While the crypto markets have been in a bear market for most of 2018–2019, the fundamentals have only continued to grow. Below are a few charts highlighting this continued growth in the space. Bitcoin and Ethereum Growth Bitcoin 1. Bitcoin wallet growth The amount of
Gold-Backed Cryptocurrencies, a Better Alternative to Gold ETF’s?
This post will highlight the difference between Gold-backed cryptocurrencies and gold ETF’s, and evaluate whether there is a meaningful role for the former. What is a Gold-Backed Cryptocurrency? Gold-backed cryptocurrencies are digital currencies that are tied to a certain weight of
Is a Recession Coming?
This post will highlight what some key indicators are telling us about the current state of the market. 1. Yield Curve Inversion One of the best indicators for a coming recession has been an inversion of the yield curve. An inversion is when short-term interest rates (on debt instruments)
The Bullish Case for Ethereum in 2020
Any current metric will show that Ethereum is the leading smart contract platform. It is by far the most widely used blockchain by developers everywhere. This post will explore the growth of the Ethereum ecosystem over the past few years, and highlight some important updates coming up as
Is Bitcoin Becoming A Safe Haven Asset?
Bitcoin had a pop in price of almost 5% following the assassination of Qassem Soleimani, a major Iranian Official. Gold, long considered a safe haven asset, also had an uptick of about 1.5% on the news. While gold is still the most favored hedge against geopolitical uncertainty, the question of
Is Litecoin Just a Testnet for Bitcoin or a Vastly Undervalued Cryptocurrency?
I read a critique on Litecoin recently. The basic premise was that Litecoin is just a testing ground or testnet for Bitcoin. The author seemed to insinuate that Litecoin had little value other than testing new technologies prior to Bitcoin implementing them and was not a valuable standalone