top of the cryptoeconomy actually looks like this in one year’s time.

Let’s dive a little further into this re-imagined top 15 …

Bitcoin – This year,  a corner has been turned when it comes to mainstream interest in BTC. High-profile investors and large mainstream firms like PayPal are delving in like never before, a dynamic that means the OG crypto is in good position to keep being embraced as digital gold.

Ethereum – Ethereum and its blooming decentralized finance (DeFi) ecosystem stole the cryptoeconomy’s show in 2020. At the heart of all that teeming activity was Ethereum’s native currency, ETH. Call it digital oil, the internet of value’s money, or whatever you’d like: it’s going to be a top coin for years to come in any case.

Tether – USDT is far from the perfect stablecoin, but that hasn’t stopped swathes of crypto users from embracing the token as their stablecoin of choice. Barring a major peg incident, I don’t see this status changing any time soon.

Chainlink – To think about Chainlink’s LINK token climbing into being the fourth-largest crypto is amazing. It started out years ago as a project few believed in at the time. Now, Chainlink’s decentralized oracles are helping to power an astonishing array of DeFi projects, and folks are coming around to that reality.

Binance Coin – BNB is Binance’s exchange token, and we all know that Binance is an absolutely dominant force throughout the wider cryptocurrency space. Seeing it in the top 5 tokens would make sense to me (it’s currently the 8th largest per market cap according to Messari).

Polkadot – Polkadot is arguably the greatest of the so-called “Ethereum Killers. While the project’s still young, it’s seeming best poised to start ramping up and challenging Ethereum’s mantle. I like DOT at #6. 

USD Coin – USDC, a stablecoin collaboration between Centre and Coinbase, has taken off in popuarlity in DeFi this year. There may come a day where a project like USDC dethrones Tether as the arena’s go-to stablecoin. In the meantime, USDC at #7 sounds just about right to me.

Monero – XMR is the reigning privacy coin, so unsurprisingly behind BTC it remains the currency of choice on the dark web. That’s going to be the case for a while as things stand, so I’ve got no qualms analytically with Monero being here.

Wrapped Bitcoin – WBTC is the most popular tokenized bitcoin implementation on Ethereum to date, and I see it’s adoption only vaulting up from here as more people look to put their BTC to use in DeFi.

Dai – DAI is the native stablecoin of DeFi’s top lending protocol, MakerDAO, and it’s become extremely popular in DeFi accordingly. Look for adoption to continue.

Filecoin – Decentralized storage network Filecoin is new, so its FIL token could rise or fall from here. For now I’ve got no problem with it at #11.

Uniswap – Trading protocol Uniswap was the star of Ethereum. The only thing I’d say is that we could see it move more toward the top 5 tokens over time.

Aave – Lending protocol burst onto the DeFi scene this year, and they haven’t slowed down with impressive developments since. Aave is the kind of token that’s well poised to replace ghost chains atop the cryptoeconomy.

Zcash – ZEC is a privacy coin that’s much more friendly to the mainstream than Monero is. It’s more deserving of being in crypto’s top 15 than ghost chains, in my opinion.

Maker – As we mentioned before, MakerDAO is DeFi’s reigning lending protocol. I think seeing one of DeFi’s oldest and most trusted apps in the top 15 would really signal that times have changed in the cryptoeconomy.

The post Rethinking the Top 15 Cryptocurrencies: What Should It Look Like? appeared first on Blockonomi.

Source: cryptomoneyteam.co

Author: By TeamMMG

NIO Inc. to Report Third Quarter 2020 Financial Results on Tuesday, November 17, 2020 | Markets Insider

SHANGHAI, China, Nov. 02, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today announced that it will report its third quarter 2020 unaudited financial results on Tuesday, November 17, 2020, after the close of the U.S. markets.

The Company’s management will host an earnings conference call at 7:00 PM U.S. Eastern Time on November 17, 2020 (8:00 AM Beijing/Hong Kong Time on November 18, 2020).

Please register in advance of the conference using the link provided below and dial in 10 minutes prior to the call, using participant dial-in numbers, Direct Event passcode and unique registrant ID which would be provided upon registering.

https://apac.directeventreg.com/registration/event/5329138

A replay of the conference call will be accessible by phone approximately two hours after the conclusion of the live call at the following numbers, until November 25, 2020 07:59 AM ET:

About NIO Inc.

NIO Inc. is a pioneer in China’s premium smart electric vehicle market. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle. NIO aims to build a community starting with smart EVs to share joy and grow together with users. NIO designs, jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next-generation technologies in connectivity, autonomous driving, and artificial intelligence. Redefining the user experience, NIO provides users with comprehensive, convenient, and innovative charging solutions and other user-centric services. NIO began deliveries of the ES8, a 7-seater flagship premium electric SUV in China in June 2018, and its variant, the 6-seater ES8, in March 2019. NIO officially launched the ES6, a 5-seater high-performance premium electric SUV, in December 2018 and began deliveries of the ES6 in June 2019. NIO officially launched the EC6, a 5-seater premium electric coupe SUV, in December 2019 and began first deliveries of the EC6 in September 2020.

For investor and media inquiries, please contact:

Source: NIO 

Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post.

Source: markets.businessinsider.com

Author: finanzen.net GmbH

Market Pulse: Bitcoin at 34-Month High as Anthony Scaramucci Targets Cryptocurrencies

Bitcoin broke above $16,000 today for the first time since January 2018. Here are a few incremental positives.

Cointelegraph reported that SkyBridge filed a prospectus with the SEC on Friday. It said capital could be allocated to “companies providing technologies related to digital assets.” SkyBridge is the “fund of funds” run by Anthony Scaramucci. It would follow other traditional firms like PayPal (PYPL), Square (SQ) and JPMorgan Chase (JPM) entering the cryptocurrency space.

Coindesk separately reported that a foreign-exchange analyst at Citi named Thomas Fitzpatrick estimated BTCUSD could pass $300,000 by the end of 2021. He based his analysis on a comparison to the gold market in the 1970s.

See also: TradeStation Crypto Is Now Available on TradingView

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Source: www.tradestation.com

Author: David Russell

Connectedness between cryptocurrencies and foreign exchange markets: Implication for risk management

This paper examines the connectedness between cryptocurrencies and fiat currencies.

The approach employs canonical and drawable vine copulas.

Risk management is investigated through VaR and ES.

Vines produce accurate risk measures for a portfolio including cryptocurrencies.

This paper examines the connectedness between cryptocurrencies and major fiat currencies in a multivariate framework using vine copulas. One of the advantages of this method is the flexibility in the choice of distributions used to model complex dependencies. The results show that the dependence, measured conditionally or unconditionally, is positive and higher for the pairs of the same market than those across markets. Moreover, a low significant dependency is found between cryptocurrencies and the main conventional currencies. Based on the Value-at-Risk (VaR) and expected shortfall (ES) analyses, vine copulas produce accurate risk measures by adding cryptocurrencies to a portfolio of fiat currencies.

F31

G11

G15

Cryptocurrency

Fiat currency

Dependence

Value at Risk

© 2020 Elsevier B.V. All rights reserved.

Source: www.sciencedirect.com