Volatility in crypto has pulled the value of Bitcoin towards $80,000 USD, as the so-called Trump bump continues to fade across markets. With a pro-growth president devoted to deregulation, and bent on asserting US dominance over everyone else, the conventional wisdom was to pile into US assets and crypto, and brace for bond yields and the dollar to surge higher. All that happened in the weeks after the election. But since Donald Trump actually took office on Jan. 20, and particularly in the last week, all the Trump trades have reversed.
It is quite likely we will continue to see extreme volatility in the sector, and the journey up and to the right quite possible, given the limited supply of Bitcoin, so while, as a speculative trading asset people will continue to play with it, as a cornerstone of a secure wealth building strategy, I am less convinced.
My point here is that market uncertainly is broader than just crypto, but Bitcoin and other coins are likely to continue to magnify the volatility also visible in other markets.
No wonder perhaps that a critical detail from the 2025 meeting is that Warren Buffett’s Berkshire Hathaway’s cash pile hit a record high to over $330 billion, suggesting the Oracle of Omaha and his investment Colossus are on the sidelines.
http://www.martinnorth.com/
Details of our one to one service are here: https://digitalfinanceanalytics.com/blog/dfa-one-to-one/
Go to the Walk The World Universe at https://walktheworld.com.au/
Volatility in crypto has pulled the value of Bitcoin towards $80,000 USD, as the so-called Trump bump continues to fade across markets. With a pro-growth president devoted to deregulation, and bent on asserting US dominance over everyone else, the conventional wisdom was to pile into US assets and crypto, and brace for bond yields and the dollar to surge higher. All that happened in the weeks after the election. But since Donald Trump actually took office on Jan. 20, and particularly in the last week, all the Trump trades have reversed.
It is quite likely we will continue to see extreme volatility in the sector, and the journey up and to the right quite possible, given the limited supply of Bitcoin, so while, as a speculative trading asset people will continue to play with it, as a cornerstone of a secure wealth building strategy, I am less convinced.
My point here is that market uncertainly is broader than just crypto, but Bitcoin and other coins are likely to continue to magnify the volatility also visible in other markets.
No wonder perhaps that a critical detail from the 2025 meeting is that Warren Buffett’s Berkshire Hathaway’s cash pile hit a record high to over $330 billion, suggesting the Oracle of Omaha and his investment Colossus are on the sidelines.
http://www.martinnorth.com/
Details of our one to one service are here: https://digitalfinanceanalytics.com/blog/dfa-one-to-one/
Go to the Walk The World Universe at https://walktheworld.com.au/
I caught up with Adam Stokes, for a review of 2022 and into 2023. The Crypto community took a number of body blows in the year, most notably the failure of FTX, against the backcloth of Central Bank Digital Currency pilots and calls for increased regulation.
And how does all this play into the need to control inflation, and for sound money? Where might 2023 take us?
I caught up with Adam Stokes, for a review of 2022 and into 2023. The Crypto community took a number of body blows in the year, most notably the failure of FTX, against the backcloth of Central Bank Digital Currency pilots and calls for increased regulation.
And how does all this play into the need to control inflation, and for sound money? Where might 2023 take us?
Perhaps we should be careful not to put the baby out with the bathwater!
“Our vision is to build the digital financial infrastructure for the future. We are moving forward with that overarching and audacious strategy and can clearly see how this will roll out.” Caroline Bowler CEO, BTC Markets
Go to the Walk The World Universe at https://walktheworld.com.au/
Perhaps we should be careful not to put the baby out with the bathwater!
“Our vision is to build the digital financial infrastructure for the future. We are moving forward with that overarching and audacious strategy and can clearly see how this will roll out.” Caroline Bowler CEO, BTC Markets
Go to the Walk The World Universe at https://walktheworld.com.au/
The FTX Story continues to run with reports of missing funds and deceptions. In Australia, ASIC appears to have been asleep again, as we find that the local instance of FTX – who owes money to some 30,000 investors – used a back door method of get a local license to operate.
So once again the Financial cop was found wanting!
Go to the Walk The World Universe at https://walktheworld.com.au/
More bad news from the fallout from FTX, with derivatives and lending now under questions. Genesis, derivative business has a hole and Gemini is also under pressure. The industry is tied in knots, and the links back to major players means risks are stacked on risks, totally unregulated!
Go to the Walk The World Universe at https://walktheworld.com.au/
This is an edited version of a live discussion about the current FTX debacle, the trajectory of Crypto, and the rise of Central Bank Digital Currencies. Is the future one of “harder, faster safer money”?
This is an edited version of a live discussion about the current FTX debacle, the trajectory of Crypto, and the rise of Central Bank Digital Currencies. Is the future one of “harder, faster safer money”?
