A New Chapter November 24, 2020 End of the Future As noted in the recent commentary the price action this week is expected to be impacted by the looming derivatives expiries, said otherwise range bound trade and any dips are expected to be bought up promptly. Still, despite the aforementioned expiries the curve structure remained rather steep and the open interest [...]
US tech sell-off continues as markets tumble for a second day February 23, 2021 Markets in the United States tumbled today, as a tech stocks in the US were hammered by a sell-off. The Dow Jones Industrial Average fell 0.06 per cent at the open, the S&P 500 fell 0.5 per cent and the Nasdaq Composite took the biggest hit, dropping two per cent. Large companies like Apple, Amazon [...]
What the Future holds November 23, 2020 Expiration this Friday Given the close proximity to an all time high, the temptation to look for higher levels is all too appealing. However, given the looming derivatives expiries at the end of this week on Friday may mean that some of the capital may look for opportunities elsewhere. At the time of writing the [...]
Pushing the Heights November 12, 2020 Upward Trajectory The reports that the Ethereum blockchain network suffered issues Wednesday morning, with knock-on effects at related service providers, were timely brushed off by market participants and the bullish camp regained upside momentum yet again. Bitcoin made another push towards the $16000 level as the total aggregate open interest (OI) hit another record high. [...]
Cryptoexchange Coinbase confidentially files for IPO December 17, 2020 Coinbase, one of the world’s largest cryptocurrency exchanges, has said it has submitted the necessary paperwork to officially go public in an IPO. The company said it had “confidentially submitted our draft registration (Form S1) with the Securities and Exchange Commission.” There had been rumblings of a float over the summer according to Reuters reports. [...]
Before the Bell: Focus on Andrew Bailey speech later today February 10, 2021 It was quiet in the markets yesterday as the overall outlook did not change. The same stories were circulating: vaccine rollouts and the prospect of additional stimulus from the US. Late last week, it was revealed the Democrats decided to try and implement the proposed $1.9 trillion spending package without receiving approval from the Republicans [...]
Investors are balancing crypto volatility with lower-risk bets, study shows June 17, 2021 Investors are offsetting crypto risk by diversifying their portfolios with lower-risk bets, according to new research. The digital currency has seen a period of intense popularity recently due to increased savings during the pandemic, as well as through endorsements from big corporations and influential public figures. Money management fintech Plum today published new data on [...]
Whipsaw Markets November 10, 2020 Macro Matters A strong wave of risk-on flow emerged yesterday following reports that Pfizer’s COVID vaccine candidate prevented 90% of infections in the latest study. As a result, the equities market surged higher, with the German DAX index trading up over 5% and US markets moving nearly as high at the open, while gold fell [...]
Leeds United, Everton and Aston Villa have Premier League’s worst performing fan tokens – but do supporters really care? February 8, 2023 Fan tokens have performed badly over the last year with Leeds United, Everton and Aston Villa showing the worst returns, but do supporters really care?
Chickey Chik hatches a plan to bring NFTs to the masses January 28, 2022 This week, Monty's looking at a clever project aimed at opening up the often exclusive world of NFTs to everyone.