Tide Capital: Is the Market Bottoming Out After July's Plunge?

July 15, 2024--Abstract
The German government has transferred all seized Bitcoins to exchanges, with the sell-off largely absorbed. Concurrently, Bitcoin spot ETFs saw significant net inflows in July, indicating U.S. investors are buying the dip. The Nasdaq continues to hit new highs, favoring risk assets. We believe BTC will rebound once market sentiment stabilizes.

Altcoins have undergone significant corrections, helping deflate market bubbles and fostering healthier conditions for the crypto market. Market concentration is increasing, suggesting holding BTC and ETH may continue to outperform.

Market Sell-off Subsiding, Bottom Formation Underway

German Government Sell-off Pressure Absorbed

The Saxony police confiscated nearly 50,000 Bitcoins in January and gradually began selling them from mid-June, totaling over $3 billion, triggering market declines. Currently, all these Bitcoins have been transferred to exchanges, mitigating future sell-off impacts.

New WFE Research quantifies the impact of stock exchanges on economic growth

January 6, 2025--The World Federation of Exchanges, the global industry association for exchanges and CCPs (The WFE), has published new research which analyses the link between stock market development and economic growth on a global scale.
The research analysed quarterly data from 36 countries over two decades (2003-2022).

5 transformational trends shaping global finance

January 6, 2025--The global economy has undergone seismic changes since the pandemic.
Major structural shifts are underway, shaped by five fundamental forces:
Deglobalization, decarbonization, debt, digitalization, and demographics.
The global economy is very different now compared with even just a few years ago.