Category Archives: Bitcoin Letter

Bitcoin Hoarders Aren’t Selling

Bitcoin lately has been resting, and the good thing is, it hasn’t been overly choppy. After reaching prior cycle highs, it retraced into a broad consolidation range that reflects digestion rather than exhaustion, and that is a sign of things to come. We are well past the era of large-scale asset purchase programs, and many […]

Welcome the Concierge Banker to the Crypto Industry

If you want to insulate yourself from the daily gyrations of cryptocurrency but still gain exposure to the economic infrastructure that supports it, there is a clear historical lesson in the rise and collapse of Silvergate Capital Corporation (SICPQ). You never needed to open a cold wallet or custody a digital asset to participate in […]

High Inflation is a Gift to Crypto

The writing has been on the proverbial wall as central banks around the world struggled for years to contain inflation without destabilizing financial systems. A steady stream of economic data over the past several years has highlighted how fragile the global financial balance became after the pandemic, with inflation emerging as one of the most […]

Global Pension Funds Next in Line

Once it rains, it pours. South Korea’s public pension ecosystem has long been viewed as conservative, but that perception has been steadily eroding. One of the country’s largest institutional pools of capital, the Korean Teachers’ Credit Union (KTCU), has explored digital asset exposure as part of its broader effort to improve long term returns. The […]

Are Altcoins Relevant?

As some of you may have figured out, there are other cryptocurrencies out there besides Bitcoin (BTC). In fact, there are thousands of different cryptocurrencies out there. Generated, in part, by the transformational narrative of BTC, many have tried to replicate the success of Bitcoin in terms of percentage gain of the underlying asset. These […]

Understanding the Fog of War

One might postulate that the price of Bitcoin and Chinese housing have no relevant correlation with each other. Think again! Granted, Chinese citizens aren’t denominating their mortgages in Bitcoin to snap up their ritzy Shanghai townhouses overlooking the Bund. I don’t mean that. But Bitcoin is an asset just like stocks, bonds, and commodities, and […]

The Appeal of Ethereum

I’ll take you on a short journey on the next best thing after Bitcoin in crypto land. Ethereum, or ETH. It’s most likely the most profitable opportunity from the established crypto assets today. ETH is the second-largest cryptocurrency by valuation, coming in at over $400 billion. I know many of the readers out there have […]