narrative

Paribus: A Regulatory Squeeze.

A Regulatory Squeeze A common narrative you hear in crypto is that regulatory clarity will cause institutional investors to flood into the space. It’s often cited as the trigger for the next bull run. However, each time news of regulations hits the headlines markets plummet, and last week’s settlement between the SEC and Kraken was no exception. While it’s true that forward-thinking regulations will help to remove a lot of uncertainty from the space, it’s doubtful it will cause the next bull run. As we’ve seen from the present market

Paribus : Conflicting Narratives

If the past year has taught us anything it’s that no one has a crystal ball when it comes to predicting future moves in the crypto market. Macroeconomic factors and black swan events have time and again overpowered technical analysis. This week China will celebrate the Lunar New Year and move from the year of the Tiger into the year of the Rabbit. Already there are several confusing and sometimes conflicting narratives as to what the coming year will bring. Many commentators are expecting 2023 to be beset by continued

The Question of Liquidity

While many people consider valuation to be the most challenging aspect of NFT lending, the real issue is liquidity. When taking an NFT as collateral for a loan it would be a recipe for disaster to think it can be sold easily at all points in the market cycle. During 2021 NFTs experienced a huge uptake in their popularity. Some said this surge in demand was the cause of increased gas fees on the Ethereum network. However, in between the two peaks of this surge, there was a terrifying liquidity

Regulators at the Ready

Just as bull markets have narratives, so do bear markets, and the overriding narrative of this year has been regulation. Time and again the media has conflated a lack of regulation in crypto with the failures we’ve seen. It’s easy for people to conclude that as soon as regulation comes to crypto, investors will have confidence and flood back into the market. If that was true you would expect to see the stock market flooded with liquidity, but tech stocks are experiencing similar conditions to crypto. Not only is there

Passport of the Future

A few years ago if you were to talk about governments being able to control your money and impose travel restrictions on their citizens most people would roll their eyes and ask where your tin foil hat was. These days however the dystopian future dreamt of by science fiction authors is rapidly becoming a reality. When it comes to dystopian visions of society and governmental overreach, most people’s first thoughts turn to China. Although they may be ahead of the curve at the moment, their path to a digital future

Drawing Parallels

For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. Five years

Bonds, Bitcoin Bonds

Just over a year ago El Salvador made history by becoming the first, and only country in the world to make Bitcoin legal tender. Much to the anger of the international community of central bankers, they pushed ahead with their plans, doubling down by planning a $1 billion bond release to build Bitcoin City. According to the mainstream media, El Salvador’s experiment with cryptocurrency has been an unmitigated disaster. The country is on the verge of bankruptcy, there hasn’t been widespread adoption of crypto, and the president is a ruthless