Author Archives: Ari Paul

About Ari Paul

Ari Paul is co-founder and CIO of BlockTower Capital. He was previously a portfolio manager for the University of Chicago's $8 billion endowment, and a derivatives market maker and proprietary trader for Susquehanna International Group (SIG). Ari earned a BA in political science from the University of Pennsylvania, and an MBA from the University of Chicago with concentrations in economics, entrepreneurship, strategic management, and econometrics & statistics. Ari is a CFA charterholder.

Cryptocurrency’s “Nifty Fifty”

++ Usually in bull markets, the “high beta”, riskier securities outperform. This is what we saw over the last 7 months. Bitcoin rallied impressively, but was dramatically outperformed by the more volatile and more speculative Ethereum, which was itself outperformed … Continue reading

Posted in Cryptocurrency | 10 Comments

The Wall Street Moment

++Over the last two years, the big investor in cryptocurrency was “Silicon Valley.” The high profile investors were mostly tech entrepreneurs and their family offices and venture capital firms. ++I just finished a NYC roadshow with mostly that same type … Continue reading

Posted in Cryptocurrency | 5 Comments

The Coinbase Effect

++Coinbase added Litecoin for direct purchase today, and litecoin (LTC) is up about 30% as a result. The rumor of this addition may have also contributed to LTC’s 100%+ rally over the last 2 months. ++The only other currency Coinbase … Continue reading

Posted in Cryptocurrency | Tagged , | 2 Comments

How To Think About Investing In Cryptocurrency Part 2 of 4: What *needs* to exist.

++Part 2 of the 4-part series “How to Think About Investing In Cryptocurrency” starts exploring the economic forces that will drive market segmentation to help us identify the future industry leaders.  It’s best to start by asking, what needs to … Continue reading

Posted in Cryptocurrency | Tagged , , , , , , , , , | 27 Comments

How To Think About Investing In Cryptocurrency (Part 1 of 4): Why Exceptional Opportunities Exist

++ In this series, I’m going to start with high level investing concepts in part 1 and get increasingly specific and detailed through part 4. ++Part 1 is an exploration of why extraordinary investment opportunities exist in cryptocurrency. To an … Continue reading

Posted in Cryptocurrency | Tagged , , , , | 23 Comments

Scaling Bitcoin

++ Your mother taught you not to discuss religion or politics in polite conversation.  Bitcoin scaling is far more contentious.  The debate over how to enable the Bitcoin network to handle more transaction volume has divided the community into factions … Continue reading

Posted in Cryptocurrency | Tagged , | 3 Comments

Welcome!

This is the excerpt for your very first post. Continue reading

Posted in Cryptocurrency | 5 Comments