On September 22, 2021, US regulator Gary Gensler told college kids that passive investments can consistently earn a safe 8% return over the next 45 years. https://twitter.com/GaryGensler/status/1440705940567719944 Ok, boomer. I remember when they told me to buy a house so I’d have financial security. One year later, the housing market crashed, leaving me $100,000 underwater. … Continue reading Bitcoin is the Riskiest Kind of Asset Except for all the Other Kinds →

Bitcoin’s price dropped 24% in the past two weeks, including 19% in one day. It dropped 50% over the course of one week in May. It’s in the middle of a drop right now, as I post this article. Crashes are nothing new, nothing special, just bitcoin being bitcoin, but so many people still call … Continue reading Bitcoin Dip: End of the Bull Market or the Beginning? →

Yesterday, Crypto Twitter passed along a bizarre anti-bitcoin op-ed and US Senators took turns bashing crypto at a Congressional hearing. Nothing new. Over the past several months, we’ve seen headlines about China’s miners, US crypto laws, Coinbase Lend, Uniswap, Tether, fraud, fines, and bear markets. Elon Musk called Dogecoin a hustle on Saturday Night Live and Tesla said … Continue reading Bad News for Bitcoin? OK as Long as They Spell the Name Right →

Within days, bitcoin’s trading chart will print a golden cross. It may have already happened by the time you read this article. What’s a golden cross? A golden cross happens when bitcoin’s 50-day moving average goes above its 200-day moving average on a price chart. This last happened on May 20, 2020, and it looked … Continue reading Bitcoin’s Golden Cross is Coming and it Doesn’t Matter →

Seems like the price of almost everything keeps going up. That’s nothing new. Today’s governments try their damndest to make it so. Usually, they do a pretty good job and people generally carry on without a fuss. Until recently. In Europe, prices are rising faster than they have since 2016. US inflation rose 5.4% year-over-year, … Continue reading Want Bitcoin’s Price to Go Up? Don’t Bet on Inflation →

Looks like US regulators started to investigate Uniswap. What for? Not sure. As best I can tell, US regulators asked Uniswap to tell them how it works, how they market it, and what people do with it. While that’s a good place to start an enforcement action, let’s not get ahead of ourselves. In my day … Continue reading Uniswap Under Investigation? Government Can’t Stop Crypto →

Tap this button to switch over to the podcast version. Looking back at all of the monthly issues I’ve published since starting the Crypto is Easy newsletter in March 2020, I noticed a pattern: the embrace of uncertainty. Some call this 50/50 analysis. To be fair, I’ve lost count of how many times I’ve said “we shall … Continue reading Crypto is Easy – August 2021 →

Some people keep talking about a bitcoin bear market. I don’t. Not just because the definitions of “bear market” change from person to person and depend on arbitrary charting patterns and semantic contortions, but also because we have not seen a market cycle peak. At least, not a peak that matched any peak we’ve ever … Continue reading $29k Keeps the Bitcoin Bear Market Away →

Do you believe bitcoin’s price will drop to $20,000 soon? Or do you think it will complete a "Wyckoff accumulation” and burst into a supercycle by the end of the summer? Perhaps crypto will spend the next year in a bear market? If so, what will happen to the stock-to-flow model? It demands bitcoin’s price … Continue reading Bitcoin on the Verge of Collapse or Explosion? →

Quite a turn of events. Last month, YouTube told me about all these altcoins ready to boom in May and Twitter said the supercycle was about to begin. Now YouTube says the market peaked in April and Twitter says we’re in a bear market. Seems a little excessive to me. (Yes, at the end of … Continue reading Bitcoin Bear Market Already? →