Category Archives: Cryptocurrency

“Ethereum ‘merge’ will change crypto forever”

Ethereum is the most-used blockchain and powers Ether, the second-largest cryptocurrency, with a $202 billion market cap. Ethereum also hosts numerous decentralized applications (dApps), decentralized finance (DeFi) protocols and establishes the authenticity of millions of non-fungible tokens (NFTs). 

This means the outcome of the merge will affect not just the Ethereum blockchain, but a wide constellation of products and services that rely upon it. And given Ethereum’s size and influence, the fate of the merge is likely to have a ripple effect on the broader crypto industry.”

Read more here

Freestyle Financial Update

We just posted an updated market analysis on the Investing page. Long story short, more selling is likely. Our bottom target for SPY is ~355 and for BTC we see low 20s.

“Dogecoin Could Turn Into a Real Currency To Spend Rather Than Hoard”

“…by 2040, there will be no more Bitcoins able to be mined. As a result, this will encourage excessive hoarding of the supply of Bitcoins. This will push up the Bitcoin price, but reduce the actual trading volume of the Bitcoins (i.e., deflating the float available). On the other hand, by allowing five billion Dogecoins per year to increase the supply of Dogecoins for infinity, the supply will grow, but eventually, reach a practical limit. Therefore, we can calculate the inflation rate of the currency over time.”

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We Want You!

“Cathie Wood discusses her investing picks, plus her insight on Reddit, GameStop, Tesla and Bitcoin”

Here is the manager of the best-performing money fund talking about her market positions:

Also here she’s promoting the genomics sector (our largest holding is Bionano Genomics):

XRP On Sale!

The redheaded stepchild of cryptocurrencies (Ripple) is being sued by the SEC. Find out why!