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Weekly Wrap

  -  Weekly Wrap (Page 2)

Download As PDF Week in Review Stock market volatility measures spike with both Dow Jones and S&P 500 bouncing from Wednesday’s abrupt dip as inflation records continue to worry investors. The crypto market experiences widespread volatility amidst US$1.3T in liquidations, a few weeks after the market’s highs. While the market dips, whales accumulate over 122,000 bitcoin.China reinforces a ban on financial institutions from providing crypto services,

Download As PDF Zerocap provides digital asset investment and custodial services to forward-thinking investors and institutions globally. Our investment team and Wealth Platform offer frictionless access to digital assets with industry-leading security. To learn more, contact the team at [email protected] or visit our website www.zerocap.com Week in Review Inflation climbs to highest levels in 13 years, concerns emerge as Dow Jones and S&P 500 fell more

Download As PDF Zerocap provides digital asset investment and custodial services to forward-thinking investors and institutions globally. Our investment team and Wealth Platform offer frictionless access to digital assets with industry-leading security. To learn more, contact the team at [email protected] or visit our website www.zerocap.com Week in Review The Dow Jones Index and S&P 500 rises to new highs once again.S&P 500 Dow Jones Indices establishes

Download As PDF Zerocap provides digital asset investment and custodial services to forward-thinking investors and institutions globally. Our investment team and Wealth Platform offer frictionless access to digital assets with industry-leading security. To learn more, contact the team at [email protected] or visit our website www.zerocap.com Week in Review Equities has had its strongest month since November, taking the week to cool off with sideways movements.Germany passes

Download As PDF Zerocap provides digital asset investment and custodial services to forward-thinking investors and institutions globally. Our investment team and Wealth Platform offer frictionless access to digital assets with industry-leading security. To learn more, contact the team at [email protected] or visit our website www.zerocap.com Week in Review Biden proposes higher tax rates aimed at the wealthy, causing a dip in U.S. equities and affecting crypto

Download As PDF Week in Review The S&P 500 and Dow Jones Index continue to make new highs as bond yields fall.Coinbase closes at $328 after its first day of trading, implying a $65 billion market capitalisation. Over 1 million shares of the stock were purchased by ARK Investments over two days. Ethereum upgrades to the Berlin Hard Fork, introducing many gas optimisations and a security

Download As PDF Week in Review Equities continue to push higher levels as the S&P 500 and Dow Jones Index continue to make all-time highs.The market cap of the cryptocurrency market crosses $2 trillion. Hong Kong-listed company, Meitu, buys another $10 million in bitcoin.Bitcoin’s futures market hits a record-high of $73,500 for June contracts. Coinbase reported astonishing numbers in their Q1 earnings report ahead of its IPO

Download As PDF Week in Review Archego’s Bill Hwang unwinds billions in leveraged equity positions causing an intraday sell off of key stocks. However, this was short-lived with the S&P 500 closing at over 4000 points, making a new all time high.Biden intends to fund a $2.25 trillion infrastructure plan with an increase in corporate tax rates.BlackRock dips it toes into Bitcoin futures.PayPal launches crypto

Download As PDF Week in Review Elon Musk announces that Teslas can be bought with bitcoin, and “bitcoin paid to Tesla will be retained as bitcoin, not converted to fiat currency.”Biden plans to spend a reported $3 trillion on recovery plans, with detailed proposals to be discussed in the coming weeks.Fidelity Investments and SkyBridge Capital file for bitcoin ETFs.Crypto hedge funds grew by 35% last

Download As PDF Week in Review The Federal Reserve triggers a muted rally on stocks and crypto by signalling there will be no increase in yield rates at least until 2023.Morgan Stanley rumoured to invest in Bithumb, a cryptocurrency exchange based in Korea.Hong Kong listed company, Meitu, buys another 16,000 ETH and 386 BTC.Deutsche Bank crypto report states that “bitcoin is too important to ignore”. Visa