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.
#documentaries #crypto #bitcoin
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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:
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:
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 …
The post Rethinking the Top 15 Cryptocurrencies: What Should It Look Like? appeared first on Blockonomi.
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.
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:
Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post.
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
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.
Value at Risk
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