Corporate disclosure is the only way to get crypto institutionalized

Corporate disclosure is the only way to get crypto institutionalized

Some people predicted that crypto assets were going to be a fad that would quickly come and go. But in just a short time, we’ve seen crypto assets become the focus of new innovation. Cryptocurrencies have offered value exchange, the ability to generate income, and a viable investment option. Young companies are turning away from traditional VC to offer token options to investors. And blockchain technology is offering new value in the form of frictionless data exchange. As a result, crypto is making an ever-expanding effect on global economies, technology and culture.

Because of this, crypto assets are becoming a fully institutionalized asset class, which can only be a good thing. Scaled buy-in from investors, brokers, financial services companies and more can only improve the recognition of crypto assets and markets as a whole. Greater participation creates greater efficiency and stability of crypto assets as well.

Institutionalization will also grow the crypto assets financial services sector, and not just in brokerage and management, but in areas such as insurance and accounting as well. Recognizing that crypto assets are a valuable investment opportunity will encourage more startups to issue initial coin offerings and grow token issuance as viable new options for stakeholders. As crypto becomes better understood and legitimized, more industries will adopt blockchain technology.

In other words, the sooner crypto assets can be utilized, invested in, trusted, and seen as valuable, the better.

But we’re not there yet, and we can’t reach that point until the industry solves its major hurdle to institutionalization: lack of information in the form of disclosures.

Right now, there are no regulations or systems holding companies that issue crypto assets accountable, which means companies can (and have) issued ICOs and disappeared. Information that does exist is scattered throughout the internet uncollected and unverified, leaving asset valuation a mystery. How is a secondary market ever going to become sustainable when information is still private even when the trading goes public and creates a huge information asymmetry among investors, increasing the gap between “insiders” always winning and “outsiders” always losing?

What crypto needs to move into the next stage of maturity is a corporate global registry that will finally bring transparency around valuation and company actions.

What would that look like? It could be a single clearinghouse that collects, verifies and distributes information from companies across the world that have issued crypto assets, and that can also function as the standard for disclosures. The U.S. Securities and Exchange Commissions’ EDGAR database — the Electronic Data Gathering, Analysis, and Retrieval system — already does this by indexing disclosures of companies and making them freely available to the public.

There are a number of benefits that corporate disclosures will have for crypto:

  • It’s good for regulators. The crypto ecosystem has traditionally run independently of governments and institutions, but a lack of regulation is causing a lack of standards, which is hurting its future growth. Regulators already work with disclosures, which lets them know how crypto projects are handled, so it’s an easy way to use the same framework for assessing project valuation.
  • It’s good for valuation. Disclosures will also help better determine the valuation of crypto assets so that investors can make informed decisions on where to put their money. A system for determining asset valuation will also lead to increased sustainability across crypto asset classes, which can only help with more widespread adoption. Increased ease in regulation, more exposure to new projects, better investor relationships and more standardized valuation are the steps needed to fully institutionalize crypto — and that all happens with the creation and adoption of a corporate global registry.
  • It’s good for new projects. Having a global registry where companies disclose what they’re working on lets the industry know about good projects in the pipeline and gives early-stage investors transparency into projects they might want to back. Similarly, it can raise red flags on scam projects.
  • It’s good for IR. Providing an accurate account of what’s going on at a company, including milestones, leadership changes and issuances, will only help to build relationships with investors. And with crypto being such a new industry, disclosures can assure investors that they’re not being left in the dark and left on the hook.
  • If an EDGAR-like registry for companies issuing crypto assets is adopted and becomes the hub of the crypto ecosystem, we’ll see a world where information transparency is valued as part of the crypto culture, with startups eyeing ICOs eager to issue disclosures. Those same startups will see increased trust and less friction in their investor relationships. We’ll see an evolution in analysis and valuation tools because standards now exist. Additionally, because of the level of information out in the crypto world, scam projects and frauds will be easier to spot and investigate. Finally, crypto disclosure services can easily work with government regulatory bodies to round out the crypto ecosystem.

    But what if we don’t adopt a registry and leave things as they are today? Information will still be out there — when a company chooses to share it — but it’ll be more dispersed, unverified and harder to find. This will put investors at a disadvantage as they attempt to piece together reasons for investing, and they may abandon crypto investments altogether because it’s too hard to figure out. Crypto may never fully recognize its potential as an asset class and, instead, may be overlooked in favor of its blockchain technology. Finally, there won’t be anything to bridge the gap between the crypto asset world and the traditional finance world, leaving crypto out in the cold.

    It’s going to involve buy-ins and commitment, but the choice to encourage corporate disclosures seems easy both for the health of crypto companies and their potential investors.

    Responsibilities always follow with opportunities. That should still be the same for crypto-invested companies to take adequate measures to have their investors notified of all material events — both good and bad.

    The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

    James Junwoo Kim has a balanced experience in diverse scenes such as trading, corporate strategy and investment/business development. Most recently, as the managing director of NXVP, the venture capital arm of the largest online gaming company in Korea, he was engaged in crypto deals all over the world, acquiring exchanges and reviewing numerous ICOs. His experience in dealing with the lack of proper information to make financial decisions propelled him to co-found CrossAngle.

    Source: crytonow.com

    Author: adminhttps://crytonow.com


    Corporate disclosure is the only way to get crypto institutionalized By Cointelegraph

    Corporate disclosure is the only way to get crypto institutionalized By Cointelegraph

    Corporate disclosure is the only way to get crypto institutionalized

    Some people predicted that crypto assets were going to be a fad that would quickly come and go. But in just a short time, we’ve seen crypto assets become the focus of new innovation. Cryptocurrencies have offered value exchange, the ability to generate income, and a viable investment option. Young companies are turning away from traditional VC to offer token options to investors. And blockchain technology is offering new value in the form of frictionless data exchange. As a result, crypto is making an ever-expanding effect on global economies, technology and culture.

    Because of this, crypto assets are becoming a fully institutionalized asset class, which can only be a good thing. Scaled buy-in from investors, brokers, financial services companies and more can only improve the recognition of crypto assets and markets as a whole. Greater participation creates greater efficiency and stability of crypto assets as well.

  • It’s good for regulators. The crypto ecosystem has traditionally run independently of governments and institutions, but a lack of regulation is causing a lack of standards, which is hurting its future growth. Regulators already work with disclosures, which lets them know how crypto projects are handled, so it’s an easy way to use the same framework for assessing project valuation.
  • It’s good for valuation. Disclosures will also help better determine the valuation of crypto assets so that investors can make informed decisions on where to put their money. A system for determining asset valuation will also lead to increased sustainability across crypto asset classes, which can only help with more widespread adoption. Increased ease in regulation, more exposure to new projects, better investor relationships and more standardized valuation are the steps needed to fully institutionalize crypto — and that all happens with the creation and adoption of a corporate global registry.
  • It’s good for new projects. Having a global registry where companies disclose what they’re working on lets the industry know about good projects in the pipeline and gives early-stage investors transparency into projects they might want to back. Similarly, it can raise red flags on scam projects.
  • It’s good for IR. Providing an accurate account of what’s going on at a company, including milestones, leadership changes and issuances, will only help to build relationships with investors. And with crypto being such a new industry, disclosures can assure investors that they’re not being left in the dark and left on the hook.
  • James Junwoo Kim has a balanced experience in diverse scenes such as trading, corporate strategy and investment/business development. Most recently, as the managing director of NXVP, the venture capital arm of the largest online gaming company in Korea, he was engaged in crypto deals all over the world, acquiring exchanges and reviewing numerous ICOs. His experience in dealing with the lack of proper information to make financial decisions propelled him to co-found CrossAngle.

    Continue Reading on Coin Telegraph

    Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

    Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

    Source: otcpm24.com

    Author: News Bureau


    Unbelievable Bonus From Beaxy.com | Press release Bitcoin News

    Unbelievable Bonus From Beaxy.com | Press release Bitcoin News

    PRESS RELEASE. Beaxy Exchange is running a one-of-a-kind match bonus program that will double your deposit up to $500. For example, when you enroll in the program and deposit $1,000 worth of fiat or crypto, you will receive an additional 500 USDC to use for trading.

    How to Trade with More on Beaxy

    How does Beaxy’s Match Bonus Work?

    Use your bonus funds to trade or own more of your favorite cryptocurrency. Once you have opted-in to the program, you will continue to receive bonus funds on each deposit until 500 USDC has been credited to your account. Bonus funds will not be applied to deposits made more than one month after your initial bonus funds have been credited.

    Unlocking Your Bonus

    In order to withdraw bonus funds from the exchange, you must meet a trading fee requirement based on the value of your bonus within six months of receiving the bonus. Once this threshold is met, you can contact Beaxy’s customer support to enable withdrawals on your bonus funds.

    No Harm, No Foul

    If you cannot meet the trading fee requirement before the six-month deadline, only the bonus funds received as well as profits generated while enrolled in the program will be forfeited.

    If you want to withdraw your deposited (non-bonus) funds before reaching your required volume threshold, you will need to open a support ticket. The amount that will be available for withdrawal is the value of your original deposit minus any trading fees and any realized or unrealized gains or losses on trading activity during the program. You may be asked to close all open positions before withdrawing your deposits funds.

    How to get the most out of your NEW $500

    Follow along with our pre-populated signals supplied by Beaxy’s PROVEN provider to take the guesswork out of trading.

    Signals are an exclusive feature that is only available to traders on Beaxy. Signals take the guesswork out of trading. By providing you with professional-grade technical analysis that is overlaid onto your chart, Beaxy gives you the tools to save time and make more informed decisions. Check out the latest Signals for BTC-USD and see what patterns the sophisticated AI found and where the price should go if the set up plays out accordingly.

    Leverage Beaxy’s trading bot options: Hummingbot, Autonio, and HolderLab are there to make autopilot trading EASY.

    Hummingbot is an automated trading system that enables you to become a legitimate market maker in minutes.

    Refer a friend! Receive up to 30% of the trading commissions generated from accounts you refer. Referrals are a great way to show off Beaxy and garner some additional profitability. With Beaxy’s new Affiliate Management System, you can track all of your referrals in one place and see how their trading activity is improving your bottom line. Everybody wins.

    Trade with more today!

    Use your bonus funds to trade with confidence when you take advantage of Signals, which have a 63%+ win-rate at forecasting short-term price movements. Connect to the automated trading systems offered through your Beaxy Exchange account to put reliable strategies into action and unlock your bonus faster! As soon as you meet the fee requirement outlined for the match bonus program, the $500 bonus is yours to keep. Visit Beaxy.com to trade with more today.

    This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

    Spot-markets for Bitcoin, Bitcoin Cash, Ripple, Litecoin and more. Start your trading here.

    Source: news.bitcoin.com

    Author: Press release


    Monero, Synthetix, Crypto.com Coin Price Analysis: 23 October

    Monero, Synthetix, Crypto.com Coin Price Analysis: 23 October

    As the world’s largest and most dominant cryptocurrency, Bitcoin obviously shares high correlation stats with many of the market’s altcoins. However, while this may be the case, such a correlation isn’t always consistent or even uniform. The same was evidenced when looking at the price charts for Monero, Synthetix, and Crypto.com Coin, with each of these alts reacting differently to the king coin’s market movements.

    Monero [XMR]

    The price movements of Monero, the crypto-market’s foremost privacy coin, have been very contrary to the movements of most of the industry’s altcoins. While most alts have been on a downtrend since mid-August, Monero has been on an uptrend, with the crypto climbing sharply over the course of September and October. In fact, right before the aforementioned Bitcoin pump, XMR seemed to be trading sideways. However, that didn’t last long as soon, Monero was surging again.

    At the time of writing, Monero seemed to have reclaimed its uptrend, with XMR having recorded gains of over 6% over the past week. Further, while the Parabolic SAR’s dotted markers were well below the price candles and pointed to a bullish market, the Awesome Oscillator pictured positive momentum returning to the market.

    The privacy coin was in the news a few weeks ago after Chainalysis won a contract to provide the IRS with tools to break Monero’s protocols.

    Synthetix Network Token [SNX]

    Compared to Monero and Crypto.com Coin, Synthetix’s movements were very much in line with the movements recorded by most of the market’s altcoins. Like these alts, SNX too has fallen since mid-August, with the token’s value losing steam as the DeFi craze ground to a halt. While Bitcoin’s recent hike did push SNX up the charts by 9%, the uptick came on the back of the cryptocurrency falling by 11%, all within a one-week period.

    It should be noted, however, that having breached its immediate support level only recently, SNX was still in danger of doing the same again.

    Synthetix’s technical indicators were largely ambivalent as while the MACD line and Signal line were closely intertwined, the Relative Strength Index was holding firm right between the oversold and overbought zones.

    Crypto.com Coin [CRO]

    Like most altcoins in the market, Crypto.com Coin has been on a downtrend for the past 4-5 weeks. However, while these alts noted significant gains as Bitcoin hiked, Crypto.com Coin did not, with CRO continuing to fall on the charts dramatically. In fact, at the time of writing, CRO had fallen by over 37% over a 7-day period.

    Further, it seemed that CRO would continue to fall on the charts as the mouth of the Bollinger Bands was very wide around CRO’s price candles. Finally, the Chaikin Money Flow had plunged below zero sharply, a sign of greater capital outflows.

    It can be speculated that CRO’s recent performance is a reflection of OKB’s own performance over the period. OKEx’s native token fell on the charts on the back of the exchange suspending withdrawals on the 16th. According to Arca’s Jeff Dorman, exchange tokens might just share a correlation with each other.

    Source: cryptotimeless.com

    Author: by admin


    Corporate disclosure is the only way to get crypto institutionalized


    Rating: 0
    xc false
    Slider: 0

    Leave a Reply

    Your email address will not be published. Required fields are marked *