Aug 24, 2023 | Chainletter
A lot of markets are very soft at the moment. The combination of regulation and elevated interest rates has removed liquidity from the crypto market, which is the oxygen of its growth. Look closely, however, and the signs are that things are slowing across global...
Aug 16, 2023 | Chainletter
Global markets are on edge. Many of the reasons why are fundamental to the reasons why bitcoin was originally conceived. Whether it can withstand a liquidity shock remains to be seen, but the pre-conditions to greater adoption are becoming firmly entrenched....
Aug 9, 2023 | Chainletter
The technical and macro set-ups suggest that something is about to happen. If there is a wobble in bond markets and it spreads to other risk assets, it is likely that authorities will be quick to provide remedial treatment. This should be where “hard money” –...
Aug 2, 2023 | Chainletter
The Fitch downgrade of the US credit rating is a reminder of how parlous global finances are. In that context it’s no surprise that the quality of Bitcoin holders continues to improve, while weak hands have been flushed out. Technical Analysis Long term holders grow...
Jul 25, 2023 | Chainletter
Short term consolidation around the US$30,000 level remains the base case, with more substantial moves anticipated towards the end of the year. Investor focus for the time being should be on the technology and fundamental use cases. Technical Analysis Still in an...
Jul 18, 2023 | Chainletter
Markets are quiet, because regulation has pulled liquidity out of the crypto eco-system. Yet price behaviour remains resilient and the technology becomes ever more practical. Don’t expect short-term fireworks, but this is a classic time to be accumulating. TECHNICAL...
