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Shehriyar Ali

Celebrating Our 100th Issue of ByteFolio

Celebrating Our 100th Issue of ByteFolio

ByteFolio Issue 100; On 30th March 2022, ByteTree Research launched ByteFolio. We had been covering Bitcoin for a long time, first in Atlas Pulse (2013) and later in ATOMIC (2021). As the crypto industry evolved, ByteFolio took us into the world of tokens which were becoming ever more credible. We

Holding Stablecoins Equals Opportunity Cost in a Crypto Bull Market

Holding Stablecoins Equals Opportunity Cost in a Crypto Bull Market

ByteFolio 99; After making a high of $73.6k, Bitcoin retraced to its weekly low of around $64.7k before quickly exceeding $68k again. This is a market-wide retracement, where the total crypto market cap declined from $2.7 trillion on 14 March to $2.5 trillion today. Unsurprisingly, the

Bitcoin Reaches a New All-Time High

Bitcoin Reaches a New All-Time High

ByteFolio Issue 98; A new day, a new all-time high. After a quick profit booking on 5 March, Bitcoin is currently inches away from hitting $72k per coin. The momentum behind the BTC price is largely fuelled by demand from Bitcoin ETFs, which saw positive net flows of 117,462

Our Highest Conviction Trade

Our Highest Conviction Trade

ByteFolio Issue 97; With Bitcoin back above $65,000, it’s fair to say the space is back in form, but when I see Dogecoin (DOGE) raise its head, I start to feel queasy. It clearly is worthless and pointless, although amusing; at least it used to amuse Elon Musk.

Nexo: The Crypto Bank

Nexo: The Crypto Bank

Token Takeaway: NEXO; Originally launched as a centralised lending protocol, Nexo has evolved into a comprehensive platform providing various crypto services such as crypto credit cards, purchasing, swapping and trading. Despite the inherent risks and controversies associated with centralised crypto lending, Nexo has demonstrated resilience and reliability over time. This

The ECB's Bitcoin Blindness: Missed Opportunities and Financial Stagnation

The ECB's Bitcoin Blindness: Missed Opportunities and Financial Stagnation

ByteFolio Issue 96; The European Central Bank published a piece on their blog, ETF approval for bitcoin – the naked emperor’s new clothes. It was written by a couple of ECB technocrats, Ulrich Bindseil and Jürgen Schaaf, who specialise in payments. They are presumably bright people, in the hard-working and

Crypto Breadth Is Back

Crypto Breadth Is Back

ByteFolio Issue 95; The ByteTree Crypto Average (BCA) is on 5 stars again, which simply means the average token is going up, and this rally could have much further to go. BCA Is 5 Stars We also see the dollar breadth very strong on this five-year chart. It is heading