Dipak Shah

Head of OTC Trading

Dipak has 20+ years of experience managing and running trading businesses as a proprietary risk taker and as a market maker in FX and Rates. He has held senior trading roles at Goldman Sachs and Citi in London, Tokyo and Hong Kong as well as being a Macro Portfolio Manager on the buyside with Capula Investment Services in London. He has an MSc in Mathematical Finance from Oxford University and has been a crypto enthusiast for most of his investing career.

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Articles by this author

Digital illustration of cryptocurrency rotation, showing Bitcoin, Ethereum, and altcoins in a dynamic, colorful market cycle.

Market commentary

Portofino Mint - 11 August 2025

401(k) Bitcoin access, Ivy League investments, Ripple clarity, and tokenization drive crypto gains.

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Bitcoin surfer riding a big wave, Ethereum surfer catching a slightly bigger swell, with altcoin surfers on smaller but rising waves. Perfect metaphor for "riding the rotation wave.

Market commentary

Portofino Mint - 18 August 2025

ETH leads with $2.9B ETF inflows as BTC cools and altcoins rally on rotation.

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ETH Stealing the Spotlight: A stage scene: Bitcoin sitting on a throne, but Ethereum stepping forward under a spotlight, glowing brighter. Altcoins (SOL, XRP, BNB) lined up behind ETH waiting for their turn. Captures ETH’s surge and “your move, Bitcoin” narrative.

Market commentary

Portofino Mint - 26 August 2025

ETH surges under the spotlight, BTC holds steady, and altcoins wait their turn in market rotation.

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Illustration of the crypto market at a crossroads: Bitcoin hesitates at a fork in the road, while Ethereum, Solana, and Cronos sprint ahead. In the background, Google unveils a blockchain flag, Interpol shines searchlights in a crackdown, and storm clouds represent tariffs and Fed politics.

Market commentary

Portofino Mint - 1 September 2025

BTC stalls, ETH soars, CRO surges, Google joins the blockchain race.

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