DDI Blockchain Weekly (October 1st – 7th)

2 min read

A modest sell-off capped off a rather unspectacular week for crypto markets. Market capitalization hovered around the $220-billion for much of the period, while Bitcoin continued to fluctuate around $6500, eventually losing around 1% by the end of the week. With other cryptocurrencies shedding slightly more, Bitcoin dominance crept above 52%. Bitcoin soon to begin hosting ICOs? It was revealed last week that the world of crypto funding could be dramatically transformed before the end of the year with Initial Coin Offerings reportedly coming to Bitcoin. A new sidechain developed by RSK will enable the Bitcoin blockchain to host ICOs…...

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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.