Bitcoin
So many titles I could give to this note today * reflexive up & reflexive down....reflexive in jail... * super cycle to zero... * novogrets.... Novogratz goes to CNBC and quotes a tweet (from a parody account) about El Salvador asking for Sam to be extradited as a fact!! * brick or treat.
Bitcoin
Having the extended family in farming across me & my partner's side is great for having opportunities for hands-on nature adventures for a non-green-fingered moi. However, those farmers within this family sphere who are monetarily less fortunate also then become our struggle. In some ways the below is
DeFi
Wakey wakey, William Albert Ackman - shill me more hell on CNBC please. The doors to the heavens have been closed shut and crypto whales are publicly admitting their own losses. Someone I have known since 2014 just now (18 Jun) puked a huge chunk of their BTC holdings in
Bitcoin
Cycles of narratives within the crypto world are not so different than those within the physical world. Its especially obvious if we are to compare crypto narratives to political campaigns. As I write the world's 5th populous country, Pakistan, has just had its Prime Minister dethroned. His position
Bitcoin
Must start with acknowledging the sad fact of us living through yet another war while many in the 2nd & 3rd world have not yet ended. I hope & pray this one ends soon. Over past two weeks there have been many mentions of sanctions evading capability that crypto provides;
DeFi
This weeks Market Huddle episode with Kris Sidial reminded me about Decentralized Option Vaults (DOV) that a few market making firms (e.g. QCP Capital) are having a very fond time taking the other side off. The crypto world seems to have given the volatility bug to tradFi markets (e.
DeFi
Nearly a decade ago I joined in this Bitcoin adventure (with many ups & downs) however ever-since everyone I started off with (myself included) have been attempting to optimise our wealth generation avenues. Circa mid-2021 a realisation seems to dawn that now it's time to pivot away from
Bitcoin
The House Financial Services Committee meeting was first time after many years I feel the lobbying game of crypto world has greatly improved. Policymakers were not just prepared with thoughtful questions but also felt less confrontational. Congressman Brad Sherman was pretty hostile but also decently funny. His mongoose coin; which
Bitcoin
It might surprise to some of you but I don't actually listen to Michael Saylor's various podcasts. I found him too detached (or I didn't wish to be lectured). Yet yesterday I sat through Peter McCormack's What Bitcoin Did podcast with Saylor.
DeFi
Structurally market wide not a lot has changed over past couple of days except following notable events: * There exists an ETH whale known for marking price tops & bottoms - s/he has made a billion $ last year easily if the exchange data can be trusted * The same whale just
Bitcoin
Facts: * Recall in June I mentioned a bitcoin upgrade (aka softfork) called Taproot[1] was being signalled for activation. As is customary on BTC network everything always upgrades and is enforced at snail pace. So now after nearly 5 months of activation signalling; in 9 days (approx. Sunday 14th) at
Bitcoin
First upgrade of ETH2 got accomplished - the stragglers who haven't upgraded will get punished by having their 32 ETH staked getting slashed over time. Most likely the last upgrade of ETH1 will be around December 8th - this will push the date of the difficulty bomb to
Bitcoin
Amphora - the ETH 1 & 2 team event in Greece; has indeed resulted in a functioning dev net and a clear to-do list for the teams involved. Realistic timelines suggest Q2 2022 which I suspect is more-or-less late Q2 given the need to on-board the Ethereum community + rest of
Bitcoin
Hopefully you recall my oil rig analogy vs price fluctuations and how its similar dynamic in crypto mining world. So with increasing mining footprint comes higher accountability standards and herein we are already seeing minister of energy of Kazakhstan stipulating a few ground rules Relevant competent authorities shall have right
DeFi
Coming back to the thoughts of mid-August with regards to ETH and reading some ETH dev discussions since than; there is certainly greater push to get to the merge asap. They are hoping to achieve this by early 2022 through prioritizing merge over new features on current ETH network. Additionally,
DeFi
Crypto is politically very much front, back & centre. Irrespective of the fact that the amendments folks wished for didn't get through; simply the amount of push/pull that the activists and the crypto lobby threw at the infrastructure bill is testament to the future political battles. The