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MIT Group Funding Shows Growing Crypto Trading Interest

Floating Point Group, or FPG, a startup delivering institutional crypto traders automation technologies, garnered $2 million of capital from several entities."It's becoming clear that sophisticated quantitative traders and platform developers are viewing the cryptocurrency markets as an exciting new opportunity," FPG CEO John Peurifoy explained in a May 28 statement. The funding

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More Crypto Development Means More Trading Returns, Findings Say

A new report preprint shows a correlation between crypto asset prices and their code developers. "We reveal that the first coding event linking two cryptocurrencies through a common developer leads to the synchronization of their returns in the following months," said a preprint research report titled, From code to market: Network of

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