EQONEX (Nasdaq:EQOS), a digital assets financial services company, held its inaugural Strategy Day for investors, analysts, and clients on November 12th. During this virtual event, the EQONEX leadership team presented its product roadmap and its strategic priorities. The event also featured a lively roundtable discussion between industry experts on the key triggers required for the mainstream adoption of digital assets, amid widening participation by both retail and institutional investors.
It’s a Hodler’s delight. Bitcoin prices appear to be on a never ending journey north. Today, we have again printed a new yearly high, with resistance at $17,130 acting as a break on prices. Bitcoin is a peculiar asset — its transparency allows us to report crazy facts, like: 99.46% of all Bitcoin transactions are in profit.
It wasn’t too long ago that the weekend trading sessions provided all the action in Bitcoin. Now, it’s turning into a Monday to Friday market — maybe the institutional effect is taking Bitcoin up enough during the week, leaving the weekend bulls free to spend their time browsing Lamborghini showrooms?
Over the weekend… A report by CoinATMRadar found that the number of Bitcoin ATMs around the world has exceeded 11,665, with 23 being added every day. That’s nearly one every hour.
CEO Richard Byworth reveals that world's largest cryptocurrency companies are now seeking his advice on going public. How did EQONEX do it?
New multi-year highs are fast becoming a dull headline. Bitcoin is going up, it’s almost becoming a given, which in turn, leads to more funds flowing into BTC. In yesterday’s report, we delved into rotations within the capital pool. Today, just to help drive home the message, Altcoins have under-performed as Bitcoin has marched on to new highs — the rotation into Bitcoin from alts is happening once again.
EQONEX CEO Richard Byworth joins Anthony Pompliano on the Pomp Podcast to discuss all things EQONEX and crypto, as we become the first crypto exchange operator to list on the Nasdaq.
The flow of capital in traditional finance, as a rule of thumb, works like this: Risk off, money flows from stocks to bonds, and risk on: Money flow from bonds to stocks. It’s a simple model. Everything good in the economy? Great, let’s buy stocks and leave the low yielding bonds to a smaller percentage of our portfolios. Only, money is now so cheap that bonds no longer pay you a return on your capital investment. They now charge you for the pleasure of assuming the risk on their debt. That, in a word, is madness. But there we are, ‘money printer go brrrr’, bonds going to negative yields, and stocks going up because no one really likes to lose money on purpose, so they decide stocks are worth the gamble.
It’s Tuesday and Bitcoin is trading sideways, which means it’s time to have a look at the on-chain data to assess the state of play.
Here are two interesting statistics: 1. The total value of negative yielding bonds has just passed $17 TRILLION.
Over the weekend… The Swiss town of Wetzikon launched a blockchain based program to distribute Coronavirus aid to businesses. Residents involved in small and medium sized businesses are able to access the disbursement through their smartphones.
Earlier this week, a Forbes article entitled ‘Bitcoin Is Braced For A U.S. Election Earthquake This Week’, argued that there has been ‘a tidal wave of bullish sentiment among Bitcoin investors that hasn’t been felt since Bitcoin’s historic 2017 bull run — and seems unshakeable no matter the outcome this week.’
2020 has been a phenomenal year for crypto so far, with bitcoin overtaking gold as the year’s top investment[1]. Paypal’s cryptocurrency announcement this month resulted in bitcoin passing the $12,000 mark[2]. On top of this, U.S. Bitcoin (BTC) Exchange Traded Funds (ETFs) may finally become a reality following a milestone announcement out of the US last week.
Our CEO Richard Byworth was interviewed by Constantin Kogan, where they discuss EQONEX's Nasdaq listing, http://EQONEX.io, and what it all means.
Over the Weekend… Blockchain-based data storage platform Filecoin started a weeklong digital conference to get some much needed stability. During the Filecoin token launch, its price shot up by 118% before diving by 80%.
The Rise of Privacy Coins The most well-known cryptocurrencies, such as Bitcoin and Ethereum, have immutable and transparent blockchains that allow BTC and ETH transactions to be visible to anyone in the world. It is also possible in some incidences to trace a person’s identity off-screen by investigating the sending and receiving addresses for those transactions. This has led to a rise in popularity of the cryptocurrencies dubbed privacy coins.
This week in crypto, 33 cyber criminals were arrested and the OneCoin ponzi scheme got a movie… starring Kate Winslet.
Investing and trading can be scary, especially when you are just starting out. Learning about all the indicators, charts, prices, and predictions can be quite the headache. Lucky for you, that is not the only way you can earn money on EQONEX.
This week in fintech, crypto took off in a northern African country, Italy now houses another titan, and France sees strides in blockchain voting.
We are EQONEX, a cryptocurrency exchange with a focus on compliance, fairness, trust, and innovation. If you have been following us for a bit, you probably know this already. EQONEX is a crypto financial services company and is listed on NASDAQ — making us the first crypto exchange to list in the US.
Lisa Theng, Richard Petty, Paul Smith and Andrew Watkins Join EQONEX Board Following Nasdaq Listing
Over the weekend… The amount of BTC in circulation passed the 18.5 million mark. This means that there is 2.5 million BTC left to be mined (about 11.9%)
EQONEX, a digital assets financial services company, announced today that it has completed its business combination transaction (the “Transaction”) with 8i Enterprises Acquisition Corp. (Nasdaq: JFK) (“8i”), a special purpose acquisition company (“SPAC”). The Transaction, which was approved at a Special Meeting of Shareholders on September 15, 2020, creates the first listed company on Nasdaq with a cryptocurrency exchange.
Sleek, professional, and intuitive — we have created a theme to match our trading experience.
This week in fintech, Europe proposes a crypto sandbox environment, the United States hopes to modernize its crypto laws, and pharmaceutical companies are showing increased interest in blockchain.
You have probably heard a lot about Ethereum (ETH) lately, given it has been one of the best performing cryptocurrencies this year… but what is it?
This week in crypto, we have turbulent news from USA presidential rallies, clearer definitions on crypto, and the first official CBDC.
Our CEO Richard Byworth on The Wolf of All Streets Podcast with Scott Melker, discussing all things about Bitcoin, EQONEX, and the Nasdaq listing. He explains why many like him are leaving traditional finance and going all-in on BTC.
This week in fintech, Argentina’s borders imitated Bitcoin — they went down. The IRS took tracking into their own hands and malware creators all came out to play this week.
This week in fin tech, Switzerland made multiple appearances, the United States is increasingly more keen on crypto, and Latin America is stepping up its digital game.
What is Bitcoin? Launched in 2009 by the mysterious developer Satoshi Nakamoto, Bitcoin (BTC) became the world’s first and largest cryptocurrency. An alternative to central bank-governed fiat money, the decentralized digital currency functions on a peer-to-peer controlled network using revolutionary blockchain technology.
TradingView is an industry-leading platform that provides a comprehensive charting system, allowing investors and traders to track and analyze the movements of securities and cryptocurrencies. It is the first point of call for investors looking to analyze and screen companies by utilizing the website’s stock and cryptocurrency screener.
When mastered, the art of day trading can prove highly lucrative, but without comprehensive and clear strategies, it becomes quite challenging.
A lack of regulation and transparency in the digital asset sphere has been cited as deterrent for institutional adoption of crypto, but this reticence is now receding with the emergence of trusted next-generation exchanges that place market integrity at their core.
Bitcoin was born out of the 2008 financial crisis, but until COVID it had never actually been through one. It remains to be seen if peer-to-peer financial models will stand up to the test that they were designed to pass.
For the last couple of weeks, we have been releasing snippets of what EQONEX currently does and will do. The wait is over — EQONEX is publicly launching today!
Since 2011, there have been dozens of exchange hackings, resulting in the equivalent of billions of US dollars worth of stolen assets[1]. In May 2019, Binance, one of the world’s largest crypto exchanges was notoriously hacked, resulting in a loss of 7,000 Bitcoin, worth in the region of $40 million at the time[2]. It was a shocking development and served as a stark reminder to both current and prospective investors that even the industry’s largest players are not impervious to masterfully orchestrated attacks.
At the dawn of digital asset trading, there were few regulatory systems in place to control the type of traffic exchanges received. Because of hacks, ill-usage, and extensive anonymity, these early experiences contributed to a somewhat shady reputation the crypto world is still battling. As the industry has matured, industry players have developed infrastructure and protocols to reduce the prevalence and ease of criminal activity from occurring. In the recent years, more and more exchanges are investing more in the resources to support Know-Your-Customer (KYC) and Anti-Money Laundering (AML) policies and procedures.
As governance on digital asset markets reaches equivalence with conventional finance, the banking sector is increasing its involvement in the space.
Bringing digital assets to the world.
EQONEX is a digital assets financial services company focused on delivering a full, digital asset ecosystem that offers innovative, trusted, and transparent products and services.
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