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Gold is winning bonds, stocks and maybe Bitcoin: What to invest?

Gold is winning bonds, stocks and maybe Bitcoin: What to invest?

The global financial markets are grappling with a sharp retreat in risk sentiment, driven by escalating tensions between the US administration and the Federal Reserve, alongside uncertainties surrounding trade policies and tariffs. President Donald Trump’s latest social media salvo, urging Federal Reserve Chairman Jerome Powell to slash interest rates due to “virtually no inflation,” has reignited concerns about the central bank’s independence.

Trump’s pointed criticism, accusing Powell of being “too late” except during the election period, has rattled investors, leading to a broad sell-off in US assets on Monday. The S&P 500 plummeted 2.4 per cent, with the so-called Magnificent Seven—comprising tech giants like Apple, Microsoft, and Nvidia—underperforming the broader index with a 3.2 per cent decline.

Meanwhile, the US Treasury yield curve steepened, with front-end yields dipping and long-end yields climbing, reflecting shifting expectations about monetary policy and economic growth. The US Dollar Index slid 0.9 per cent to 98.38, its lowest in three years, while commodities displayed mixed responses: Brent crude fell 2.5 per cent amid risk-off sentiment, and gold surged 2.9 per cent to a record high above US$3,400 per ounce as investors sought safe-haven assets.

In Asia, China’s commerce ministry issued a stern warning against nations striking trade deals with the US at its expense, promising “resolute and reciprocal” countermeasures, further clouding the global trade outlook. Against this backdrop, Bitcoin’s remarkable surge past US$87,700 has captured attention, fuelled by a weakening dollar, speculation around US Treasury buybacks, and growing institutional interest. As markets navigate these turbulent waters, the interplay of macroeconomic forces, geopolitical tensions, and cryptocurrency dynamics is shaping a complex landscape for investors.

The friction between the White House and the Federal Reserve is a central driver of the current market unease. Trump’s public demands for lower interest rates, coupled with his pointed attacks on Powell, have raised alarms about potential political interference in monetary policy. The Federal Reserve’s independence is a cornerstone of its credibility, allowing it to make data-driven decisions to balance inflation and growth without succumbing to short-term political pressures.

However, Trump’s rhetoric, including threats to influence or even replace Powell, has sparked fears that this independence could be eroded. Such concerns are not merely academic; they have tangible market implications. Investors rely on the Fed’s predictability and autonomy to anchor expectations about interest rates and economic stability. Any perceived threat to this framework can trigger volatility, as seen in Monday’s sharp declines across US equity markets.

The S&P 500’s 2.4 per cent drop reflects a broader reassessment of risk, with the Magnificent Seven’s steeper 3.2 per cent decline signalling particular vulnerability in high-valuation tech stocks, which have been market darlings in recent years. These companies, heavily weighted in major indices, are sensitive to shifts in interest rate expectations and economic uncertainty, both of which are now amplified by the Fed-White House clash.

The US Treasuries market provides further insight into investor sentiment. The yield curve’s steepening—characterised by a 3.6 basis point drop in the 2-year yield to 3.762 per cent and an 8.6 basis point rise in the 10-year yield to 4.410 per cent—suggests a divergence in expectations for short-term and long-term economic conditions.

The decline in front-end yields indicates that some investors anticipate the Fed may resist immediate rate cuts, possibly due to inflationary pressures from tariffs or other policy shifts. Conversely, the uptick in long-end yields reflects concerns about sustained economic growth and potential inflation, particularly if trade disruptions intensify. This steepening curve is a classic signal of market unease, as it implies that investors are demanding higher compensation for holding longer-dated debt amid uncertainty.

The US Dollar Index’s slide to a three-year low of 98.38 underscores the broader retreat from US assets, as a weaker dollar often accompanies diminished confidence in US economic leadership or policy coherence. This dynamic has also bolstered gold’s appeal, with its 2.9 per cent surge to above US$3,400 per ounce reflecting a flight to safety amid geopolitical and economic turbulence.

Commodities markets are equally telling. Brent crude’s 2.5 per cent decline to US$66.26 per barrel highlights the risk-off sentiment gripping investors, as fears of a global economic slowdown—potentially exacerbated by trade wars—dampen demand expectations for oil. China’s commerce ministry’s vow to counter any trade deals that disadvantage Beijing has heightened these concerns, signalling that the US-China trade rift could deepen.

The ministry’s statement, promising “resolute and reciprocal” measures, suggests that retaliatory tariffs or other trade barriers are on the horizon, which could further disrupt global supply chains and economic growth. Asian equity indices, which initially gained but later reversed course, reflect the region’s sensitivity to these developments, given China’s pivotal role in global trade. The interplay of these factors underscores the interconnectedness of global markets, where US policy decisions reverberate far beyond its borders.

Amid this macroeconomic turmoil, Bitcoin’s meteoric rise stands out as a counterpoint, driven by a confluence of factors that highlight its growing role as an alternative asset. The cryptocurrency briefly surpassed US$87,700, buoyed by a weakening US dollar and speculation about US Treasury buybacks. Arthur Hayes, co-founder of BitMEX and CIO of Maelstrom, has framed these buybacks as a potential “bazooka” for Bitcoin’s price, arguing that they could inject significant liquidity into financial markets.

By repurchasing its own debt, the Treasury could effectively ease monetary conditions, even if the Fed maintains its current stance on interest rates. This liquidity influx could amplify demand for risk assets like Bitcoin, which thrives in environments of monetary expansion. Hayes’ prediction that this may be the “last chance” to buy Bitcoin below US$100,000 reflects his bullish outlook, grounded in the belief that structural shifts in monetary policy and market dynamics are aligning in Bitcoin’s favor.

Adding to this narrative is a new analysis linking Bitcoin’s price movements to the global M2 money supply, a broad measure of money circulating in the economy. This predictive offset model suggests that Bitcoin’s trajectory closely tracks global liquidity trends, with historical patterns indicating a potential climb above US$100,000 if current conditions persist.

Such analyses resonate with investors who view Bitcoin as a hedge against currency debasement and inflationary policies, particularly in an era of unprecedented government spending and debt issuance. The weakening US dollar, down 0.9 per cent on Monday, further enhances Bitcoin’s appeal, as a depreciating currency often drives demand for assets perceived as stores of value. Gold’s concurrent surge underscores this trend, as both assets benefit from safe-haven flows amid uncertainty.

Institutional adoption is another critical driver of Bitcoin’s rally. Fidelity and Bitwise’s recent US$133 million investment in Bitcoin signals robust confidence from major players, whose involvement often lends legitimacy and liquidity to the cryptocurrency market. Similarly, BlackRock’s Bitcoin ETF reported a US$41.6 million daily inflow, reflecting heightened investor interest. These inflows are significant not only for their size but also for their symbolic weight, as institutional participation tends to stabilise and amplify Bitcoin’s price movements.

The growing acceptance of Bitcoin ETFs, as evidenced by data from platforms like farside.co.uk, suggests that traditional investors are increasingly comfortable allocating capital to cryptocurrencies, viewing them as a diversification tool in volatile markets. This trend could have lasting implications, potentially smoothing Bitcoin’s historically wild price swings while attracting a broader investor base.

From my angle, the current market environment is a crucible of competing forces, where traditional assets are buffeted by policy uncertainties, and alternative assets like Bitcoin are seizing the moment. The tensions between the US administration and the Federal Reserve are a stark reminder of the delicate balance between political ambition and economic stability.

Trump’s push for lower interest rates, while politically expedient, risks undermining the Fed’s credibility and could lead to longer-term inflationary pressures, particularly if tariffs disrupt global trade. The market’s reaction—evident in the S&P 500’s decline, the dollar’s weakness, and gold’s surge—reflects a rational response to these risks, as investors recalibrate their expectations for growth and stability.

Bitcoin’s ascent, meanwhile, is both a symptom and a signal of deeper shifts. Its correlation with global liquidity trends, as highlighted by the M2 analysis, suggests that it is increasingly integrated into the broader financial system, no longer a fringe asset but a barometer of monetary conditions.

The involvement of institutions like Fidelity, Bitwise, and BlackRock reinforces this view, pointing to a future where cryptocurrencies play a central role in portfolio construction. However, Bitcoin’s volatility remains a double-edged sword; while it offers outsized returns in bullish phases, its susceptibility to sharp corrections warrants caution.

Looking ahead, the interplay of US monetary policy, trade dynamics, and cryptocurrency adoption will shape the investment landscape. Investors must navigate a world where traditional safe havens like Treasuries are under pressure, and alternative assets are gaining prominence.

The US equity markets’ implied higher open today suggests a potential rebound, but sustained recovery will hinge on clarity around Fed policy and trade negotiations. For now, the markets remain on edge, caught between the promise of innovation and the perils of uncertainty.

 

Source: https://e27.co/gold-is-winning-bonds-stocks-and-maybe-bitcoin-what-to-invest-20250422/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

From tariffs to Powell’s speech: Will crypto dips and stocks rally?

From tariffs to Powell’s speech: Will crypto dips and stocks rally?

The recovery in global risk sentiment, spurred by US President Donald Trump’s announcement of a 90-day pause on reciprocal tariffs (except for China), brought a much-needed sigh of relief to equity markets. Yet, beneath the surface, there’s a nagging sense that we’re not out of the woods. The bond market’s volatility, surging inflation expectations, and a weakening consumer sentiment all point to deeper uncertainties that could shape the trajectory of the global economy in the weeks and months ahead.

Let’s unpack this week’s developments and what they mean for investors, consumers, and policymakers.

The US equity markets staged an impressive rebound last week, with the Dow Jones Industrial Average climbing five per cent, the S&P 500 gaining 5.7 per cent, and the Nasdaq Composite surging 7.5 per cent. These gains came after a tumultuous period where markets were rattled by fears of an escalating trade war, particularly between the US and China. Trump’s decision to pause tariffs for 90 days on most trading partners, allowing time for negotiations, was a pivotal moment. It signaled a potential de-escalation, at least temporarily, and markets responded with enthusiasm. The CBOE Volatility Index (VIX), often called Wall Street’s “fear gauge,” reflected this shift, dropping to 37 after spiking above 50 earlier in the week. That’s still elevated compared to historical norms, suggesting investors remain on edge, but it’s a far cry from the panic levels seen during the height of the tariff uncertainty.

The bond market told a different story. The selloff in US Treasuries was striking, with the 10-year Treasury yield jumping nine basis points to 4.48 per cent and the two-year yield climbing 12 basis points to 3.97 per cent. This was the largest weekly surge in yields in over two decades, a clear signal that investors are bracing for higher inflation and possibly tighter monetary policy. The ongoing US-China trade war, despite the tariff pause for other nations, continues to stoke fears of supply chain disruptions and rising costs. When goods become more expensive due to tariffs, businesses often pass those costs onto consumers, fueling inflation. The bond market’s reaction suggests that investors are betting on this scenario playing out, even if equities are basking in the tariff reprieve for now.

The US Dollar Index, which measures the greenback against a basket of major currencies, closed lower last week, adding another layer of complexity. A weaker dollar typically supports commodities priced in dollars, and we saw that dynamic play out with gold soaring past US$3,200 per ounce, a two per cent gain for the week. Gold’s rally wasn’t just about a softer dollar—it was also driven by recession fears and the safe-haven demand that kicks in when trade wars escalate. Similarly, Brent crude oil jumped 2.26 per cent to settle at US$65 per barrel, buoyed by comments from US Energy Secretary Chris Wright about potentially ending Iran’s oil exports to pressure the country over its nuclear programme. Geopolitical tensions, layered on top of trade uncertainties, are keeping energy markets volatile, and that’s something I’ll be watching closely in the weeks ahead.

On the economic data front, the picture is sobering. The University of Michigan’s preliminary consumer sentiment index for April plummeted 11 per cent to 50.8, its lowest level since June 2022. This sharp decline reflects growing anxiety among Americans about the economic fallout from tariffs, rising prices, and uncertainty about jobs and growth. Even more concerning is the surge in inflation expectations, with the one-year outlook hitting 6.7 per cent, the highest since 1981. That’s a staggering figure, and it underscores the psychological impact of the trade war rhetoric and policy shifts. When consumers expect prices to keep rising, they may pull back on spending or demand higher wages, both of which can create a feedback loop that drives inflation higher. For the Federal Reserve, this is a nightmare scenario—balancing growth, inflation, and now trade-driven disruptions.

Over the weekend, the Trump administration added a twist by exempting smartphones, computers, and other tech devices from reciprocal tariffs. This move was a relief for markets, particularly in Asia, where tech supply chains are heavily integrated. Asian equity indices traded higher in early sessions today, and US equity futures pointed to a positive open. The exemption makes sense from a consumer perspective—hitting tech products with tariffs would have driven up prices for everyday goods such as iPhones and laptops, risking a backlash. But it also highlights the delicate balancing act the administration is trying to perform: projecting strength on trade while avoiding self-inflicted economic wounds. I suspect this exemption is a pragmatic nod to the reality that tech is the backbone of modern economies, and disrupting it too severely could backfire.

Looking ahead, all eyes will be on Federal Reserve Chair Jerome Powell’s upcoming speech. Investors are desperate for clarity on how the Fed plans to navigate this inflationary environment, especially with consumer sentiment tanking and inflation expectations soaring. Powell has been cagey in recent comments, emphasising that the Fed is monitoring trade policies closely. If he signals a hawkish tilt—perhaps hinting at pausing rate cuts or even tightening policy to combat inflation—it could dampen the equity rally. Conversely, a dovish stance might boost stocks but risks fueling inflation further. It’s a tightrope walk, and Powell’s words will carry immense weight.

China’s first-quarter GDP and monthly activity data, due this week, will also be critical. The trade war with the US is undoubtedly weighing on China’s economy, and weaker-than-expected numbers could reignite fears of a global slowdown. Given that several markets will be closed for Good Friday, trading volumes may be thinner, potentially amplifying any market moves. My sense is that investors are in a wait-and-see mode, parsing every headline for clues about the direction of trade talks and monetary policy.

The cryptocurrency market, meanwhile, has been a mixed bag. Bitcoin slipped more than two per cent on Sunday, trading at US$83,482 during Asian hours. Ethereum fell below US$1,600, and altcoins showed varied performance. The crypto market’s sensitivity to trade policy signals is intriguing—when tariffs on Chinese electronics were floated, digital assets wobbled, likely because of fears that supply chain disruptions could hit mining hardware or broader tech sentiment. Yet, Bitcoin advocate Michael Saylor remains undeterred, using social media to double down on his “Buy the Future” mantra. His latest post, timed with Bitcoin’s brief rally to US$83,246, underscores his belief that cryptocurrencies are a hedge against economic chaos. I’m skeptical about Bitcoin’s role as a reliable safe haven—it’s still too volatile and sentiment-driven—but Saylor’s conviction is a reminder of the passionate community behind it.

Ethereum’s technical picture offers some hope for bulls. After finding support at US$1,449 last week, it’s hovering around US$1,638. A close above US$1,700 could spark a rally toward US$1,861, supported by a Relative Strength Index (RSI) that’s climbing toward neutral territory. But the risk of a drop to US$1,300 looms if support breaks. XRP, meanwhile, is showing resilience, stabilizing at US$2.14 after a 14.28 per cent recovery. A break above US$2.23 could push it toward US$2.50, though it needs to hold above its 200-day EMA to sustain momentum. These technical levels matter for traders, but the bigger driver for crypto will be macro developments—trade policies, Fed signals, and global growth.

As I reflect on this week, my view is one of cautious optimism tempered by realism. The tariff pause and tech exemptions are positive steps, but the underlying tensions—US-China trade frictions, inflation fears, and consumer unease—aren’t going away. Equities may continue to climb if trade talks show progress, but the bond market’s warning signs and weak consumer sentiment suggest fragility. Gold’s strength and crypto’s volatility reflect a market searching for anchors in uncertain times. For investors, diversification and vigilance are key. For policymakers, the challenge is to avoid tipping the economy into recession while addressing legitimate trade concerns.

 

Source: https://e27.co/from-tariffs-to-powells-speech-will-crypto-dips-and-stocks-rally-20250414/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Global markets reel as Trump tariffs slam stocks and Bitcoin prices

Global markets reel as Trump tariffs slam stocks and Bitcoin prices

On April 4, 2025, the US stock market experienced its worst single-day performance in years, shedding approximately US$2.5 trillion in value as investors fled to safe-haven assets like US Treasuries and gold. The MSCI US index plummeted by 4.9 per cent, with particularly brutal declines in the energy sector, down 7.5 per cent, and information technology, which fell 7.0 per cent.

Meanwhile, defensive sectors like consumer staples, up 0.7 per cent, and utilities, down just 0.6 per cent, managed to weather the storm far better than their cyclical counterparts. This dramatic shift in market sentiment has been fuelled by fears that Trump’s tariffs—the steepest increase in American trade barriers in over a century—could choke economic growth, drive up inflation, and potentially tip the US economy into a recession.

Trump’s latest tariff policy, announced after the market closed yesterday, imposes a blanket 10 per cent tariff on imports from every country in the world, effective April 5. Citing his authority under the International Emergency Economic Powers Act of 1977, the president framed the move as a necessary step to protect American industries and workers. However, economists are sounding the alarm about the near-term consequences. Higher tariffs are widely expected to increase the cost of imported goods, pushing up prices for American consumers already grappling with inflationary pressures.

At the same time, retaliatory measures from trading partners could dampen US exports, further slowing economic activity. Some analysts warn that the combination of higher prices and weaker growth could create a stagflationary environment, while others see a full-blown recession as a real possibility if the tariffs remain in place for an extended period. With markets now laser-focused on Friday’s US jobs report and an upcoming speech by Federal Reserve Chair Jerome Powell, investors are desperate for clues about how policymakers might respond to this escalating crisis.

The bond market has also reacted decisively, with Treasury yields dropping as expectations of Federal Reserve rate cuts grow. The 10-year Treasury yield fell 10.2 basis points to 4.03 per cent, while the 2-year yield slid 17.7 basis points to 3.68 per cent, reflecting heightened recession fears and a flight to safety.

The US dollar index, meanwhile, shed 1.7 per cent, continuing its downward trend as investors reassess the outlook for US growth. Gold, a classic safe-haven asset, held steady at US$3,100 per ounce despite a modest 0.6 per cent dip, buoyed by persistent demand amid the uncertainty.

On the commodities front, Brent crude oil took a significant hit, tumbling 6.4 per cent to US$70 per barrel as traders worried that tariffs would sap global demand growth just as OPEC+ ramps up supply. Asian equities followed Wall Street’s lead, opening sharply lower, and US equity futures suggest stocks will start the day down an additional 0.2 per cent, signalling that the pain may not be over yet.

The cryptocurrency market has not been immune to this turmoil, with Bitcoin experiencing a sharp decline in tandem with other risk assets. After hitting an intraday high of nearly US$88,000 less than 24 hours ago, Bitcoin plunged to a low of US$81,300—a drop of more than seven per cent—before recovering slightly to trade around US$83,000 as of this writing. The sell-off reflects broader market dynamics, as investors pull back from speculative assets in favour of safer bets.

Ethereum, the second-largest cryptocurrency by market cap, has also struggled. After failing to hold above the US$1,850 level, ETH dipped as low as US$1,751 and is now consolidating below the US$1,820 mark and its 100-hourly simple moving average. Technical indicators suggest resistance near US$1,840, with a bearish trend line forming at US$1,810 on the hourly chart. For Ethereum to mount a meaningful recovery, it would need to break through these levels and push toward US$1,880, but the current market mood makes that a tall order.

In my opinion, Ethereum’s performance is critical to sparking a broader crypto bull market—carries significant weight given its central role in the digital asset ecosystem. Ethereum remains the backbone of decentralised finance (DeFi), powering a vast array of applications from decentralised exchanges (DEXs) to non-fungible tokens (NFTs). Recent data underscores its resilience: in March 2025, Ethereum reclaimed its position as the leading blockchain for DEX trading, overtaking Solana with a trading volume of US$64 billion compared to Solana’s US$52 billion.

Platforms like Uniswap and Curve Finance have driven this surge, reinforcing Ethereum’s dominance even as it grapples with challenges like a historically low ETH burn rate and declining transaction fees following the implementation of EIP-1559. The drop in the burn rate has led to an increase in ETH’s total supply, raising concerns among some investors about inflationary pressures within the network. Yet, Ethereum’s ability to hold its ground amid these headwinds speaks to its enduring strength and adaptability.

Solana’s fading momentum in the DEX space, meanwhile, highlights the shifting tides in the crypto market. The hype around Solana-based meme coins, which fuelled much of its trading volume on platforms like Raydium and Pump.fun, has dissipated, allowing Ethereum to reassert its supremacy.

This resurgence is a testament to Ethereum’s robust infrastructure and developer community, which continue to innovate despite high gas fees and scalability concerns. For a bull market to take hold, Ethereum would indeed need to lead the charge, setting the tone for smaller altcoins and driving renewed investor confidence.

However, the current macroeconomic environment—marked by Trump’s tariffs, a faltering US economy, and a risk-off sentiment—poses a formidable obstacle. If Ethereum can break through its technical resistance levels and capitalise on its DeFi leadership, it could spark the kind of momentum you envision. But for now, the broader market’s woes are keeping a lid on that potential.

Stepping back, the implications of Trump’s tariff measures extend far beyond the immediate market reaction. The US has long prided itself on economic exceptionalism, underpinned by robust growth, a strong dollar, and a dominant position in global trade.

Yet, this latest policy risks unraveling that narrative. Higher tariffs could disrupt supply chains, erode corporate profits, and alienate trading partners at a time when geopolitical tensions are already running high. The flight to haven assets suggests that investors are bracing for a prolonged period of uncertainty, and the upcoming US jobs report will be a critical litmus test.

A weak report could amplify recession fears, prompting the Fed to accelerate rate cuts—a move that might cushion the blow to stocks and crypto but could further weaken the dollar. Powell’s speech will also be pivotal, as markets look for any hint of how the central bank plans to navigate this tariff-induced storm.

In my view, the markets are at a crossroads. The tariff announcement has exposed vulnerabilities in the global economy that were previously masked by optimism about US growth and technological innovation. While defensive assets like gold and Treasuries may offer short-term refuge, the longer-term outlook hinges on how businesses and consumers adapt to higher costs and slower growth.

For risk assets like stocks and cryptocurrencies, the path forward looks treacherous, but opportunities could emerge if the Fed steps in decisively or if the tariffs are scaled back under political pressure. Ethereum’s role as a crypto bellwether adds another layer of intrigue—its ability to rally despite these headwinds could indeed signal a turning point for the digital asset space.

“For now, though, caution reigns supreme, and the world is watching closely as this high-stakes drama unfolds.” — Anndy Lian

 

Source: https://e27.co/global-markets-reel-as-trump-tariffs-slam-stocks-and-bitcoin-prices-20250404/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j