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Performance Summary of the ‘Top Cryptocurrencies of the Week’ on Coincast TV

For the full performance summary, please visit Coincast News

On season one of Coincast TV, Caleb and Brown featured in the ‘Top Cryptocurrencies of The Week’ segment over the course of 12 weeks.

Caleb and Brown ran a segment highlighting weekly spotlight investments, so how did it go?

Our strategy actually outperformed the market by +110.9%, despite there being a downturn in the market.

But what does this actually look like in dollar figures?

Say you put in $100,000 in week one and sold at the end of each week, you’d now be looking at nearly 190,000 in pocket change.

That’s a return of +89%, beating the industry benchmark by +110.9%. Not a bad result for just 12 weeks.

  • Caleb and Brown’s top cryptocurrencies of the week resulted in a profit of +89% over 12 weeks.
  • Outperforming the industry benchmark (Crypto20) by +110.9% – Crypto 20’s performance over the same period was down by -22%
  • Outperforming Bitcoin by +94.1% – Bitcoin’s perfromance over the same period was down by -5%)

With the volatility of the crypto market, was this just luck or clever choices?

I personally believe this space is not quite mature enough for SP500 market cap weighted index style portfolios. Portfolios containing altcoins need to be actively managed because of the volatility in market cycles. Jackson Zeng, COO Caleb and Brown.

Institutions have a firm hold of information flow before it reaches the public with traditional stock markets. The distributed nature of crypto means information goes straight to the public, which is where most of the capital comes from.

This means shorter news cycles and subsequently shorter market cycles. However, that’s not to say crypto is a “cash up quick” market. Like any market, there are no guarantees.

The full list of Caleb and Brown’s “Top Cryptocurrencies of The Week” over 12 weeks:

For the full performance summary, please visit Coincast News

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

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Coincast TV – Episode 12 broadcasted on 26 Oct, 2018 | *Season Finale* | Sky News Business

Top Cryptocurrencies of the Week – As at Oct 25, 2018

  • Bitcoin (BTC) – This week, Bitcoin’s short volume has been sitting 50% greater than longs demonstrating negative market sentiment as many people are expecting a drop while those playing the long game are expecting the price to go up. But market overexposure to shorts could spell susceptibility to a short squeeze that may create a rapid price rally.
  • In this segment, I’d like to highlight a number of key dates in the coming months. Firstly, Bakkt Futures exchange is expected to launch on December 12, more on this later.
  • Futures are a market-rationalizing force, and it’s possible the media attention are this event may disrupt the very speculative crypto market as we near the trading launch date. An example of this was during Bitcoin’s 2017 bubble as the CBOE Futures launched.
  • On the other hand, ETFs generally provide long exposure to an asset class and developments continue as the SEC’s next decision date for the SolidX VanEck ETF is set for late December. However, given the SEC’s previous track record, the decision could be postponed until February next year.

Caleb and Brown’s Spotlight Cryptocurrency of the Week:

  • Monero (XMR) – This top privacy coin successfully performed its cryptography update named “Bulletproofs”. The update improves Monero scalability, dropping transaction fees by 95%, down to an average cost of only 2 cents.
    As the cryptocurrency industry develops, the need for private transactions in public blockchains will find demand from employee salaries and business-related payments.

If you’ve been following our segment all season, you can find a summary of our portfolio’s performance  published on Coincast News and Multiplier – Crypto Business NewsHere

Coincast TV

Top Cryptocurrencies Performance Summary – Coincast TV | Season 1

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 11 broadcasted on 19 Oct, 2018 | Sky News Business

Top Cryptocurrencies of the Week – As at Oct 18, 2018

  • Bitcoin (BTC) – This week, the insolvency scare of stablecoin Tether, caused a short-lived spike in Bitcoin’s price.

    In a rush to withdraw funds from the Bitfinex exchange, investors purchased BTC, pushing the price from just $6400 to almost $7800 USD on the exchange. This happened in only a two hour window, before settling back down. This sudden spike cleared out $60 million dollars of short volume. But over a 48 hour period, short trader volume returned and is now over 50% greater than longs, demonstrating a pessimistic sentiment on price.

    We suspect bitcoin price may fall further next week as those who moved their tether holdings into BTC are opening accounts in other locations to sell their bitcoin back into US dollars.

Caleb and Brown’s Spotlight Cryptocurrencies of the Week:

  • 0x Protocol (ZRX) – The open protocol for decentralized exchange on the Ethereum blockchain, became only the 6th cryptocurrency to be listed on Coinbase Pro. With the ongoing Bitfinex controversy, we anticipate trading volume to migrate to Coinbase Pro, providing further exposure to the ZRX token.
  • Bitcoin Cash (BCH) – The Bitcoin fork has been gathering steady merchant adoption across Australia. Having fallen to 6.8% of the BTC price, if it reaches the next point of support at 5.5% of BTC, it may represent a resilient entry point, as the asset is held by a community of ardent believers in the bitcoin fork.

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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The Future of Crypto Assets and Blockchain

Dr Prash Puspanathan CEO, Caleb and Brown on #Coincast TV | Sky News Business

First came the millennials, then the first tech-savvy adopters, but when will financial services finally take the plunge into crypto?
Dr. Prash speaks to Coincast TV reporter Heidi Cuthbert about the future of Crypto Assets and Blockchain.

Interview Transcripts:

1. The first wave ofcrypto assetsinto cryptoassets has been young tech-savvy millenials, who’s the second wave going to be?

I think we are firmly in the 2nd wave now. There is a commonly talked about S-curve of adoption staring with innovators, probably the tech savvy millennials you brought up right at the outset. Then come the early adopters which is probably what we are seeing now. Running a brokerage, I have the luxury of an intimate insight into investor demographics and it is heartening to see that there really isn’t a typical one. Our oldest investor is 75, we are gradually seeing an increase in female investors which is something the industry still lacks, the diversity is promising for the market as a whole.

The third wave, almost counter-intuitively, appears likely to be the financial services industry. We already seeing big moves by large institutional players globally which is forging the path and as regulation moves gradually towards Cryptocurrencies becoming a regulated financial instrument, I expect to see Wealth managers and financial advisors who are currently constrained by its unregulated nature being able to invest into this market. However, that will only come with greater oversight, improved custodial solutions and greater adoption and usage of Crypto.

But, baby steps.

2. Why is holding crypto better than holding cash?

I guess this is first best qualified by asking another question, which is “Who’s asking?”

If you are a Syrian refugee trying to flee across a border, then Crypto is definitely a more portable asset than a bag of cash
If you live in Venezuela where hyperinflation has made your local currency a worthless store of value, then yes

But if you are asking from the perspective of a developed world investor in a stable economy, government and political climate such as we are in, then perhaps one of the main value propositions of Crypto is its capacity to act as a Non-correlated asset as compared to any Fiat currency markets. Whether or not you believe that the next global financial downturn is imminent, inevitable or likely, Cryptocurrencies allow investors the opportunity to diversify their portfolios by acting as a hedge against Fiat market risk.

3. There are over 1700 different Cryptocurrencies out there. What do you think the future of all of these will be?

I expect that the future will see a consolidation, and a dramatic one at that, of the different coins out there with a narrowing down to a few select categories, broad use-case scenarios.

Specific coins which hold the mantle of both market share and value proposition within those categories will likely garner market share from the rest and establish themselves as the sole primary currency for that broader purpose.

To compensate, infrastructure that is built around the current multiple different coins will adapt to make themselves malleable enough to work with the reduced specificity of the eventual coin that is used for their industry or purpose.
This would lead to a situation more analogous to the current currency landscape.

4. How can investors manage the extreme volatility of crypto assets?

The short answer is…with difficulty.

Look Crypto markets are going to be inevitably volatile, a reflection of the small market capital and just how early on we are in the cycle of adoption. The total market capital of Bitcoin is only $200Billion. In comparison, the market capital of Gold is $7 trillion. So any event geopolitical, economic, local or international that causes market fluctuations which would cause barely a ripple in the depth of the fiat currency market is likely to be reflected by shifts in the Crypto market. It’s like throwing a pebble into the ocean vs into your bathtub.

To minimise volatility, investing in the currencies with a larger market capital, that have been around for longer and have a more stable architecture and infrastructure around them and not chasing the ludicrous 100x gains from newer, speculative coins is probably the most sensible strategy I can recommend alongside having a diversified Crypto portfolio. It’s one of the key lessons we educate our clients on.

5. What’s the future of blockchain – is it bigger than the internet?

The internet was arguably the greatest revolution in the way society operates, relates to each other and functions. Ever.
Comparisons have been made suggesting that “Blockchain technology” in all its iterations may eclipse that.
I think the greatest promise though lies in the confluence of almost mind-bendingly revolutionary technologies that we sit on the cusp of, the synergy of which would mean a sum that is exponentially greater than its parts.
Blockchain technology, Cryptocurrencies, Artificial Intelligence, VR technology, renewable energy, Quantum Computing.

We are heading into a time of the greatest ideological and functional change the world has ever seen, led by technology. But more than the volume of change, the rate of change has never been higher than it is now. And crucially the acceleration of change: The rate of change of the rate of change is what truly gives me goosebumps and I’m glad to be alive and part of this.

Dr. Prash is the CEO at Caleb and Brown 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.

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Coincast TV – Episode 10 broadcasted on 12 Oct, 2018 | Sky News Business

Top Cryptocurrencies of the Week – As at Oct 11, 2018

  • Bitcoin (BTC) – After three weeks of stable bitcoin pricing without major announcements occurring, Bitcoin has taken a small tumble.

    It could potentially be looking to test the $6150 support price again. Bitfinex Short traders volume continues to be a mild 18% greater than long volumes.

    60-day price volatility down to just 4%, we haven’t seen Bitcoin this steady for 2 years, since October 2016. As a comparison, since then, bitcoin’s market cap has grown 10 times while trading volume has grown 80 times.

Caleb and Brown’s Spotlight Cryptocurrencies of the Week:

  • TRON (TRX) – The smart contract platform claims to be 200 times faster than Ethereum and 100 times cheaper than EOS. Their version 3.1 update goes live this week, enabling the Tron Virtual Machine for decentralised application developers and users to start testing their smart contracts.
  • Basic Attention Token (BAT) – The BAT token is the payment method used by publishers, advertisers and users for the new web browser, Brave, which has gathered an impressive 4.6 million active users in a short amount of time.

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 9 broadcasted on 5 Oct, 2018 | Sky News Business

Top Cryptocurrencies of the Week – As at Oct 4, 2018

  • Bitcoin (BTC) – It’s been another stable week for bitcoin with the price hovering around the US $6,500 mark as we enter the fourth quarter.

    Traders are waiting patiently to see which way the trend will break out.

    With only about a 10 percent difference, the volume of Long and Short traders are relatively close to parity.

    We anticipate far less price volatility for at least the next month.

Caleb and Brown’s Spotlight Cryptocurrencies of the Week:

  • Ethereum (ETH) – Bitmex Research has published a study that shows ICO treasury accounts no longer hold a significant amount of Ether.Just 830 million US dollars of Ether are held in ICO treasury accounts compared to the US $5.4 billion dollars raised.

    Going forward Ethereum’s price may see less selling pressure from the industry’s burn rate.

    But in the short term, Ethereum is trading only 10 percent below the 50-day moving average.

    Traders may get an opportunity to make a quick short trade before re-entering at a target above the 180 dollar support level.

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.

Caleb & Brown No Comments

Coincast TV – Episode 8 broadcasted on 27 Sept, 2018 | Sky News Business

Top Cryptocurrencies of the Week – As at Sept 26, 2018

  1. Bitcoin (BTC) – Bitcoin didn’t experience any major movement following (SEC)’s announcement on Thursday 20th that it has begun a formal review process for the physically backed bitcoin ETF proposed by VanEck and SolidX.

    Many analysts speculated that the order DOES DELAY the ruling, but it moves the timetable up a bit since it came prior to the Sept. 30 deadline.

    Short volume on BTC have fallen 20% since the announcement. so it looks like the market has is feeling a more positive sentiment.

    Without any major catalysts in the near horizon, we anticipate a potential for slow upside in quarter 4 with the next milestone resistance at $7400

Caleb and Brown’s Spotlight Cryptocurrencies of the Week:

  1. MakerDAO (Maker) – A Platform generating stablecoins collateralised through smart contracts – Has just received a $15m investment from Venture fund Andreeson Horowitz into the governance token. As stablecoins will play a vital role in the market, our team holds Maker in high regard, as it offers a solution that does not rely on human audit, but provable smart contracts.
  2. Litecoin (LTC) – Litecoin, reached a significant support level of $50, tested multiple times since October 2017. Speculators looking to re-enter their Litecoin position may start to do so over the coming weeks, as we could be nearing the price bottom.

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 7 broadcasted on 21 Sept, 2018 | Sky News Business

Top Cryptocurrencies of the Week – As at Sept 20, 2018

  1. Bitcoin (BTC) – Price Analysis – Bitcoin this week stayed relatively stable as the market waits to see which direction the price will break out from the consolidation. We’re also waiting on the catalysts such as ETF decisions this month. However, the drawn out market anticipation of a decision delay from the SEC is likely already baked into the price, so we don’t anticipate a dramatic movement if that is the case. Bitcoin’s 60-day volatility for the past two months has been below 10%, down significantly since its high of 42% at the start of the year.

Caleb and Brown’s Spotlight Cryptocurrencies of the Week:

  1. Ripple (XRP) – Targeting the cross-border payments industry, the xRapid platform provides a solution that saves financial institutions 40-70% in costs and drops settlement times from 2 to 3 days down to 2 minutes
  2. Eos (EOS) – On our spotlight again this week, EOS is showing promise as projects continue to migrate from Ethereum to EOS (like Bancor), with EOS Application users and transactions actually surpassing Ethereum this week.

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.

Caleb & Brown No Comments

Coincast TV – Episode 6 broadcasted on 14 Sept, 2018 | Sky News Business

Top Cryptocurrencies of the Week – As at Sept 13, 2018

  1. Bitcoin (BTC) – Price Analysis – Bitcoin takes another fall this week. The difference between its highs and lows continue to narrow as it closes in on a 7-month price consolidation down to $6000. There is a possibility of retesting the year’s low of $5800 which may be catalysed by an industry expectation that the CBOE ETF decision due Sep 30 will be delayed or rejected.

Caleb and Brown’s Spotlight Cryptocurrencies of the Week:

  1. Ethereum (ETH) – The largest smart contract platform has taken a staggering 18% correction this week as its ICO capital raises have fallen to 15 month lows, but bounced off an old support level at $175.
  2. Eos (EOS) – The third generation Blockchain without the burden of supply held primarily by ICOs, EOS is holding much stronger than its largest competitor during this week’s market correction.

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.

Caleb & Brown No Comments

Coincast TV – Episode 4 broadcasted on 31 Aug, 2018 | Sky News Business

Top Cryptocurrencies of the Week – As at Aug 30, 2018

  1. Bitcoin (BTC) – Bitcoin made a steady recovery this week.
  2. IOTA (MIOTA) – The Internet-Of-Things distributed ledger technology is being used in Volkswagen’s “Digital CarPass” in 2019.
  3. Nano (NANO) – An instant, zero fee, scalable digital currency. One of last week’s top cryptos continues to rise.
  4. Icon (ICX) – A Korean smart contract platform made recent announcements to spend $5million in a token buyback program.
  5. Caleb and Brown’s Crypto Spotlight of the Week: Holochain (HOT) – A 4-month-old Distributed Ledger technology is trending as one of the most mentioned cryptocurrencies.

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.