Crypto Bulletin – Week 230
However, active management also means taking defensive positions when the going gets tough. This was the position of the Rivemont Crypto Fund, with between 60 and 70% of the cash in hand after selling around the $38,000 and $39,000 level for the majority of the week.Read more >
Crypto Bulletin – Week 229
Investors’ attention across the various markets is focused on one thing today, that being the U.S. Fed’s decision on future interest rates. There is near consensus on an imminent half-percentage point increase. The central bank is also expected to launch a program to reduce its massive bond holdings by $95 billion per month starting in June.Read more >
Crypto Bulletin – Week 228
The main news that caught the attention of the markets this week was the purchase of Twitter by Elon Musk for $44 billion. If the deal goes through, it will take the social network out of the Wall Street world and back into the private sphere. Opinions of all kinds abound and vary greatly in their relevance.Read more >
Crypto Bulletin – Week 227
After Canada, it will be Australia’s turn to introduce exchange traded funds backed by crypto assets directly next week. 21Shares and ETF Securities will launch the first bitcoin and ether spot traded products. The funds will hold bitcoin and ether in cold storage, with Coinbase serving as custodian.Read more >
Crypto Bulletin – Week 226
Tomorrow, Thursday April 14th, we will be holding our happy hour/conference with the Rivemont crypto strategy team. While all the tickets were sold out several days before the event, we have released another 20 in order to accommodate a maximum of participants.Read more >
Crypto Bulletin – Weeks 224-225
As this paper returns from a week-long publishing hiatus, it’s north of $2 trillion in total capitalization that the cryptocurrency market finds itself again. The fund benefited from the rise, actually outperforming the bitcoin index for the period thanks to a heavy exposure to ether.Read more >
Crypto Bulletin – Week 223
Let’s start this week’s letter sharing an invitation. Rivemont is taking advantage of the arrival of spring to cordially invite you to a 5 to 7 event at the Bonaventure Hotel in Montreal on April 14. At the event, Rivemont’s crypto strategy team will present a conference entitled “Cryptocurrencies; a digital revolution”. The event is free and seats are already going fast!Read more >
Crypto Bulletin – Week 222
Great news for the future of bitcoin in the European Union. We mentioned last week that a bill to regulate the cryptocurrency industry would be voted this Monday. After a day of debate by the Committee on Monetary and Economic Affairs, the organization ultimately rejected versions of the legislative package that contained what has been described as a “de facto” ban on the “proof-of-work” cryptocurrency mining used by Bitcoin and Ethereum, among others.Read more >
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