Author: Andrew Elliott

Market Update: Macroeconomics and the Crypto Market

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Andrew Elliott

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Let’s take a step back from just the Crypto market this week and look at the broader macroeconomic picture. Some trends are underway that affect fund flows into all markets to include crypto. Fund flows ultimately drive assets higher or lower. Three big trends:   1) Rising interest rate environment puts pressure on risk assets […]

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Market Update: Crypto Capitulation

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Andrew Elliott

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Relax:   1) Fidelity, NYSE, Microsoft, Starbucks, and Nasdaq aren’t getting into crypto because they think it’s a “bubble”. That would be ridiculous. The asset class is here to stay, we are just in the capitulatory phase of a bear market. The question is, where do we bottom?   2) See the charts (scroll down) to get a feel […]

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Is this the 2018 Bear Market Capitulatory Flush?

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Andrew Elliott

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The crypto market is selling off. We are now searching for a new bottom in Bitcoin and by extension the entire Crypto market.   We think this low volatility is signaling a bottom, but if the key $5800 level is breached on Bitcoin (the market leader) then there will be more pain ahead. Luckily for […]

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Why I Sold: The Bitcoin Cash Hard Fork

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Andrew Elliott

In late summer 2017, a hard fork of the Bitcoin protocol resulted in the creation of Bitcoin Cash. This represented a split within the Bitcoin community (the network of users, developers, etc that are involved in a protocol’s ecosystem). A community is like a crypto tribe, a common belief draws them together to build an […]

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Is the Altcoin Apocalypse Over?

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Andrew Elliott

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Looks like there might have been something to the impending selloff rumor last week… it happened! “The rally over the last two weeks is holding despite rumors of an impending selloff.”  – Coin Savage Weekly Update 9.4.18 Several theories exist as to the selloff catalyst, read What Caused the Bitcoin Dump on September 5th? for an in-depth analysis. Is the Bear […]

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Decentraland (MANA) Fundamental Analysis

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Andrew Elliott

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Since the emerging crypto asset class is much like venture capital with liquidity, performing a quick market size analysis can provide insights into potential fundamental asset value. What is Decentraland (MANA)? Decentraland is a shared virtual world (i.e Metaverse). This virtual reality platform runs on the Ethereum blockchain and allows users to create, experience, and monetize […]

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Crypto Loans Explained

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Andrew Elliott

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When Satoshi Nakamoto first conceived of Bitcoin we doubt crypto backed loans were forefront in his mind. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution…-Bitcoin, Whitepaper [Abstract] Yet Bitcoin with blockchain technology at its core set in […]

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Which Coin will Coinbase List Next?

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Andrew Elliott

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Recently Coinbase announced it is “exploring” the addition of several new coins to its platform: Cardano (ADA) Zcash (ZEC) Basic Attention (BAT) 0x (ZRX) Stellar Lumens (XLM) The keyword in the announcement is “exploring”. None of these tokens are guaranteed to be added to the platform. The announcement states explicitly: In March we took a […]

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Litecoin (LTC) Fundamental Analysis

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Andrew Elliott

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Since the emerging crypto asset class is much like venture capital with liquidity, performing a quick market size analysis can provide insights into potential fundamental asset value. What is Litecoin (LTC)? Litecoin (LTC) is a global decentralized cryptocurrency. Litecoin was an early clone of Bitcoin, and is widely accepted in many places where Bitcoin is accepted. […]

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Augur (REP) Fundamental Analysis

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Andrew Elliott

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Since the emerging crypto asset class is much like venture capital with liquidity, performing a quick market size analysis can provide insights into potential fundamental asset value. What is Augur (REP)? Augur is a decentralized platform for prediction markets. On the Augur network, users can bet on future outcomes and be rewarded financially when correct. REP […]

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