Kaiko Research: Monthly Market Report May 2021

The House Financial Services Committee heard testimony from experts and insiders yesterday on the burning question of the best way to regulate digital asset markets. The discussion was specifically focused on a pair of draft bills on crypto market structure and stablecoin regulation, but also unfolded under the shadow of the U.S. Securities and Exchange…

Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Sandali Handagama is a CoinDesk reporter with a focus on crypto regulation and policy. She does not own any crypto.Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market…

Nov 18, 2020 at 7:19 p.m. UTCOKB candlestick daily price action since late AugustOKEx Token Rallies on Rumors Founder Xu Released From CustodyOKB, the in-house token for leading crypto derivatives exchange OKEx, rallied more than 13% Wednesday on rumors that the firm’s founder, Mingxing “Star” Xu, had been released from police custody. The exchange reported…

feature The Takeaway Congressional hearings on Facebook’s Libra project are likely to focus more on the company’s privacy failings than on unresolved policy questions for cryptocurrency. Lawmakers will probably also grill Facebook blockchain lead David Marcus on the company’s choice of Switzerland as the home for the Libra Association. Though Facebook intends to launch Libra…

The adoption of joke cryptocurrency dogecoin (DOGE) continues to grow two years after the coronavirus pandemic that supposedly saw people beat lockdown boredom by gambling millions in non-serious digital assets.The number of cryptocurrency addresses holding DOGE has topped 5 million for the first time, according to data tracked by on-chain analytics firm IntoTheBlock.Meanwhile, the number

Ethereum's gas fees plummeted to a five-year low earlier this week, with some attributing the drop to users and applications migrating to trendier blockchains. Analyst Ryan Lee suggests that historical data shows a correlation between low gas fees and a subsequent increase in ETH price. A steep drop in fees paid to transact on the

Nov 30, 2020 at 3:43 p.m. UTCUpdated Nov 30, 2020 at 4:40 p.m. UTCInvestment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ PortfoliosThe research arm of New York-based AllianceBernstein, a global investment manager with $631 billion in assets under management, has had a change of heart when it comes to bitcoin as an investment…

Mar 31, 2020 at 18:25 UTC(Photo by Brad Keoun for CoinDesk)As economists scramble to assess the devastating impact of the coronavirus, they’re homing in on an unexpected hero that’s mitigating the damage in the U.S.: remote working. With offices across the country closed and people stuck in their homes, many professional workers have accomplished a not-seamless…

Originally OpenCoin Inc, Ripple Labs is the San Francisco company behind the XRP ledger and Ripple payments network. Founded in 2012 by Chris Larsen, Jed McCaleb, and Arthur Britto, it is currently led by CEO Brad Garlinghouse. Ripple Labs can trace its origins back to Ripplepay, a peer-to-peer payment network created in 2004 by Ryan…