Download PDF Introduction After the great years of 2020 and 2021, the cryptocurrency market has been recently going through what many industry analysts believe to be a “crypto winter”, with Bitcoin prices reaching a low of $15,000 in December 2022, falling from almost $60,000 in November 2021. The fall from Read more…
Download PDF Introduction We have seen some of the unique trading instruments introduced by the crypto space in our last article, namely perpetual futures and inverse futures and options. Building on our knowledge from another prior article where we introduced cryptocurrencies, basic blockchain infrastructure, as well as some decentralized finance Read more…
Download PDF Introduction On November 11th, crypto trading startup FTX filed for bankruptcy protection in the US just three days after admitting to being unable to meet $5bn in customer withdrawals. Sam Bankman-Fried, a 30-year-old trader and founder of the crypto exchange, resorted to filing in a Delaware federal court Read more…
Download PDF Introduction Bolt Financial Inc., a leading payments-focused technology company, announced the acquisition of the crypto-services startup Wyre in a cash and stock deal. Announced on April 7th, 2022, the deal is expected to close later in 2022. It is valued at around $1.5 billion, and, according to research Read more…
Download PDF You might have heard of Decentralized Finance, or DeFi for short, in the news lately. It is a part of the broad blockchain ecosystem that has taken the world by storm in the last couple of years. But what is DeFi, and what opportunities does it present? This Read more…
Download PDF When lockdowns and travel restrictions started to threaten companies’ survival in March last year, all eyes turned to cash. What was before a mundane Treasury responsibility became a hot topic for discussion amongst C-suite executives. Mentions of cash, liquidity, and lines of credit multiplied in earnings calls. Cash Read more…
Download PDF Introduction Intrinsic value is a measure of what an asset is worth, and it is obtained by means of an objective calculation (to a certain extent), such as a DCF, where the cashflows of a company are discounted to the present in order to estimate the company’s true Read more…
Monex Group Inc (TYO: 8698) – market cap as of 20/04/2018: ¥149.15bn Introduction On April 16, the online brokerage giant Monex officially acquired the cryptocurrency exchange Coincheck for ¥3.6bn (~$33.55m). The move is questioned by the general public due to the recent security breach in Coincheck and the theft of Read more…