Cryptocurrencies

The Sunday Recap – Down the Rabbit Hole 35


Bitcoin has been on a tear in the past week – ripping up then right back down again -volatility is certainly back! The bull trend seems confirmed though sharp/steep corrections are in order. The ALTS have been savaged but their day in the sun will come in due course. Beware leverage in such market conditions!

Much of this week’s recap focuses on examining BTC’s recent price action. There’s certainly a lot to discuss.


Picks of the Week

Blowing my own trumpet – the conclusion to the Riding the Bull mini-series is worth your time. Also the video breaking down the current trade dispute between China and the US is very informative.


Twitter

Dissecting BTC’s next bullrun (highly recommended):
https://twitter.com/real_vijay/status/1141599541554294784

Catalysts for BTC price appreciation:
https://twitter.com/BeauStoner/status/1143665410404831233

A stablecoin pegged against a basket of currencies – in itself very significant for global finance going forward:
https://twitter.com/RaoulGMI/status/1142852691556782080

The Financial Action Task Force (FATF) Guidelines aren’t a ‘sky is falling’ moment:
https://twitter.com/jchervinsky/status/1142578848170741760

UK Central bank opening its deposit door to Libra:
https://twitter.com/GarrickHileman/status/1141846260095303681

Is Brian Armstrong unknowingly talking about pEOS?:
https://twitter.com/brian_armstrong/status/1142640371639263233

Non-deliverable forwards (NDFs) succinctly explained:
https://twitter.com/zhusu/status/1141515449630281728


Articles

Very useful guide to assessing the degree of decentralization of exchanges:
https://medium.com/totle/how-decentralized-are-dexs-a-classification-system-for-decentralized-exchanges-5f06fb7564e6

IEO Performances Across Exchanges: The Best and Worst IEO Launchpads to date:
https://hackernoon.com/ieo-performances-across-exchanges-the-best-and-worst-ieo-launchpads-so-far-d828c064a161

A bullish case for BTC surpassing previous ATH:
https://cointelegraph.com/news/4-big-reasons-bitcoins-price-will-probably-not-stop-at-20k-this-time:

A little more on Libra and it’s immediate wide-ranging impact on the crypto landscape:
https://hackernoon.com/hasta-la-vista-libra-cc0d33c3e941

The dollar’s global reserve status is not as immutable as it may sometimes seem (recommended):
https://www.aier.org/article/us-dollar-supremacy-could-quickly-fade

Quantum Security seen as a looming issue:
https://medium.com/drive-insider/the-quantum-attack-on-bitcoin-d676017024bc


Podcast

Concluding the five part mini-series examining how best to approach the crypto bull run (recommended):​
​

https://podcasts.apple.com/au/podcast/two-minute-crypto-riding-the-bull-part-5-of-5/id1441492450?i=1000443003588


YouTube

Digesting BTC price action and a price point discussion:​
​


Interesting observations on recent BTC price movement and the anatomy of a bubble:​
​


A few basic tips during this time of BTC price volatility:​
​


Unpacking the current US-China trade war (highly recommended):​
​


Infographic

A visually elegant representation of the relationship between Libra and BTC:

https://twitter.com/weizhouBinance/status/1141587173814099968

​​


A sit up straight week for crypto -gripping / exhilarating and of course, just a little bit stressful (especially if you are holding ALTS). Until next time. As always, looking forward to your comments and suggestions.


Note on Sources:

Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.

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