Crypto Was Always Smoke and Mirrors

The world of cryptocurrency is rich with eccentric characters and anonymous Twitter personalities. So perhaps it shouldn’t be a surprise that one of the early figures who called attention to the problems with Sam Bankman-Fried’s cryptocurrency exchange, FTX, is a 30-year-old Michigan psychiatrist who investigates financial crimes as a hobby. James Block, who runs a crypto newsletter called Dirty…

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Bitcoin Bust or What?

In my previous market wrap, I posted a chart similar to the one below highlighting the current action in Bitcoin. Given that I find compression patterns with declining volatility interesting it’s worth spending a little bit more time analysing what exactly is happening with price at present. However all these things have to be viewed…

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