Archive: Crypto Asset Strategies

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Crypto Rally Stays Strong

By Adam Sharp on November 13, 2020

Bitcoin and the alts have had an excellent few months recently. Bitcoin is over $16,000 and approaching new all-time highs. Altcoins are rallying with strength as well. I continue to believe that Bitcoin is the safest way to play this market. However, altcoins have come to life lately. Ethereum is leading the way and is currently trading around $468. I’m watching one of our speculative picks from a few years back — Haven (XHV)…
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Bitcoin Soars Over $15k

By Adam Sharp on November 6, 2020

It’s been an amazing few weeks for bitcoin, ethereum and other coins. Interest in these alternative assets is absolutely soaring. What’s driving all of this? I believe the  world’s troubling financial situation is beginning to register with the average investor (you, of course, have known about…
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Iran Loosens Bitcoin Restrictions

By Adam Sharp on October 30, 2020

Some interesting crypto news broke this week. Apparently Iran has changed its laws to allow cryptocurrency to be used for purchasing imports.  According to Decrypt (a pretty reliable crypto news outlet), crypto miners will have to sell coins directly to Iran’s…
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Bitcoin’s Growth is Just Beginning

By Adam Sharp on October 23, 2020

Well, that happened faster than expected. Last Friday I wrote a piece for Early Investing about how bitcoin was in a very sweet spot. I covered the bullish institutional case, along with other factors leading to a very positive environment.
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Bitcoin and Crypto Poised For Big Gains

By Adam Sharp on October 16, 2020

Bitcoin dropped slightly today on news that Korean crypto exchange OKEx is under investigation by Korean authorities. OKEx has suspended withdrawals — apparently due to at least some of its holdings being held by police. This is not great news. But…
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Crypto Monitor: Looking to the Future

By Early Investing on October 9, 2020

There’s been some exciting crypto events recently. Jim Cramer is bullish on bitcoin. Digital payment company Square just bought $50 million worth of bitcoin. And that’s just the tip of the iceberg. All this activity has…
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Another Stimulus Package Will Come

By Adam Sharp on October 2, 2020

Over recent weeks there’s been a lot of debate about whether or not the U.S. will see another stimulus package.  I have no doubt we’ll see another one — but it may have to wait until after the election. More stimulus checks and corporate bailouts are…
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Why I’m Steering Clear of Chainlink

By Adam Sharp on September 25, 2020

Chainlink (LINK) is one of the hottest crypto projects in years. It’s been up as much as 1,000% this year and has attracted a large community of followers. I haven’t bought in or recommended it. And I don’t plan to. I’ve spent a lot of time…
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Jim Cramer Goes Bullish on Bitcoin

By Adam Sharp on September 18, 2020

This week CNBC’s Jim Cramer sat down for a podcast interview with well-known crypto personality Anthony Pompliano (AKA “Pomp”). Cramer revealed that he owns “so much gold” — but he also said he plans to move 1% of his portfolio into bitcoin.
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The Short-Term Threat to Crypto

By Adam Sharp on September 11, 2020

This week former Federal Reserve Chairman Alan Greenspan — AKA “The Maestro” — talked with CNBC. It was a fascinating discussion, and I highly recommend watching. Here are some excerpts. “My overall view is that the inflation outlook is…
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Crypto Monitor: How Stocks Affect Crypto

By Early Investing on September 4, 2020

The crypto markets took a tumble this week. After cracking the $12,000 mark, bitcoin is now trading below $11,000. Ethereum fell from a high of $482 to around $400. So what happened? What does it mean for the crypto markets? And how is it affecting the…
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Fidelity Doubles Down on Crypto

By Adam Sharp on August 28, 2020

As you all probably know, Fidelity is one of the biggest asset managers in the world. It boasts at least $2.46 trillion in assets under management (AUM).  That’s why the crypto world was shocked in 2018 when Fidelity announced that it was launching Fidelity Digital Assets…
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A Glimpse of Bitcoin’s Future

By Adam Sharp on August 21, 2020

A couple of weeks ago something unprecedented happened. Microstrategy — a $1 billion+ publicly traded company — switched $250 million of its dollar reserves into bitcoin. Here’s an excerpt from a Coindesk report, which I strongly recommend reading.
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Don’t Choose Between Gold or Bitcoin

By Adam Sharp on August 14, 2020

This week, Barstool Sports founder Dave Portnoy interviewed the Winklevoss twins about bitcoin. The Winklevoss twins are noted tech founders. Today they operate Gemini, one of the largest crypto exchanges in the world. The interview was… strange.
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Crypto Monitor: Crypto Spring is Here

By Early Investing on August 7, 2020

Crypto Winter is officially over. And Crypto Spring is here! Blue chip coins have been on a tear this year. And while some smaller altcoins have done well, most others have lagged behind. Adam Sharp and Vin Narayanan discuss this and more in this week’s Crypto Monitor. Check…
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The Flight to Alternative Safety

By Adam Sharp on July 31, 2020

As I write this on Friday morning, bitcoin is up 1.78% to $11,178. Ethereum is up even more over the last 24 hours — 7.96% to $343 (nice call on ETH last week Vin!). Other altcoins are a mixed bag, but the majority…