Why Bitcoin Will Not Replace The Dollar
Some will rightfully say we are a glutton for punishment. Our previous articles on Bitcoin and cryptocurrencies have been met with boos and hisses (to be kind) from laser-eyed crypto crusaders. Despite what many of our critics think, we are […]
100k Bitcoin
Turn on CNBC, and you will notice a bright green box permanently affixed to the bottom right corner with the ever-changing price of Bitcoin. Bitcoin is all the rage as market speculation across crypto and other assets is robust. Moreover, […]
Bitcoin Is Entering Volatility Season
Since the election, Bitcoin has risen nearly 50%. While Bitcoin investors are licking their chops, believing the magnificent rally will continue, they need to realize that Bitcoin is entering a period of pronounced seasonal volatility. The graph below from Sentimentrader […]
Oil Prices Fall As China Slows
As we share in the graph below, crude oil prices peaked at $95 a barrel a year ago. More recently, in July, they were as high as $85. Today, they are below $70 and threatening to take out long-term support. […]
Online Prices Point To Deflation
The Adobe Digital Price Index claims to use data from over one trillion online consumer transactions comprising over 100 million unique product SKUs. While those are massive numbers, Statista estimates only 16% of retail sales will come from online transactions […]
Is Bitcoin A Valuable Asset To Own During Fed Rate Cuts?
Yesterday’s commentary answered a question from a reader about our thoughts on owning gold or gold miners during a bull steepening period. Hours after publishing the commentary, we got a similar question asking how bitcoin might do when the Fed […]
Bitcoin Is Halving On Saturday
On Saturday, April 20, Bitcoin will be halving. Halving is an essential part of what makes Bitcoin unique. The halving process means that bitcoin miners will receive half as many bitcoins for verifying blockchain transactions. Currently, they receive 6.25 bitcoin […]
MicroStrategy Investors Are Buying Bitcoin At A Massive Premium
Microstrategy (MSTR) provides its customers with business intelligence, mobile software, and cloud-based services. Despite losing money and zero growth in revenues over the last ten years, investors can’t seem to buy enough of MicroStrategy. The rationale is not based on […]
Miners Fail To Keep Up With Gold And Bitcoin Rally
Gold and Bitcoin have been among some of the best-performing assets recently, yet despite their outperformance, the companies that mine for gold and bitcoin lag well behind their respective products. The lower two graphs show the price ratio of gold […]