Uber Bullish? December 7, 2020 In range… The market remained well within the recent range and given the persistent leverage interest as evidenced by the steep contango term structure and futures & options open interest (OI) near record highs, suggests further upside barring any unexpected developments. The major risk associated with the “uber bullish” market is crowded trades and this [...]
Our three-year journey creating the INX token, the first SEC-registered Security Token IPO! December 7, 2020 It was considered an astronomical undertaking, but during the 2017 ICO boom, I knew that it was high time for a major shift to take place in capital markets: The regulation of blockchain assets under the Securities Act. ICO’s at that time were considered relatively new to financial markets, but since they weren’t IPO’s, they [...]
The bitcoin & crypto bull run is just getting started! December 4, 2020 Bitcoin has undoubtedly had an amazing week having made new all time highs on the largest bitcoin exchange by way of volume CME Group. The fact Bitcoin did not make a new all time high on retail exchanges and only on institutional trading platforms like CME points to who is really driving this bull run [...]
ETP and gold flows December 4, 2020 Twenty-one percent of all dollars in circulation were printed in 2020 a number that tends to be mentioned a lot by monetary policy doomsayers and Bitcoin maximalists alike; on the other side of the fence, arguments are that inflation is nowhere to be seen, let alone hyperinflation. With interest rates expected to remain near record [...]
Game of Alts December 4, 2020 Beacon of Future Hope The focus may be on Bitcoin and its seemingly inevitable run up to $20,000, but Ethereum looks particularly well-positioned for further upside. Fundamentally, the absence of any major network issues following the launch of the 2.0 Beacon chain supports bullish price outlook. Technically, $620 is proving to be the key level [...]
The Future is Decentralized: 5 Reasons Why DeFi’s Cool-down Will Be Short Lived December 3, 2020 DeFi was once the hottest crypto trend of 2020, but the sector’s recent slowdown has some wondering whether the boom times are over. While Bitcoin’s taken the spotlight for now, crypto enthusiasts take heed: it would be unwise to count DeFi out. The decentralized finance (DeFi) sector started out as a relatively niche market before [...]
Choppy waters December 2, 2020 The Race to 20k The price action into the key $20,000 level is getting choppy but it is important to keep abreast of the bigger picture and that is ultimately, the trend higher remains firmly intact. Despite the aforementioned choppy price action, the futures aggregate open interest (OI) edged back towards highs printed last week [...]
Tokenisation of shares in a company; what is it really? December 1, 2020 We hear about tokenisation of shares regularly. But what does it actually mean? To answer the question we must confront the fact that English company law did not anticipate developments in technology. Considering tokenisation in practice requires an analysis of how the characteristics of ‘tokenised’ shares relate to the particular requirements of English company law. [...]
Crypto AM shines its Spotlight on The Universal Protocol Alliance December 1, 2020 Climate change is undoubtedly becoming one of the most dominant issues that we as humans are unanimously facing across the globe (perhaps only second to the pandemic) The world emits about 43 billion tonnes of CO2 a year and pretty much everything we buy as consumers has a carbon footprint. Carbon Credits were introduced in [...]
From Crypto to Tokens. The Great Migration December 1, 2020 My journey to crypto was not direct. I’d spent 20 years working for traditional banking houses, trading foreign exchange for Morgan Stanley, Merrill Lynch and others. The high points in my career came during the most chaotic times, managing trading books through devaluations in Asia, Latin America and Iceland. I spent my first career studying [...]