Bitcoin remained range-bound over the last 7 days, trading between US$45 and 50K. At the time of writing, the price sits at $47,641.
Ether’s price action followed suit and was off -1.77% in the last 7 days vs bitcoin’s -3.27%.
Bitcoin’s market cap is now down to $889.1B, market dominance is sitting at 40.23%,
0 Comments
The bitcoin price stabilised in the past seven days after billions of dollars in leveraged longs were flushed out of the market last weekend, but the largest cryptocurrency has remained in a short-term downtrend. Risk assets remain under pressure due to the expectation of faster unwinding of stimulus from the U.S.
0 Comments
For most of the week bitcoin traded in a tight range, but on the weekend the price tumbled over 16% from US $52K to $43.5K in less than an hour. The price has since recovered to $49K. Currently ~28% off its all-time high, this recent drawdown becomes the second most severe of the year,
0 Comments
Black Friday is a colloquial term for the Friday following the Thanksgiving holiday in the U.S. It traditionally marks the start of the Christmas shopping period and kicks off with everything going on sale. Bitcoin also went on sale, hitting 6-week lows of US$53,569, and had the rest of the crypto and stockmarkets falling along with it,
0 Comments
The bitcoin price slid over the past week, falling as low as US$55,705, down around 19% from its high and the lowest level since 13 October. The price managed to bounce from its lows and is trading at $58,775 at the time of writing.
Ether managed to hit another all-time high,
0 Comments
Bitcoin set another all-time high last week, reaching US$68,789, then fell over 9.5% before recovering to $64,797 at the time of writing. The price continued to experience volatility, trading in the range of US$62-69K for the week.
Some of the volatility could be attributed to inflation concerns, as the price jumped after the release of the U.S.
0 Comments
The bitcoin price continued to consolidate last week, trading within a tight range of ~US$60-64K.
Ethereum continued its outperformance over bitcoin for the week, setting another all-time high at $4,656. Over the last seven days it has returned 5.63%, outperforming bitcoin which was 1.21% higher.
Bitcoin’s market cap is sitting at $1.17T and market dominance weakened to 42.5%,
0 Comments
Welcome to the first issue of Off the Chain. With BetaShares set to launch our first crypto-focused ETF (ASX: CRYP) on Thursday, continued positive developments in the Australian regulatory landscape for the potential launch of cryptocurrency ETFs and widespread investor interest, we thought the timing was right to launch this new email newsletter.
0 Comments
Reading time: 7 minutes
Whilst interest rates are at record lows and are likely to remain there for several years based on Reserve Bank governor Phillip Lowe’s commentary1, should you be taking advantage of the current market environment by investing in property or investing in the sharemarket?
2 Comments
Reading time: 4 mins
In my last blog, I wrote about Johnson & Johnson and Gilead, two companies leading the race to find an effective treatment or vaccine against the coronavirus, which has now infected more than 5.3 million people worldwide1. This race is truly global,
0 Comments
Australian (16)
International (27)
Global
Regional / Country
Sector
Currency Hedged
Thematic (9)
Technology (9)
Equity Income (6)
Cash & Fixed Income (7)
Ethical (8)
Digital Assets (1)
Hybrids (2)
Diversified (4)
Short & Geared (7)
Commodity (2)
Currency (5)
Managed Risk (3)
Active (5)