Diginex CEO Richard Byworth spoke at the Bernstein Crypto Insights webinar about how institutions can access digital assets through the Diginex ecosystem.
Markets are decidedly up this morning. The S&P reached new highs yesterday and the Nasdaq is also feeling undoubtedly bullish, now close to its all-time high.
Diginex Limited (Nasdaq: EQOS), a digital assets financial services company, announced today that it has entered into strategic partnerships with algorithmic trading firm Kronos Research and institutional liquidity provider Parallel.
Diginex CEO Richard Byworth, and the Head of Blockchain strategy, Kevin Ting, hosted an AMA about EQP on the Gem Collectors Telegram chat group.
Markets are interesting to look at these days. After a general risk-off move on Thursday, Friday closed last week with a strong bullish tilt on equities across the globe. The dollar unsurprisingly fell. In the crypto space, though, things did not benefit from the risk-on approach. Over the weekend and still now, BTC is edging down further. Across different jurisdictions, regulators seem to be more active. For example, over the weekend, we saw Korea and Turkey attack exchanges on fraud charges.
Are crypto assets really a viable treasury investment? What are the regulatory risks? How does the custody of crypto assets work? Diginex CEO Richard Byworth answered this and more alongside other industry leaders in TMI's Webinar "The Questions Every Treasurer Should be Asking." Watch Richard's highlights below.
Welcome to the Weekender! Your weekly round-up of all the top news stories, as chosen by you, our readers. We started this week with a feel-good article, courtesy of Jack Dorsey, the CEO of Twitter and Square, who said that the flagship cryptocurrency, Bitcoin, “incentivizes renewable energy.”
Proof of Authority and Proof of Stake are becoming increasingly popular alternatives to the original consensus method, Proof of Work. But what’s the difference between these two models?
If you’re a holder of risk, you probably don’t feel too happy today. We’re by no means at low levels. If anything, we’re still high, but one can observe a pullback on most assets. The S&P and Nasdaq walked back on most of yesterday’s gains. The only exception might be gold, which is holding up.
Don't miss the chance to hear exclusive insights about Bitcoin, Bitcoin Cash, and the future of money from two of crypto's leading experts: Richard Byworth and Roger Ver.
FOMO turned to FOBI (fear of being in) today as Bitcoin went into full melt-down mode. The move below $50,000 hit the alt market, with yesterday's out-performance quickly erased. Prices across the crypto-sphere headed south as Bitcoin dragged even Doge Coin lower—imagine.
I was expecting some dip buyers in equity markets, but not by this much. Yesterday’s session walked back on almost two days of losses. The S&P and the Dow rose more than 1% and the Nasdaq rose over 1.5%. Bond yields steadied. Gold continued a very bullish run, now just a tad under $1,800.
Richard Byworth, CEO of Diginex, and Roger Ver, Founder of Bitcoin.com, shared some fascinating thoughts about Bitcoin, Bitcoin Cash, and the future of digital currencies. The pair also answered questions from the watching attendees, and some of the answers were as surprising as they were insightful!
Bitcoin has lagged the broader market today. While other coins have enjoyed a surge in prices, BTC is still punch-drunk from the price action on Sunday. As a percentage of the total value of the crypto market, BTC is losing ground. The last time Bitcoin was only 50% of the entire crypto market cap was August 2018. We are still some way off the record low of 35%, set during the ICO boom, but the way things are shaping up, a sub 50% print is only a matter of days away.
It’s yet another day we’re down in the stock market. While we’re still at elevated levels, equity indexes have retraced since the record highs of last week. Yesterday, Netflix saw a cooling down in subscriber growth that pulled the company and the rest of the tech space lower. Gold, on the other hand, is showing some strength.
Bitcoin bounced from support to test resistance today and is currently sitting right in the middle of that range. With very little news driving prices, it's been a case of the bulls and the bears testing each another's resolve. Neither have wavered, with the rally from support at $54,200 being matched by the selling pressure just below our resistance level of $56,600.
After a Tesla car suspected to have been on autopilot crashed and killed two passengers, the company’s stock dropped. It seems to have dragged most of the tech sector with it, as futures traded lower this morning in Asia. Although to be fair, non-tech equities are down as well. The dollar continues to retreat.