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Bitcoin & Cryptosee more…

  1. Two Key Weeks Ahead for Bitcoin and Ethereum

    Robin Wilkin

    We have a huge couple of weeks ahead from a macro standpoint. The Fed will be the focus of attention from crypto’s perspective.

  2. Crypto Index Tracker: All Sectors in the Red

    Dalvir Mandara

    Weak earnings reports in the tech sector weighed on crypto markets this week. The S&P 500 and the Nasdaq slumped yesterday after Tesla and Netflix shares plunged following the release of their quarterly earnings.

  3. BTC, ETH Hold Resistance on Rise to New Highs

    Robin Wilkin

    Crypto seemed to react far more to the Ripple news than macro developments, but both Ethereum and Bitcoin are holding technical resistance levels and struggling to gain real momentum.

  1. Crypto Index Tracker: Smart Contracts Lead the Pack as Crypto Indexes See Green

    Dalvir Mandara

    Bitcoin hit a 13-month high of $31,500 yesterday before falling below $30,000 after the US ADP private sector employment report revealed 497,000 private-sector jobs were added in June against expectations of 220,000.

  2. 62% of the Ethereum Supply Has Not Moved in at Least a Year

    Bilal Hafeez, Dalvir Mandara

    Trading View (next 2-4 weeks): We like to be slightly bullish ethereum.

  3. Consolidation Still Ahead of the Next Leg Higher

    Robin Wilkin

    Bitcoin and Ethereum remain in a consolidation/correction phase, but the underlying structures remain bullish at this stage.

Crypto Index Tracker: Privacy Coins Lead the Charge

Dalvir Mandara

Bitcoin hit a 13-month high of $31,500 yesterday before falling below $30,000 after the US ADP private sector employment report revealed 497,000 private-sector jobs were added in June against expectations of 220,000.

Crypto Consolidation Ahead of the Next Leg Higher

Robin Wilkin

Bitcoin and Ethereum have shifted in the last week into a consolidation phase, after the aggressive rally the previous week driven by the institutional interest.

  1. Crypto Index Tracker: Crypto Hangs in the Bullish Balance

    Dalvir Mandara

    Crypto markets have rallied this week, fuelled by well-known institutional players including BlackRock, Invesco, and Wisdom filing for spot Bitcoin ETF’s.

  2. Momentum Reversal Re-Energizes Bullish Crypto Outlook

    Robin Wilkin

    My studies last week increased the risks that we were developing into a lower-range environment. But the aggressive rally this week re-energizes the bullish outlook, targeting new highs for the year in the coming weeks.

  3. Crypto Index Tracker: Institutional Interest Drives Crypto Rally

    Dalvir Mandara

    Crypto markets have rallied this week, fuelled by well-known institutional players including BlackRock, Invesco, and Wisdom filing for spot Bitcoin ETF’s.

Crypto Breaks Support Levels, Negating Bullish Outlook

Robin Wilkin

Ethereum and Bitcoin dropped sharply through important technical support levels and negated the previous bullish outlook, at least for now. The technical outlook has become confused/mixed as a result and pushes us to a more neutral stance.

Crypto Index Tracker: Inflation and Central Banks Shake Crypto Markets

Dalvir Mandara

It has been another volatile week for crypto markets, following key inflation data and central bank meetings.

  1. What Does the SEC Crackdown Mean for Crypto?

    Bilal Hafeez, Dalvir Mandara

    We expect no hike tomorrow and no increase in the median 2023 dots, but we do still expect two hikes by end-2023 based on no expectation of significant disinflation over the remainder of the year.

  2. Key Supports Hold, But Upside Momentum Needed Soon

    Robin Wilkin

    There is a potentially a key week ahead for the macro world, with the latest US CPI inflation report ahead of the Federal Reserve and then the ECB meetings.

  3. Crypto Index Tracker: SEC Takes Aim at Crypto

    Dalvir Mandara

    It has been a volatile week for crypto markets following back-to-back SEC litigations against Binance and Coinbase – two of the largest cryptocurrency exchanges in the world by trading volume.

Crypto Chart Structures Remain Bullish

Robin Wilkin

One market risk has been taken away with the agreement to raise the debt ceiling. Yet, the recent data leaves it more likely the Fed will remain on hold in June as they have suggested although recent Fed comments have been mixed in regard to hike or hold.

Crypto Index Tracker: Crypto Markets Tick Higher

Dalvir Mandara

Crypto markets have trickled higher over the past week with markets failing to price a June FOMC hike despite a debt ceiling resolution and monstrous NFP outturn.

Investing in Bitcoin & Cryptocurrencies

Bitcoin and the crypto revolution are no longer nascent. With the length of the blockchain continuing to grow and decentralised finance (DeFi) gaining ground over traditional finance, this new asset class is reshaping the investment landscape.

To invest in cryptocurrency, we must first understand it. Crypto tokens are unlike any traditional asset class. And they are all different. Just because you understand bitcoin, does not mean you know how ethereum works.

Each currency has different underlying protocols and technology. That impacts how they trade, their volatility, and how you can value them. Some are more like stocks, others commodities, and others currencies. And each crypto token has a unique structure of supply.

We think crypto markets are a worthwhile long-term investment. The technology can capture market share on some existing markets like payments and stock trading while creating new markets like valuable scarce digital assets.

Your exposure to bitcoin needs to be appropriately sized so that you can survive 50% to 80% drawdowns. Drawdowns provide good entry levels for exposure, but we would not go max long in an environment of rising central bank rates and falling global growth momentum.

Our Top Articles on Crypto:

Is Now a Good Time to Buy Bitcoin?
Is Now a Good Time to Buy Ethereum?
How Safe is Tether?
Stablecoin: What Should an Investor Know?

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