In this post, I walk through some key indicators of health in a crypto network to demonstrate why Bitcoin (BTC) and Ether (ETH) may be oversold, relative to their networks’ fundamentals.

Both demand-side and supply-side factors are analyzed. I look at:

Extreme hype or FUD (Fear, Uncertainty, Doubt) oftentimes drive the price of crypto assets up and down — this presents an opportunity for the long-term investor.

Preface — Long Term Conviction is Critical

[Skip ahead for Bitcoin Price Analysis]

Disclosure: I have no idea what makes the price of crypto assets rise or fall in the short term. I’m not a fan of charting, of triangles, of ‘support lines’, or reading tea leaves…

At Apollo Capital, we have strong conviction in a small…

San Fransisco, home to many crypto projects, featured in the A. R. Broccoli’s 1985 Bond ‘A View to a Kill’. That’s where the similarities end.

T o the Bond fans out there, I apologise for brutalising the title of the 1985 Roger Moore classic. The subject of this article isn’t as immediately exciting as Bond — no ski chase in Siberia here — but it is important:

What do crypto assets actually do?

Oftentimes people…

In the early modern period, the Dutch developed several financial instruments and helped lay the foundations of the modern financial system. The VOC was the first publicly traded company because it was the first company to list on an official stock exchange. One of the first share certificate issuances for the VOC is pictured above. The current system is broadly the same, albeit with a veneer of digitisation. Security tokenisation could be the next step in the evolution of security ownership and trading.

Last week, the Securities and Exchange Commission (SEC) declared that Bitcoin and Ethereum are not securities. Many tokens sold in initial coin offerings, on the other hand, will likely be considered securities at least until the network is launched, and because most aren’t decentralised. Coinbase acquired a registered broker-dealer for…

An illustrated analysis into the risks and rewards of crypto-assets and a case on why they are a compelling alternative investment

Crypto does not correlate with this room

Investing in crypto-assets before 2017 was a very niche activity, largely limited to technologists, libertarians, and some speculative investors. This is changing, and fast.

Goldman Sachs, perhaps the most storied name in finance, has confirmed their intention to trade bitcoin. Closer to home, the ASX announced that by 2020, they…

In the early modern period, the Dutch developed several financial instruments and helped lay the foundations of the modern financial system. The VOC was the first publicly traded company because it was the first company to list on an official stock exchange. One of the first share certificates for the VOC is pictured above. The current system is broadly the same, albeit with a veneer of digitisation. Security tokenisation could be the next step in the evolution of security ownership and trading.

Last week, the Securities and Exchange Commission (SEC) declared that Bitcoin and Ethereum are not securities. Many tokens sold in initial coin offerings, on the other hand, will likely be considered securities at least until the network is launched, and because most aren’t decentralised. Coinbase acquired a registered broker-dealer for…

dYdX is an exciting project that allows for derivative contracts to be built for any pair of underlying ERC20 tokens.

| Job Berckheyde, The old exchange, Amsterdam, circa 1670| Amsterdam was the home of the world’s first stock exchange in 1602 by the issuance of shares in the Dutch East India Company (VOC). Equity derivatives followed: forward contracts on VOC shares were being traded by 1607. In crypto the first decentralised exchange was BitShares, and now dYdX will be the first decentralised protocol for derivative trading

The inventor of smart contracts Nick Szabo once wrote: ‘In a few years teenagers in Indiana will be swapping over-the-blockchain derivatives with grandmas in India without asking New York City’…

James Simpson

Analyst, Apollo Capital, Australia's Premier Crypto Fund apollocap.io

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