Dispatch #17 -2021 May 28th, 2021 The Dispatch spent this past week listening to insightful speakers and panels at the Consensus 2021 conference. It was at Consensus that Ray Dalio declared “I have some of it,” while articulating a preference for Bitcoin over the US Dollar or bonds. The event was also a good example […]
Crypto downdraft as Tether reserves & regulatory news add to worries
Dispatch #16 -2021 May 21st, 2021 The lead story this week is the crypto downdraft, which reminded participants about the downside of volatility. The action reinforces the importance of positioning size to be able to absorb volatility: Bitcoin had the first ever $10K daily move on May 19th! The Musk tweet, highlighted in Dispatch #15, […]
Bitcoin gets Musked & SEC staff letter on crypto
Dispatch #15 – 2021 May 14th, 2021 This week started with Bitcoin acting like a mature asset, correlating to the stock selloff. However, we were quickly reminded that Bitcoin is just a 12-year-old asset when Elon Musk’s tweet led to a sharp selloff. The top story, though, is a SEC staff comment that further solidifies […]
SEC delays Bitcoin ETF but Bitcoin adoption momentum accelerates
Dispatch #14 -2021 May 7th, 2021 The Dispatch starts with SEC delaying the Bitcoin ETF application by Van Eck. Then, we will delve into the accelerating momentum on Bitcoin adoption. Perhaps the most important story is the possibility of multiple banks offering their customers access to Bitcoin with the help of NYDIG. The FT story […]
Square + Ark bitcoin energy study, Kanye’s $1.8m sneakers, Tesla sells Bitcoin, Timmer’s turns cautious & no signs of Bitcoin peak in on-chain data
Dispatch #13 -2021 April 30th, 2021 The top story this week is the Square + Ark Invest’s view on the bitcoin network’s potential role in the global transition to renewable energy. The Dispatch is not entirely sold on this rose-tinted view, but since it’s a Bitcoin-leaning weekly, this story gets the lead! However, there are […]