In the latest sign of peak cryptocurrency mania subsiding, a token backed by billionaire Mark Cuban crashed down to zero dollars Tuesday, joining a slew of other hyped-up cryptocurrencies that have crashed over the past month after frenzied trading drove the market to meteoric price highs this year.

A wave of panic selling Wednesday morning drove the price of Iron Titanium, a token Cuban disclosed he owned earlier this week, from a Wednesday high above $64 to less than 0.01% of a penny by Thursday morning after some of its biggest investors started selling the token at high volumes, spooking individual investors and triggering the massive selloff.

Though much more gradual, the prices of several other tokens sporting multi-billion-dollar market capitalizations have similarly crashed over the past month amid a broader crypto-market rout.

After skyrocketing to a $45 billion market cap and becoming a top 10 cryptocurrency virtually overnight last month, Internet Computer has seen its prices tumble nearly 90%.

The token drew widespread praise from analysts and institutional investors, including Polychain Capital founder Olaf Carlson-Wee, but crypto enthusiasts on Reddit have soured on the token during its plunge and blamed "elites" (or institutional investors) for dumping their coins and driving down prices.

Safemoon, another token lauded by the Reddit crowd and social media influencers including crypto-bull Dave Portnoy, has plunged as much as 70% since amassing a $6 billion market cap in mid-May.

Shiba Inu tokens drew massive fanfare for their resemblance to dogecoin, the virtual currency endorsed by billionaire Elon Musk, and though they once held a nearly $13 billion valuation, they've plummeted nearly 75% in value since a peak on May 10.

According to crypto-data website CoinMarketCap, roughly one-third of the world's 100 most valuable cryptocurrencies have plummeted at least 40% over the past month, and a dozen have crashed more than 50%. Only three have added value: Quant, Theta Fuel and Amp—small tokens (subject to extreme volatility) worth $916 million, $2.8 billion and $4.2 billion, respectively.

"I got hit like everyone else. Crazy part is I got out… [Then] Bam," Cuban tweeted late Wednesday about Iron Titanium's crash. The plunging prices exposed a flaw in the token's design that created an arbitrage opportunity, effectively allowing investors to make unlimited money by buying and selling the token, which drove prices down further. “It was a crypto vortex of money,” Fred Schebesta, the founder of fintech company Founder and an Iron Finance investor, told Coindesk. “What happened is just the worst thing that could possibly happen considering their tokenomics.” Reddit traders have also blamed lackluster designs for the plunging prices of Safemoon, Shiba Inu and other formerly lauded tokens, though their crashes have been much less severe.

Established cryptocurrencies bitcoin and ether have struggled over the past month amid regulatory concerns and peaking investor sentiment, but their prices have fared much better than most of their smaller counterparts. Bitcoin is down 11% over the past month, while ether has plunged about 28%. When the crypto market peaked in May, Oanda Senior Market Analyst Edward Moya noted traders were piling into altcoins—or bitcoin alternatives—in a sign of growing speculation. Trading volume surged at the time, consistently totaling more than $300 billion each day. Mania has since cooled, with volume down to less than a third of its peak. 

$1.6 trillion. That's the value of the cryptocurrency market, 63% of which is made up of bitcoin and ether. 

Iron Finance's Titan Token Falls to Near Zero in DeFi Panic Sell (CoinDesk) 

Musk Denies Bitcoin 'Pump And Dump'—And Says Tesla Will Resume Transactions Once This Mining Goal Is Reached (Forbes)

I'm a reporter at Forbes focusing on markets and finance. I graduated from the University of North Carolina at Chapel Hill, where I double-majored in business journalism

I'm a reporter at Forbes focusing on markets and finance. I graduated from the University of North Carolina at Chapel Hill, where I double-majored in business journalism and economics while working for UNC's Kenan-Flagler Business School as a marketing and communications assistant. Before Forbes, I spent a summer reporting on the L.A. private sector for Los Angeles Business Journal and wrote about publicly traded North Carolina companies for NC Business News Wire. Reach out at jponciano@forbes.com. And follow me on Twitter @Jon_Ponciano

Mass adoption has been a long-term goal of the crypto industry ever since Bitcoin trading began, some 12 years ago. However, it would appear that another cryptocurrency managed to get ahead of BTC when it comes to being adopted by firms, banks, and governments — Quant (QNT).

Quant has recently attracted quite a bit of attention after announcing on its Twitter that it has already integrated with a number of central banks, enterprises, and even governments. The project noted that even Europe’s leading payment provider, SIA, also adopted the coin. As a result, the token is now connected to hundreds of banks on the continent.

The project’s team has also been interacting with a number of central banks that were open to integrating QNT into their systems. There are numerous benefits that are followed by Quant integration, such as the ability for businesses to create scalable networks, and even networks of networks.

This is possible due to the fact that the Quant network is highly interoperable, and compatible with many other networks. Not to mention that it provides a very scalable any-to-any interoperability. This means that it can integrate with any legacy system or blockchain out there.

The project also makes it a lot easier to create multi-chain dApps, and have them introduced to various blockchains.

As mentioned, Quant was also accepted by SIA, which functions as the backbone of the entire European financial market. By adding support for the coin, SIA will connect it to nearly 600 banks, including central banks.

Not to mention the fact that SIA is one of only two providers for the Eurosystem Single Market Infrastructure Gateway, with SWIFT being the other one.

On top of that, Quant is now also a guarantor of Pay.UK — the UK’s largest payment network. It is also a supplier for the UK government’s Crown Commercial Services, and it is one of the founders of the INATBA, the European Commission’s International Association of Trusted Blockchain Applications, among other things. In other words, the project is now extremely well connected, as well as adopted and approved by entire governments and their central banks, and it still seeks to enter new partnerships and collaborations down the road.

The cryptocurrency Quant trading strategy is a quantitative analysis trading system that relies on price and volume to identify profitable trading opportunities.The basic quantitative trading tools that are available to individual crypto traders and investors includes moving averages and oscillators.The attached indicators are quite helpful in optimizing the probability of executing a profitable trade.Owing to the secured trade setups used herein, traders are safe from getting overwhelmed as a result of the vast amount of incoming crypto chart data.One of the most pervasive problems associated with trading is emotion, which eventually leads to losses.Be in control of your cryptocurrency trading career with this one-stop system.Lets show you howTrade Setup MT4 Indicators: KeltnerChannels.ex4 (Colors Modified; #0=None, #2=None, Colors Width Modified; #1=2), Moving Average.ex4 (Inputs Variable Modified; Period=24, Style=Magenta), kg-wave-minor.ex4 (Default Settings)Suitable for: Scalping, day trading, swing trading, investingTrading Time: 24/7, Around the ClockCryptocurrency: Any (Bitcoin and Altcoins)Timeframes: AnyDownload Download the Cryptocurrency Quant Trading StrategyBuy Trade Example : NEO/USD (NEO / US Dollar), H1 Chart Fig. 1.0Strategy Rules Buy Signal Open a buy trade if the following trading conditions appear on the crypto chart:If the magenta line of the 24 SMA Metatrader 4 currency indicator line crosses below the yellow line of the KeltnerChannels indicator as shown on Fig. 1.0, Neo coin price is said to be dragged higher i.e. a trigger to buy the designated cryptocurrency.If the blue and red histograms of the KeltnerChannels currency custom indicator waves above the 0.00 horizontal level (see Fig. 1.0), the overall Neo crypto market sentiment is said to be bullish, therefore a buy alert will suffice.Suggested Stop Loss for Buy Trade : Place stop loss below medium-term support.Suggested Exit Strategy/Take Profit for Buy Trade Exit the buy trade if the following trading conditions appear on the chart:If the magenta 24 SMA indicator line intersects the yellow line of the KeltnerChannels indicator while a bullish trend is running (refer to Fig. 1.0), it is a signal to exit or take profit immediately.If the kg-wave-minor pops up a red histogram below the 0.00 horizontal level while a bullish trend is ongoing, bullish Neo coin price pressures is said to be halting, thus an exit or take profit will do .Sell Signal Open a sell trade if the following trading conditions appear on the crypto chart:If the magenta line of the 24 SMA digital currency indicator line crosses above the yellow line of the KeltnerChannels indicator as illustrated on Fig. 1.1, bearish price pressures is said to be building up, therefore a trigger to sell the cryptocurrency of interest.If the red and blue histograms of the KeltnerChannels currency custom indicator waves below the 0.00 horizontal level as exemplified on Fig. 1.1, the general Neo market sentiment is said to be bearish i.e. a signal to go short on the Neo cryptocurrency.Suggested Stop Loss for Sell Trade: Place stop loss above medium-term resistance.Suggested Exit Strategy/Take Profit for Sell Trade Exit the sell trade if the following trading conditions appear on the chart:If while a bearish trend is ongoing, the magenta 24 SMA indicator line intersects the yellow line of the KeltnerChannels custom indicator (checkout Fig. 1.1), it is a trigger to exit or take profit at once.If the kg-wave-minor indicator pops up a blue histogram above the 0.00 horizontal level during a bearish trend, Neo price is said to be making a likely bullish reversal, thus an exit or take profit stance is apt .Sell Trade Example: NEO/USD (Neo / US Dollar), H1 Chart Fig. 1.1Free Download Download the Cryptocurrency Quant Trading StrategyAbout The Cryptocurrency Technical Indicators Used The KeltnerChannels indicator is a volatility-based envelopes that can be added to any crypto chart for the purpose of spotting volatility and trend buildups.The 24 SMA (Simple Moving Average) is a technical analysis indicator that smoothens out digital currency price data by constantly creating an updated average price.The kg-wave-minor MT4 indicator is an oscillator that mimics wave-like motion when defining market trends.EasyInstallation Start using this cryptocurrency strategyin just 5 minutes.Click hereto get started now. Share Now!

“The achievement of a fully interoperable blockchain network, through our collaboration with Quant Network, is another key element in our path of bringing innovation and state-of-the-art technologies for supporting banks, financial institutions, corporates and public administration bodies to extend their capabilities in integrating different DLT business applications,” said Daniele Savarè, Innovation & Business Solutions Director SIA. Described as a ‘breakthrough’ by SIA, the achievement came with integration of Quant Network’s Overledger technology into the SIAchain private blockchain infrastructure. This leveraged 580 European network nodes within SIAnet (a 200,000km fibre optic network with high-speed and low-latency). The integration makes it possible to bridge permissioned blockchain instances between SIAchain and other external networks – ones which could not be previously connected. The effect is to have cross-platform applications and services delivering (for example): The development of the solution began in mid-2019. The program of testing involved: Quant Network and SIA will now work together on a go-to-market approach. They hope to develop and implement additional use, and applications, which explore blockchain interoperability challenges. “The partnership between Quant Network and SIA has been extremely positive and productive from the very start,” said Gilbert Verdian, CEO, Quant Network, “and both companies are confident that this development will play an integral part in building the financial infrastructure of the future globally.” SIA designs, creates and manages technology infrastructures and services for financial institutions, central banks, enterprises and the public. Among its offerings are solutions for: The SIA Group provides its services in >50 countries. An example of activities is its digitalised (sic) management of sureties based on blockchain technology. Sureties requested by law are mandatory for certain types of economic transactions like calls for tenders in the public sector, supply contracts between companies and payment of advances for the purchase of properties under construction between private individuals. Sureties are often linked to problems involving: SIA’s use of DLT makes it possible to: SIAchain is the private infrastructure created by SIA to develop, in a secure and protected manner, blockchain applications based on DLT. It is a partnership between SIA and R3 aimed at speeding up the global development and adoption of blockchain applications. Quant Network developed its own blockchain operating system – Overledger. It not only interconnects blockchains, but also legacy networks to blockchain. The problem Overledger seeks to solve is that ‘traditional’ DLT lacks seamless inter-communicability internally among ledgers and externally with existing networks. This limitation forces distributed applications to be single-ledger-dependent. From a technology perspective, the fact that distributed or decentralised applications are single-ledger-dependent makes them difficult to select for a specific business purpose.  The Overledger OS proposes to remove this single-ledger dependency, by introducing an approach which enables the design, deployment and execution of multi-ledger decentralised applications. While other approaches exist (for example, Interledger), most such solutions only allow communication between two blockchains at the same time. Overledger, as demonstrated with SIA, is different because it can conduct operations across multiple blockchains In this way, Overledger connects all blockchains and can add an arbitrary hash of a message to a host. By introducing a multi-layer approach via Overledger, Quant Network says it moves information in the layers above, thereby creating a common interface among ledgers. Quant Network and SIA believe their partnership is an important milestone for the finance sector. Their approach will allow banks and financial institutions – through the SIAchain infrastructure – to: These are big claims, and there is a dearth of detail about what has been achieved and how. In addition, the partners will have to contend with offerings from the like of Kadena, LedgerConnect or Polkadot.

Three notable products of the Quant network are GoVerify, Atlas, and TrustTag.

GoVerify serves to verify that any email, SMS, or phone call is legitimate.

Atlas enables cross border open banking. Many of you crypto enthusiasts out there may not like banks. However, banks are currently some of the most powerful and well-funded organizations in the world. As has been evidenced with Ripple, any solution which solves problems for banks can have massive potential.

Enterprises do not want to spend the money, time, or exercise the effort needed to run a node on a new blockchain in order to access multiple other blockchains. The Overledger creates an easy and realistic way for them to quickly access multiple blockchains and internet of things applications with one Operating System.

Think of Overledger like the App Store or the Play Store for multiple blockchains and/or multiple existing types of institutional infrastructure. It has the potential to connect and make use of almost any type of digital system you can think of to another, it’s not limited to just blockchains.

Most enterprise interoperability solutions target just permissioned, centralized blockchains. The Overledger creates a network between enterprise permissioned blockchains, public decentralized, permissionless blockchains, and existing networks.

Connecting existing networks is huge because it means that Overledger is not limited to just crypto to crypto use cases.

The Overledger OS is centralized in that only they have access to their backend and their patented technology. Nevertheless, they enable developers to create MApps connecting decentralized, permissionless blockchains. In this sense, they are using a centralized technology to help spread the use of decentralized technology.

The MApps that Quant Network talk of stand for Multi-chain or Multi-protocol applications. This means that developers can use Overledger to create applications that for example leverage the security of Bitcoin and the smart contract capabilities of Ethereum.

We’ve talked about how Quant is interoperable and simple to use. Like pretty much all crypto projects, they claim to be stable and secure. The difference here is that we have to trust them because their backend code is proprietary meaning no one but them can prove that it is stable and secure until their technology is used on a mass scale by external parties. They further claim that it is fast and scalable. Finally, they call their operating system “future proof”. This aspect is important as blockchains and tech is constantly changing so it’s paramount that the Overledger system maintains its compatibility.

Du Capital Pte Ltd is looking for an expert with a crypto enthusiast. This position is located in Singapore.Company Name:Du Capital Pte LtdLocation:SingaporeJob Description :Crypto Jobs : As a Crypto Quant Trader, you work in a fast-paced, high-intensity environment. Being a trader is for brilliant minds, independent thinkers, energetic doers,. Apply Directly: If you think this is of interest to you, you can apply now directly! Visit. Set up your Resume:Go to our Menu Bar and upload a resume so employers can find you.Stay connected:Follow us to get the latest blockchain job market updates and news from us. Connect with us on:Twitter : / thecryptostreetInstagram : / thecryptostreet Facebook / thecryptostreet

Marc P. Bernegger started his first internet company in 1999 and had two successful exits. He began working with Bitcoin in 2012, is on the board of Crypto Finance Group, Swiss Blockchain Federation and CfC St. Moritz and is a member of the World Economic Forum’s (WEF) Expert Network for blockchain. The recent CoinDesk opinion article “10 Reasons Quant Strategies for Crypto Fail” by Jesus Rodriguez makes for a great headline, but it overlooks relevant developments and key data in the sector.  While Rodriguez makes reasonable points about the weakness of quant technology for crypto, a growing number of professional crypto quant fund managers address these through their strategies, demonstrating clear success. Going forward, crypto assets are set to become the perfect asset class for quant strategies. By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy.See also: Crypto Long & Short: The Surprisingly Sunny Outlook for Crypto Hedge Funds The 2020 PwC–Elwood Crypto Hedge Fund Report says the most common crypto hedge fund strategy (48% of those surveyed) is quantitative (or taking a systematic approach to the market in either a directional or a market neutral manner), followed by discretionary long only (19% of funds; meaning funds that are long only and whose investors have a longer investment horizon), discretionary long/short (17% of funds; meaning funds that cover a broad range of strategies including: long/short, relative value, event driven, technical analysis and some strategies that are crypto specific, such as mining), and multi-strategy (17% of funds; meaning funds adopting a combination of the above strategies). To understand why almost half of all crypto hedge funds worldwide are focused on quant strategies requires a look at the broader (crypto) hedge fund sector. It is important to note that the models used by quantitative funds usually extend beyond digital asset datasets. Many quantitative crypto fund managers come from the traditional finance world, their strategies are defined based on decades of data from traditional asset classes, and these strategies are tested thoroughly before being applied to the crypto market.  Additionally systematic strategies are superior to human decision-making procedures in an environment of irrational and volatile markets, which is definitely the case with most cryptocurrencies. The crypto market is still dominated by traders making decisions by monitoring the price action on the charts. This increases the strength of trends and favors a quantitative approach based on time series analysis. Traders can retrieve a vast amount of  information by analysing digital asset datasets – particularly when taking on-chain metrics into account (e.g. transaction values, miner fees, etc.). That can be used by quantitative funds to garner some element of predictability instead of relying on technical price data alone. While Rodriguez makes reasonable points about the weakness of quant technology for crypto, a growing number of professional crypto quant fund managers address these through their strategies. With outliers, most quantitative strategies can take advantage of the short-term inefficiencies presented by digital assets and actually profit from the outlier events. The key attraction of many quantitative funds is their informational market advantage and the hedging capabilities they offer, particularly during down-markets. As such, outliers may present a challenge, but these periods have been proven quite profitable for some quantitative crypto funds as evidenced by their track records. Quant funds that generally trade very liquid exchange-listed crypto assets provide better liquidity to investors than a fundamental investor targeting early-stage projects or a multi-strategy, where the fund manager needs to consider the various strategies and instruments in its portfolio. Most serious and regulated systematic crypto hedge funds are quite transparent with their numbers so investors are able to find actual assets under management or monthly performance figures on platforms like Barclay Hedge or Nilsson Hedge. Based on available data, systematic crypto funds are outperforming “passive HODLing strategies” (meaning long only), discretionary long/short and multi-strategies significantly and generate sustainable alpha: In 2019, the average crypto hedge fund performance by strategy was as follows: Quantitative +58%Discretionary Long/Short +33%Discretionary Long Only +42%Multi-strategy +19%  In 2018, which was a very challenging year for digital assets, quant trading was the only strategy generating positive returns: Median quant fund +8%Median all funds -46%Median fundamental fund -53%Median discretionary fund -63%Bitcoin -72% So looking at the performance of crypto hedge funds in 2018 and 2019, it is obvious that crypto quant funds are working. A growing number of investors, including more and more fund of funds, are investing in systematic crypto hedge funds and crypto quants exclusively, which enables the whole ecosystem to evolve quickly. With most regulated crypto hedge funds that accept money from external investors being quite transparent about fund performance and assets under management, the growth in investments is becoming apparent. Increases in assets being allocated to crypto hedge funds in the last few months and increasing indications that bitcoin is a digital store of value and a new hedge against inflation, show that the demand from investors is accelerating. A majority of today’s crypto hedge funds, including crypto quants, were created less than three years ago, illustrating that this industry is still very young. See also: Jesus Rodriguez – 10 Reasons Quant Strategies for Crypto Fail Assets under management of crypto funds worldwide doubled from 2019 to 2020 (from $1 billion to $2 billion) and there are clear indications that they will roughly triple till the end of this year. A big part of this new money will be allocated to systematic crypto funds. As CoinDesk’s Noelle Acheson wrote recently, “the outlook for crypto hedge funds is sunny.” Investing in a crypto hedge fund instead of direct investment in the market is a more attractive option for many investors: they do not need to worry about custody, best execution, or liquidity crunches. These elements can be especially important for traditional investors, who are not deeply involved in the underlying technology and look at crypto assets primarily as a new alternative asset class to diversify their existing portfolio. With these arguments, and professional crypto quant fund managers that address known challenges with their strategies to achieve both performance and growth today, the potential for systematic crypto funds to surpass other investment strategies and outperform the market by the end of 2020 looks increasingly probable. Opinionquantitative financeDisclosureThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.What is undefined?

Tony Spilotro · @tonyspilotroBTC | Nov 25, 2020 | 15:00

As Bitcoin soars toward a new all-time high and has recaptured the interest of the world of finance, a sizable supply of liquidity is building on exchanges, not in BTC, but in stablecoins. The rising supply alongside surging crypto valuations suggests that the recent rally is “liquidity-driven,” according to one cryptocurrency quantitative analyst.

That liquidity as it continues to stack up on exchanges everywhere could soon bring the most “unprecedented buying pressure in history” to the crypto market. Could the likes of Tether and USD Coin be the key to unlocking the prices in Bitcoin that experts someday predict?

Bitcoin price is nearing $20,000, and at this point, the asset has gone parabolic, and most technical analysis has gone out the window. Trendlines no longer hold the unstoppable cryptocurrency back, and indicators have been overheated for weeks on end with not so much as a stumble, let alone a significant pullback.

Beyond technical analysis, fundamental analysis – consisting of quantitive and qualitative analysis – can also be used to determining the health or strength of an asset and its expected performance. Data showing that BTC was moving off of exchanges was perhaps the most useful information leading up to the recent rally.

With no BTC on exchanges to buy and a diminishing supply, a sell-side liquidity crisis played out, sending the cryptocurrency from $10,000 to $20,000 in a few months flat.

With Bitcoin still trending hard and technicals remaining unreliable, quantitative data is king. And according to a leading crypto quant analyst, there is plenty of reason for more upside. In fact, billions and billions of reasons are pilling up on exchanges right now.

According to Ki Young Ju, CEO of Crypto Quant, the stablecoin supply is growing rapidly on cryptocurrency exchanges. This liquidity, he claims, will soon drive “unprecedented buying pressure” in crypto markets. The capital pouring in tells the CEO that the current rally is liquidity-driven, and is set to continue henceforth.

The data is yet another factor backing up the theory that Bitcoin has begun a new bull trend, and could reach some of the astronomical prices that experts predict.

In the past, sharp-eyed crypto analysts notice a correlation between new Tether minted and Bitcoin rallies. That relationship is all due to the liquidity that the stablecoin supplies, which eventually flows into the Bitcoin and crypto market cap.

But liquidity pouring in like never before, things will only get more bullish for Bitcoin and crypto from here on out.

Du Capital Pte Ltd is looking for an expert with a crypto enthusiast. This position is located in Singapore.Company Name:Du Capital Pte LtdLocation:SingaporeJob Description :Crypto Jobs : Establishing connectivity to crypto exchanges and assist with data pipelining. Keeping up to date with the latest trends and staying knowledgeable in the. Apply Directly: If you think this is of interest to you, you can apply now directly! Visit. Set up your Resume:Go to our Menu Bar and upload a resume so employers can find you.Stay connected:Follow us to get the latest blockchain job market updates and news from us. Connect with us on:Twitter : / thecryptostreetInstagram : / thecryptostreet Facebook / thecryptostreet

We are pleased to announce that Quant Network has achieved Technology Partner status with Amazon’s AWS Partner Network (APN). A move that will enable more than a million active customers to benefit from our Overledger blockchain operating system who use AWS Cloud solutions to deliver flexibility, scalability, and reliability.The AWS Partner Network (APN) is the global partner program for AWS. It is focused on helping APN Partners build successful AWS-based businesses or solutions by providing business, technical, marketing, and go-to-market support.APN Technology Partners provide software solutions that are either hosted on, or integrated with, the AWS platform. APN Technology Partners include Independent Software Vendors (ISVs), SaaS, PaaS, Developer Tools, Management and Security Vendors.Quant Network’s vision for Overledger, is to provide customers choice with ease of implementing any blockchain technology.Quant Network CEO Gilbert Verdian stated, “We are pleased to be a partner to Amazon AWS which puts us another step closer to achieving our vision. Moreover, this partnership provides us with the invaluable opportunity to engage with over a million AWS customers who through this partnership can now innovate and create new business models from the use of Overledger to build industry-changing multi-chain applications on an interoperable platform.”Quant Network’s vision for Overledger, is to provide customers with choice and ease of implementing any blockchain technology.Overledger is the world’s first blockchain operating system harness the power of multiple blockchains by interconnecting the world’s networks to unlock business value. Overledger solves interoperability between blockchains, distributed ledger networks and existing legacy systems and networks, enabling enterprises to innovate and build new business models and next-generation multi-chain applications with just 3 lines of code.For more information contact the team: [email protected]APN Listing: ld>%20Network&id=0010h00001ZYFbuAAHLondon (25 September, 2018) – Quant Network — an innovative, global blockchain start-up  —  today announced its inclusion in the Global Legal Blockchain Consortium (GLBC), composed of more than 100 large companies, law firms, software companies and universities

A leading pioneer in enterprise blockchain technology Quant Network has successfully tested cross-blockchain interoperability between multiple Distributed Ledger Technology protocols along with European payment services and infrastructures SIA. “The partnership between Quant Network and SIA has been extremely positive and productive from the very start,” said Gilbert Verdian, CEO, Quant Network, “and both companies are confident that this development will play an integral part in building the financial infrastructure of the future globally.” “The achievement of a fully interoperable blockchain network, through our collaboration with Quant Network, is another key element in our path of bringing innovation and state-of-the-art technologies for supporting banks, financial institutions, corporates and public administration bodies to extend their capabilities in integrating different DLT business applications,” said Daniele Savarè, Innovation & Business Solutions Director SIA. var td_screen_width = window.innerWidth; if ( td_screen_width >= 1140 ) The breakthrough was achieved by integrating Quant Network’s Overledger technology (the world’s only DLT operating system that allows interoperability) into the SIAchain private blockchain infrastructure leveraging on 580 European network nodes within SIAnet (the fibre optic network with high-speed and low-latency stretching over 208,000 kilometres). This integration provides the ability to bridge permissioned blockchain instances between SIAchain and other external networks – which could not be previously connected – in order to have cross-platform applications and services covering, for example, notarisation, payments and KYC. The development of the solution began in mid-2019 and a full program of testing has been executed on SIAchain, R3 Corda and private Ethereum platforms. Quant Network and SIA will now work together to go to the market developing and implementing further innovative use cases and applications addressing blockchain interoperability challenges. This important milestone is the result of a partnership launched between Quant Network and SIA that allows mostly banks and financial institutions – through the SIAChain infrastructure – to adopt cross-platform and interoperable blockchain solutions and to embrace new business models, improve operational efficiencies and deliver innovation to banking customers. SIA – a subsidiary of CDP Equity – is the European leader in the design, creation and management of technology infrastructures and services for Financial Institutions, Central Banks, Corporates and the Public Sector, in the areas of Card & Merchant Solutions, Digital Payment Solutions and Capital Market & Network Solutions. SIA Group provides its services in 50 countries and also operates through its subsidiaries in Austria, Czech Republic, Croatia, Germany, Greece, Hungary, Romania, Serbia, Slovakia, and South Africa. The company also has branches in Belgium and the Netherlands and representation offices in the UK and Poland. Quant Network is a technology provider, delivering enterprise-grade interoperability for the secure exchange of information and digital assets across any network, platform or protocol, at scale. Quant’s Overledger, the world’s first DLT operating system, complements and connects existing systems and DLTs, to drive innovative and efficient growth for companies, public entities, and regulatory bodies alike. Headquartered in London, UK, Quant is recognised as a Gartner Cool Vendor 2019 and is committed to unleashing the power of systems that are as connected as the world we live in. Also published on Medium.

With many Bitcoin bulls and hodlers feeling vindicated after the rally to above $19,000 this year, the CEO of blockchain analytics firm CryptoQuant says whale activities are decidedly bearish.

On a new episode of The Coinist Podcast, Ki Young Ju says a key whale ratio is above 95%, which indicates sideways or selling pressure will continue in the short term.

“The whale ratio is calculated by the top ten transactions from users on exchanges divided by the total inflows, and it indicates how many whales there are and how many Bitcoins are deposited from whales. When this value goes above 95%, it means 95% of deposits are from the top ten deposits, and the market is likely to be bearish or going sideways according to historical data.”

Ki Young Ju says that some of the bigger miners are likely influencing some selling pressure with the hopes of keeping the price at a level that discourages other miners from entering the industry.

“Even if I were an OG whale, I wouldn’t want to sell at this price and liquidate just yet, but it looks like some OG whales are trying to sell some Bitcoins. I would say that would be some miners who want to keep prices lower than $20,000. For example, miners have to keep Bitcoin price levels below $20,000 since they don’t want new competitors joining the mining industry. Or some whales, some market manipulators, they want more consolidation.

We can’t understand the purpose of those selling… On-chain data can’t tell us the inflows of institutional spot beats, but it tells us it’s a battle of OG whales versus retail investors.”

The quant analyst goes on to reveal the key things that he would want to see before going long on Bitcoin.

“I think when the whale ratio goes below 95%, and if there are no significant changes on exchange inflows and outflows, especially inflows, and when the whales start withdrawing from exchanges, that’s going to be a short-term bullish signal I would say…

I’m still short-term bearish or going sideways, but the thing that makes me worried is that on-chain data can’t see the spot beat inflows from institutional investors like MicroStrategy and others, so the buying pressure from those spot beats inflows and also sentiment from people… People are [FOMOing]. It’s really scaring me so I’m thinking of closing my shorts if the price is going sideways for about three days.”

Featured Image: Shutterstock/Maria Harvey

The CEO of on-chain analysis firm CryptoQuant, Ki Young Ju, says Bitcoin whales are fueling the crypto king’s move to the downside.

In a series of tweets, Ju reports that significant inflows into exchanges from large investors began on Wednesday, which suggests the large BTC holders were ready to sell.

Despite the pullback, Ju remains convinced that BTC is on its way to $100,000.

“Whales are depositing BTC to exchanges. No doubt it’ll hit $100,000 this year, but in the short-term, if we wouldn’t see any significant buying pressure from Coinbase Pro, I think BTC would be bearish.”

Per CryptoQuant’s Exchange Whale Ratio indicator, the level is now above 85%, which indicates a bearish scenario. A level below 85% indicates a bullish scenario.

Ju adds that outflows from Coinbase normally head to the exchange’s vaults, which hold crypto on behalf of investors.

“It seems Coinbase significant outflows usually go to many cold wallets owned by the Coinbase OTC desk. Pretty good hit rate. Above 10k BTC is significant.”

The crypto analyst further explains that the Coinbase premium, which is the gap between Bitcoin’s price on Coinbase and Binance, is trending lower.

“There has been buying pressure that’s enough to make a $100 gap between BTCUSD in Coinbase and BTCUSDT in Binance. This might come from high net-worth individuals and institutional investors.”

Ju argues that large investors may be pushing the price lower in order to create a period of consolidation.

“It seems BTC sellers came from Coinbase. Coinbase Premium Index has been a negative value since an hour ago. Coinbase whales might want BTC to go lower for consolidation.”

Featured Image: Shutterstock/GUDKOV ANDREY

Calling the current BTC trends volatile is a bit of an understatement. It’s been a rollercoaster in 2017 with prices going from just under $1,000 back in January to over $15,000 by December. That sort of increase is due to attract some professional speculators. Enter the Quant trading systems. Quants are well-known by traders on Wall Street at this point and have revolutionized the way stocks are invested. “Quants” choose stocks to invest in based on complex computer models that attempt to get rid of the human error when choosing a stock to invest. The theory subscribed to the idea that certain factors, such as momentum and value, can help determine the worth of a stock more so than learning about a company and researching stock trends alone. This sort of investing had a major influence on the way stocks are traded nowadays, and now the ideology has its sight set on cryptocurrencies. The use of this type of thinking put onto the blockchain was first theorized by Stefan Hubrich, the director of asset allocation research at the T. Rowe Price Group Inc. He published an academic paper that linked certain factors with a higher return on investment than just buying and holding onto certain crypto assets, such as ICO tokens. This news has created a new area of study around cryptocurrencies. The idea is that if these factors hold true on the highly volatile blockchain, which tend to jump around more than just about any other currency in history, then it would help confirm the biases of human nature that quantitative investment theory posits do not exist solely on the stock market. Hubrich claims that there are three main factors to look at in a currency or digital asset. Those are the value, carry and momentum. These factors were first noticed in stocks, but Hubrich’s work is that of attempting to find an analog within cryptocurrencies. Due to the lack of historical data backing up his theory, there’s no consensus on whether Hubrich’s theories will hold true. Beyond that, the parallels between stocks and cryptos is not exactly concrete. For instance, Hubrich ascribes a token’s value to mean the network value versus the dollar volume in transactions, also known as NVT. Whereas for momentum he uses a smaller window of four-weeks compared to the general 12-months for equities due to the lack of data and simply the volatility of the market. Still, there has been some success using Hubrich’s system. One of the first to incorporate bitcoin into his CTA’s investments is Doug Greenig. His CTA, called Florin Court Capital, saw the opportunity within the crypto market, and using Hubrich’s research, has had a 15.5 percent return rate from April through October of this year. Comparing this to the 0.2 percent ROI for the Societe General AG CTA index speaks for itself. Greenig’s firm is now solely operating on exotic assets as of April 2017, while Hubrich is still researching deeply into crypto trends. As these returns hold up, expect big players to be entering the market soon with their own theories of crypto investment. Get Latest Bitcoin news straight to your email. Copyright © 2014 - 2018 by Bitcoins Channel. Made by Ever Smile Hosting

SIA, the leading European hi-tech company in the payment services and infrastructures sector, and Quant Network, a UK-based pioneering technology company, have signed a partnership agreement to explore blockchain interoperability and the creation of agnostic cross-platform applications and services for banks and financial institutions. The first interoperability tests will be executed on R3s Corda and private Ethereum platforms. The partnership aims to integrate Quant Networks blockchain operating system Overledger into the SIAchain infrastructure to enable interoperability, one of the biggest challenges and unmet needs faced by the financial industry to develop and implement blockchain and Distributed Ledger Technology based applications spanning different technologies.SIAchain is a private infrastructure leveraging on 570 European network nodes within SIAnet the fiber optic network with high-speed and low-latency stretching over 186,000 kilometres that supports financial institutions, corporates and public administration bodies in developing and implementing, in a secure, protected way, innovative applications based on blockchain technology. The SIAchain infrastructure makes available a series of business applications to meet the requirements of specific communities guaranteed by SIA of registered, approved members, in a context of transparency, confidentiality and security.Since the European launch of our private infrastructure SIAchain, we are at the forefront of innovation in blockchain technology with the aim of supporting financial markets with a high-performance and secure architecture and a clear governance model. We actively continue on our path of innovation and the achievement of a fully interoperable blockchain network is the foremost objective we want to reach with the collaboration of Quant Network and its disruptive vision on DLT, says Daniele Savar, Innovation & Business Solutions Director, SIA.Were pleased to collaborate with SIA to explore how Overledger can enable financial institutions on SIAchain or part of SIAnet to benefit from cross-platform and interoperable blockchain applications to embrace new business models, improve operational efficiencies and deliver new innovation to customers, commented Gilbert Verdian, CEO, Quant Network.