Crypto Bulletin – Week 196
The week that ended yesterday for the Rivemont Crypto Fund was one of timid recovery on the markets following the sudden drop on September 7th. The bullish technical picture remains intact, however, with a golden cross emerging today for bitcoin. While we’ll come back to what prices are telling us in the 2nd half of this letter as is the tradition, let’s first talk about the fundamental expression of the current cryptocurrency market. We sometimes stick our noses too close to the prices to see the giant steps the industry has taken. Let’s address them.Read more >
Crypto Bulletin – Week 195
September 7th, 2021 was to be a historic day in the history of bitcoin. For the very first time in its short life, a country adopted it as legal tender. Against the opinion of the International Monetary Fund, as well as the majority of the population, El Salvador is now forcing all businesses to accept payments in Bitcoin. For many investors in the industry however, it was the sudden steep drop in prices, erasing the week’s gains in a matter of moments, which rather marked this historic day. Let’s take a look at these two central stories from Tuesday.Read more >
Crypto Bulletin – Week 194
The confidence that the Rivemont Crypto Fund places in Ether will have been favorable to investors this week. Indeed, if bitcoin closes the official week of the Fund down about 2%, ETH is up a few points for the same period. As a result, everything indicates that the results should remain on the green side again this week. We will come back to our positioning and what current prices are telling us in the 2nd half of this letter.Read more >
Crypto Bulletin – Week 193
Another week in two parts on the cryptocurrency market. Indeed, after the successful defense of the 200-day moving average led to a rebound in the final days of last week, we have seen a subsequent slight pullback in the last three days. Nonetheless, we can only be encouraged by the week that is ending. Indeed, the price has temporarily risen above $50,000 apiece for bitcoin, a level that had been lost since last May. More importantly, this is another week in the green for the fund, with a rise of a few percentage points.Read more >
Crypto Bulletin – Week 192
Après quatre semaines consécutives de hausse sur les marchés des cryptomonnaies, la semaine s’étant terminée hier fut quant à elle plutôt tranquille, autant au niveau des prix que du côté des actualités. La semaine fut en réalité en deux temps. La poussée des prix s’est d’abord poursuivie en première moitié, avant qu’une légère correction s’amorce en 2e. Du coup, le niveau des prix s’approche de celui de la semaine dernière pour la majorité des cryptomonnaies à large capitalisation.Read more >
Crypto Bulletin – Week 191
It’s been a real bullish week on the cryptocurrency markets, with bitcoin like most altcoins recording a steady gradual rise over the past seven days. In particular, a rise of nearly 20% was recorded for bitcoin for the week ending last night, while it reached about 25% for Ethereum for the same period. Let’s remember that the Rivemont Crypto Fund is heavily weighted in Ethereum and has been so throughout the week.Read more >
Crypto Bulletin – Week 190
The week that ended yesterday for the fund concludes with a slight decline for bitcoin and a modest rise for ethereum. While the numbers may lead one to believe that the market is uneventful, in reality the opposite is true. We’ll take a closer look at the various technical indicators and what is currently reflected in the phrase of the day: “supply illiquidity”. However, let’s start this letter with an overview of the news of the last seven days.Read more >
Crypto Bulletin – Week 189
This has been a particularly positive week for the cryptocurrency market and especially for bitcoin. Indeed, after starting the week below $30,000 last Wednesday, the price has gone so far as to surpass the $40,000 mark twice in the last few days. That’s the level it’s fighting for at the time of writing. What’s behind this rebound?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.