On June 9th, 2021, the government of El Salvador adopted legislation officially recognizing bitcoin as legal tender. Nearly twenty years (plus one global financial crisis and one global pandemic) later, El Salvador is embracing bitcoin and opening its doors to the global bitcoin community. With the passage of the Ley Bitcoin (Bitcoin Law) El Salvador […]
This content adapted from Two Prime Digital Assets’ April 27, 2021 report, “The Rise of Institutional Ethereum Investors,” available for free download here. For daily and weekly reportage and analysis of this fast-changing landscape, visit Two Prime Insights. Neither Ethereum’s highs nor lows so far in 2021 have necessarily been huge surprises to Two Prime […]
Ethereum On-Chain Data Hints at Institutional Adoption This content adapted from Two Prime Digital Assets’ April 27, 2021 report, “The Rise of Institutional Ethereum Investors,” available for free download here. There has been a lot of incredible news about Ethereum’s price since we first delivered our April 27 talk. Up to that point, we had […]
BTC Futures Slip Into Backwardation. Two Prime’s CIO, Nathan Cox, was featured in CoinDesk after BTC futures on the Chicago-based CME exchange slipped into backwardation for a few days. “Backwardation” is a condition sometimes observed in commodities markets where prices on near-month contracts exceed those for further-out delivery dates. Cox said, “BTC’s backwardation does […]
Everyone is suddenly wondering if the bull cycle is over after a series of erratic Elon Musk tweets that sent the markets into sheer panic. Bitcoin pulled back a whopping 35%, and the greater crypto markets as a whole are down. Does Elon Musk really have that much power over the markets, or was there […]
This content adapted from Two Prime Digital Assets’ April 27, 2021 report, “The Rise of Institutional Ethereum Investors,” available for free download. Ethereum’s developer network dwarfs Bitcoins. This is laying the groundwork for the new wave of digital investment tools that are attracting traditional institutional investors who wouldn’t have given digital assets a second thought […]
The world’s adoption of digital assets is accelerating thanks to banks offering Bitcoin and Ethereum products and services. Every week there’s news of institutions finding ways to get exposure to digital assets through accepting them as payments, adding them to their balance sheet, or just outright buying it. Here are just a few of the […]
Our Chief Investment Officer and 20-year options trading veteran Nathan Cox was just recently on the Crypto Rundown Podcast with Mark Longo. The Crypto Rundown is a podcast on Options Insider and you can listen to the full episode here. During the podcast, Nate and Mark discuss ETHs current parabolic run-up, Bitcoin’s disappointing price action, […]
Every week the Two Prime team keeps track of the biggest institutional news in digital assets. Below we’ve highlighted some of the most impactful news stories of the last week. Goldman Sachs Offers Bitcoin Product Goldman Sachs announced today that it has opened up trading with non-deliverable forwards, a derivative tied to Bitcoin’s price […]
Demand for intelligent, risk-managed exposure to digital assets has never been higher. While everything is still very bullish, one day, the market will reverse. Our digital asset fund maximizes upside while reducing downside risk to protect wealth for when this happens. PR exposure continues to increase for our team as the media looks to thought […]