In this week’s newsletter:
- Bitcoin (BTC) price action has turned more constructive as the rally in recent days has seen it touch $44,000.
- ALT 5 Sigma announced this week the appointment of Mary Marland as Global Head of Sales.
- In the wake of SEC ETF rejections, Grayscale is launching an altcoin fund focused on seven major blockchains.
Read our weekly round up below.
Market Updates by Robert Lynch | Head of Research and Strategy
Robert Lynch – ALT 5 Sigma | March 25, 2022
Bitcoin (BTC) price action has turned more constructive as the rally in recent days has seen it touch $44,000 and threaten to break above the February-March highs of $45,426-$45,855, a development that would add to bullish sentiment.
ALT 5 News
Yahoo! Finance | March 23, 2022
ALT 5 Sigma Inc., announced the appointment of Mary Marland and GLobal Head of Sales. Mary Marland is a multi-faceted financial services executive with 20+ years of entrepreneurial and institutional experience in CIB sales, risk management, payments, and technology solutions.
Decrypt | March 22, 2022
Cryptocurrency asset manager Grayscale is expanding its line of investment funds to include non-Ethereum smart contract tokens. The Grayscale Smart Contract Platform ex Ethereum fund, or GSCPxE for short, allows investors to opt-in to some of the largest smart contract networks and Ethereum sidechains.
Coindesk | March 22, 2022
Goldman Sachs, the Wall Street heavyweight, completed an over-the-counter (OTC) cryptocurrency-related trade with the digital-asset financial company Galaxy Digital, in a transaction that the firms are characterizing as a first.
TipRanks | March 25, 2022
This week, market sentiment shifted dramatically, with positive performance ruling the crypto charts. Almost every major cryptocurrency has registered upward momentum, with many outpacing Bitcoin as confidence in the market’s outlook builds.
Florida Governor Ron DeSantis Says State Is ‘Figuring out Ways’ to Allow Businesses to Pay Taxes in Bitcoin
Bitcoin.com | March 22, 2022
On Tuesday, Ron DeSantis, the 46th governor of Florida appeared at a press conference with fellow colleagues in order to sign a bill that mandates financial literacy in schools throughout the state. DeSantis touched on many subjects as Florida’s governor noted that he is concerned about U.S. president Joe Biden’s recent digital currency-focused executive order.
Coindesk | March 24, 2022
On March 9, U.S. President Joe Biden issued an executive order on digital assets. Commenting on the order, a senior member of the administration stated that some 40 million Americans – 16% of the total U.S. population – have reportedly invested in or are trading crypto.
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.