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Buffett Backflips: ALL IN CRYPTO!

Warren buffett has for years talked down on Crypto, especially #Bitcoin.

However, Buffett's investment conglomerate - Berkshire Hathaway - has invested $600 million across two large Fintech firms ($300m each). On of the investments is in Indian firm, Paytm (the largest mobile-payments service in India).

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The other investment was made in Brazillian StoneCo, Brazil's largest brokerage firm. Interestingly, the firm recently announced that it will launch Bitcoin and Ethereum exchanges in Brazil.

Both firms invested in are heavily involved in Blockchain technology and R&D. Both have investments in Bitcoin and other Cryptocurrencies. Both go against everything Warren Buffett once claimed about Crypto.

It is obvious that he has had a change of heart. However, many speculators suggest it was a game the entire time; play bearish on Crypto and Bitcoin whilst accumulate and build partnerships in the background.

Bullish news. Be happy.

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TRADE WAR: Hodl

US President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days to allow for talks, the US says. Essentially, the massive macro-economic Trade War between the USA and China is currently in HODL phase.

At a post-G20 summit meeting in Buenos Aires, Mr Trump agreed not to boost tariffs on $200bn (£157bn) of Chinese goods from 10% to 25% on 1 January. China will buy a "very substantial" amount of agricultural, industrial and energy products, the US says. Meanwhile, Beijing says the two sides agreed to open up their markets.

BUT….How does this relate to Cryptocurrency?

Without going into boring economic detail, it means that the tension and stress in the wider economic market (between two superpowers - USA and China) are on the back-burner. So, the wider financial markets (traders, speculators, institutional investors) now:

  • Have the GREEN LIGHT to invest, trade and carry on as per normal

  • No current macro-economic risk of two world superpowers fighting with interest rates/inter-country trading and debt

  • Potential bearish scenarios which would play out due to a trade war are not front of mind, as both countries agreed to play this out safely

Essentially, Cryptocurrency Markets and wider traditional stock markets (ASX, Dow Jones, S&P Index, NASDAQ, etc.) are all free to trade without the fear of an inter-country Trade War ruining their day.

We’ve been calling it for months - a very BULLISH return to Crypto is on the near horizon and we will see a bullish return by the end of December 2018; Q1 2019 will be extremely Bullish.

Our PremiumProgram members have already been updated with WHAT trades to make and are in line to profit from the latest technical and fundamental analysis, performed on the current market.


As always, trade safe and ensure to keep your options open.

Strong Institutional Investment for Bitcoin

In 2017, financial services company, Morgan Stanley, had a bearish outlook on Cryptocurrency and Bitcoin as a whole. However, for their 2018 market analysis, they are bullish for the 2018 year, going into 2019, and beyond.

Why the complete change of pace? It could be that Morgan Stanley have privately invested over $400million into Bitcoin and wider Alt-Coin projects, or the fact that they are planning on releasing a derivatives project directly to their Client base. Or both.

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It’s important to note that the bank is not actually planning to trade Bitcoin or cryptocurrencies directly but rather to offer Bitcoin swap trading tied to futures contracts. Earlier this year, CEO James Gorman said that a trading desk specializing in derivatives tied to digital assets could be a potential service offered to clients.

Futures are contracts in which the buyer has agreed to purchase an asset at an agreed time and price in the future. The same arrangement stands for the party selling the asset as well. These contracts note both the quality and quantity of the assets that are being traded, standardized, and either require physical delivery of the asset being traded or are settled in cash.

According to Bloomberg, the bank already has the measures in place to offer Bitcoin swap trading, however, it will not officially launch any initiative without first ascertaining the level of institutional client demand and completing a thorough internal approval process.

The takeaway here is that there is very strong Institutional interest in the Crypto space and that is growing at rapid rates, daily. A bullish return is on the horizon.