In this week’s newsletter:
- The price action in Bitcoin and Ethereum continues to be an important and thus far constructive factor in the near-term outlook for both assets.
- ALT 5 Sigma announced today the appointment of Trevor Vale as Chief Executive Officer.
- The report is widely watched by traditional and crypto traders because of its implications for inflation and the Federal Reserve’s tightening of monetary policy.
Read our weekly round up below.
Market Updates by Robert Lynch | Head of Research and Strategy
Market Update: Crypto Price Action Still Constructive, Macro Less So
Robert Lynch – ALT 5 Sigma | April 1, 2022
The price action in Bitcoin and Ethereum continues to be an important and thus far constructive factor in the near-term outlook for both assets. Although recent upward momentum has stalled, both currencies have consolidated most of their recent, sizeable gains from mid-March, rather than measurably retracing them.
ALT 5 – Digital Assets Morning Call
Robert Lynch – ALT 5 Sigma | April 1, 2022
The Digital Assets Morning Call is a new segment by Robert Lynch, the Head of Research and Strategy at ALT 5 Sigma. This is a brief rundown of the latest developments impacting digital assets through a macro lens.
ALT 5 News
ALT 5 Sigma Appoints Trevor Vale as Chief Executive Officer
Yahoo! Finance | April 1, 2022
ALT 5 Sigma Inc., announced the appointment of Trevor Vale as Chief Executive Officer (CEO). Mr. Vale, has served in numerous senior leadership roles during his 25-year career in fintech and SaaS technology, and joins ALT 5 from Q4 Inc.
Meet The ALT 5 Team at Bitcoin 2022
Bitcoin 2022 | April 6 – 9 | Miami, FL
The Bitcoin 2022 conference is coming up next month (April 6-9) in Miami, Florida. If you’re planning on attending, we’d love to meet with you!
Crypto News From Around The World
US Adds 431K Jobs in March, as Unemployment Rate Nears Pre-Pandemic Level
Coindesk | April 1, 2022
One in five Americans has invested in, traded or used cryptocurrency, a new NBC News poll found, another sign that digital assets continue to get more popular even as lawmakers warn of market risks and work to regulate the industry. Half of men between the ages of 18 and 49 said they have dabbled in crypto, the highest share of all demographic groups.
One in Five Adults Has Invested in, Traded or Used Cryptocurrency, NBC News Poll Shows
CNBC | March 31, 2022
One in five Americans has invested in, traded or used cryptocurrency, a new NBC News poll found, another sign that digital assets continue to get more popular even as lawmakers warn of market risks and work to regulate the industry. Half of men between the ages of 18 and 49 said they have dabbled in crypto, the highest share of all demographic groups.
This Week In Crypto: Bitcoin Breaks Out
TipRanks | April 1, 2022
Bitcoin prices have finally broken above resistance sitting at $43,500 after consolidating within a narrowing range over the last few months. Over this week, BTC gained nearly 11%, crossing the $47,000 mark, and is now looking to close above the key resistance level at $48,000 before making another attempt to retake $50,000. According to the Crypto Fear & Greed Index, this is the first time in 2022 that investor sentiment for BTC has shifted to “Greed.”
Canadian Crypto Industry Leaders Launch Web3 Council As it Pushes For Regulation
BNN Bloomberg | March 29, 2022
Some of Canada’s leaders in the blockchain sector launched Tuesday a non-profit association aimed at moving the needle on regulation of cryptocurrencies and digital assets in this country. It is called the Canadian Web3 Council and was founded by Connor Spelliscy and Jelena Djuric, both of whom have been working on pushing the blockchain and cryptocurrency industry forward in Canada for the last several years.
ALT 5 Sigma – Next-Generation Blockchain Powered Financial Platforms
ALT 5 Sigma | March 4, 2022
ALT 5 Sigma has launched their new website with a new and professional look. ALT 5 offers 4 core product offerings that will elevate your business.
Click the links above to learn more about how ALT 5’s suite of crypto products can help your business.