DDI Blockchain Weekly (October 8th – 14th)

3 min read

Most projects saw red during the last week as crypto markets shed around $20 million, and total market capitalization returned to $200 million. The drop was particularly pronounced on Thursday, when $6 billion was wiped out, and led by drops in Ripple and Ethereum. Although no single issue seems to have triggered the drop, markets are unlikely to have been buoyed by Nouriel “Dr.Doom” Roubini taking to the Senate floor to decry crypto as “the mother or father of all scams and bubbles.” Nonetheless, markets held firm until the end of the week. Blockstream’s Liquid network for Bitcoin payments goes…...

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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.