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Coincast TV – Episode 3 broadcasted on 24 Aug, 2018 | Sky News Business

Top Cryptocurrencies of the Week – As at Aug 23, 2018

  1. Bitcoin (BTC) – Dubbed digital gold Bitcoin finds some stability after last week’s decline, bouncing between $6300 and $6700 as ETF applications continue to be rejected
  2. VeChain (VET) – An enterprise-focused blockchain connecting with the real world by providing Internet-of-Things integration. After a recent successful mainnet launch, VechainThor price rises sharply as its network usage rises and announces a blockchain vaccine tracing solution for China.
  3. Nano (NANO) – A plublic chain infrastructure supporting customizable blockchains and providing common modules for different distributed scenarios. This week NANO begins its blockchain’s mainnet launch, finishing on October 1st
  4. Ontology (ONT) – An instant, zero fee, scalable digital currency successfully performs a public stress test, and surges 96% in price as a result
  5. Caleb and Brown’s Crypto Spotlight of the Week: Pundi X (NPXS) – Blockchain-based point of sale (POS) system. A recent partnership reveals 1,000 POS devices are to be deployed in Colombian shop fronts as the company tackles South America, one of the world’s biggest crypto hotspots.

Watch full episodes, here www.coincasttv.com.

Caleb and Brown is proud to sponsor “Top Cryptocurrencies of the Week”  segment of Coincast TV, a show that promises to bring education, up to date market information and the latest news from the Cryptocurrency world to mainstream investors. It furthers our commitment to helping bridge the gap between traditional investors and the cryptocurrency markets.

Broadcasted on Sky News Business and syndicated across Apple TV, The Wall St Journal and related social platforms, reaching an audience of almost 200 million viewers worldwide.

Coincast TV

The show will air weekly on Sky News Business in Australia at 7.30pm (EST) on Friday evenings, with several repeat episodes over the weekend.

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SEC Rejects 9 Bitcoin ETF Proposals

We’ve been hearing about Bitcoin ETFs frequently of late. From the anticipation and subsequent rejection of the Winklevoss ETF to the application of the VanEck SolidX Bitcoin Trust.

Yesterday, the Securities and Exchange Commission (SEC) has published three orders rejecting 9 bitcoin exchange-traded fund (ETF) proposals. It’s a pretty long list.

  • ProShares Bitcoin ETF
  • ProShares Short Bitcoin ETF
  • Direxion Daily Bitcoin Bear 1X Shares (“1X Bear Fund”)
  • Direxion Daily Bitcoin 1.25X Bull Shares (“1.25X Bull Fund”)
  • Direxion Daily Bitcoin 1.5X Bull Shares (“1.5X Bull Fund”)
  • Direxion Daily Bitcoin 2X Bull Shares (“2X Bull Fund”)
  • Direxion Daily Bitcoin 2X Bear Shares (“2X Bear Fund”)
  • GraniteShares Bitcoin ETF (“Long Fund”)
  • GraniteShares Short Bitcoin ETF

This week the market had a short-lived burst in price in anticipation of the decisions from $6400 to a high of $6899 (USD) and then correcting right back to the $6400 range today as though the market had no genuine belief that those applications would pass.

Will we ever get an ETF?

The VanEck SolidX Bitcoin Trust seems to be the most likely candidate as the first successful Bitcoin ETF and is due for decision at the end of September, but can (and is highly likely to) be delayed until the final date in February 2019.

The language of the rejections to date presents a hopeful tone, stating the SEC “emphasizes that its disapproval does not rest on an evaluation of whether bitcoin or blockchain technology more generally, has utility or value as an innovation or an investment.”

These words are in accord with SEC commissioner Hester Peirce assertion that it is not the SEC’s role to be the gatekeeper of innovation. They seem to be waiting for certain infrastructure to be available for the surveillance of potential market manipulation before giving out that the elusive ETF approval.

What is a Bitcoin ETF anyway?

A Bitcoin Exchange-Traded-Fund is a fund that owns underlying assets, (in this case, Bitcoin), and then divides the ownership of those assets into shares.

Example: If the fund owned 20 Bitcoin, and was divided into a total of 10 shares, of which Alice owned 1 share, then she’d have indirect ownership of 2 Bitcoin. The important distinction is that it can be traded like shares on the stock market.

This can play a significant role in pushing up bitcoin’s price because currently, institutions don’t have an easy way of gaining exposure to bitcoin without having to deal with the “physical” custody of the private keys. This will finally open the doors for institutions with billions in assets under management to add 1% of bitcoin to their portfolio as a non-correlation asset.

Jackson Zeng, COO, Caleb and Brown breaks down the jargons around Bitcoin ETF in this video.

  • What is a Bitcoin ETF?
  • Why does it matter?
  • How does this affect the market?

Jackson Zeng is the COO at Caleb and Brown is available to guide new and seasoned investors.

About Jackson Zeng:
Jackson has five years of trading experience in the cryptocurrency space and founded Bit By Bit Capital, one of Australia’s first private trusts investing in cryptocurrency.

connect with us

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

Image source: Toshi Times

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Coincast TV – Episode 2 broadcasted on 17 Aug, 2018 | Sky News Business

Top Cryptocurrencies of the Week – As at Aug 15, 2018

  1. Bitcoin (BTC) -This week as the cryptocurrency market took a dramatic fall as we continue to face ETF rejections and delays. Bitcoin demonstrates robustness over most alt coins, facing a 5.27% drop while most smaller coins experienced double-digit declines in price.
  2. Stellar (XLM) A cross-border payments network, was the only cryptocurrency in the top 10 to outperform hold better than Bitcoin this week.
  3. Waves (WAVES) A decentralised exchange platform for cryptocurrencies, is one of the few cryptocurrencies this week to see a positive price movement as trading activity increases steadily on their decentralised exchange.
  4. Metaverse ETP (ETP) A digitized assets platform incorporating “Oracles,” provides digital identity and asset management functions on the blockchain. Metaverse’s “Blockchain as a Service” business model is demonstrating value as actual use-case adoption beyond just price speculation.
  5. Caleb and Brown’s Crypto Spotlight of the Week: Cardano (ADA) Created on the foundation of peer-reviewed academic papers, Cardano is the 3rd largest scaleable smart contract platform by market cap. It has just announced a Google Chrome Extension wallet, providing a much simpler way to interact with the Cardano blockchain than the previously complex interface. Currently, at only 7% of its All-Time-High price, Cardano may be nearing the bottom of its price decline.

Watch full episodes, here www.coincasttv.com.

Caleb and Brown is proud to sponsor “Top Cryptocurrencies of the Week”  segment of Coincast TV, a show that promises to bring education, up to date market information and the latest news from the Cryptocurrency world to mainstream investors. It furthers our commitment to helping bridge the gap between traditional investors and the cryptocurrency markets.

Broadcasted on Sky News Business and syndicated across Apple TV, The Wall St Journal and related social platforms, reaching an audience of almost 200 million viewers worldwide.

Coincast TV

The show will air weekly on Sky News Business in Australia at 7.30pm (EST) on Friday evenings, with several repeat episodes over the weekend.

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Coincast TV – Episode 1 broadcasted on 10 Aug, 2018 | Sky News Business

Top Cryptocurrencies of the Week – As at Aug 8, 2018

  1. Bitcoin (BTC) -12% this week at $6750, facing a Winklevoss Twins ETF
    rejection has fallen back to $6750 USD, but may have hopes for a rebound in
    the coming months as the CBOE ETF application is still in play. Alongside
    this news, the owner of the New York Stock Exchange is in collaboration with
    Microsoft and Starbucks to create a platform allowing Bitcoin to be spent at
    every Starbucks in the world.
  2. Holochain (HOT) +15% this week at $0.000675 – an emerging competitor in
    the non-blockchain structure of Distributed Ledger Technology, is continuing
    to show price strength and community growth since its 100% rise on news of
    Binance exchange listing last week.
  3. Ethereum Classic (ETC) +5% this week at $17.40. This fork of Ethereum
    was created due to a portion of the community having a difference in
    philosophy to the resolution of to the infamous $150m DAO hack on the
    Ethereum network in June 2016. Following a launch on Coinbase Pro’s
    exchange platform as well as the popular Crypto Trading App Robinhood, this
    cryptocurrency is one of the few that saw a positive price move this week.
  4. Binance Coin (BNB) -4% this week at $13.26, the utility token for world’s
    highest transaction volume exchange, is continuing to demonstrate strength
    as a safe harbour during the correction this week a red sea of double-digit
    percentage drops in the top 100 cryptocurrencies as the company continues
    to announce upcoming funds and acquisitions
  5. Caleb and Brown’s Crypto Spotlight of the Week: Hedera Hashgraph – A very anticipated Distributed Ledger Technology project promising rapid transaction throughput, has announced its public $20
    million ICO offering after disclosing a private capital raise of $100 million.
    Additionally, Coinbase Custody has announced that Hedera Hashgraph is
    among the candidates that their custodian solution could potentially support in
    the future, despite the fact that the coin has yet to launch its Blockchain.

Watch full episodes, here www.coincasttv.com.

Caleb and Brown is proud to sponsor “Top Cryptocurrencies of the Week”  segment of Coincast TV, a show that promises to bring education, up to date market information and the latest news from the Cryptocurrency world to mainstream investors. It furthers our commitment to helping bridge the gap between traditional investors and the cryptocurrency markets.

Broadcasted on Sky News Business and syndicated across Apple TV, The Wall St Journal and related social platforms, reaching an audience of almost 200 million viewers worldwide.

Coincast TV

The show will air weekly on Sky News Business in Australia at 7.30pm (EST) on Friday evenings, with several repeat episodes over the weekend.

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Crypto Education to the Masses

– Media release

We Are Teaming Up With Coincast TV

Caleb and Brown is proud to sponsor “Top Cryptocurrencies of the Week”  segment of Coincast TV, a show that promises to bring education, up to date market information and the latest news from the Cryptocurrency world to mainstream investors. It furthers our commitment to helping bridge the gap between traditional investors and the cryptocurrency markets.

“We look forward to the opportunity to work closely with Heidi Cuthbert and the production team to curate the content of our segment so that viewers only get the most up to date news on the best Cryptocurrencies to look out for each week”, said Dr Prash P, CEO Caleb and Brown.

The greater investment community has been waiting for an accessible and trusted news source about Cryptocurrencies. The show will be broadcast on Sky News Business and syndicated across Apple TV, The Wall St Journal and related social platforms, reaching an audience of almost 200 million viewers worldwide.

Coincast TV

The show will air weekly on Sky News Business in Australia at 7.30pm (EST) on Friday evenings, with several repeat episodes over the weekend.

The first show will go to air on Friday, 10 August 2018.
For more information, visit www.coincasttv.com.

Coincast TV executive producer Heidi Cuthbert, who brings her experience as a former Bloomberg Television anchor to the show, described the new program as ‘CNBC meets MTV’.

Ms. Cuthbert said:

“We have recruited a team of former business journalists from highly regarded media outlets such as Sky News and Bloomberg. While we are producing sponsored content, we will keep ultimate editorial control of the program”.

The list of other major sponsors along with Caleb and Brown includes CollinStar Capital, Japan-based ICO advisor CTIAb and Bitcoin Australia.

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What is a Bitcoin ETF?

There is a huge emphasis on Bitcoin ETFs in the investment community.

Jackson Zeng, COO, Caleb and Brown breaks down the jargons to give his take on this hot topic.

  1. What is a Bitcoin ETF?
  2. Why does it matter?
  3. How does this affect the market?

1. What is a Bitcoin ETF?
A Bitcoin Exchange Traded Fund (ETF) allows Bitcoin to be traded on the stock market. A trust would hold the asset on behalf of the fund while investors can trade its shares on the exchange.

2. Why does it matter?
Trading of Bitcoin currently involves digital asset custody. Investors and Institutions are concerned about handling that risk themselves. A Bitcoin ETF provides a new option for traders to get exposure to Bitcoin without having to worry about securing the digital asset themselves.

3. How does this affect the market?
Reducing the barriers to entry enables a new category of investors to join the market, which may spell greater liquidity and positive price movement as that money enters the space. It will also be a step forward in regulatory clarity on Bitcoin

Experts views from other sources:

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Jackson Zeng is the COO at Caleb and Brown is available to guide new and seasoned investors.

About Jackson Zeng:
Jackson has five years of trading experience in the cryptocurrency space and founded Bit By Bit Capital, one of Australia’s first private trusts investing in cryptocurrency.

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

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Know Your Tokens!

This article was first published by ICOscoring on Medium

Securities Exchange Commission (SEC) – USA and Financial Market Supervisory Authority (FINMA) – Switzerland broadly categorizes tokens as per below:

Security tokens — this type is to some extent similar to securities.
Utility tokens — this type gives its holders the access to services provided by the project.
Payment tokens — this type has its own Blockchain and is often considered as a mean of payment.

Know-your-tokens

Key features of each token

Security token (SEC) / Asset token (FINMA): This category of tokens represents assets such as participation in real physical underlyings, companies, or earnings streams, or an entitlement to dividends or interest payments. In terms of their economic function, the tokens are analogous to equities, bonds or derivatives.

Utility token (SEC) / Utility token (FINMA): This category provides access to the goods & services that the project will launch in the future. Also, they can be used as a type of discount or premium access to the goods & services of the project.

Cryptocurrencies (SEC)/Payment tokens (FINMA): Usually, the tokens of this category have no further functions or links to other development projects. Speaking broadly, cryptocurrencies purpose is to be items of inherent value (similar, for instance, to cash or gold) that are designed to enable purchases, sales, and other financial transactions, They are intended to provide many of the same functions as long-established currencies such as the U.S. dollar, euro or Japanese yen but do not have the backing of a government or other body.

Depending on the type of token, organizers and participants of an ICO might have different rights and responsibilities. It is worth noticing that the safest type of token for investors is ‘security token‘. However, this type of token makes ICO more complicated and requires KYC/AML procedures. For instance, FINMA considers these tokens as a type of security and applies the same rules to them as for other securities (stocks, bonds, etc).

Important points to note for investors:

  • It is necessary to analyze the type of token and the economy behind it when making investment decisions.
  • It is a must to always remember that the price of the token is based on the basic principles of economics, such as the law of demand and fair value.
  • It is always advisable to understand the base value of token and its current and potential price in case all the targets are reached.

connect with us

Jeff Zylstra, is the senior crypto broker at Caleb and Brown to guide new and seasoned investors.

Call Jeff on +61 413 342 200 or Contact Us to discuss further.

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How to Profit from a Bear Market?

At Caleb and Brown, we pride ourselves on keeping our clients updated about the market trends, including how to take advantage of the bear market like a pro!

Our Senior Crypto Broker, Jeff Zylstra has compiled a comprehensive market analysis report with a personal example. Jeff has over 5 years of experience as a broker and been trading cryptocurrency since 2014.

December 2017/January 2018 periods were, right at the ‘Point of Maximum Financial Risk

At the moment from my analysis, it appears we are around capitulation and despondency area, very close to the ‘Point of Maximum Financial Opportunity‘.

Positioning is the most important thing in this market, giving yourself the best possible chance to maximize the effectiveness of your capital by leveraging the market cycle is extremely important for a long-term investment strategy.

It is a Rinse and Repeat scenario, example;

  • When people are greedy, you are being fearful and selling into the euphoria.
  • When people are being fearful and selling out of panic, desperation and depression.

These are the optimal times to be a buyer!

Here is a look at a Bitcoin daily price chart from this year’s market cycle so far. How many similarities do you see comparing the market cycles?

BitcoinBitcoin-Price-Cycle

If you happened to have bought during peak thrill and euphoria I would stop worrying all the time, stop watching the price every day because guess what?

You are an investor, not a TRADER. Traders care about the day-to-day, week-to-week price fluctuations.

The nature of this very market is volatile, +5% -10% is just part of the everyday background noise.

Investors are playing the long game, and HOLDING has been proven by many traders to be a solid strategy.

You just got to have the strength to keep your emotions out of the game.

When I first bought Ethereum at $26 I felt the same feelings of anxiety and panic you felt when I saw the price move all the way down to $6.

I was questioning my investment, my strategy and the market. I felt really depressed at this stage.

I was very lucky that I drowned out the negative thoughts and emotions and held strong.
This market is an amazing tool for transferring wealth from the IMPATIENT to the PATIENT.

BE PATIENT!

Moral of the story is, Ethereum hit an all-time high of $1389.00 USD ($1891.26 AUD). I hit an average of 100x my original investment in this trade, looking back I don’t know what I was worried about.

There will be no reward without risk, no glory without suffering.

If you are looking for a position, a friendly chat or further information on market cycles reach out to me.

Jeff Zylstra is available as your broker to guide you through this jungle.

Call Jeff on +61 413 342 200 or Contact Us to discuss further.

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Caleb & Brown to Take Part in Vinnies CEO Sleepout Fundraiser

Caleb & Brown’s CEO, Dr. Prash P, is set to participate in the annual Vinnies CEO Sleepout in Melbourne this year to raise funds for Australians experiencing homelessness.

The event’s Victorian iteration will be taking place on Thursday, June 21, and will see hundreds of CEOs, business owners, and community and government leaders camping out on one of the coldest nights of the year to support Australians experiencing homelessness.

“The event is underpinned by a peer-to-peer fundraising campaign, which culminates with participants sleeping on a piece of cardboard at the event and listening to the stories of real people who are experiencing poverty and homelessness,” states Ms Sue Cattermole, the CEO of Victoria’s St Vincent de Paul Society.

Dr. Prash will be one of 183 CEOs participating in the event, and is eager for the opportunity to raise awareness about the pressing issue of homelessness in Australia as well as the need to help organisations assisting disadvantaged people.

“My training as a doctor has seen me spend the better part of the last decade working in the public mental health system and as a direct result has made me face up to the dire straits of my many homeless patients,” states Dr. Prash.

“Their struggle was very real, painfully apparent and all around me. Thankfully organisations like Vinnies were always there with open arms to offer shelter and solace, but their good work can only stretch as far as the resources that we make available to them.”

The first CEO Sleepout took place in 2006 and has since grown into a major initiative that offers real solutions for disadvantaged Australians. Last year’s nation-wide events raised a massive 5.6 million dollars, with Vinnies hoping to make an even bigger impact in 2018.

CEOSleepout-beds

When you sponsor a team or CEO taking part in the Sleepout, your funds provide tangible support to people needing assistance nation-wide and help to break down the cycle of homelessness. Your donation will directly contribute to:

  • funding new Vinnies initiatives;
  • providing additional support for existing initiatives, such as food vans and emergency support;
  • expanding the reach of Vinnies services to ensure every Australian experiencing homelessness has access to shelter, meals, and emergency assistance.

According to the Australian Bureau of Statistics, over 116,000 Australians are currently experiencing homelessness. Shockingly, 60% are under 35, 44% are women, and 13% are under 12 years old. These statistics are alarming, but Dr. Prash believes that we can achieve major change by working together.

For example, $55 feeds a family for a day, $105 provides emergency accommodation for a family in crisis, $205 relocates a person sleeping on the streets to accommodation services, and $505 helps to pay rent for a family facing eviction.

If you want to help Caleb & Brown combat homelessness in Australia, head over to Dr. Prash’s fundraising page to learn more or make a donation. Otherwise, come and see the Sleepout in action on Thursday, June 21 at The University of Melbourne‘s Parkville campus inside the South Lawn Underground Carpark.

When it comes to supporting people in need, every little bit counts!

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Caleb & Brown Wins SAFAA FinTech Startup of The Year 2018

MEDIA RELEASE

Why being named Fintech start-up of the year is helping to bridge two worlds.

Last week, investment brokerage ‘Caleb & Brown’ were awarded ‘Fintech Start-up of 2018’ at the inaugural Stockbrokers and Financial Advisors Association (SAFAA) Fintech Awards in Melbourne.

This year, the SAFAA have recognised the need to represent the new technology era by including areas such as- artificial intelligence, big data, cloud, blockchain, regtech, and Crypto, with this awardplaying an important role in establishing cryptocurrency as an innovative area of the greater financial market.

Stockbrokers And Financial Advisers Association (SAFAA) FinTech Start Up of the Year 2018
Stockbrokers And Financial Advisers Association (SAFAA) FinTech Start Up of the Year 2018

Dr. Prash P, Founder of Caleb & Brown says that “This is a milestone not just for us as a company, of course it is great to be recognised by the FinTech industry, but this is a major win for the cryptocurrency industry as a whole’. The ‘old-school’ financial services industry have embraced crypto enough to say, ‘not only is this a real thing, but we will award them for their help bringing us closer to innovative technology”. By solving key problems for investors in the emerging cryptocurrency market, Caleb & Brown have demonstrated that they are helping to bridge the gap that exists between the finance industry and the new, emerging fields of FinTech.

The three-day conference which saw over 500 local and international stockbrokers and advisors descend on Melbourne for the purpose of community enlightenment and networking also had its focus on embracing technology. Andrew Green, the CEO of SAFAA stated “Technology is at the heart of change and ‘disruption’ and ‘disintermediation’ is where the (fintech) industry is being challenged to remain relevant – we need to be embracing technology, not ignoring it”.

Whilst this type of financial technology is not fully embraced and is still viewed as being ‘on the other side of the fence’, according to Dr. Prash P, awards like this are helping to “brings us out of the shadows”.

Stockbrokers And Financial Advisers Association (SAFAA) FinTech Start Up of the Year 2018

Crypto is at the pointy end of the innovation spectrum, and for some it has not been so readily embraced, however the momentum is undeniable and as Dr. Prash P says, “we can’t keep ignoring it”.

About Stockbrokers And Financial Advisers Association (SAFAA):

The Stockbrokers And Financial Advisers Association (SAFAA) advocates for ethical, efficient and stable, listed capital and debt markets in Australia.

  • SAFAA has both Principal and Practitioner Members.
  • Principal Members comprise leading stockbroking and financial advisory firms and investment banks.
  • Practitioner Members comprise experienced stockbrokers and financial advisers.
  • In addition to its Advocacy role, SAFAA provides specialist education and training for its Practitioner Members.

The Association was formed in 1999 as the Securities & Derivatives Industry Association (SDIA), then became the Stockbrokers Association of Australia (SAA), and in November 2016 became the Stockbrokers And Financial Advisers Association (SAFAA).

Since 1999, SAFAA and its predecessors have played a pivotal role in shaping the ethical and efficient development of listed equity, debt and derivatives markets in Australia.

Specifically, the Association has:

  1. Trained more than 10,000 investment professionals
  2. Convened hundreds of Workshops and Committee Meetings to discuss industry issues
  3. Submitted dozens of thoroughly researched policy papers to government and regulators – papers that have significantly Influenced policy settings

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Whether you are new to the market, or a seasoned trader, Caleb & Brown can help to realise your goals register your interest.