In much of North America, COVID is on the retreat, and that’s great news. Case numbers in the United States have fallen to their lowest point since testing became widely available. Fewer deaths are being reported each day than at any point since March 2020. New York Times And that means many, if not most, traders will be… Read More »
Going big into crypto in the spring of 2017 was an easy decision, as we were dying elsewhere Our big meal ticket, the oil and gas sector, had gone dry back in 2014 when the Saudi sheiks decided to start a price war and put the American shale producers out of business. There were no other good choices.… Read More »
In July 2017 I wrote an article about dark money and crypto. Three years later, not much has changed, except the numbers have gotten bigger. “Dark matter roughly makes up 80% of the universe. Or so the physicists say. We know – or think – dark matter exists because the galaxies stick together when there is not enough observable matter to… Read More »
A liquidation spike, or death spike, last Wednesday, put thousands, if not tens of thousands of crypto-investors back to zero. Hard to see, but in the black box, there is a thin red line where the price of bitcoin goes down to $28700 USD for less than five minutes. Only 12 hours before, bitcoin was trading at $46K,… Read More »
Financial markets are hot. But collectibles are even hotter: “Since the pandemic started, my financial portfolio has gone up 50 percent,” says Clement Kwan, “My collectibles went up by 200%.” (in an interview with News Chant.) Kwan is the previous president of Yoox Net-a-Porter and a founder of Beboe, an upscale line of hashish vaporizers and edible pastilles. And he… Read More »
The gif below is from txstreet.com, a website that shows Ethereum transactions on the blockchain happening in real-time For most people, staring at this animation would probably do more to further their understanding of blockchain technology than a 2000-word essay. One thing, to notice if you look closely, is that the train is crowded with passengers. If you think… Read More »
