Author: Victor Koetter

Victor has been actively involved in the crypto scene since 2019 and sees great potential in the possible applications of the technology and the resulting innovations. At the Crypto Valley Journal, he is responsible for the coverage of the topics NFTs & Metaverse. In 2021, he also co-founded the Swiss NFT Association. The association forms a knowledge hub around the topic of NFTs and organizes regular informative events.

Jump Crypto, the cryptocurrency division of the US-based proprietary trading firm Jump Trading, has sold millions of digital assets during the recent market slump, adding to the selling pressure. The history of Jump Crypto is intriguing, much like its behavior during the crypto selloff over the weekend. Jump Crypto is a division of the Jump Trading Group, a global leader in the development and investment of Web3 infrastructure. The company is involved in building and supporting blockchain technology. Jump Trading specializes in algorithmic, high frequency trading and market making. Building on the parent company’s expertise in traditional markets, Jump Crypto’s…

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The Markets in Crypto-Assets Regulation (MiCA), partly effective as of June 30, 2024, is a comprehensive regulatory framework established by the European Union. MiCA aims to foster innovation, ensure market stability and protect investors in the multi-trillion crypto markets – with an emphasis on stablecoins. The framework meticulously lays out how stablecoins and their issuers should be regulated in the European Economic Area. MiCA classifies stablecoins as either asset-referenced tokens (ARTs) or e-money tokens (EMTs) based on their underlying value and stabilization mechanism. ARTs are backed by a basket of assets, while EMTs are backed by a single fiat currency.…

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In the latest twist in the Mt. Gox saga, recent data suggests that creditors of the fallen bitcoin exchange are exhibiting unexpected behavior. Creditors are largely choosing to “hold” their bitcoin, resulting in minimal selling pressure. The lack of selling pressure is particularly notable given bitcoin’s remarkable price appreciation since 2014. The Mt. Gox exchange, which handled 70% of all bitcoin transactions at the time, collapsed in 2014 amid a massive security breach. Now, a decade later, it is in the process of redistributing its assets to creditors. To date, 59,000 BTC worth nearly $4 billion have been paid out.…

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Morgan Stanley has given its financial advisors the green light to offer bitcoin exchange-traded funds (ETFs) to wealthy clients. The move is a clear sign of recognition for the new asset class. It signals the growing acceptance of cryptocurrencies in mainstream finance. Morgan Stanley announced that its financial advisors will allow certain clients to trade bitcoin exchange-traded funds (ETFs). The multinational investment bank, which operates in more than 41 countries and employs more than 75,000 people, manages approximately $1.5 trillion, according to its 2023 annual report. Until now, the Wall Street giant, one of the top five investment banks in…

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Today marks the beginning of the world’s largest Bitcoin conference in Nashville, Tennessee. The conference spans three days and boasts an impressive lineup of ranging from politicians, financial professionals, founders and technical experts. Donald Trump and Elon Musk are expected to also make an appearance. Bitcoin (BTC) is the first cryptocurrency to be developed, leading in terms of market capitalization. It functions as a form of digital money stored on a decentralized network called the blockchain. The so-called “digital gold”, a nickname bitcoin received due to its pre-determined scarcity of 21 million coins, was introduced by an anonymous entity or…

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Meme coins are a type of cryptocurrency inspired by jokes circulating on the Internet. Meme coins are designed to be funny and have no initial intrinsic value. The coin’s price is largely driven by internet narratives and community engagement. Their popularity is triggered by viral online content such as tweets, videos or news. One of the first meme coins to be launched and the most notable by market capitalization is Dogecoin (DOGE). The cryptocurrency was created in 2013 by software engineers Billy Markus and Jackson Palmer. The coin is famously branded with the image of a Shiba Inu dog. Dogecoin…

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