By
Dr. Bruce Ng and
Juan M. Villaverde On
November 16, 202003:55 PM Eastern
“Frankly,” said Jim Druckenmiller on CNBC last Monday, “if the gold bet works, the Bitcoin bet will probably work better because it’s thinner, more illiquid and has a lot more beta to it.”
In...
By
Dr. Bruce Ng and
Juan M. Villaverde On
November 11, 202001:55 PM Eastern
As Bitcoin (BTC, Tech/Adoption Grade “A-”) marches above $15,000, we see a broad shift in market sentiment is starting to take place — especially among big-foot investors.
That’s a big change....
By
Dr. Bruce Ng and
Juan M. Villaverde On
November 9, 202003:11 PM Eastern
Equity market indexes exploded today on news that Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) have developed a vaccine that’s more than 90% effective against COVID-19 “among those...
By
Dr. Bruce Ng and
Juan M. Villaverde On
November 4, 202004:08 PM Eastern
The American election is over, if not yet finally decided. But Bitcoin barely seemed to notice. It finished Election Day pretty much where it began — with within a few percent of $13,500.
That’s...
By
Dr. Bruce Ng and
Juan M. Villaverde On
November 2, 202001:11 PM Eastern
Last Monday, we wondered whether Bitcoin (BTC, Tech/Adoption Grade “A-”) had “decoupled” from traditional financial asset markets.
That was when the crypto market’s biggest player was rolling...
By
Dr. Bruce Ng and
Juan M. Villaverde On
October 28, 202012:24 PM Eastern
Strange as it may seem, the cryptocurrency markets couldn’t care less who wins the White House. Or the Senate. Or the U.S. House of Representatives.
Why? Because both sides have sworn to print...
By
Dr. Bruce Ng and
Juan M. Villaverde On
October 26, 202004:12 PM Eastern
Bitcoin (BTC, Tech/Adoption Grade “A-”), still well above $13,000 as of midday Monday after breaking through that key level last week, is in the green today even as U.S. equities sell off on...
By
Dr. Bruce Ng and
Juan M. Villaverde On
October 21, 202002:30 PM Eastern
Decades of near-zero interest rates have left millions of investors frustrated as hell at no longer being able to earn a decent return on their savings.
But crypto’s Decentralized Finance (DeFi)...
By
Dr. Bruce Ng and
Juan M. Villaverde On
October 19, 202002:09 PM Eastern
Three weeks ago, we talked about the “central bank digital currency” (CBDC) concept and what it means in the context of a broader movement defined by “decentralization.”
Raoul Pal made some...
By
Dr. Bruce Ng and
Juan M. Villaverde On
October 14, 202012:23 PM Eastern
This number comes from a popular indicator called S2F, or stock-to-flow analysis, which is based on a very common-sense idea: The scarcer a commodity is, the more valuable it becomes.
Gold, for...