Dispatch #28 – 2021 September 3rd, 2021 Hope everyone is enjoying the last few weeks of summer. The weather on the East Coast is particularly nice this weekend, even if some areas are recovering from Ida’s aftermath. The lead story is the Ethereum blockchain split a week ago, but it’s been lightly discussed because […]
Market Updates
Bitcoin improves portfolio returns
Dispatch #27 – 2021 August 20th, 2021 The focus story this week is the absolute and risk adjusted return enhancement from adding bitcoin to traditional 60:40 portfolios. We highlight the study by Econometric, a blockchain analysis firm, that illustrates the superior outcome over most historic time horizons if a portfolio added and kept a 5% […]
Crypto arrives in Washington with the Infrastructure Bill
Dispatch #26 – 2021 August 13th, 2021 The crypto language inserted into the Infrastructure Bill takes top billing this week. This political bungle might become a big deal for US-based developers, but investors won’t notice any difference. A bipartisan group of Senators tried to strip out the potentially harmful language, but failed because of pork […]
Crypto tax refresher as regulatory scrutiny spikes
Dispatch #25 – 2021 July 30th, 2021 This is a holiday-shortened edition of the Dispatch that provides a mid-year tax refresher for US readers. The key message is that YOU are responsible for keeping track of the cost basis and calculating gains/losses. There’s rising bipartisan support to crack down on crypto tax avoidance and the […]
Tether reserve risks are serious & more stablecoin regulation is coming
Dispatch #24 – 2021 July 23rd, 2021 This week The Dispatch looks at the stablecoin market and the risks posed by a lack of reserve audit at Tether, the largest stablecoin. Additionally, there’s clear evidence of US authorities desire to impose additional oversight of stablecoins, which could well be a positive. It is ironic that […]