Archive: polygon
The SEC Can’t Kill Crypto
By Vin Narayanan on June 9, 2023
We’re entering a new phase in the development of the crypto ecosystem. The era of crypto exchanges and crypto businesses operating without any regulatory oversight are coming to an end. The European Parliament voted 517-38 in April on a comprehensive package of new rules aimed at regulating the crypto industry. The rules, on balance, appear to be fair to investors, crypto exchanges, and the crypto industry. They provide a relatively clear road map for what’s allowed…
Expansions and SEC Troubles: A First Stage Investor Crypto Portfolio Update
By Early Investing on May 18, 2023
The First Stage Investor crypto portfolio is in a good place. We’ve got some coins in the red, with Solana taking a particularly hard beating. But Polygon is up nearly 50%, and Uniswap is making some promising strides. In this…
Crypto’s Two Biggest Exchanges Get Heat From Regulators
By Vin Narayanan on March 31, 2023
Crypto Market Musings Bitcoin broke through the $28,000 barrier (and for one brief moment topped $29,000) on Wednesday after spending about a week trading in the $27,000 range. It’s currently trading at $28,460.27. Most cryptos rallied behind bitcoin’s big Wednesday surge (more than 5%). Ethereum jumped…
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%…
New Pick: An Optimistic Crypto With Forward Momentum
By Vin Narayanan on February 24, 2023
I used to write about horse racing for a living. It was a long time ago. And it was fun! I loved going to the track and talking to trainers, watching people place bets, reveling in the ferocious thunder of hooves hitting the dirt in the…
New Pick: With Great Risk Comes Great Reward
By Vin Narayanan on February 16, 2023
We talk about risk all the time in investing. In the stock markets, companies can fail or not meet expectations. And if that happens, stock prices can go down or tank. In real estate, a property’s value could drop over time. Or it might not generate as much…
FTX and the Crypto Regulations Still to Come
By Vin Narayanan on November 21, 2022
It’s been a crazy couple of weeks in the crypto market as it tries to sort through the fallout of crypto exchange FTX filing for bankruptcy. For a more detailed account of how it happened, please read this update I wrote…
New Pick: An Ethereum Alternative With a Stunning Transaction Rate
By Vin Narayanan on August 11, 2022
As I’ve written — and said — often, trying to time the markets is a fool’s errand. The crypto markets, in particular, are too volatile to time precisely. And for buy-and-hold investors, investment time horizons are more important than investing at exactly the right moment. If you’re holding…
New Pick: A Robust Ethereum Scaling Solution With VC Backing
By Vin Narayanan on May 26, 2022
Sometimes — and especially in bear markets — investors need to be opportunistic. That’s why Andreessen Horowitz just launched a $4.5 billion fund for crypto projects. A16z is going bargain hunting. And with good reason. “Bear markets…
Separating Signal and Noise in Crypto Markets
By Adam Sharp on December 10, 2021
Back in September, I wrote a piece called “Beware the Cardano Price Mirage.” In it, I warned that “cheap” tokens like Cardano (ADA) aren’t actually cheap at all. Here’s an excerpt: So although Cardano does currently trade at “just”…
Bitcoin Hasn’t Reached Its Peak Yet
By Adam Sharp on December 3, 2021
Bitcoin has pulled back significantly, but I still think we’re in a long-term uptrend. I just don’t believe this cycle has peaked yet. With a high of $69,000 so far this year, we’re only up about 3.5x from the 2017 cycle high of around $20,000. In…