Concise Playbook for the Week, Global Markets Playbook

Kevin George

Concise Playbook for the Week

Global Markets Playbook

I am an active trader in stocks, FX and commodities with over 15 years' market experience. I hold a master's degree in finance and have developed a strong skill base in technical analysis. 

Alongside technical setups I will provide earnings analysis, company valuation analysis and macroeconomic studies for the key market releases.

Equity Bottom-Up

<ul>
<li>Bitcoin sold off in December and rallied in January for a reason.</li>
<li>Big banks are coming with a digital payments option. Big banks will have a digital payment option in the coming days.</li>
<li>Bitcoin sold off last month and rallied again in January, with a rise in popularity in the wake of contagion.</li>
</ul>


Bitcoin sold off in December and rallied in January for a reason.
Big banks are coming with a digital payments option. Big banks will have a digital payment option in the coming days.
Bitcoin sold off last month and rallied again in January, with a rise in popularity in the wake of contagion.


Bitcoin And The Tax-Loss Harvesting Rally

<ul>
<li>A DOJ investigation adds further negative sentiment to the 'black box' of the finance exchange.</li>
<li>The DOJ investigation is being investigated by the Department of Justice, which is under investigation into the exchange exchange exchange between banks and banks.</li>
<li>The investigation is expected to conclude in the coming weeks. The investigation will be conducted by the Justice Department.</li>
</ul>


A DOJ investigation adds further negative sentiment to the 'black box' of the finance exchange.
The DOJ investigation is being investigated by the Department of Justice, which is under investigation into the exchange exchange exchange between banks and banks.
The investigation is expected to conclude in the coming weeks. The investigation will be conducted by the Justice Department.


Binance: Waiting For The Other Shoe To Drop

Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Private Capital Markets

<ul>
<li>Dunamu operates Upbit which is the largest cryptocurrency exchange in Korea. As of April 2022, Upbit had more than 70% market share in the cryptocurrency trading market in Korea.</li>
<li>Dunamu's sales surged by 1996% to 3.7 trillion won in 2021 and operating profit surged from 86.6 billion won in 2020 to 3.3 trillion won in 2021.</li>
<li>In January 2022, Dunamu was last valued Dunamu at nearly 15 trillion won. However, due to major decline in crypto prices in 2022, Dunamu's valuation has declined significantly. </li>
</ul>


Dunamu operates Upbit which is the largest cryptocurrency exchange in Korea. As of April 2022, Upbit had more than 70% market share in the cryptocurrency trading market in Korea.
Dunamu's sales surged by 1996% to 3.7 trillion won in 2021 and operating profit surged from 86.6 billion won in 2020 to 3.3 trillion won in 2021.
In January 2022, Dunamu was last valued Dunamu at nearly 15 trillion won. However, due to major decline in crypto prices in 2022, Dunamu's valuation has declined significantly. 


Dunamu: Operator of Upbit - The Number One Cryptocurrency Exchange in Korea

Insurance & Central Asia-focused Analyst, KT Capital Group

Alec Tseung

Insurance & Central Asia-focused Analyst

KT Capital Group

Principal investments and advisory firm that focuses on connecting the CIS countries with East Asia.

Principal investments and advisory firm

<ul>
<li>Coinbase reported its first net loss since listing, as warned by the management before, due to both declining trading/transaction revenue and a continued increase in operating expenses.</li>
<li>Besides the impairment charges, the increase in Q1'22 operating expenses was mainly because of the headcount growth as Coinbase plans to further expand its business offerings this year.</li>
<li>Coinbase's earnings for the year will unlikely improve as the company sticks to the plan to make 2022 an investment year regardless of the downturns in the broader crypto markets. </li>
</ul>


Coinbase reported its first net loss since listing, as warned by the management before, due to both declining trading/transaction revenue and a continued increase in operating expenses.
Besides the impairment charges, the increase in Q1'22 operating expenses was mainly because of the headcount growth as Coinbase plans to further expand its business offerings this year.
Coinbase's earnings for the year will unlikely improve as the company sticks to the plan to make 2022 an investment year regardless of the downturns in the broader crypto markets. 


Coinbase Q1’22: A Deeper Look Into the Operating Expenses

<ul>
<li>Coinbase reported strong Q4 results mainly driven by a significant increase in its transaction revenue.</li>
<li>Bearish outlook in Q1'22 and FY22 due to the higher expense guidance from the management and declining crypto asset price and volatility in Q1.</li>
<li>Albeit the bearish outlook, we continue to view that Coinbase represents one of the best ways for public equity investors to gain exposure to the growing crypto economy. </li>
</ul>


Coinbase reported strong Q4 results mainly driven by a significant increase in its transaction revenue.
Bearish outlook in Q1'22 and FY22 due to the higher expense guidance from the management and declining crypto asset price and volatility in Q1.
Albeit the bearish outlook, we continue to view that Coinbase represents one of the best ways for public equity investors to gain exposure to the growing crypto economy. 


United States

Coinbase Global, Inc. provides financial solutions. The Company offers platform to buy and sell cryptocurrencies. Coinbase Global serves clients worldwide.

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Coinbase Global (COIN US)

Bitcoin And The Tax-Loss Harvesting Rally

Bitcoin sold off in December and rallied in January for a reason. Big banks are coming with a digital payments option. Big banks will have a...

Kevin George

Binance: Waiting For The Other Shoe To Drop

The DOJ investigation is being investigated by the Department of Justice, which is under investigation into the exchange exchange exchange between...

Kevin George

Dunamu: Operator of Upbit - The Number One Cryptocurrency Exchange in Korea

Dunamu operates Upbit which is the largest cryptocurrency exchange in Korea. Dunamu's sales surged by 1996% to 3.7 trillion won in 2021 and...

Douglas Kim

Coinbase Q1’22: A Deeper Look Into the Operating Expenses

A major reason why COIN reported weak Q1'22 earnings was also due to the increase in operating expenses. We will take a deeper look into the...

Alec Tseung

Coinbase: Q4 Results KPI Deck

Coinbase continues to represent one of the best ways for public equity investors to gain exposure to the growing global crypto economy.

Alec Tseung

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