Crypto’s largest exchange just got hit with $4 billion in fines. Its CEO resigned. Rumors are swirling that the largest stablecoin, a crypto version of the US dollar, will collapse under US regulatory scrutiny. Every major US crypto entity is getting sued by investors, users, or the US government. Bitcoin’s…

In last month’s post, I looked at our legacy financial system’s rules and how cryptocurrency breaks those rules. This month, I talk about the fundamental reason we’re in this market and the difference between financial freedom and financial liberty. This week, Binance kingpin CZ capitulated to US authorities. He and…

Last month, bitcoin’s price smashed through “resistance” and started zooming. Now all people talk about is a new bull market. Bitcoin maximalists in my chat groups have moved from “freedom money / bitcoin fixes this” to star signs, price targets, and rocket emojis. …

Bitcoin’s price started pumping, some altcoins caught a bid, US regulators said they’re reviewing spot bitcoin ETF applications, and next thing you know everybody’s saying bitcoin’s in a bull market. Seems silly. If bitcoin’s price stays above $15,600, then it’s been in a bull market since November 2022. Where were…

If you’ve spent even a little time in crypto, you’ve heard people talk about Bitcoin dominance and “TOTAL2/TOTAL3” trading charts that capture the altcoin market. You’re probably familiar with terms like total value locked (TVL), fully diluted value (FDV), and market cap. Those metrics work fine for getting a sense…

On November 3, 2023, Citizens Bank collapsed. Its closure marked the fifth US bank failure of 2023, the most bank failures in a single year since 2017. After a few years of calm, people in the US rediscovered a hard truth: Even the safest assets and most trustworthy institutions can…

The Fed, the US’s central bank, recently met to decide what to do about interest rates. While it kept rates unchanged, it said people still have too many jobs and make too much money. It needs to “drain liquidity” and “weaken the labor market.” Higher for longer, as it says…

In last month’s post, I talked about predictions, price models, cycle theories, and what to think about conflicting visions of the future. In this month’s issue, I look at our legacy financial system’s rules and how cryptocurrency breaks those rules. A few weeks ago, I heard a Fed spokesman define…

With bitcoin’s price breaking above $30,000, the cryptosphere seems locked in a “bull or bear market” conflict. Bitcoin’s price keeps going up but it feels like a bear market. Leading indicators and social media tell you the world’s about to fall off a cliff but your friends think everything’s OK. …