⚡ Check your spot on the Zash app waitlist 👇 and our feature with Jessica Walker!
Building the future of retail investing
Here’s a quick update for you on our latest happenings and developments.
This week we’ve got some of our biggest news yet, our app is nearing public release and you can get early access!
Check it out below!
Make a Move, Check our Waitlist!
We’ve got some exciting news, our app is nearly ready for launch and as a subscriber you’ve already got a spot on our waitlist!
Here’s a peak at some of our latest designs, interested? Then get access sooner than anyone else by signing up for our waitlist and sharing it with friends - each share brings you further up the leaderboard and you can go back and check your position on our website anytime!
Creator of the Week 🧠
We’re delighted to have Jessica Walker feature as our Creator of the Week.
Jessica is a content creator in the cryptocurrency space. She works with BeInCrypto and Bitpanda, and also focused on her own YouTube channel.
What do you generally like to invest in?
If you follow me on Twitter you won't be surprised that around 85% of my portfolio is in Bitcoin. Which would technically make me a risk-averse crypto investor (although in this space nothing is completely risk-free with the volatility we experience. In 2021 I gave myself the New Year resolution to invest more in stocks, but it's just not as exciting as crypto! I'm more of a dollar-cost-average bitcoin investor than a trader.
How would you describe your investing style?
I do like to look into smaller cap coins, I regularly cover trending altcoins on BeInCrypto's YouTube channel, I like to look at tokens that have utility in the gaming and online video space, they have greater opportunities for growth and are more agile. Of course, this isn't financial advice but companies like VeChain and GamerHash are on my radar. Small market capitalization alt's only make up a small percentage of my portfolio (around 10%) as I just can't deal with the sleepless nights that come with lower cap coins!
What industry/company’s future are you excited by and why?
Great question! I love the surge in DeFi projects we are seeing. I'm working with some great projects right now. CrescoFin offers a twist on banking, a fully insured high-interest alternative to bank accounts, where users can get their money to work for them. The product is Swiss regulated, insured by Lloyds bank in the UK and users are rewarded. There will be a simple ERC20 token on Uniswap, wCRES I'd recommend people looking to get more involved in DeFi to check it out!
Another project I'm working with is World Mobile. In one sentence, their driving adoption and unlocking the global digital economy in Africa. The founders have years of experience in telecommunications and they're actioning a mesh network internet connection in Africa to facilitate inexpensive communication and enable people to use blockchain at the same time. There are still billions of people around the world without internet connectivity, this addresses that problem at the root, and incentives users with blockchain technology at the same time.
In general, we are at such an exciting time, I'm currently based in Dubai where so much is going on. We're back to regular crypto meetups weekly and I think in 18 months we will see a parabolic increase of adoption and acceptance of cryptocurrencies as forms of payment and DeFi protocols as forms of banking. You can follow my Twitter and YouTube for more information!
Zash Learn 🤓
Everyone is talking about inflation, but what does it mean for your portfolio? Here’s a quick guide 👇
With covid cases rising across the globe and government supports continuing to pump cash into the economy, inflation could be here to stay (unless interest rates rise). So, what works as an inflation hedge?
Gold is often seen as a reasonable hedge against rising inflation. However, it doesn’t protect in the short-term, but rather maintains its price over the long-term - that’s decades not months.
Bitcoin and some other cryptocurrencies are often seen as hedges against inflation. Since Bitcoin is considered digital gold this is no surprise. Due to its limited supply Bitcoin should theoretically protect against inflation, however, the market for Bitcoin is burgeoning and it might not protect in the long-run.
When inflation rises, typically, commodity prices do too. As the demand for goods and services goes up, the price of goods and services does too. Then it stands to reason that the price of the commodities used to produce those goods and services will also go up too.
So, while a lot of the news surrounding inflation seems to be doom and gloom, there are options available to you. But remember, you can also use the inflation surge as a good time to take a step back and review your investments.
Check out the FT’s fantastic long read on how to protect your portfolio against inflation here!
Reading of the Week 💡
Defi has a new home and its TBD, not the acronym thats actually the name. Twitter founder Jack Dorsey announced last week that he’s building “an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services.”
On the back of this news Cathie Wood’s Ark Investment Management increased their holdings in payments services firm square.
Tech News 🖥️
Retail investing platform Robinhood seeks a $35 billion valuation for IPO
From the trading floor of Lehman raising Revolut to a $33 billion valuation, check out Nikolay Storonsky’s story!
Salesforce completed its $27.7 billion acquisition of Slack this week, crucially Slack will maintain its currently branding, functionality and leadership during the initial integration.
Stock Market 📈
SPAC meets crypto in yet another public offering…crypto mining company Core Scientific is going public via SPAC with a valuation of $4.3 billion, here are the rest of the details! This follows a busy week for SPACs as as hedge fund manager and SPAC aficionado Bill Ackerman had to scrap his proposed $4 billion deal with Universal Music.
2021 is the biggest year for ETFs as the industry prepares to shatter annual records before August.
Crypto Market ₿
In a positive turn for cryptocurrencies it was reported last week that Bank of America had approved Bitcoin futures trading. This scoop by Coindesk led to a price leap for Bitcoin.
Keep an eye on Ripple this week as developments in their case with the SEC may prove crucial for price movements.
You’ve heard about proof-of-work and proof-of-stake but we bet you haven’t heard much about play-to-earn. Check out how Axie Infinity is creating work in the metaverse.
Food for thought 🤔
Manchester City’s parent company, City Football Group, the Abu Dhabi-controlled holding company recently raised $650 million. This will come due in July 2028 and is one of footballs biggest debt deals.
Celebrity chef Marcus Samuelsson will auction off his signature fried chicken recipe as an NFT in conjunction with Stella Artois as part of their restaurant relief efforts.
Not enough time to catch up on reading? 🎧
Kanye West had a listening event this week for his long anticipated studio album Donda. One enterprising, or opportunistic, fan is selling a bag of air they claim is from the event in Atlanta! Check out the advertisement here and Kanyes drop video can be found here.
That’s all for now and we’ll see you next week,
At the moment we’re growing our social media presence, so if you’re not already following us on Twitter make sure to now!