DDI Blockchain Weekly (August 6th – 12th)

2 min read

It was a week of both highs and lows. On Saturday, the crypto market as a whole plunged to fresh lows for 2018, as total market capitalization slumped to under $212 billion on Saturday, a level last seen in November 2017. At almost the same time, meanwhile, Bitcoin dominance surpassed 50% for the first time since last December. Source SEC Delays Bitcoin ETF Decision September 30th. That’s the date to which the SEC decided to push its final decision on approval of a proposed rule change for a Bitcoin exchange-traded fund. The US financial regulator revealed on Tuesday that it…...

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Dr Justin Chan Dr Chan founded DataDrivenInvestor.com (DDI) and is the CEO for JCube Capital Partners. Specialized in strategy development, alternative data analytics and behavioral finance, Dr Chan also has extensive experience in investment management and financial services industries. Prior to forming JCube and DDI, Dr Chan served in the capacity of strategy development in multiple hedge funds, fintech companies, and also served as a senior quantitative strategist at GMO. A published author at professional journals in finance, Dr. Chan holds a Ph.D. degree in finance from UCLA.