The last two weeks have seen a much welcomed rebound in Crypto markets. Just when total doom and gloom was threatening to take over, no additional rate tightening news from the Federal Reserve and the possibility of a coming resolution of the Russia-Ukraine war seem to have lifted market spirits. The recent announcement by the Luna Foundation that it has purchased more than $1bn of Bitcoin since January to strengthen its reserves has certainly helped as well.…
Technological breakthroughs are all about timing. Dropbox famously benefited from launching at the time when the first Smartphones started emerging and suddenly file-syncing between devices started to matter. Virtual Reality is slowly grinding its way towards adoption with new devices coming out. Similarly, Cryptocurrencies emerged at just the right time. In the aftermath of the Financial Crisis of 2008, the trust in traditional financial institutions was damaged whilst loose monetary policies encouraged a generational run-up…
To casual observers, much of today’s Decentralized Finance (DeFi) might look like a collection of Ponzi Schemes. Projects bootstrap by offering high APYs for their token and design complex systems around them to attract DeFi power users who are rushing in to capture short-term high returns. The high APY leads to more and more tokens being released which in turn destroys the price of the project’s coin and leads to a long decline. This sounds…
Bear markets are normally the time when traders overreact to any piece of bad news. Events that would barely cause a flinch in a bullish market can drive markets down significantly in a bear. It is therefore somewhat unexpected to watch the resilience of crypto prices over the past days. Despite an ongoing war, the confirmed spectre of incoming Federal Reserve rate hikes and increasing regulatory pressure coming from the US and elsewhere, BTC, ETH…
When the world is on fire, it is not a good time to talk about prices. There are more important things in the world. Those things however go beyond the scope of this newsletter and markets do not sleep. Global markets, whether crypto or equities, have seen major drops over the past 24h as Russia’s invasion of Ukraine kicked off. Crypto’s Market Cap dropped more than 10% within minutes when events first started to unfold.…
The Crypto market never sleeps and always evolves. So do we. We are working hard every day to deliver to our traders the most powerful options to build profitable automated trading strategies. Choosing the best exchanges is definitely a crucial part of any trading system. Today we are thrilled to announce a new strategic partnership with the OKX exchange. OKX represents a reliable option for crypto traders and is a great trading venue for cryptocurrencies.…
Crypto and decentralized finance (DeFi) have garnered massive popularity across the globe over the last two years. The promise for a high return on investment is one of the primary factors that lure people to invest in new coin launches and DeFi projects. Like any other new lucrative technology, the two industries have a fair share of bad actors and scammers who target investors that are not familiar with the industry or just interested in…
NFTs, also jokingly referred to as ‘JPEGs’ in the crypto community, have entered the mainstream. Whether it’s at dinner conversations, celebrities using Ape NFTs as their Profile Picture on social media or big brands like Coca Cola launching NFT collectibles, NFTs are clearly the ‘flavor of the day’. The chart above shows how searches for NFTs have surpassed searches for BTC and are well ahead of Blockchain and DeFi. Why should this be of interest…
News that US Law Enforcement have seized 94,000 Bitcoin worth $3.5 billion that had been stolen in a Bitfinex hack back in 2016 could have easily spooked the markets. Not only does it once again bring cryptocurrencies into the spotlight in relation to hacks and frauds, but the expectation is also that US authorities will auction off the seized Bitcoin right into the market. Yet, over the last days markets have continued to rally. So are…
The rally of the past few days might have reignited your hopes that the Bull market is back. Some of the top 20 coins like Ethereum or Solana have seen 15%+ growth over that period. Are we going back to Up-Only market conditions? The chart above says otherwise. ‘Wait’, you might be thinking. What does Meta’s, Facebook’s parent company’s, unprecedented 25%, $237bn 1-day crash have to do with Crypto? The answer is: Even if we…