Crypto Research
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Given the economic and social situation we are facing, there was understandably not as many April Fool’s Jokes as in prior years, but here is one from Bitfinex which made me laugh. https://twitter. com/bitfinex/status/1245246837038161930 The first response was just as good. https://twitter. com/XrpMoonCat/status/1245253120780795904 THE HEADLINES EXCHANGE, CUSTODY AND PRODUCT NEWS THOUGHTS ON THE ECOSYSTEM
Happy April Fools’ Day! Yes, the Trump and Craig Wright stories above are my poor attempt at prankish humor, but the Trump story is believable isn’t it. Thought I would start the day with some of my favorite April’s Fools Crypto pranks from past years and one from this year: BITCOIN CEO BAN CHINA – (2014) Coindesk posted a report that the CEO of Bitcoin, Dorian S. Nakamoto, had pre-empted a decision by the People’s...
The Bitcoin Fear and Greed Index repeated last week’s reading of “12” signifying negative market sentiment as investors remain worried about digital assets, but the rating is actually an uptick from yesterday when the daily metric slid to “10.” THE HEADLINES MARKET DATA EXCHANGE, CUSTODY AND PRODUCT NEWS
PORTFOLIO STRATEGY It continues to be our view that crypto markets are in the 2nd or 3rd innings of a prolonged recovery following their December 2018 bottom. The earlier months sell off likely flushed a significant portion of leverage and speculative short term traders out of the ecosystem, as we discussed on our FS Insight Digital Assets call earlier this week. This dynamic bodes well for reducing market downside risks...
If you know me, you probably know that I have developed a passion for video gaming and esports that matches my interest for digital currencies and blockchain (it’s a passion but don’t ask me for my online name, I am not a very skilled player). While I started playing video games in the early 70’s with a Pong console and black and white television, it was not until last year that...
There has been lots of discussion about the US government’s plans to provide direct cash assistance to Americans hurt by the coronavirus pandemic. I spoke to several people who were concerned about how they would receive their $1,200 payment. In one case, the person had just moved and was unsure whether they will still receive their check in the mail. I am sure this is obvious to readers of BitDigest but...