Originally posted on Crescent City Capital  By Nicolas Abington | Crescent City Capital Market Analyst Intern The federal funds rate is a tool of the fed to apply monetary policy on the market by controlling short term circulation of the US Dollar on the market. The Fed is able to adjust the federal funds rate […]

Originally posted on Crescent City Capital  By Nicolas Abington | Crescent City Capital Market Analyst Intern It’s been almost impossible to miss the huge decreases in the stock market’s biggest indices over the past week. The S&P 500, DOW Jones Industrial Average, and the Nasdaq Composite have all taken losses upwards of 8.14%. The fed […]

By Jacob Pouncey | Saxo Bank Analyst | Crypto Current Contributor This week the entire crypto market cap fell by 11%, bringing the market cap to USD 320 bn. Ethereum and Bitcoin fell by 12% and 10% respectively. This comes after a parabolic rally in Bitcoin price in the second quarter of 2019. Mike Novogratz, believes that the Bitcoin […]

By Jacob Pouncey | Saxo Bank Analyst | Crypto Current Contributor This week the entire crypto market cap rose by 25%, bringing the market cap to USD 360 bn. Etheruem and Bitcoin rose by 22% and 37% respectively. This marks a meteoric rise in Bitcoin price since the start of the quarter, moving from USD 4k to […]

By Jacob Pouncey | Saxo Bank Analyst | Crypto Current Contributor This week the entire crypto market cap rose by 3%, bringing the market cap to USD 260 bn. Bitcoin and Ethereum rose by 2.5% and 1.5% respectively. Bitcoin has been gravitating around the USD 8k level, while ETH has found a new home around USD 250. […]

By Jacob Pouncey | Saxo Bank Analyst | Crypto Current Contributor This week the entire crypto market cap rose by 8.5%, bringing the market cap to USD 270 bn. Bitcoin and Ethereum rose by 8.5% and 4.5% respectively. Over the weekend the Bitcoin price found support at the USD 8k level a now appears to be headed […]

By Jacob Pouncey | Saxo Bank Analyst | Crypto Current Contributor This week the entire crypto market cap fell by 3.5%, bringing the market cap to USD 250 bn. Bitcoin is up by less than 0.2%. Meanwhile, Ethereum rose by 13%. Bitcoin’s and Ethereum’s month-to-date return is 48% and 58% respectively. Bitcoin’s steam appears to be running […]

By Jacob Pouncey | Saxo Bank Analyst | Crypto Current Contributor Bitcoin market overview The basis for this overview is primarily derived from the recent Bitwise presentation for the United States Securities and Exchange Commission in which the firm addressed several of the oft-cited concerns of the commission in regards to approval of a Bitcoin ETF. The reason […]

By Jacob Pouncey | Saxo Bank Analyst | Crypto Current Contributor This week the entire crypto market cap rose by 1%, bringing the market cap to just above USD 175 bn. Bitcoin rose by 5%, while Ethereum saw a negligible decline over the week. Recently the number of on-chain transactions reached a volume not seen since late 2017. The […]

By Jacob Pouncey | Saxo Bank Analyst | Crypto Current Contributor This week the entire crypto market cap rose by 4.5%, bringing the market cap to just above USD 180 bn. Bitcoin and Ethereum rose by 5.5% and 7% respectively. CME reported record volumes last Thursday with a notational value of 112,700 BTC or USD 546 mn. China looks […]

By Jacob Pouncey | Saxo Bank Analyst | Crypto Current Contributor Date Published: April 3, 2019 This week the entire crypto market cap rose by 21%, thereby bringing the market cap to just under USD 175 bn. Bitcoin and Ethereum rose by 22% and 19% respectively. Most of the rally happened on the 2nd of […]