Given nasty, horrible market conditions, today’s newsletter will discuss the exact opposite of euphoria: the crypto bottom. While crypto markets today are depressed for a lot of reasons, we’re not going to be discussing exactly why crypto is down, instead focusing on what a future bottoming out of markets might look or feel like. We’ll also take a… Continue reading What Does a Crypto Market Bottom Look Like?
Month: June 2022
Crypto’s Dirty Secret
(This is a four-minute read) Inflation is the core mechanic in a bear market. Even though crypto has onboarded millions as refugee asset from inflationary money-printing regimes, crypto’s dirty secret is that the entire industry is based on inflation–the steady release of new tokens on the market to incentivize growth. While Bitcoin is advertised as… Continue reading Crypto’s Dirty Secret