XBTO

📢 XBTO is happy to announce the official listing of the $ENA Token, the governance token of the Ethena Protocol. Ethena, built on the Ethereum blockchain, introduces USDe, a synthetic dollar designed to offer a digital currency independent of traditional banking. To access $ENA, get started▶️ https://bit.ly/3RYCjsK Ethena Labs #ENA #DeFi #Crypto #Blockchain #Innovation

🔄 Bitcoin's resilience continues to shine as it reverses a 4% loss to regain the $57,000 mark, with Ether also surpassing $3,000. As Philippe Bekhazi, CEO and Founder of XBTO noted on CoinDesk, “It’s a case of more summer blues for investors. Sellers are more motivated than buyers right now, with many on holiday and small miners shutting down. However, this pattern aligns with typical post-halving market cycles.” The market's focus is now shifting from Mt. Gox repayments to U.S. Federal Reserve policies, with traders keenly eyeing economic data releases and Fed Chair Jerome Powell's testimony later this week. #Bitcoin #Crypto #Blockchain #XBTO #DigitalAssets #MarketTrends https://lnkd.in/dEV48WWY

Looking back at May, our Diamond Hands ETH fund performed well in with month-to-date returns at 1.02% and inception-to-date returns at 2.03% in ETH. The unexpected approval of Ethereum ETFs triggered a significant ETH rally, allowing the fund to capitalise on premiums received from deeply out-of-the-money put options. Don't miss out on emerging market trends: https://lnkd.in/eETR3PH8 #Ethereum #ETH

In June, BTC and ETH consolidated in narrow ranges, making earning theta favourable in this environment. Strategic opportunities are arising with potential ETH ETF developments and a possible rate cut. Selling a September Put option could be profitable, providing a good entry point ahead of a rate cut cycle and subsequent risk rally. Don't miss out on emerging market trends - get started with XBTO: https://lnkd.in/eETR3PH8 #BTC #ETH

Market Watch - June Summary In June, strong Non-Farm Payroll numbers followed by a softer Consumer Price Index buoyed markets, raising hopes for potential easing of monetary policy. The Federal Reserve maintained a "higher for longer" approach, but we might see a rate cut this year. Significant insights are expected post-summer, especially with elections approaching. Stay tuned for more updates. Don't miss out on emerging market trends - get started with XBTO: https://lnkd.in/eETR3PH8 #MarketOutlook

As we reflect on June, the crypto markets have trended sideways into the typically slow summer months. The Federal Reserve's stance on maintaining higher rates for longer is notable, but potential rate cuts could be on the horizon due to economic weakening. Bitcoin mining is consolidating post-halving, impacting smaller miners. Despite challenges, Tether and MicroStrategy continue to support Bitcoin even as ETF inflows slow. Don't miss out on emerging market trends - get started with XBTO: https://lnkd.in/eETR3PH8 #Crypto #Bitcoin #MarketTrends

Supporting the Canton Network is an important step for us. The launch of the Global Synchronizer is a significant advancement in enhancing interoperability and governance within the blockchain industry. Partnering with leading market participants, we look forward to contributing to a more decentralised and efficient future. Digital Asset #Blockchain

Our panel discussion at our inaugural #FutureFinance event, featuring Javier Rodriguez Alarcon, Chief Commercial Officer and Head of Asset Management at XBTO, delved into the crucial role of active management in digital assets. 🔍 Key Insights: - Cryptocurrencies’ high volatility and low correlation with traditional assets create significant advantages for active management  - Market microstructure advantages like 24/7 trading and diverse instruments also make the case for active management compelling - Active manager’s toolkit of sophisticated investment techniques and risk management strategies are tailored for the unique crypto markets - Active managers are able to navigate infrastructure complexities on behalf of investors  Watch the full recording here: https://lnkd.in/dZTHQqmi #FutureFinance #ActiveManagement #DigitalAssets #XBTO #InvestmentStrategies #CryptoFinance

Dr. Saifedean Ammous, renowned economist and author of The Bitcoin Standard, delivered a compelling keynote at our #FutureFinance event held in Abu Dhabi. His analysis of Bitcoin’s crucial role in modern finance provided invaluable insights. 📚 Key Takeaways: - The critical role of #Bitcoin as sound money - Bitcoin’s monetary uniqueness - The investment case for Bitcoin 👉 If you missed the event, you can still access the full keynote here: https://lnkd.in/dZTHQqmi #FutureFinance #BitcoinStandard #DigitalAssets #XBTO #FinanceInsights

📉 Market Update: Summer Blues for Bitcoin ☀️ As we progress through the summer, the cryptocurrency markets are experiencing significant downward pressure. #Bitcoin, having recently fallen below $59,000, has reached a new low for June. Philippe Bekhazi, CEO of XBTO, provided a detailed analysis of the current market conditions with Investor's Business Daily: "It's summer blues for investors, as crypto market prices tumble and it seems like there is no relief in the near term, and no immediate catalyst to propel prices back upward. Profit taking is hurting bitcoin and the overall cryptocurrency market, while some geopolitical risk is also creating uncertainty." Full article: https://lnkd.in/gmYwT8vP #MarketUpdate #Crypto #Bitcoin