Crypto Bets on the Presidential Election
It is illegal for anyone in the USA to accept bets on the outcome of an election in the USA. Nevertheless, there are extensive bets on the outcome of the 2024 US presidential election. In fact, the Polymarket decentralized crypto market has registered $1 billion in crypto wagers on the outcome of this year’s contest […]
Crypto Abuse and Your Crypto Investments
So, we thought that a combination of crypto winter, a subsequent storm of crypto regulation and then Bitcoin and Ether spot price ETFs had succeeded in making crypto safe as an investment for ordinary folks. Now we wake up to another case of crypto abuse and a potential threat to your investments in the digital […]
Will Lower Interest Rates Drive Crypto Higher?
The US Federal Reserve has begun the process of lowering interest rates now that inflation has fallen near to their 2% target and there is evidence that higher rates have begun to affect the levels of employment and unemployment. Crypto winter was largely caused by the prospect of and subsequent reality of substantially higher interest […]
How Much Cash Should an Investor Have?
Since short term treasuries are essentially cash, we are asking ourselves how much cash should an investor have? There are two issues in regard to a rational answer to this question.
Trump’s Crypto About-face
Is Trump’s crypto about-face a true change of heart of a ploy to get donations to help his presidential campaign?
Ether ETFs Greeted by a Price Drop
The debut of spot Ether ETFs was more than $1 billion in trading and then the price floor fell. Why were Ether ETFs greeted by a price drop?
Trump and the Digital Dollar
Now, with the US election campaigns in full swing, Trump and his opposition to a digital dollar have become a significant issue for crypto.
Is Crypto Now Hotel California?
A recent article in Bloomberg Crypto reminded us of the last lines from the song Hotel California. The issue is that while you can put your money into crypto ventures, and you can be dazzled by the spectacular price surges you cannot always get your money out of a crypto investment when you want it!
Sending Money Back to Venezuela With Crypto
Nevertheless, sending money back home to Venezuela with crypto has become increasingly popular with the Venezuela diaspora created by a non-democratic government whose sole skill set seems to be one of robbing the country of its wealth and driving more than seven million of its citizens out of the country and creating 2,000,000% yearly inflation which has only recently improved to about 20% a year.