Bitcoin, Crypto, Rates, and Inflation — JPMorgan CEO Jamie Dimon just called bitcoin and other cryptocurrencies “decentralized Ponzi schemes.” In a congressional testimony this week, he also referred to himself as “a major skeptic” when it comes to cryptocurrencies like bitcoin. His remarks came during a hearing with the U.S. House Committee on Financial Services featuring…

Breaking Down the State of Crypto Mining — In cryptocurrency, there is bitcoin, and there is everything else. Ethereum has largely dominated that “everything else” category of crypto for the last several years. Soon after it launched, Ethereum became the world’s second-largest cryptocurrency by market cap behind only bitcoin, and its held that second place title with ease…

Two words: Ethereum Merge — Let’s talk about Ethereum. Ethereum’s upcoming merge to proof of stake is set to begin on Sept. 6 and conclude sometime between Sept. 10–20. It’s here, it’s finally here, I think… I can’t stop consuming content about the merge. It’s hands down one of if not the most anticipated evenst…

August 2022 Crypto Update — “Anyone who studies history can see that no system of government, no economic system, no currency, and no empire lasts forever, yet almost everyone is surprised and ruined when they fail.” — Ray Dalio Macro Matters July was a rebound month for bitcoin. The world’s largest cryptocurrency by market cap rallied 15%…

Breaking Down Why Bitcoin Will Remain the Top Cryptocurrency by Market Cap — Ethereum is the world’s second-largest cryptocurrency. It’s second only to bitcoin. Everyone is watching the crypto markets as ethereum prepares to merge from proof of work to proof of stake in mid-September. The “merge” has been discussed and delayed for years, but it looks like it’s finally happening. Since June…

$100,000 Bitcoin, Laser Eyes, and if Any of It’s Still Possible — In both April and November 2021, bitcoin topped $60,000, and social media profile pics everywhere strapped on laser eyes for $100k. A lot of those same people still have laser eyes but is $100,000 bitcoin still possible? Current Market Cycle Bitcoin is on a volatile ride during the current market cycle. Highs this…

These Price Points Are Critical in the Current Bitcoin Market Cycle — Bitcoin opened 2022 at $47,000. Since then, it’s been on a volatile ride alongside traditional markets. The world is experiencing ongoing inflation, global supply chain bottlenecks, an energy crisis, a Russian invasion of Ukraine, and lingering effects from the pandemic. Throughout it all, bitcoin remains the world’s largest cryptocurrency and…

A Look Back at What I’ve Learned From Crypto — The first time I heard about bitcoin was in relation to the Silk Road. On October 1, 2013, as the price of bitcoin was hanging around $100, a 29-year-old young man from Austin, Texas, entered the Glen Park Library in San Francisco, California. He made his way to the second…

Bitcoin notched its highest weekly close since June. After briefly breaking above $25,000 this weekend, the world’s largest cryptocurrency sits at $24,000. On June 18, 2022, bitcoin bottomed out at $18,000 and has been on a steady rise to current price levels ever since. Upward consolidation is the current trend…