4th November 2021 > > CBA.

tl;dr

The Commonwealth Bank of Australia knows far more about cryptos than J.P. Morgan.

Market Snap

Market Wrap

Tapering is quite likely to cause havoc in bond markets. If so, expect a rapid reversal to tapering plans and ever higher highs for stocks, property and cryptos.

Occasional Series – Harry and Meghan and Cop26

If chutzpah and hypocrisy contribute just the teeniest, weeniest amount to climate change, we will all be burning in a hell-like furnace by 3pm Friday.

Curious Cryptos’ Commentary – Commonwealth Bank of Australia (CBA)

CBA has announced that it will launch crypto trading services for the 6.5 million users of its CommBank app. There will be ten supported cryptos with BTC, ETH, BCH (why??) and LTC named at this stage.

The app will provide seamless execution and custodial services like stock trading.

Yet another one of the many small steps being taken on the path to global crypto adoption.

Curious Cryptos’ Commentary – J.P. Morgan (yawn, again)

In a recent research report the analysts at JPM state that the fair price of BTC is $35k.

In the same research report the same analysts at JPM state that BTC will outperform all other asset classes in 2022.

…

The mandated requirement to become a JPM analyst is failing your Maths O level.