Archive: crypto prices
New Pick: The Likely Dominant Player in Crypto Data Storage
By Vin Narayanan on April 20, 2023
It’s easy to think about crypto as a series of prices that go up and down. It’s even easier to think about crypto as a series of prices that go up when bitcoin goes up and go down when bitcoin goes down. But the reality is far more complicated than that. In crypto, fundamentals matter. And three of the most important fundamentals are use case, adoption, and developers. If you have all three, there’s a good…
Crypto in 2022: The Good, the Bad and the Weird
By Early Investing on December 29, 2022
It’s been a crazy year for the crypto market. We saw high-profile scandals, bankruptcies, hacks and a lot of reduced crypto prices. We also saw the Ethereum Merge go off without a hitch. We saw the Ukrainian government…
The Silver Lining of the FTX Collapse
By Yasmin Sharbaf on November 18, 2022
Crypto Market Musings The impact of the FTX scandal continues to shake the crypto world. The exchange filed for bankruptcy last Friday after its rival Binance stepped back from saving it. And news of FTX’s corruption and bad investments just seems to keep…
Crypto Bear Market Continues Despite Relief Rally
By Vin Narayanan on July 22, 2022
Crypto Market Musings Relief rallies happen when a lack of bad news — or news that wasn’t quite as bad as investors expected — causes the markets to go up. And they typically take place during bear markets. We usually don’t…
A Strong Dollar Drives Bitcoin’s Price Down
By Vin Narayanan on July 15, 2022
Crypto Market Musings Phew. June inflation numbers came in hot on Wednesday — and the markets mostly yawned. Bitcoin is trading (as of this writing) at around $20,000. It was trading around $21,000 last week. Ethereum is trading around $1,131. It…
There Is No Crypto “Contagion”
By Vin Narayanan on July 8, 2022
Crypto Market Musings Crypto’s recent correlation with the stock market is finally paying dividends. The stock market is rallying — and so is crypto. As of this writing, bitcoin is up almost 11% over the last five days and is trading…
New Pick: A Deliciously De-Risked DeFi Crypto
By Vin Narayanan on June 17, 2022
As expected, the crypto markets tumbled this week (and some last week as well). The timing of the downswings are fairly predictable now — whenever new inflation data or interest rate hikes hit. The bad economic news triggers a sell-off…
Crypto Insider: How to Handle the Crypto Bear Market
By Early Investing on May 23, 2022
The crypto bear market has been rough. Bitcoin started the year trading at around $47,000 and is currently trading for around $30,000. Ethereum started the year around $3,800 and is now around $2,000. And downtrending crypto prices are just one aspect of a bear market. Investor…
Investors Overreact to Crypto Dips
By Adam Sharp on November 19, 2021
Bitcoin and DeFi (decentralized finance) tokens have been on an absolute tear over the last year. One year ago today, bitcoin’s price was around $18,600. Today it’s above $58,000. Ethereum was around $500 this time last year, and it’s over $4,000 today. Solana (SOL) is up…
Mailbag: Understanding Resistance Levels and Foreign Stock Portfolio Allocation
By Early Investing on April 14, 2019
This week, the Early Investing Mailbag is tackling resistance levels and foreign stock allocation.