Martin is a research analyst at CrossTower. Martin has several years of experience in conducting deep fundamental research and cryptocurrency analysis. Prior to joining CrossTower, Martin was a fixed income research analyst at Wells Fargo Securities, where he helped support traders, salespeople, and buy-side clients through his actionable investment recommendations. He has a passion for crypto and has followed the space extensively since 2012. Martin holds a BA from Colorado College, where he graduated with Distinction in Economics.
As of April 5, 2021, the Filecoin trust only had $8.1 million of assets, according to Grayscale. This is a very small amount relative to the recent $1+ billion of 24-hour trading volume CoinGecko shows, suggesting there are other key drivers behind the increase in price.3 May 2021
In our view, many institutional investors are entering with a buy-and-hold mentality given their understanding of Bitcoin as digital gold. The on-chain data suggests that these investors, traditionally seen as smart money, saw the January price weakness as an opportunity to acquire BTC or enter the space, which supports our bullish view of BTC.3 May 2021
Investors are just starting to digest the potential impact on the economics of Ethereum.3 May 2021