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Cryptocurrency Financial Advisors

Decred (DCR) Sparks Interest: Blockchain Momentum Latest

What Worked

  • Odyssey r(OCN) an up 37.92% this week as the market heated up.

  • Decred (DCR) spiked a little over 6% in intraday trading as it got listed on KuCoin.

Upcoming Catalysts

  • WGR – Wagerr just started “direct-chain” betting. The mainnet fork allows users to place bets against the chain, with the chain burning and minting coins as require.

  • BTG – Bitcoin Gold will be delisted from Bittrex today after details of an $18 million hack from May emerged this week.

  • BTC – Morgan Stanley is looking into jumping into the Bitcoin derivatives market.

  • Goldman Sachs Trading Desk- Goldman Sachs noted that the development of a Cryptocurrency Trading Desk was based on fake news. However, they are focusing on custody solutions for cryptocurrencies. UPDATE: The CFO of Goldman Sachs clarified that there is still ongoing development of a cryptocurrency trading desk.

  • OKEx Founder – The founder of the number #2 cryptocurrency exchange by adjusted volume was questioned by the Shanghai authorities about potential fraud in the

BTC Market Activity

Bitcoin reaching the bottom of a triangle formation that started at the peak of bitcoin in December 2017. The end of this pattern may see a surge in the coin’s volatility. Bitcoin’s fundamentals suggest that with bitcoin still seeing unusually high, normalized, NVT, the coin is likely to depreciate through $6,200 before holding steady in the $4,000 range. However, our analysis of trading activity has found that there is a “buy wall” of orders at the $6,000 level determined to keep Bitcoin’s price above this resistance line. This buys wall on bitcoin’s order books may signify a buying pressure that could spark a bitcoin rally as selling pressure wanes.

Technical Indicators

  • ADA, ADX, BTC, DCR, and XRP – On Wednesday, prior to the small rally in the cryptocurrency markets, we found that Cardano (ADA), AdEx (ADX), bitcoin (BTC), Decred (DCR) and Ripple (XRP) were all developing accumulation patterns. These trades were timed welled as the alt-coins markets soon rallied with bitcoin and Ethereum.

    #decred #odyssey #bitcoin #cryptocurrency

    Disclosures: Not investment advice. It should be assumed that Sarson Funds or its affiliated managers hold positions in all projects that are discussed. It is not possible to invest in any project directly through Sarson Funds, Inc. or its affiliated managers. Any investment product offered by managers affiliated with Sarson Funds should be assumed to be only available to Accredited Investors and subject to the individual terms and conditions of that offering including but not limited to those eligibility requirements associated with U.S. Securities Regulation D, section 506c. Talk with your financial advisor before making any investment decisions or have them contact Sarson Funds directly at [email protected]

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Past performance does not indicate future performance. There is no guarantee given or implied by any products discussed by Sarson Funds or any of its investment sponsors. If you follow these strategies you may lose money. No bank guarantees. Not FDIC insured.

Sarson Funds, Inc is third party marketing company and does not manage assets or provide investment advice. All investment products advertised by or referred to by Sarson Funds are property of their respective owners and are offered under Regulation D by their respective issuers. Unless specifically stated otherwise, all investments are available to accredited and qualified investors only. All prospective clients must satisfactorily complete investor eligibility and anti-money laundering screening before being referred to any investment sponsor. The official terms and objectives of any strategy mentioned by Sarson Funds can only be conveyed through each fund’s specific offering documents, including but not limited to its private placement memorandum, limited partnership agreement and subscription agreement and if applicable, the Options Disclosure Document available below. These documents must be read thoroughly prior to investing. Learn More

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Past performance does not indicate future performance. There is no guarantee given or implied by any products discussed by Sarson Funds or any of its investment sponsors. If you follow these strategies you may lose money. No bank guarantees. Not FDIC insured.

Sarson Funds, Inc is third party marketing company and does not manage assets or provide investment advice. All investment products advertised by or referred to by Sarson Funds are property of their respective owners and are offered under Regulation D by their respective issuers. Unless specifically stated otherwise, all investments are available to accredited and qualified investors only. All prospective clients must satisfactorily complete investor eligibility and anti-money laundering screening before being referred to any investment sponsor. The official terms and objectives of any strategy mentioned by Sarson Funds can only be conveyed through each fund’s specific offering documents, including but not limited to its private placement memorandum, limited partnership agreement and subscription agreement and if applicable, the Options Disclosure Document available below. These documents must be read thoroughly prior to investing. Learn More

It should not be assumed that information displayed online accurately reflects the current portfolio positioning or investment strategy of any portfolio that any investment sponsor currently manages or managed. Details as to specific investment strategies can only be conveyed through each fund’s specific offering documents. Any historical returns, expected returns, or projections may not reflect actual future performance.

By using our website or the website of any of our investment managers, you accept our Terms of Use and Privacy Policy.

©2024 by Sarson Funds Inc. All rights reserved.

Past performance does not indicate future performance. There is no guarantee given or implied by any products discussed by Sarson Funds or any of its investment sponsors. If you follow these strategies you may lose money. No bank guarantees. Not FDIC insured.

Sarson Funds, Inc is third party marketing company and does not manage assets or provide investment advice. All investment products advertised by or referred to by Sarson Funds are property of their respective owners and are offered under Regulation D by their respective issuers. Unless specifically stated otherwise, all investments are available to accredited and qualified investors only. All prospective clients must satisfactorily complete investor eligibility and anti-money laundering screening before being referred to any investment sponsor. The official terms and objectives of any strategy mentioned by Sarson Funds can only be conveyed through each fund’s specific offering documents, including but not limited to its private placement memorandum, limited partnership agreement and subscription agreement and if applicable, the Options Disclosure Document available below. These documents must be read thoroughly prior to investing: https://www.theocc.com/about/publications/character-risks.jsp.

It should not be assumed that information displayed online accurately reflects the current portfolio positioning or investment strategy of any portfolio that any investment sponsor currently manages or managed. Details as to specific investment strategies can only be conveyed through each fund’s specific offering documents. Any historical returns, expected returns, or projections may not reflect actual future performance.

By using our website or the website of any of our investment managers, you accept our Terms of Use and Privacy Policy.

©2021 by Sarson Funds Inc. All rights reserved

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