Bitcoin & Cryptosee more…

  1. 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.

  2. XET Beating XBT, But Awaiting Next Bull Phase in the Legs

    Robin Wilkin

    Perhaps due to the risks around the debt ceiling and the USD rallying, crypto is continuing to ignore the move and de-couple from the Nasdaq. The technical outlook still views the price action as corrective.

  3. Crypto Index Tracker: Turbulent Times for Crypto

    Dalvir Mandara

    Crypto markets have tracked lower this week as investors digested the potential of a US debt default as well as comments from the latest FOMC minutes.

  1. Looking for a New Bull Phase in Crypto

    Robin Wilkin

    The macro backdrop has been complicated by the US debt ceiling debacle. However, on the basis that it gets resolved, recent data has pushed market pricing back towards further tightening from the Fed and he risk we are still in between mid-late cycle...

  2. Crypto Index Tracker: Metaverse Outperforms

    Dalvir Mandara

    U.S dollar strength. The correlation between bitcoin and the U.S. dollar index (DXY) is typically negative, and the upward momentum of the DXY throughout the week has weighed on crypto markets.

  3. Crypto Correction Nears Ideal Region for Higher Low, Return to Trend

    Robin Wilkin

    US rates remain in a choppy corrective range, even after the recent Fed meeting and CPI print this week. Considerable focus has been shifted onto employment – the 4-week moving average of US jobless claims this week rising out of the recent range – as that is considered a key to equity performance going forward.

Crypto Index Tracker: Crypto Markets See Red After CPI Report

Dalvir Mandara

April CPI showed no incremental progress on disinflation. Here are some of our main takeaways:

How Has Ethereum Performed Since the Shapella Upgrade?

Dalvir Mandara and Bilal Hafeez

Trading View (next 2-4 weeks): We like to be slightly bearish ethereum. Investment View (next 1-3 years): We like to hold ethereum.

  1. Best Time to Invest in BTC: Should I Buy Bitcoin Now?

    Bilal Hafeez and Dalvir Mandara

    We look at the latest bitcoin trends, including macro risks and on-chain/flow metrics, to reveal the best time to buy bitcoin and the risks of buying BTC.

  2. Is ETH a good investment? Will ETH go up or keep dropping?

    Bilal Hafeez and Dalvir Mandara

    We look at the latest ethereum trends, including macro risks and on-chain/flow metrics, to reveal the best time to buy ethereum and the risks of buying ETH.

  3. Ongoing Correction Within Underlying Bull Trend

    Robin Wilkin

    This was one of the lowest volatility weeks we have seen this year, considering the Fed and ECB raised rates. While the Fed shifted a little more to being data dependent, the ECB retained a far more hawkish stance. 

Crypto Index Tracker: Are Crypto Markets Underpricing the Fed?

Dalvir Mandara

The Federal Reserve (Fed) hiked 25bps on Wednesday, in line with market consensus and our own expectations. Crypto markets, having experienced an uptick after the news, appear to be pricing in the end of the tightening cycle.

Technicals Suggest Broader Crypto Correction, Aligned With More Hawkish Fed

Robin Wilkin

A big macro week is ahead with a plethora of central bank meetings, but the focus is obviously on the Fed and forward guidance. For crypto, it will be the effect this has on the US equity market, but particularly the Nasdaq.

  1. Crypto Index Tracker: Bitcoin Outperforms But Macro Headwinds Remain

    Dalvir Mandara

    It has been a volatile week for crypto markets. Bitcoin started to rally on Tuesday as trust eroded in the banking system – First Republic Bank’s shares were down -50% after it announced a $100bn drop in deposits in the first quarter a day earlier.

  2. Will Inflation Worries Doom the Bitcoin Rally?

    Dalvir Mandara and Bilal Hafeez

    March US CPI showed no incremental progress on disinflation (a smaller decrease in used car prices offset a slower increase in shelter costs).

  3. Crypto Pullbacks Still Look Corrective, With Long Positioning Being Reduced

    Robin Wilkin

    While the macro environment remains complicated, the recent higher inflation readings out of the UK and the stronger than expected US PMI readings keep the focus on central banks still in tightening mode.

Crypto Index Tracker: Crypto Markets Pull Back This Week

Dalvir Mandara

This week, crypto markets sold off as markets refuelled expectations that the Bank of England (BoE) will hike 25bps in May and June, following a hotter-than-expected UK inflation print (headline: +10.1% YoY, core: +6.2%).

Crypto Enters Next Bull Phase, With Pullbacks to Remain Corrective

Robin Wilkin

The macro environment remains complicated. While the banking crisis seems to have abated for now, the market is still grappling with the view the Fed will have to cut rates in H2.

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?

View all articles in "Bitcoin & Crypto"…

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