AllianceBlock — Announcement Channel

2021-04-21 18:29:33 Boxmining interviews CEO Rachid about everything AllianceBlock

Co-founder and CEO Rachid Ajaja featured on the highly popular Boxmining YouTube channel today.

He spoke with Michael Gu about all things AllianceBlock, including:

What AllianceBlock is
Why we want to bridge TradFi and DeFi
Showing a sneakpeak of our new Funder product

and much more!

You can find the interview here:

Open / Comment

2021-04-21 13:00:01 Join our Co-founder Matthijs de Vries in todays AMA starting in 30 minutes!


Where: @getrichwithmandygroupchat

When: 10:30 AM UTC

We are excited to answer all your questions around the recent developments, partnerships and discuss what the future holds for AllianceBlock! Open / Comment

2021-04-20 13:37:25 Amber Ghaddar featured in Forbes

AllianceBlock's Co-Founder Amber Ghaddar was quoted in Forbes on Bitcoin's weekend trading movements commenting that:

A Twitter account called FXHEDGE posted - without citing sources - a supposedly false allegation that the US Treasury plans to charge several financial institutions for money laundering through cryptocurrencies. This was followed by a second tweet where they correctly linked the sell-off to miners going offline in Xinjiang region in China due to a grid blackout. It's possible that this event contributed to bringing the hashrate down by close to 50%.

However, despite the false allegation, the slump in hashrate, miners selling 9K bitcoin and the relative lack of liquidity on weekends, the market is still unlikely to have sold off as much. The real culprit is linked to margin trading where we saw circa $8bn in liquidation in around 1,000,000 different trading accounts.

Still, the fundamentals have not changed and the market is recovering swiftly. Prior to this correction many of our onchain indicators were in the red, indicating that BTC was trading at a high premium relative to Fair Value. The current correction has brought back a substantial number of our onchain indicators into the green.

You can find the full article here:

Forbes - https://www.forbes.com/sites/cbovaird/2021/04/19/bitcoin-prices-bounce-back-after-falling-more-than-15/?sh=25d9829c766c Open / Comment

2021-04-17 11:12:38 AllianceBlock Co-Founders in the News

We are happy to share continued media coverage of Rachid Ajaja, our CEO and Co-Founder, and Amber Ghaddar, our Co-Founder, following their comments about the Coinbase direct listing.

Rachid: "The Coinbase listing should bring further attention to cryptocurrencies and will help further legitimize it. You also have more and more financial institutions coming into crypto."

Amber: “Based on valuations in European private markets, Coinbase was trading at a $150 billion valuation this morning (higher than the LSEG, ICE and CME market cap combined), and at close to 60 price to sales ratio, while other exchanges trade between 3 (Nasdaq) to 15 (CME). This is further proof that the framework of traditional valuations is broken and the current euphoria, driven in part by helicopter money, is nothing but unsustainable.”

- Maxim - https://www.maxim.com/news/coinbase-ipo-ceo-wealthiest-men-in-the-world

- CNN Philippines - https://cnnphilippines.com/business/2021/4/15/Coinbase-goes-public-with-a-nearly--100-billion-valuation-.html

- Protos (also featured in Coindesk’s newsletter) - https://protos.com/coinbase-acquisitions-coin-crypto-amazon-armstrong-is-bezos/

- Traders DNA - https://www.tradersdna.com/what-does-coinbases-listing-mean-for-the-future-of-the-crypto-industry/

- Cryptomonnaies - https://cryptomonnaies.io/liste-coinbase-coin-signifie-marche-crypto/ Open / Comment

2021-04-16 14:13:11 We're proud to be one of the Consensus 2021 Sponsors

We're excited to be part of an event bringing together the world's biggest DeFi and blockchain projects and look forward to sharing more details soon: https://twitter.com/allianceblock/status/1383009745871704064 Open / Comment