weekly-roundup

We often get asked what the best way is to invest in Bitcoin. It should be an easy thing to do. It’s a highly liquid asset that trades 24 hours a day and is owned by tens of millions of people worldwide. But it isn’t. If you are

Reuters published an article yesterday entitled “Goldman Sachs on hunt for bargain crypto firms after FTX fiasco”. It’s easy to dismiss this as just an opportunistic move from an aggressive investment bank and leave it at that. But think about it closely, and its significance grows. First, let’s

According to ByteTree data, 838,116 BTC are held by funds and ETFs, which is 4.4% of the total bitcoins mined to date. That had been growing into mid-2021 but has subsequently slowed. Remarkably, 77% of all bitcoin held in funds (633,394 BTC) are held in the Grayscale

Oh dear. It’s all gone pear-shaped again in cryptoworld, and it looks like the same old story: balance sheet illusion. The collapse of FTX is a shock, but the tremors are unlikely to be of the seismic magnitude of the collapse of LUNA earlier in the year. In fact,

They doubted it would happen, but it did. Musk now controls Twitter, and he will shake things up. Yesterday he announced that blue ticks will become a payable service which is entirely logical. This is important, and when you join the dots, you soon see where crypto comes in. Despite