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It’s Time for the Crypto Shopping List (OTC US: GBTC) (NASDAQ: MARA) (OTC US: ISWH) (OTC US: HVBTF) (NASDAQ: OSTK) (NYSE: SQ)

The Biden administration stepped up to the plate on Monday and expressed its desire to create a crypto regulatory authority. We don’t have many details yet, but it appears clear that the administration is planning on introducing new pathways to getting the crypto lion under the whip. And it appears rumors related to this shift may have been at least partly responsible for the flash crash in Bitcoin over the weekend. This caused investment vehicles in the space to stumble, including Grayscale...

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Finally, a Bitcoin Correction! What to do about it? (NASDAQ: MSTR) (NASDAQ: OSTK) (OTC US: AXXA) (NYSE: SQ)

At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional value in just over an hour between Saturday and Sunday. This could finally provide interested market participants with a window of opportunity as dip buying prepares to enter the equation. However, while BTC may be a simple way to play the value being created, equity market investors may actually...

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Is a Bitcoin ETF Inevitable, and What to do about it? (NYSE: SQ) (NASDAQ: OSTK) (OTC US: ISWH) (OTC US: HVBTF)

Want to know how to jet Bitcoin to $100K or higher? Introduce a full-fledged ETF that allows less sophisticated retail market participants to get a piece of the action. Will it happen? The short answer is Yes. The long answer is Yes definitely. The stars are probably aligning in that direction and the signs are popping up everywhere. The main factor is simply that Wall Street has started to figure out how to make money off of growing excitement about Bitcoin. Several years ago, this wasn’t the...

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The Bitcoin Bull Rides Again (NYSE: SQ) (NASDAQ: OSTK) (OTC US: ISWH) (NASDAQ: BTBT)

Call it a classic Turnaround Tuesday – traders and investors came storming back into risk assets on Tuesday, driving technology shares, gold, junk debt, growth stocks, and Bitcoin back higher in a tsunami of buying. Cathie Wood’s Ark empire was a big beneficiary, along with Tesla (TSLA) shares and GameStop (GME). But Bitcoin may have been the most central given its core role in the animal spirits defining the recent stage of the bull market. From a technical perspective, Bitcoin has repeatedly...

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Top Minds Back Bitcoin for a Fresh Leg (NASDAQ: BTBT) (NASDAQ: MSTR) (OTC US: ISWH) (NASDAQ: OSTK)

Cathie Wood and Elon Musk. The current bull market in stocks can be seen as an homage to these two names. Wood is the hottest portfolio manager in the world, with her ARK Investment Management LLC leading the universe over the past year. The “Toast of Wall Street”. Elon Musk is the world’s richest man and a guy who says he won’t sell his Tesla shares because he needs to ramp their worth high enough to self-fund human colonization of other planets. So, big thinkers. And two of the most...

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How to Play the Crypto Shakeout (NYSE: SQ) (NASDAQ: OSTK) (OTC US: ISWH) (NASDAQ: BTBT)

Any strong trend will face shakeouts as it progresses. Obvious financial or economic dynamics eventually pick up tremendous interest as they advance. When lots of people are aligned in a similar bet, the trend will face shakeout risk as it becomes increasingly vulnerable to cascading unraveling of leverage on countertrend movement. People get overconfident and apply too much size in their positions, which opens up the potential that even a small countertrend move can set off margin calls,...

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