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Mainnets and Token Swaps – April 2019

Contact us immediately to ensure you secure a limited place!

 

3rd April 2019

Spectrum (SPT)

Token Burn

Spectrum is planning to burn 100M SPT.

https://medium.com/effect-ai/effect-ai-brings-artificial-intelligence-to-eos-main-net-ead7e68e09fa

 

11th April 2019 (or earlier)

Kore (KORE)

Fork

The fork is expected to occur in less than 30 days.

https://medium.com/@Waltonchain_EN/waltoncoin-wtc-exchange-list-2d211728086b

 

30th April 2019 (or earlier)

Walton Chain (WTC)

Main net token swap

This is expected to take place in mid to late April.

Note: DO NOT transfer your ERC20 WTC tokens to Waltonchain Wallets before the mainnet token swap.

https://twitter.com/NewKoreCoin/status/1104697677751627777

 

Effect.AI (EFX)

Migration to EOS Blockchain

The Effect Network will be migrating to the EOS Blockchain, which the project considers top be “a leading blockchain platform.”

https://spectrum-token.com/#roadmap

 

Your personal broker would be happy to discuss some of these projects. Contact them today!

Whether you are new to the market, or a seasoned trader, Caleb & Brown can help to realise your goals. Call us on +61 1800 849 149  or Contact Us to discuss further.

connect with us

 

The information herein is not intended as legal, financial or investment advice and should not be construed or relied on as such. No material contained herein should be construed or relied upon as providing recommendations in relation to any legal or financial product. This email contains confidential information intended only for the person named above and may be subject to legal privilege. If you are not the intended recipient, any disclosure, copying or use of this information is prohibited and you must destroy the original transmission and its contents. Caleb and Brown provides no guarantee that this communication is free of virus or that it has not been intercepted or interfered with. If you have received this email in error or have any other concerns regarding its transmission, please notify support@calebandbrown.com. Any views expressed within this communication are those of the individual sender. This communication should not be copied or disseminated without permission.s The information you provide will not be given to any third parties. If you need to request changes to any information you have provided, please contact us. The information will not be given to third parties unless we are compelled by law. Any personal information in this document must be handled in accordance with the Privacy Act 1988 (Cth).
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Price Commentary – Bitcoin – 14th March 2019

Commentary by Jackson Zeng, COO Caleb & Brown

Bitcoin: USD $3,851 (14 Mar 2019 2:53 pm)

Another steady week for Bitcoin. This week we ranged from $3,770 to $3,950, consistently maintaining above the 50 day EMA.

However, it looks like margin long positions are closing while shorts are opening as the two are currently converging. This would indicate to me that several traders are showing a lack of short term confidence in Bitcoin sustaining current price levels. RSI continues to remain neutral.

A positive note is the absence of a rapid retracement when the price encroached toward the $4000 price tag, but it’s likely too early to tell. Once again, we’re paying close attention to the band between the moving averages and the $4000 level in the coming weeks.

 

Buy Bitcoin and 100s of other cryptocurrencies with Caleb and Brown

 

Whether you are new to the market, or a seasoned trader, Caleb & Brown can help to realise your goals. Call us on +61 1800 849 149  or Contact Us to discuss further.

connect with us

 

The information herein is not intended as legal, financial or investment advice and should not be construed or relied on as such. No material contained herein should be construed or relied upon as providing recommendations in relation to any legal or financial product. This email contains confidential information intended only for the person named above and may be subject to legal privilege. If you are not the intended recipient, any disclosure, copying or use of this information is prohibited and you must destroy the original transmission and its contents. Caleb and Brown provides no guarantee that this communication is free of virus or that it has not been intercepted or interfered with. If you have received this email in error or have any other concerns regarding its transmission, please notify support@calebandbrown.com. Any views expressed within this communication are those of the individual sender. This communication should not be copied or disseminated without permission.s The information you provide will not be given to any third parties. If you need to request changes to any information you have provided, please contact us. The information will not be given to third parties unless we are compelled by law. Any personal information in this document must be handled in accordance with the Privacy Act 1988 (Cth).
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Price Commentary – Bitcoin – 7th March 2019

Commentary by Jackson Zeng, COO Caleb & Brown

Bitcoin: USD $3,882 (07 Mar 2019 3:53 pm)

 

There has been little activity with the Bitcoin price this week. It remained fairly stable along the 50-Day exponential moving average (EMA) and is holding as a support for now.

 

 

 

 

The price closed at $3700 below the EMA on 4th March before a prompt bounce and holding the price above $3800. This hints toward a strengthening in the support levels.

The relative strength index (RSI) is starting to climb again this week, sitting at 60 currently. Over the next two weeks we will paying close attention to the sell side volume.

This is especially important given we’re looking to retest the short term $4000 ceiling levels, as a rapid retracement again could signal weakness in this short-term trend and the greater mid-term trend.

 

Buy Bitcoin and 100s of other cryptocurrencies with Caleb and Brown

 

Whether you are new to the market, or a seasoned trader, Caleb & Brown can help to realise your goals. Call us on +61 1800 849 149  or Contact Us to discuss further.

connect with us

 

The information herein is not intended as legal, financial or investment advice and should not be construed or relied on as such. No material contained herein should be construed or relied upon as providing recommendations in relation to any legal or financial product. This email contains confidential information intended only for the person named above and may be subject to legal privilege. If you are not the intended recipient, any disclosure, copying or use of this information is prohibited and you must destroy the original transmission and its contents. Caleb and Brown provides no guarantee that this communication is free of virus or that it has not been intercepted or interfered with. If you have received this email in error or have any other concerns regarding its transmission, please notify support@calebandbrown.com. Any views expressed within this communication are those of the individual sender. This communication should not be copied or disseminated without permission.s The information you provide will not be given to any third parties. If you need to request changes to any information you have provided, please contact us. The information will not be given to third parties unless we are compelled by law. Any personal information in this document must be handled in accordance with the Privacy Act 1988 (Cth).
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Mainnets and Token Swaps – March 2019

Contact us immediately to ensure you secure a limited place!

 

28th February 2019 (or earlier)

Matrix AI Network (MAN)

Mainnet Launch

https://github.com/MatrixAINetwork/MATRIX_WEEKLY-Q-As/blob/master/MAY%2C%202018/Q%26As_2018.5.30.md

Vertcoin (VTC)

Hard Fork

https://www.reddit.com/r/vertcoin/comments/aaly4v/vertcoin_core_release_0140rc1_lyra2rev3_main/

Fivebalance (FBN)

Swap Instructions

https://steemit.com/fbn/@fivebalance/fbn-swap-notification

Metadium (META)

Mainnet Launch

https://medium.com/metadium/metadium-protocols-token-swap-timeline-94d33628be8a

 

2nd March 2019 (or earlier)

Energi (NRG)

Fork to POS

https://twitter.com/Energicrypto/status/1097596341033816066?s=19

 

4th March 2019 (or earlier)

Skycoin (SKY)

Skywire Mainnet Launch

https://www.youtube.com/watch?v=88_6Gjkhivw&feature=youtu.be&t=908

 

6th March 2019

Bytecoin (BCN)

Mainnet Hardfork

https://bytecoin.org/blog/bytecoin-roadmap-q4-2018-q1-2019

Aeternity (AE)

Minerva Mainnet Release

https://blog.aeternity.com/%C3%A6ternity-blockchains-first-hardfork-and-minerva-release-3efbbe39a723

 

15th March 2019

THETA (THETA)

Mainnet Launch

https://medium.com/theta-network/theta-network-major-project-updates-c0e268420ada

ClearPoll (POLL)

Switch to ETH Blockchain

https://medium.com/@voteclearpoll/clearpoll-update-2-22-19-58738a85fb7c

 

19th March 2019

WandX (WAND)

WandX DEX Mainnet Launch

https://blog.wandx.co/development-update-mainnet-launch-of-dexs-new-native-tokens-73694bf4fe80

 

24th March 2019

Steem (STEEM)

MainNet Release

https://steemit.com/steem/@steemitblog/smts-release-dates

 

31st March (or earlier)

QuarkChain (QKC)

Mainnet 1.0

https://quarkchain.io/

aelf (ELF)

Mainnet Launch

https://ambcrypto.com/aelf-are-successfully-deploying-their-testnet-and-mainnet-is-coming/

QLC Chain (QLC)

Mainnet Launch

https://medium.com/qlc-chain/adjustment-of-qlc-chains-development-plan-6a9dc9dbf4ca

Credits (CS)

Mainnet & Token Swap

https://credits.com/en/Home/New_Ins/4199

Repme (RPM)

ERC-20 Token Swap

http://repme.io/#roadmap

MIB Coin (MIB)

Swap Process

https://medium.com/mib-coin/we-announce-some-information-about-trading-mib-coin-in-crypto-exchanges-576781073f85

Zilliqa (ZIL)

Token Swap

https://zilliqa.com/

OST (OST)

Swap BT for ETH Beta

https://medium.com/ostdotcom/ost-project-roadmap-2017-2021-scaling-blockchain-economies-to-billions-of-users-7754f58112a6

Morpheus.Network (MRPH)

Mainnet Launch

https://morpheus.network/roadmap/

Apex (CPX)

Apex Network MainNet

https://medium.com/apex-network/apex-behind-the-scenes-1-3c5275955086

PCHAIN (PAI)

Mainnet Launch

https://t.me/pchain_org

 

Your personal broker would be happy to discuss some of these projects. Contact them today!

Whether you are new to the market, or a seasoned trader, Caleb & Brown can help to realise your goals. Call us on +61 1800 849 149  or Contact Us to discuss further.

connect with us

 

The information herein is not intended as legal, financial or investment advice and should not be construed or relied on as such. No material contained herein should be construed or relied upon as providing recommendations in relation to any legal or financial product. This email contains confidential information intended only for the person named above and may be subject to legal privilege. If you are not the intended recipient, any disclosure, copying or use of this information is prohibited and you must destroy the original transmission and its contents. Caleb and Brown provides no guarantee that this communication is free of virus or that it has not been intercepted or interfered with. If you have received this email in error or have any other concerns regarding its transmission, please notify support@calebandbrown.com. Any views expressed within this communication are those of the individual sender. This communication should not be copied or disseminated without permission.s The information you provide will not be given to any third parties. If you need to request changes to any information you have provided, please contact us. The information will not be given to third parties unless we are compelled by law. Any personal information in this document must be handled in accordance with the Privacy Act 1988 (Cth).
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Price Commentary – Bitcoin – 28th February 2019

Commentary by Jackson Zeng, COO Caleb & Brown

Bitcoin: USD $3,801 (28 Feb 2019 2:30pm)

This week the price of Bitcoin pushed further up to $4200 before a sizeable correction back to the 50 day exponential moving average (EMA) at $3700.

There are two main outcomes we’re looking out for in the next few weeks.

  1. The first is the possibility of a long-term trend reversal, identifying $3200 as the bottom. In order for this to happen, we would need to see a significant increase in volume. In addition to this, we would also need repeated break outs and a few greater short term highs.

If the 50 day EMA, which previously acted as resistance, turns into a support for a sustained period of time, it may confirm this outcome.

 

  1. The other possibility is a short term moving average breakout before continuing down the bear trend. At this stage, I would not be confident in predicting a definitive bottom, as it is still too early to call.

The quick retracement when we broke into an overbought RSI and average volume hints at the latter holding true.

 

Buy Bitcoin and 100s of other cryptocurrencies with Caleb and Brown

 

Whether you are new to the market, or a seasoned trader, Caleb & Brown can help to realise your goals. Call us on +61 1800 849 149  or Contact Us to discuss further.

connect with us

 

The information herein is not intended as legal, financial or investment advice and should not be construed or relied on as such. No material contained herein should be construed or relied upon as providing recommendations in relation to any legal or financial product. This email contains confidential information intended only for the person named above and may be subject to legal privilege. If you are not the intended recipient, any disclosure, copying or use of this information is prohibited and you must destroy the original transmission and its contents. Caleb and Brown provides no guarantee that this communication is free of virus or that it has not been intercepted or interfered with. If you have received this email in error or have any other concerns regarding its transmission, please notify support@calebandbrown.com. Any views expressed within this communication are those of the individual sender. This communication should not be copied or disseminated without permission.s The information you provide will not be given to any third parties. If you need to request changes to any information you have provided, please contact us. The information will not be given to third parties unless we are compelled by law. Any personal information in this document must be handled in accordance with the Privacy Act 1988 (Cth).
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Understanding Risk in Your Cryptocurrency Portfolio

What we often see from Crypto investors:

  • Comparative returns from the last highs and lows in the market represented a variance in portfolio 10x higher than the client intended
  • There is no adequate exit strategy in place, when the clients “dream outcome” was realized, no return was crystalised

At Caleb and Brown, a key part of our service is to ensure our clients are equipped with the knowledge to make the best, informed cryptocurrency investment decisions. To bridge this gap, our team of specialised analysts are made accessible to all of our clients. In this, we are able to provide value by alerting clients of their asset performance and inherent risk in their portfolio balance.

 

Bee Weck, Broker

In this article we will outline an example portfolio risk assessment…

 

Over time, we have found that the average investor tends to overlook the inherent risks they are taking in their chosen portfolio.

Understanding your relationship with risk and balancing your portfolio accordingly is an integral part of successful investing, cryptocurrency or otherwise.

In general, the more risk, the more upside potential. However at the same time, the higher chance of loss.

Clients are often unaware of the risks in their portfolio

 

Isaac, a new client of Caleb and Brown, approached us to conduct a risk assessment on his $225,000 cryptocurrency portfolio.

First, we established Isaac’s existing strategy and what he envisioned for his portfolio. Like many other crypto investors, Isaac was attracted to the prospect of high returns, his existing expectations were aligned with his ‘dream outcome’. We noticed Isaac’s position was too exposed in especially high risk projects, which meant his potential upside was higher, but also the risk he was taking was greater. Isaac was risking more than he needed to.

In reality, the ‘dream outcome’ is an ambitious goal, but it can be realised with the appropriate portfolio. It was not necessary for Isaac to be so exposed to historically volatile projects (past performance does not necessarily indicate future performance) to achieve his goals.

Through consultation with his broker and other Caleb and Brown analysts we were able to assist him with a portfolio restructure, effectively increasing the likelihood of Isaac reaching his desired results.

The risk review process covers a number of factors, including concentration, market risk, risk deviation and liquidity risk.

 

“Clients are often unaware of market liquidity constraints. Small capitalization tokens can often see 20-30% below market prices when trying to liquidate large volumes. A diversified portfolio can reduce your exposure to this risk…”

– Bee Weck, Broker

 

As a direct result of this assessment, Isaac now has access to new information that will better guide his future financial decisions. More importantly, Isaac has the piece of mind of knowing his investments are optimally positioned to maximise his potential gains for him and his family.

Caleb and Brown is a well-established service that brings with it a variety of cryptocurrency knowledge. With over 20 years in collective crypto experience, we provide this expertise to you through free consultation so you can better understand this complicated asset class.

Yours sincerely,

 

 

 

 

Bee Weck

Bee is a broker and trading analyst for Caleb and Brown. Bee holds a Bachelor of Science in Pure Mathematics and has worked previously for high profile exchanges in analysing the risks and screening of cryptocurrency projects for exchange listing. Bee frequently speaks at Women in Blockchain events and has been actively engaged in the crypto market since 2016.

 

Whether you are new to the market, or a seasoned trader, Caleb & Brown can help to realise your goals. Call us on +61 1800 849 149  or Contact Us to discuss further.

connect with us

 

The information herein is not intended as legal, financial or investment advice and should not be construed or relied on as such. No material contained herein should be construed or relied upon as providing recommendations in relation to any legal or financial product. This email contains confidential information intended only for the person named above and may be subject to legal privilege. If you are not the intended recipient, any disclosure, copying or use of this information is prohibited and you must destroy the original transmission and its contents. Caleb and Brown provides no guarantee that this communication is free of virus or that it has not been intercepted or interfered with. If you have received this email in error or have any other concerns regarding its transmission, please notify support@calebandbrown.com. Any views expressed within this communication are those of the individual sender. This communication should not be copied or disseminated without permission.s The information you provide will not be given to any third parties. If you need to request changes to any information you have provided, please contact us. The information will not be given to third parties unless we are compelled by law. Any personal information in this document must be handled in accordance with the Privacy Act 1988 (Cth).
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Price Commentary – Bitcoin – 21st February 2019

Commentary by Jackson Zeng, COO Caleb & Brown

Bitcoin: USD $3,922 (as of 21 Feb 2019)

We saw another spike this week of 11% from $3550 all the way up to $3970.

Bitcoin has managed to break out of both the 50 day SMA and EMA (green, purple), as well as the descending trend line (orange).

The price is currently sitting just below the $4000 mark, 6% above the EMA.

We’re also noticing 6 consecutive green candles, which is the longest sustained short term rally since July 2018. It is rare to see 7 or 8 consecutive green candles so a possible scenario may be a red close on 21st or 22nd before retesting the $4000 mark and seeing if we can break up higher. This lines up with the RSI of 70 indicating brief entry into the overbought territory.

We’re looking forward to the next few weeks to see if sustained volume can help identify a reversal in mid and long term trends.

 

Whether you are new to the market, or a seasoned trader, Caleb & Brown can help to realise your goals. Call us on +61 1800 849 149  or Contact Us to discuss further.

connect with us

 

The information herein is not intended as legal, financial or investment advice and should not be construed or relied on as such. No material contained herein should be construed or relied upon as providing recommendations in relation to any legal or financial product. This email contains confidential information intended only for the person named above and may be subject to legal privilege. If you are not the intended recipient, any disclosure, copying or use of this information is prohibited and you must destroy the original transmission and its contents. Caleb and Brown provides no guarantee that this communication is free of virus or that it has not been intercepted or interfered with. If you have received this email in error or have any other concerns regarding its transmission, please notify support@calebandbrown.com. Any views expressed within this communication are those of the individual sender. This communication should not be copied or disseminated without permission.s The information you provide will not be given to any third parties. If you need to request changes to any information you have provided, please contact us. The information will not be given to third parties unless we are compelled by law. Any personal information in this document must be handled in accordance with the Privacy Act 1988 (Cth).
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Price Commentary – Bitcoin – 14th February 2019

Commentary by Jackson Zeng, COO Caleb & Brown

Among the biggest movers this week were Bitcoin (BTC) and Litecoin (LTC), showing more positive signs than other weeks previous.

Bitcoin: USD $3,574 (14 Feb 2019 1:41pm)

This week we saw a 9% spike recovering the price from approximately $3350 up to $3700.

However, once again we’re approaching the 50 Day simple moving average (SMA) and exponential moving average (EMA) resistance.

In the past year, of the 12 instances the Bitcoin price approached the higher of the 50 Day SMA and EMA, we’ve seen a 75% rejection rate as the first significant candle following the convergence of price and SMA/EMA (see image below).

On the other indicators, we’re seeing a neutral reading of 50 on the Relative Strength Index. But while we’re seeing lower highs, we’re still in the bear trend and the chance of a lower low (under $3200) is very much present.

These are particularly positive signs for the strength at which cryptocurrency markets may rebound in the future.

 

 

Whether you are new to the market, or a seasoned trader, Caleb & Brown can help to realise your goals. Call us on +61 1800 849 149  or Contact Us to discuss further.

connect with us

 

The information herein is not intended as legal, financial or investment advice and should not be construed or relied on as such. No material contained herein should be construed or relied upon as providing recommendations in relation to any legal or financial product. This email contains confidential information intended only for the person named above and may be subject to legal privilege. If you are not the intended recipient, any disclosure, copying or use of this information is prohibited and you must destroy the original transmission and its contents. Caleb and Brown provides no guarantee that this communication is free of virus or that it has not been intercepted or interfered with. If you have received this email in error or have any other concerns regarding its transmission, please notify support@calebandbrown.com. Any views expressed within this communication are those of the individual sender. This communication should not be copied or disseminated without permission.s The information you provide will not be given to any third parties. If you need to request changes to any information you have provided, please contact us. The information will not be given to third parties unless we are compelled by law. Any personal information in this document must be handled in accordance with the Privacy Act 1988 (Cth).
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Maximising Returns and Reducing Losses

At Caleb and Brown, a cornerstone of the service we provide is the direct access our clients are given via a personal broker. Each broker has an intimate knowledge of the portfolios of their clients, ensuring our guidance is tailored to your personal investment strategy and risk tendencies.

In this last month, I have personally been in close contact with a handful of clients to discuss portfolio strategy and to assess how we can best support each of you moving forward.

As some of you may know, Caleb and Brown has a team of in-house analysts who provide us with the latest news, analysis and insights within the wider crypto market. This coupled with real-time, detailed information on each of our clients portfolios allows us to give unique assessment and comparison for our clients portfolios.

This awareness can be deeply informative for brokers, and by extension, for you too.

This allows you to have a comparative overview of your position, including the performance of individual assets and their variance compared to the market, over varying periods of time. We want to ensure we support our clients to view their assets as a holistic balanced portfolio.

When a client trades with Caleb and Brown, it is of the utmost importance that they are educated in the best ways to safeguard any potential gains while also minimising your exposure to notably high-risk investment propositions.

Do not hesitate to contact your personal broker, as they are always open to further discussion. For us to be able to offer the best value to you, a comprehensive understanding of your portfolio goals, relationship with risk and overall investment strategy is paramount.

Next, I will demonstrate in more detail how Caleb and Brown helped a client identify and evaluate a series of potentially profitable trades, while also staying true to his outlined risk parameters.

 

Sign up for a FREE portfolio analysis today!

 

This is an example of how Caleb and Brown can assist active investors with your cryptocurrency buying, selling or restructuring needs. With our software, we have the ability to assist clients in understanding the prominent features of their personal portfolios. We can provide bespoke insight into how their crypto portfolio is currently self-managed, and areas for improvement.

 

Isaac has an opportunity to see significant savings using a Caleb and Brown tax assessment, and to reduce his portfolio risk alpha whilst maintaining its upside potential.

 

Isaac, a frequent trader with Caleb and Brown, wanted to invest a given amount of US dollars across a variety of coins. By looking over his previous trades and currencies we saw a high variance in the returns of his portfolio. Based on this insight, as a risk-averse investor, Isaac repositions his portfolio to reflect his risk appetite, and to protect the value of his assets in the long term.

This allows the client to ensure they’re capitalising on market volatility while sticking to their long-term structured investment goals. To make these types of decisions, you need to not only be aware of good projects, but also how to re-balance for risk. Not all projects are equal, even if their prices are. We want to help you make educated decisions when entering, during and when exiting the cryptocurrency market.

Many no longer view cryptocurrency as a niche investment, but rather an avenue for investors to invest across multiple industries and to hedge their portfolio.

These tools will allow for a greater sense of control and intelligence behind the decision making processes and planning of our clients.

Our aim is to help you achieve your investment goals in cryptocurrency by helping you make informed decisions.

 

Yours sincerely,

 

 

 

Jake Boyle

Business Development

 

 

Whether you are new to the market, or a seasoned trader, Caleb & Brown can help to realise your goals. Call us on +61 1800 849 149  or Contact Us to discuss further.

connect with us

 

The information herein is not intended as legal, financial or investment advice and should not be construed or relied on as such. No material contained herein should be construed or relied upon as providing recommendations in relation to any legal or financial product. This email contains confidential information intended only for the person named above and may be subject to legal privilege. If you are not the intended recipient, any disclosure, copying or use of this information is prohibited and you must destroy the original transmission and its contents. Caleb and Brown provides no guarantee that this communication is free of virus or that it has not been intercepted or interfered with. If you have received this email in error or have any other concerns regarding its transmission, please notify support@calebandbrown.com. Any views expressed within this communication are those of the individual sender. This communication should not be copied or disseminated without permission.s The information you provide will not be given to any third parties. If you need to request changes to any information you have provided, please contact us. The information will not be given to third parties unless we are compelled by law. Any personal information in this document must be handled in accordance with the Privacy Act 1988 (Cth).
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Samsung Could be ‘Bigger for Bitcoin than Bakkt’ | Micky.com.au

Originally published on Micky

A high-profile cryptocurrency analyst says Samsung’s next mobile phone could have a bigger impact on Bitcoin than Bakkt or an exchange traded fund (ETF). Joseph Young, a cryptocurrency and fintech expert with 95,000 Twitter followers, made the claim as supposedly leaked images revealed the new Samsung Galaxy S10 has support for cryptocurrencies.

“If Samsung integrates crypto to Galaxy S10, I think it may have a bigger impact than ETF and Bakkt combined,” Mr Young said.

“Partially because no one really knows what kind of exposure (an) ETF / Bakkt will bring … while millions of people use Samsung phones daily.”

(https://btcmanager.com/leaked-photos-suggest-samsung-s10-to-feature-crypto-wallet)

Dr Prash P., the CEO of leading Australian cryptocurrency broker Caleb and Brown, agrees that a Samsung Bitcoin wallet would be significant for the cryptocurrency industry.

“Mainstream validation is what the industry is screaming out for and thus far we have sought this out predominantly in the form of acceptance by the financial incumbents,” Dr Prash said.

“However, to gain this validation via a major player in the global technology sphere – that has chosen to do so out of its own agency and not because of a market created by the traditional financial market – is tremendous validation.

“On a more practical note, the ease of crypto support inbuilt into mobile phone tech will definitely be a boon for adoption due to the ease of use this promises.”

Unconfirmed Rumour

(https://micky.com.au/bitcoin-property-australian-sellers-accepting-crypto-despite-volatility)

In December of 2018, rumours began to emerge that Samsung was releasing a cryptocurrency wallet with its newest phone.

News website Sammobile said “we can confirm that the company is indeed developing one and that it may be launched with the Galaxy S10.” 

According to Sammobile, the cryptocurrency service would essentially have two parts. One would be a cold wallet for saving cryptocurrency, public and private keys as well as signing private keys for cryptocurrency transactions, while the other would be a wallet for transfers, viewing account information and transaction history.

Micky has so far been unable to find any proof the wallets have been developed, and blockchain news website Cointelegraph has previously said Samsung dismissed the reports as “rumour and speculation.”

“(The) suggestion was swiftly refuted by Samsung in private correspondence with Cointelegraph,” the website said.

It quoted Samsung as saying:

“Unfortunately we are unable to provide any information as the below is rumour and speculation.”

Samsung does, however, have three blockchain-related trademark requests that appear on the European Union Intellectual Property Office (EUIPO) website.

They are titled ‘Blockchain KeyStore,’ ‘Blockchain KeyBox’ and ‘Blockchain Core.’

(A screen shot from the EUIPO website, showing the application for the “Blockchain KeyStore” trade mark)

 

Dr. Prash is the CEO at Caleb and Brown, which is available to guide new and seasoned investors.

About Dr. Prash P:
Prash is considered a thought leader in the philosophical and existential implications of this emerging technology and is a regular speaker at industry conferences.

connect with us

Call Dr. Prash on +61 1800 849 149  or Contact Us to discuss further.