Last Friday, Yale, the iconic long-term investor that other endowments look to for guidance, made a historic investment in two funds dedicated to crypto, signaling to many that institutional floodgates are officially open. As the manager of one of the more established cryptofunds, we often get asked, “How big can crypto really get?” The short answer is: […]
TL;DR: I’ve created a formula that predicts whether you should buy or sell Bitcoin based on daily exchange price data and Google Trends keyword sentiment. The model produced a 29% return over 90 days for a $28,839 profit. To what degree can Bitcoin (BTC) price be predicted? What if publicly available data from Google Trends can help […]
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 […]
On September 5th at 5:45am ET, Bitcoin dropped almost 6% over the course of an hour, and 3% within 15 minutes. Over the next 16 hours, we saw the previous 12 days worth of gains wiped out as Bitcoin fell 13% from ~7400 to ~6400 at the time of writing. It was the largest (percent-wise) single-day […]
If you’d like to get more regular updates of my take on the markets & blockchain, feel free to sign up for my daily crypto newsletter, where I publish my take on the market, recent developments and all things crypto. Recently there’s been a lot of buzz surrounding the possibility of the Bitcoin ETF and although this type […]
The Bear market can be brutal Remember how exuberant we all were at the end of 2017 about crypto? Remember the general sentiment about how 2018 was going to melt everyone’s face off? We all dreamed of rocketing to the moon in our crypto-powered Lambos. Oops. Yeah, 2018 has been that kind of year. Rough, […]
Cryptocurrencies are a rapidly developing sector with thousands of competing projects (coins) and millions of people buying and selling them daily. Most of those coins you’ve probably never heard of but that’s okay since we’re going to be focusing on the most well known as our example Bitcoin. What’s most interesting about cryptocurrencies aside from […]
Blockchain technology and Islamic Finance are presently two of the most exciting financial trends to read-up on. Though it might not get as much press as crypto, Islamic Finance has similarly enjoyed a recent period of enormous growth.
Note 16.8.2018 : for some reason I can’t upload the video which appeared on cnbc Fast Money about the Bitcoin. In this video the speaker/analyst uses an analogy, used by many other analysts, by which she compares Bitcoin to Amazon, Intel, Microsoft and other high-tech companies. I agree with what the speaker said only in the last […]
Global macro. Cryptos. Economist. Trader. Columbia MBA. UTDT. Former banker, S&T at large FX market maker. Always a balanced view. – Find Alex Krüger on twitter @Crypto_Macro A bitcoin Exchange-Traded Fund (ETF) would be massively bullish for bitcoin’s price. It would further legitimize bitcoin and would allow several asset managers, currently precluded, to participate in the asset class. […]