How to Authenticate Solana Users with Phantom Wallet

Contents

Introduction

By Ivan Liljeqvist

Welcome back everybody. It’s been another exciting week in crypto and we’re pleased to bring you the next edition of The Blockchain Review. All eyes are on the Jackson Hole symposium for clues of the Federal Reserve’s next moves. Meanwhile major crypto players continue on with their acquisition attempts and agreements to solidify their business ready for the next major bull market, whenever that may be.

The Jackson Hole Economic Symposium will be the 45th of its kind, held in Wyoming and sponsored by the Federal Reserve Bank of Kansas City. The event hosts central bankers, monetary policymakers and economists from around the world. These are the people entrusted with making fiscal policy and decisions in much of the developed world. A gathering of those interested in the ongoing health of the traditional finance system.

The key speech will be the one delivered by Fed Chair Jerome Powell later today and markets will again look for indications on shifts in policy and whether their economic outlook is more hawkish or dovish. We’ve seen how markets react to Powell’s post Fed Reserve meetings and minutes which are later released. The same could happen today, depending on how his words are interpreted and whether there are further indications of the interest rate path in the coming months.

Whilst Tradfi debates policymaking and continues on with their established practices, the most established crypto players continue in their ascent and influence. There were several firms and projects which unfortunately didn’t survive the onset of the bear market and cascading liquidations. The reasons why can normally be traced back to poor risk management. But the healthiest centralized crypto companies including Coinbase, Binance & FTX are looking to solidify their positions.

Binance has just signed a Memorandum of Understanding with the South Korean city of Busan for the provision of technological help and services. Busan is a regulatory freezone for blockchain companies so they can base themselves somewhere without being subject to the hindrance of usual regulations in their early development. The city is also developing its own blockchain ecosystem and plans to launch the Busan Digital Asset Exchange in the coming months.

With Great Respect,
Ivan Liljeqvist

Cryptocurrency Market Overview and Analysis

For those new to my analysis, I do trend trading over long timeframes.

Global tech only has two outcomes: Giant success or catastrophic failure. Tech either does a 100x or goes to zero, with little in-between. Before reaching either end point, the asset price will trend for extended periods.

My process aims to give exposure during those periods of established trends. That way I can enter with more capital for any given risk, compared to a hold only approach. I don’t try to catch tops or bottoms. I don’t worry about intraday

movements. My style of analysis is not suitable for day traders or range traders. When it comes to tech, the big gains come from catching big moves over long periods
of time.

This is an analysis at one moment in time. Market structure can change in an instant. When presented with new information,
I will adjust my opinion accordingly.

Disclosure: I hold Bitcoin, Ethereum, Luna and Solana ETP price tracker certificates in ISK through my bank. Through company ownership I also hold small exposure to misc. additional tokens.