Crypto is Easy: Insights for Profitable Investors
Crypto is Easy: Insights for Profitable Investors
Weekly Rundown - March 26, 2023
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Weekly Rundown - March 26, 2023

Stablecoinz
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Before jumping into today’s issue, I just wanted to ask: are you building a web3 brand? 

If so, I’m happy to announce that there are spots left to partner with this newsletter. If you want to get your brand in front of 20,000 active crypto builders and investors, then Crypto is Easy is your answer!

👉 Apply To Become A Sponsor

Don’t wait until the last moment or you might miss your chance!

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Salam! سلام

Did you read the March monthly issue? I’ll bet you didn’t! I can see the performance metrics 😀.

Here’s a second chance:

Crypto is Easy: Insights for Profitable Investors
Give to Powell What Belongs to Powell - March 2023 Monthly Issue of Crypto is Easy
Listen now (23 min) | In last month’s issue, I looked at narratives and why reality matters more than facts, charts, and projections. In this month’s issue, I reflect on cryptocurrency’s relationship with the legacy financial system…
Listen now

Read the March Monthly Issue

As you may have heard, Fed Chairman Powell said bank failures might wreck the US banking system enough that the Fed won’t have to raise rates anymore.

Is that good because it gives everybody the “pivot” they’ve wanted for so long, or bad because it means the Fed will finally accomplish its goal of making you poorer, taking away your job, and making your business less profitable?

We’ll see.

Catch my most recent update, where I recap the four approaches I’ve talked about over the past few months, check on some market behaviors you probably want to know about, and look at an unsettling pattern for stablecoins.

Crypto is Easy: Insights for Profitable Investors
Bitcoin and Altcoin Market Update - March 24, 2023
Ramadan Mubarak! Today’s update covers these topics: Recap: four ways to play this market Remarkable HODL behaviors More shenanigans with stablecoins Bitcoin/altcoin dominance 300% gain on a token that’s the same price now as it was when you bought it…
Read more

If you took any of the approaches I’ve talked about over these past few months, you’re set. Let the market do its thing.

If you didn’t take any of those approaches or don’t know what I’m talking about, catch the update or watch the video that goes with it.

Catch My Most Recent Update

Scroll down for a poll, a meme, some articles, and job listings.

Also note, I may move this newsletter to a new service provider, Beehiiv. My team’s exploring the option. Nothing will change on your end and I’ll let you know before I switch! I’m sharing this just for transparency.

(I love Substack and it’s the easiest way to start a newsletter, but once you get big enough, other platforms start to make more sense.)


Poll

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Nasdaq Aiming to Debut Crypto Custody Service by Q2 End: Bloomberg

Nasdaq still plans to launch its crypto custody service.

Read the Article

While US regulators zap crypto-native businesses like Coinbase and Kraken, they let Wall Street entities like Nasdaq, Fidelity, Blackrock, BNY Mellon, and others move ahead.

It’s almost like US regulators are clearing the path for Wall Street’s regulatory capture under the guise of “keeping us safe.”

If that sounds familiar, you might remember reading my thoughts in Bitcoin or Bust: Wall Street’s Entry Into Cryptocurrency.

(Premium subscribers get the book for free.)

Wall Street has a deep connection to the US government. It’s a familiar face, you might say—one that should have no problems meeting custody, AML, and registration requirements.

Let’s hope Nasdaq can do crypto better than the London Metals Exchange does nickel!

Although, the conspiracy theorist side of me can’t help but wonder if this has something to do with USDT . . .


On that note, did you read Nic Carter’s latest on the “sophisticated, widespread crackdown against the crypto industry?”

If not, here’s your chance:

Pirate Wires
Did The Government Start A Global Financial Crisis In An Attempt To Destroy Crypto?
Six weeks ago, Pirate Wires published Nic Carter’s explosive Operation Chokepoint 2.0, laying out the case that the Biden Administration was quietly attempting to ban crypto. A month later, the US financial system was thrust into chaos after a series of historic bank failures, most notable among them Silicon Valley Bank. But the failures actually began …
Read more

As a government employee and former Congressional aide, I can assure you that the US government is not good at “sophisticated, widespread” anything, certainly not crackdowns. And you can see that in its haphazard approach to crypto in recent weeks.

But, sometimes “good enough” is good enough. You get a so-called “chilling effect” because banks get the message and decide that banking crypto companies isn’t worth the money.

When that happens, you can bumble and stumble all you want. You don’t need coordination and savvy. The message does your work for you.

It sucks that crypto businesses will need to move overseas or change their partners and service providers. Too many good people suffer!

If there’s any silver lining, this might give crypto more motivation to double down on building a new financial system where banks are no longer necessary. For more on that, read my article, Silvergate’s Loss is Crypto’s Gain.

Silvergate’s Loss is Crypto’s Gain


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Jobs Corner

These jobs come from the ToolsForCrypto newsletter. If you’d like to post a vacancy here (for free), email mark@markhelfman.com.

Relax and enjoy the ride!

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Crypto is Easy: Insights for Profitable Investors
Crypto is Easy: Insights for Profitable Investors
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