One Bitcoin Equals One Bitcoin Becomes the Narrative as the Drop Gets ‘Too Painful’
Virtual money, digital gold, inflation hedge, uncorrelated asset, store of value: those are phrases once used by Bitcoin’s fans to describe the cryptocurrency’s virtues. Its new narrative? A Bitcoin is a Bitcoin.
Cryptocurrencies Through 9/21
Here's the latest on the largest cryptocurrencies by market share.
How Crypto-Backed Loans Work
The concept of using liquid investment vehicles as collateral for a loan is not new to investment practitioners who have embraced margin and collateralized account loans. It is therefore not a surprise that the DEFI platforms and crypto platforms would find a way to provide this service to their loyal clients.
Inflation Sinks In
Remember when inflation was going to be transitory? Good times. I was in that camp myself early on, as were some serious analysts I greatly respect (and still do). Then the data began to show core inflation would be stickier than expected, and I turned in my Team Transitory T-shirt. I appreciate people who admit their mistakes. We all make them.