Sep 30, 2019

Last week saw a 20% drop in the price of Bitcoin - much of coming in a short, 30 minute span. What it didn't see was the usual hand wringing and frantic explanations. In fact, most of last week's conversation was about totally different topics: Libra, central bank digital currencies, troubling developments...

Sep 27, 2019

News broke of Venezuela exploring whether they could use bitcoin and ether as reserve assets, prompting questions about what the potential impact of widescale adoption of bitcoin as a tool to evade sanctions might be. Libra continues to spur central banks to action. This week, the project saw some support from the UN...

Sep 25, 2019

Bitcoin (and the rest of the markets) absolutely cratered yesterday, with BTC dropping from nearly $10k to under $8k before resetting a bit. Is it Bakkt backlash? Bitmex margin calls? Or a fat load of who the hell knows? Speaking of crashes, Adam Neumann is out as CEO of WeWork, the fall guy in what appears to be...

Sep 24, 2019

Much hyped Bakkt has launched, but the volume is...less than massive. What should we think about it? Is it a sign of failure; a sign that there simply isn't demand from institutions; or was this always the likely launch pattern? Meanwhile, in the "whoa" files, messenger app Kik has shuttered to focus all remaining...

Sep 23, 2019

Crypto markets are driven by memes. In point of fact, all markets are driven by memes and narratives, but emergent markets like crypto ratchet it up. In this Narrative Watch, we go meta to look at the state of meme warfare, going deep on two memes of the moment. Discover why 'ETH is money' is an Ethereum...