As predicted in the last edition, bitcoin has broken to a new high. The volcano erupted once again. For good reason: new regulation in the USA will enable wealth management and traditional finance to engage and invest in this new asset class.
The importance of this cannot be overstated. Crypto is coming your way, and if you’re an investment professional you will be left behind if you don’t find out what it’s all about.
We also ask “What’s Next” for BTC after a remarkable sequence of similar patterns over the last three years. It’s unlikely to look the same going forward, but that’s structurally bullish. Higher prices, lower volatility.
Our ETH upgrade has worked spectacularly well. It’s up 38% since (and up 26% relative to BTC). But will altcoins continue to rally or flounder? We provide some thoughts.
- Technical: BTC breakout, is it time for alts, ETH wakes up, outlook for alts
- On-Chain: Average transaction rises above US$40k
- Macro: Turning point for insto adoption, “Crypto week” in the USA
- Decentralised Disrupters: UK tokenises FX
