This is a beta version. Full version will be available on July 1, 2019.

BITCOIN NEAR TERM FUNDAMENTALS AND UTILITY LIKELY TO BE SUPPORTIVE OF ITS PRICE

The stars maybe aligning for alternative asset Bitcoin bulls.  First, fundamentally, Bitcoin’s marginal mining cost is ~$6,400 according to bulge bracket broker Morgan Stanley.    A greater understanding of the marginal cost level of mining Bitcoin is helpful in forecasting prices; and most important where prices could bottom.   With Bitcoin trading at $6,500, investors […]

GOLDMAN IS SAID TO PUT CRYPTO DESK PLAN ON HOLD

According to the periodical, Business Insider, Goldman may be reconsidering its crypto strategy. The article suggests that Goldman is putting on hold earlier plans to open a desk to trade physical Cryptocurrencies. THE CROWD’S LINE TRADING DESK VIEW:  While this headline may catch the market by surprise, market observers should understand that building the infrastructure […]

NEWS OF CRYPTO MINERS CAPITAL EXPENDITURES BUDGETS DECLINE IS A POSITIVE FOR CRYPTO COIN PRICES

As with with any commodity, capital spending budgets   (CAPEX) is closely watched by investors and traders to help forecast the next move in a particular commodity.  When marginal revenues are higher than marginal cost, producers of commoditized products are likely to add to CAPEX spending in an effort to grow production.  The net effect is […]

EVERYTHING NON-BITCOIN GETTING SHELLACKED THIS MORNING

Bitcoin is trading higher today.   Meanwhile, the rest of the large cap Cryptocurrencies are trading lower.  The reason for the divergence in price action appears to the markets reaction to the news that Microsoft had filed a patented for a validation process called trust execution environments.  It’s seems the market is viewing the news […]

WHY IS BITCOIN TRADING HIGHER THIS MORNING? 2 REASONS:

(1) FINANCIAL TIMES ARTICLE: Bitcoin is edging higher this morning helped by a article in the widely followed European equivalent of the Wall Street Journal publication known as the Financial Times.  The article briefly touches on how some global banks initially dismissed the legitimacy of Cryptocurrencies specific Bitcoin.  The article goes on to outline the […]

CONSTRUCTIVE COMMENT ON PORTFOLIO MANAGEMENT BY CRYPTO INFLUENCER

WHY IS BITCOIN TRADING HIGHER TODAY: ADVOCATING FOR 1% POSITION IN PORTFOLIO ALLOCATED TO CRYPTO:  Bitcoin bounced nearly 3% in Saturday trading. Cryptocurrency influencer, Billionaire Marc Lasry of Avenue Capital Group, revealed how 1% of his estimated $1.68 billion portfolio is allocated to holdings of Cryptocurrencies.

ADDING TO THE INTEGRITY OF CRYPTOCURRENCIES

The CFA Institute, a global association of investment professionals, announced its 2nd Annual Blockchain Conference, Climate & ESG Summit, National Pension Funds Conference for September 24th.  Earlier in July, the CFA Institute made headlines when they added both Crypto & blockchain topics to its curriculum as part of the new reading called Fintech in Investment Management.