Crypto Bulletin – Week 183
The week that ended yesterday ended modestly higher for the cryptocurrency market, with the price still below $40,000 apiece for bitcoin. Again this week, many indicators, both fundamental and technical, are battling it out for future price direction. While that direction to come is unknown, the factors seem to be in place to create some fireworks in the near term. Let’s elaborate on that.Read more >
Crypto Bulletin – Week 182
We mentioned last week that we had managed to avoid the worst of the correction for investors in the Rivemont Crypto Fund. We can now quantify those results. Indeed, the Fund was down 4.1% during the month of May, compared to a 35.5% decline in bitcoin for the same period. The Fund also greatly outperformed our benchmark, the Barclay Cryptocurrency Index.Read more >
Crypto Bulletin – Week 181
A rather quiet week in the industry and on the cryptocurrency market, especially when compared to the whirlwind of the first half of the year! Are we witnessing the calm before a new surge in the current bullish cycle, a period of accumulation or a trend reversal? As you read this letter, you will see that we are approaching pivotal moments for the future. First, let’s take a look at what’s been in the news.Read more >
Crypto Bulletin – week 180
A major turning point in the last few hours as the price of bitcoin has moved back north of $40,000, and Ethereum is approaching $3,000 again. While the technical picture remains in a zone of uncertainty, indicators that the worst is behind us seem to be multiplying. We will come back to the price evolution and the scenarios to be observed in the second half of this letter, let’s first review the news of the last seven days. They have been particularly relevant during this period, doing a real 180 degrees from the sentiment at the beginning of the month.Read more >
Crypto Bulletin – Week 179
Belle correction sur le marché des cryptomonnaies. Cette dernière s’inscrit désormais dans la veine des plus rapides observées dans le grand livre de l’industrie. Pour la semaine s’étant terminée hier, le BTC était en baisse de près de 25%. Il s’ajoute une baisse pratiquement identique aujourd’hui seulement, du moins au moment d’écrire ces lignes. Les altcoins ne se portent guère mieux.Read more >
Crypto Bulletin – Week 178
This Wednesday began with the release of the U.S. consumer price data. The index jumped by 4.2% while estimates were around 3.6%. This annual increase is mainly explained by the last month, which recorded an increase of 0.8% against 0.2% expected. In short, inflation is on the rise, a scenario that was expected with the massive capital injections under the Fed’s economic stimulus plans.Read more >
Crypto Bulletin – Week 177
The trend that has been going on for several weeks now has once again accelerated in the last few days, namely that of an altcoin season that has seen bitcoin’s dominance of the total cryptocurrency market capitalization decline. Bitcoin’s capitalization is now well below 50%, standing at exactly 45% at the time of writing. This level has not been seen since 2018.Read more >
Crypto Bulletin – Week 176
The week began with the Tesla’s first quarter earnings call. What does this have to do with cryptocurrencies? In fact, quite a lot, since the company announced that it had converted some of its treasury into bitcoin, as well as it is now accepting payments in cryptos for the sale of its vehicles. So what have we learned?Read more >
Make an appointment today
Make an appointment today with our portfolio manager.
We will be happy to contact you within the next 48 hours. For any questions, do not hesitate to contact us directly.
Subscribe to our financial letter!
On a quarterly basis, we mail out a financial letter to all of our current and potential clients.
In order to be added to the mailing list, please enter your full name and email address below.