First tough week Last week was probably the first tough week since the ETFs launched. We experienced net selling. Some critical factors appear to be the end of the approaching quarter, which will cause some balance sheet shuffling but also the settlement of the Genesis bankruptcy. Overall, $0.8 billion in net selling in the week

Not Satoshi By its nature, bitcoin invites attack. Anyone can copy the software. Anyone can call it their own. From the very start, it was open source and intended to be so. That has had many consequences, which include many forks of bitcoin, where copied code purports to be bitcoin or some superior version of

What if? One of the better books about cryptocurrency is Cryptoeconomics by an ex US Navy pilot called Eric Voskuil. I wouldn’t necessarily recommend reading it unless you are really an enthusiast but it sets a very interesting tone because he has worked deeply with the US government. For example, we generally read that the

Getting high A short note on all-time highs. Bitcoin, give or take, has an all-time high price of US$69,000, which has been topped a few times intra-day this week. It first arose in November 2021. Since then we have had inflationary impulses of 4.7% in 2021, 8% in 2022 and 4.1% in 2023. As a

Dad Politics is about winning For a long time, since the beginning in fact, digital assets have had no friends in politics. Simply, it was not a vote winner. Indeed there was no need to take a position on things like bitcoin because nobody had really ever heard of it and it was ‘nonsense’ and