Maven’s Insights – July 2020

The U.S. Office of the Comptroller of the Currency (OCC), the US bank regulator, has announced that US banks will be allowed to hold digital assets for their clients. According to acting comptroller Brian Brooks: “This opinion clarifies that banks can continue satisfying their customers’ needs for safeguarding their most valuable assets, which today for…

Market update Q2’20

The second quarter of 2020 has been a wild ride in the blockchain industry. Bitcoin saw a ~44% price increase and other digital assets have also seen a lot of price action this quarter. Overall this resulted in an increase of market capitalization of digital assets of USD 100 billion this quarter. The Bitcoin halving…

The Bitcoin halving

Yesterday at 21:23:23 block number 629.999 was mined on the Bitcoin blockchain with a 12,5 Bitcoin block subsidy. This block marked the final block before the halving taking place and the last time the block subsidy has ever been in the double digits. At 21:23:43, a mere 20 seconds after the previous block, block number…

Market Update Q1‘20

What a way to start 2020, we cannot recall the digital asset market making such extreme highs and lows in one quarter. So much has happened over the course of this quarter that one would almost forget that Bitcoin was trading comfortably above $10.000 in February. It did so in anticipation of the halving. Around…

Market Update Q4‘19

In this quarterly update we will recap the fourth quarter of 2019, the year as a whole, and take a preview at 2020. The year 2019 has been a very interesting year on many fronts. A year which is perceived to be the second year of this extended bear market in cryptographic assets. Although that…