Archive: balaji srinivasan

Crypto Market Musings Bitcoin is down around 0.7% over the last seven days. Ethereum is down about 0.4% over that same time period. And Monero is up about 1.8%. Conflicting macro narratives appear to be driving the market. Inflation is proving to be stubborn, and the Fed raised rates again this week. The crypto markets have consistently responded poorly to rate hikes over the last year. But continuing problems in the U.S. banking system — this…

Balaji Srinivasan Bets on Hyperinflation

By Vin Narayanan on March 24, 2023

Crypto Market Musings Bitcoin is soaring. It’s up more than 20% over the last 30 days and up about 5% over the last seven days. It’s trading at $27,928.74 as of this writing. Ethereum is up a more modest 10% over the last 30 days and about 1.5%…