Hosted every other Friday, Virtual Currency Investment Navigation is a live program led by Jason, exploring cryptocurrency market trends along with essential investment skills and tools.
Program Details
- Date: November 8, 2024
- Time: 2:30 PM (GMT+8)
- Duration: 30 minutes
- Speaker: Han Xu, Director at HashKey Capital
- Language: Mandarin
Speaker Profile
Han Xu oversees blockchain and digital asset research, as well as licensed fund investments at HashKey Capital. With a background as Chief Researcher at Zhongtai International and BOCOM International, he specializes in global financial markets, fintech, and digital asset management.
Education:
- Dual Master’s in Operational Research & Business Statistics (University of Kent & Hong Kong Baptist University)
- Bachelor’s in Applied Physics (Beihang University)
Key Discussion Topics
Election Impact on Crypto Markets
- Bitcoin surged past $75,000 amid early U.S. election results favoring Trump.
- Dogecoin (+30%) and Solana (+16%) also rallied significantly.
- How might the final election outcome influence these trends?
Federal Reserve’s Rate Decision
- Analysis of the latest Fed meeting and its implications for crypto.
Bitcoin ETF Outflows
- November 4, 2024, saw a historic $541 million net outflow from Bitcoin ETFs.
- Reasons behind pre-election withdrawals.
Stablecoin Strategies
- Arthur Hayes’ Maelstrom fund allocated 5% to staked USDe (Ethena USD) for 13% yield.
- Comparison: USDe vs. USDT/USDC.
- Sustainability of USDe’s yield mechanism.
FAQs
Why are Dogecoin and Solana rising alongside Bitcoin?
Market sentiment ties these altcoins to broader crypto momentum and election-driven speculation.
What caused the Bitcoin ETF outflows?
Investors likely reduced exposure due to election uncertainty and profit-taking.
Is USDe’s 13% yield sustainable?
While attractive, its long-term viability depends on Ethena’s collateralization and market demand.
👉 Explore crypto ETF strategies
Disclaimer
This program’s speakers are not affiliated with Phillip Securities Group. Views expressed are personal and not endorsements. Investment decisions should be based on thorough risk assessment.
Bosera HashKey Bitcoin ETF (3008) and Ethereum ETF (3009) are sub-funds under Bosera Global ETF, authorized by Hong Kong’s SFC. Authorization does not imply endorsement.
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