As noted in my newsletter, I have been steadily buying stock in Blockchain Intelligence Group (BIGG-CSE). Earlier this week, I managed to interview the CEO of BIGG, Mark Binns. I’ve posted the transcript below. I am slowly (quickly?) adding more stocks to my portfolio with exposure to crypto and increasing my research efforts. While we might have a nice run this… Read More »
For the last ten years, I have invested in junior gold exploration stocks, oil and natural gas stocks, and cryptocurrency. Oil and gas gave good returns for the first part of the decade, but for the last five years it’s been a rough go, even before the pandemic. Meanwhile Tesla’s stock price has gone from…. Never mind, let’s… Read More »
With bitcoin up 58% this year and Ethereum also having a great year (up 193%), stocks with exposure to crypto are riding the wave. But there’s problem: Finding publicly traded companies with serious exposure to crypto. One of the very few pure “crypto-stocks: is Riot Blockchain (RIOT-NASDAQ), which is up 225%: And another one has been Galaxy Digital Holdings (TSX-GLXY-T): And that… Read More »
First the bad news. The bloodbath continues in the land of Ethereum tokens: This is not a surprise to anybody willing to look at the state of the Ethereum network. It has been running at full capacity for months, and as a result, gas prices are ridiculously expensive: I need to explain this chart to you. The price of… Read More »
Historically for crypto, September is by far the worst month of the year, as noted four weeks back: “A Good Argument to Sell, Then Buy Right Back.” Right on schedule, everything tanked: Bitcoin is flirting with $10k, after starting the month at $12,000. Ethereum has gone from a high of $470 down to low $300s. And finally, the folks… Read More »
September is the worst month of the year for bitcoin. Since 2013, the aggregate monthly return for bitcoin in September has been MINUS 39%. There are only two other months in the year that show a negative return for bitcoin: January (minus 22%) and June (minus 7%). Already in the last week of August, bitcoin is starting to trend down.… Read More »
