Operating at the Intersection of Technology and the Capital Markets
Tag: crypto
The Federal Reserve will pursue some combination of modest interest rate hikes and potentially shrinking of its balance sheet / Quantitative Tightening in the coming weeks and months. The Fed's "Too Little, Too Late" monetary policy will do little to curb inflation. However, the Fed's modest tightening will likely continue to drive Equities lower - … Continue reading The Baby Will Get Thrown Out With The Bath Water
Twitter named its Chief Technology Officer - Parag Agrawal - Chief Executive Officer effective immediately. Twitter co-founder Jack Dorsey stepped down from his CEO post and will remain on Twitter's Board. This change was long overdue in our view as Mr. Dorsey had simultaneously been CEO of two public companies - Twitter (TWTR) and Square … Continue reading Twitter’s New CEO: Parag Agrawal
Ms. Brainard is a vocal advocate for a Fed-issued CBDC ("Central Bank Digital Currency"). China has rolled out its CBDC and the public is about to hear more about it during February's Beijing Winter Olympics. Thus, while the consensus is that President Biden will soon reappoint Jerome Powell to begin his next term as Federal … Continue reading Lael Brainard As The Next Fed Chair Is More Likely Than Pundits Believe
The Fed, Treasury and the SEC fired a shot at stablecoins. It feels to us that the three Federal agencies are clearing a path for the digital dollar. Stablecoins are crypto currencies that are pegged to a fiat currency and thus behave similarly to fiat currencies and therefore represent a potential threat to fiat currencies. … Continue reading The Fed & Treasury Are Clearing The Runway For The Digital Dollar
Tesla CEO Elon Musk (not a founder as he claims) admitted he does not enjoy being CEO today in the SolarCity trial. The Teflon will eventually wear off of pied piper Elon Musk. Mr. Musk was accused of fraud by the SEC in 2018 and was subsequently in violation of his SEC settlement. Mr. Musk … Continue reading Why Would Anyone Follow Elon Musk Into Battle?
Since last year we have held the view that the retail investor has piled into the riskiest assets whether they be cryptocurrencies or profitless, high-multiple Technology stocks. This retail phenomenon was powered in large part by Federal Pandemic Unemployment Compensation benefits (part of the CARES Act), which drew a new investor class into the market. … Continue reading What Will Happen to Crypto & Risk Assets When COVID Unemployment Benefits Expire?
A U.S. CBDC Means Less Privacy for Americans, More Competition for Banks, End of Days for Crypto. (Tickers mentioned: JPM, BAC, WFC) On Thursday Federal Reserve Chairman Jerome Powell made a statement about the Fed's progress in exploring a U.S. CBDC ("Central Bank Digital Currency", see the below video). Powell assured viewers that a U.S. … Continue reading A Digital Dollar Is Coming
Coinbase (tkr: COIN) prices today and company co-founder Brian Armstrong made the point that regulation and cybersecurity are two key threats to the crypto industry. We believe that the crypto industry will spearhead cybersecurity innovations that will eventually be adopted by many consumers and enterprises. Tickers mentioned: COIN, MSFT, ORCL, PYPL, SAP, SQ, TYL When … Continue reading Crypto To Drive Next-Gen Security
MicroStrategy (tkr: MSTR), founder and CEO Michael Saylor has consistently promoted Bitcoin for the past year plus. There is hardly a business network nor crypto-dedicated YouTube channel that hasn't had Mr. Saylor on to promote Bitcoin as MSTR has stockpiled more of the digital currency than any other public company. So what about MSTR's core … Continue reading Is Michael Saylor Running A Software Company Or A Bitcoin Fund?
More than a decade after the initial Tech media buzz digital wallets are enjoying adoption largely driven by stimulus check processing and more recently the cryptocurrency craze. The pace of innovation is accelerating as digital wallets incorporate equity trade execution, cryptocurrency transaction capabilities and more. Many will know of PayPal / Venmo, Square's Cash App, … Continue reading The Cryptocurrency Craze Is Driving Digital Wallet Innovation and Adoption
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