Do you remember when current account balances used to earn interest? The mechanism was simple: when the bank lent you money, it charged you an interest rate in return; when you were the one lending money to the bank, it paid you interest, credited quarterly to your current account. Indeed, the difference between interest received and interest paid, known as the intermediation margin, is the main source of income a bank earns from its business, and so far, everything checks ou

The lights go out, people huddle together, the room is lit only by the candles on the cake, and the traditional “Happy Birthday to You” begins… That’s right, Digital Asset Momentum has come of age. If it were a person, at three years old it would still be in preschool. But in our industry, at three years old you’re already celebrating your “18th birthday”: you’ve seen enough to know your way around, you have a track record that speaks for itself, and you’re starting to be tre

At the beginning of the year, reviewing asset allocation is a key step for every financial advisor. In a context characterized by persistently high interest rates, greater macroeconomic uncertainty, and less linear returns than in the past, the issue of diversification is once again a priority. In recent years, a specific question has been coming up more and more often: does it make sense to include even a small amount of Bitcoin in a traditional portfolio made up of stocks

At the heart of the digital transformation reshaping financial markets, digital assets are emerging as one of the most disruptive and controversial innovations. Born as instruments of disintermediation and economic freedom, they now represent a fully fledged emerging asset class, capable of attracting institutional capital, regulatory attention and growing interest from sophisticated asset managers. Yet while the return potential is high, the structural volatility of these in

Data shows that BTC’s “average annual returns have gradually declined, with no peaks at all in the last cycle, confirming the hypothesis that Bitcoin's risk/return structure has changed.” The phenomenon of financial bubbles is hotly debated among industry operators, and there are several academic papers on the subject, starting with Professor Didier Sornette’s 2014 study of financial bubbles. In fact, the paper defines a “bubble” as a period of unsustainable growth with price

In an increasingly competitive and fragmented financial environment, a new need arises for family offices, entrepreneurs and...

In recent months, markets have reminded us how difficult it is to navigate among persistent inflation, rising public debt, geopolitical...

n previous articles we have talked about the history of Gold ( Inflation is the main threat to the containment of purchasing power for...

In previous articles, we have seen how gold has been able to transfer value over time (even centuries or millennia), and how Bitcoin is...

In previous articles we have talked about gold as a long-term store of value and also that gold is the only asset that has been able to...

There are countries like Argentina, Turkey and African countries, where inflation is in double or triple digits, so the loss of the...

Inflation is often a hidden, insidious tax that gradually drains purchasing power, making everything more expensive over time. We notice...

The life we are accustomed to is structured around various routines: spring cleaning, the seasonal wardrobe change in summer, holiday...

September has historically been a challenging month for digital assets. As shown in the table below, the average return for September has...

In 2013, when I was first introduced to Bitcoin and how it works, its price was around 300 Dollars. At the time, not having understood...

Over the past 15 years we have witnessed the incredible growth of the digital asset phenomenon. Bitcoin was the first scarce digital...

In a fast-changing world of technological innovation, many have realised the potential of investing in digital assets, and as among all...

If you are not from Mars, or even if you are, you've surely heard that Paypal has launched a stablecoin in partnership with Paxos (or an...

In 2022 all investment asset classes, apart from commodities for the first part of the year, lost value, and Bitcoin was no exception....

Today, digital assets represent the most asymmetrical bet in the history of investments. What does "asymmetrical" mean? It means that, if...