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 MUST READS 

CEO of CoinBase Breaks it Down


Brian Armstrong, the CEO of Coinbase, explained what developments he believes will drive the growth of cryptocurrency’s’ user base...

In conclusion: He thinks it's still very much up in the air which blockchain will help get crypto from ~50M users to 5B. But the chain that manages to ship scalability, privacy, decentralized identity, and developer tool solutions will have a big leg up.
 

A Bitcoin Halving Black Swan


The upcoming Bitcoin halving may spell trouble for miners and hashrate amidst today's coronavirus induced drawdown.

Ryan Watkins from Messari takes a look at the implications of the halving if prices continue to fall in the short-term.

Our favorite snippets:
  • Only the most profitable and well-capitalized miners will survive. Miners that are over-leveraged or not competitive will bear the greatest cost over the next couple of months.
     
  • Litecoin (LTC) experienced a very similar scenario last year. The consequences for miners were severe.
     
  • Bitcoin miners may be able to mitigate the effects of such a scenario through proactive use of Bitcoin derivatives (like from our sponsor LedgerX below).

Bottom line: A hashrate crash would kill yet another bullish Bitcoin narrative. Miners should prepare for the worst and everyone's halving expectations should be tempered if prices continue to take a beating.
 

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The Easiest Way to Leverage Bitcoin’s Volatility


We all know that bitcoin can be volatile...

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Generate immediate cash by selling calls against your bitcoin holdings
Hedge against bitcoin’s historically substantial price risk
View your balances available for trading on a military-grade custody wallet

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Customers will have access to our full bitcoin option chains and a live order
book that is available 24/7/365. We’re also proud to offer our Mini contract
offerings, which trade in increments of 0.01 bitcoin.

To learn more, click here today.

 

 DEEP DIVE 

🌙 RIP Moon Times


Ryan Selkis continues to provide awesome content beyond just crypto. Although he does make 4 bold 2020 crypto predictions, this analysis covers everything from remote work... to hospital bed counts... to VC funding. It's a solid template for clear thinking in the midst of all this chaos.
 

Stop Treating Bitcoin as Risky. It’s a Safer Asset Than Most


It's time we take a look at something positive... Besides, there's some of us that are still stacking sats despite recent short-term price scares.

Here's a solid case by Jill Carlson explaining that Bitcoin, at its core, is a safer asset than most. Marty Bent, mirrors that exact narrative in this essay but focuses on the traditional financial system vs the decentralized system emerging from the Bitcoin protocol.

"No matter how much FUD is thrown at Bitcoin. No matter how much propaganda is pushed on individuals by the incumbent system. These fundamentals exist. Bitcoin seems to be strengthening over time while the incumbent system seems to becoming more and more fragile and Orwellian.

My long-term bet is on the system exhibiting deep safety.
"
 

Derivative Dominance


Token Data shared some interesting stats about derivative exchanges. Ricky Tan, founder of Token Data, also shares some stats and insight concerning the blockchain M&A market.
 

Altcoin Season Might Come Soon


Binance Research, the market research and analysis arm of Binance, released a February 2020 edition of its Global Markets report series.

It focuses on the potential return of altcoin season based on recent trading trends shown on Binance, and in particular the surge in trading volumes for Ethereum last month.
 

 SPONSORED 

Stocks Crashing – Buy Crypto?


In roughly 70 days, a 100% guaranteed event will strike the crypto market. The last time it happened (in 2016), a handful of tiny cryptos could’ve turned $500 in each into over $5 million. Teeka Tiwari says he’s found the next 5 Coins to $5 Million. On Wednesday, March 18, at 8:00 pm ET, he’s revealing details on their names. 

You can attend for FREE – If you click here and RSVP today.

 

 REGULATORY FRONT 

🇰🇷 South Korea Welcomes Crypto


The South Korean National Assembly passed new legislation last week that will provide a framework for the regulation and legalization of cryptocurrencies and crypto exchanges.

While this is slightly boring news, the new framework actually advances the status of crypto in a huge way. It likely means that crypto businesses in South Korea will have a much easier time getting banking and other services... it also opens the gates to new participants from the traditional finance space.

 

🏛️ Congressman Introduces "Cryptocurrency Act of 2020"


Congressman Paul Gosar introduced the "Cryptocurrency Act of 2020" to determine which US regulator is responsible for which digital asset.

The proposal divides our ever so loved crypto assets into 3 main categories:
  1. Crypto-Commodities
  2. Crypto-Currencies
  3. Crypto-Securities
😆 Surprise! The overarching goal of this bill is to bring “regulatory clarity to cryptocurrencies." Here's a solid breakdown for anyone interested in the specifics.
 

 TWEET OF THE WEEK 

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