August 2019 - Market Update

August 2019 - Market Update

July was nothing short of historic for Bitcoin and crypto as a whole. In a single seven day stretch, 1) The Chairman of the Fed testified to Congress about it; 2) The President tweeted about it; 3) The Treasury Secretary gave a formal press conference about it; and 4) Congress questioned a Facebook executive and other crypto ecosystem participants for two days about it…

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July 2019 - Market Update

July 2019 - Market Update

To that end, we are well on our way to new ATHs for BTC after a truly spectacular Q2-19 - the fourth best quarterly performance since 2012. In our Monthly Update letter that went out June 1st we said, “last month we stated that new all-time highs were well within reach for 2020. We now believe that may have proven too conservative, and there is a meaningful chance new ATHs are possible in 2019, and likely in 2020”.

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Crypto Chiefs Novogratz, Allaire Say Facebook’s Coin Is a Bullish Sign

Crypto Chiefs Novogratz, Allaire Say Facebook’s Coin Is a Bullish Sign

The digital coin introduced by Facebook Inc. is not competition for Bitcoin; it’s proof that cryptocurrencies will play a valid role in today’s economy.

That’s the view of some of the biggest names in the crypto industry. The heads of investment firms, trading companies and technology outfits say Libra, the token Facebook is developing in partnership with the likes of Visa Inc. and Uber Technologies Inc., is a boon for Bitcoin and the broader crypto sector, although some say they’re nervous about whether Facebook will have access to financial data and how that will be regulated.

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June 2019 - Market Update

June 2019 - Market Update

The meme “the herd is coming” is actually beginning to play out. The meme of “get off zero” is gaining real traction. Many new projects are set to launch through year-end. Human and financial capital are pouring into the space to provide the necessary products and services to scale crypto to a multi-trillion-dollar asset class. It’s happening, and it’s happening quickly. 

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Bitcoin: An insurance policy against the largest monetary and fiscal policy experiment in human history

Bitcoin: An insurance policy against the largest monetary and fiscal policy experiment in human history

More than a decade ago, on the back of the global financial crisis, the world began the largest monetary and fiscal policy experiment in human history: globally-coordinated quantitative easing while running massive deficits on top of increasingly untenable debt levels. That ‘experiment’ is now 10 years old and facing daunting challenges, because risk assets are now entirely reliant on cheap money.

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April 2019 - Market Update

April 2019 - Market Update

With a few months of hindsight, it may make complete sense that the U-turn on central banks’ monetary policy put the bottom in for crypto. Look around at the world – politicians, Wall Street, big tech companies. The world needs Distributed Ledger Technology and crypto assets and the potential they bring now more than ever. We are in the midst of a Trust Revolution.

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