Bitesize Insights – Perspectives on cryptocurrency

Cryptocurrencies had a challenging start to May. Terra Luna, a stable coin that had been among the largest market cap currencies, collapsed in May. The currency was pegged to the USD, but rapidly lost the peg to fall to less than $0.001 by 13 May. The collapse has spread through other cryptocurrencies. Bitcoin has shed around 60% of its value from the peak reached in November 2021. Ethereum has similarly seen its price fall around 60%.

In November 2021, we received a flurry of interest from investors asking whether we would approve cryptocurrencies, and whether they should be included in portfolios. At the time, we wrote a Perspectives note that we shared with our clients.

For this month’s insights, we have reproduced that Perspectives.

Here is a bitesize version which gives a brief overview of the key points of this month’s insights:

DOWNLOAD PDF VERSION »

VIEW FULL VERSION »


This presentation material and all the information contained herein is the property of Oreana Financial Services Limited (OFS), and is protected from unauthorised copying and dissemination by copyright laws with all rights reserved. This presentation material, original or copy, is reserved for use by authorised personnel within OFS only and is strictly prohibited from public use and/or circulation. OFS disclaims any responsibility from any consequences arising from the unauthorised use and/or circulation of this presentation material by any party. This presentation material is intended to provide general information on the background and services OFS. No information within this presentation material constitutes a solicitation or an offer to purchase or sell any securities or investment advice of any kind. The analytical information within this presentation material is obtained from sources believed to be reliable. With respect to the information concerning investment referenced in this presentation material, certain assumptions may have been made by the sources quoted in compiling such information and changes in such assumptions may have a material impact on the information presented in this presentation material. In providing this presentation material, OFS makes no (i) express warranties concerning this presentation material; (ii) implied warranties concerning this presentation material (including, without limitation, warranties of merchantability, accuracy, or fitness for a particular purpose); (iii) express or implied warranty concerning the completeness or relevancy of this presentation material and the information contained herein. Past performance of the investment referenced in this presentation material is not necessarily indicative of future performance. Investment involves risks. Investors should refer to the Risk Disclosure Statements & Terms and Conditions of the relevant document for further details. This material has not been reviewed by the Securities and Futures Commission of Hong Kong.

Insights

Read our latest insights to help you make better investment decisions and build stronger portfolios.

  • Weekly Economic Commentary

    Protected: Oreana Weekly Economic and Market Commentary – 8 August 2022

    Read more
  • Bitesize Portfolio Advisory Insights

    Bitesize Insights – Australian house prices – what goes up must come down?

    Read more
  • Bitesize Asset Allocation Review

    Protected: Bitesize Asset Allocation Review – July 2022

    Read more
A Licensed Financial Firm