This blog is devoted to the latest developments in the crypto space which appear to promise to unlock unrecognized value for crypto investors and traders.
19 Feb 2025 3 minute read 1 comment Sebastian Purcell, PhD
The world now knows many of the details that connect the $Libra coin, President Milei's meme coin, with alleged serial rug puller Hayden Davis. Davis apparently also launched the disastrous $Melania token. He is connected to Meteora Cofounder Ben Cho...
17 Feb 2025 3 minute read 4 comments Sebastian Purcell, PhD
Solana ($SOL) is down some 27% from recent highs on news that FTX holdings will be remunerated to investors. The fear is that much of the repurchasing happened via institutional investors and that these investors will want to sell now to recover thei...
13 Feb 2025 3 minute read 1 comment Sebastian Purcell, PhD
Virtually forgotten as "last cycle's chain," $BNB is oddly positioned for growth. Today's analysis comes with an extra heavy dose of "do your own research" (DYOR) and a reminder that this is not financial advice (NFA). The macroeconomic backdrop for...
12 Feb 2025 3 minute read 1 comment Sebastian Purcell, PhD
Sentiment remains in the toilet, especially among retail investors. But the macroeconomy is in good shape, actually. Trump couldn't possibly have dented the macroeconomy yet, but he did remove the overhang of regulatory risk. Is there any surprise th...
11 Feb 2025 2 minute read 1 comment Sebastian Purcell, PhD
If you were around last cycle, then you know that Binance ($BNB) was the meme coin casino back then, not $SOL. They somehow managed to fumble that this season with the meme coin mania. Even $ETH became more recognized for meme coins. But that appears...
10 Feb 2025 4 minute read 0 comments Sebastian Purcell, PhD
Sometimes, investor sentiment is right, and it beats out the best of analysts. At other times, it's reacting to news items that will have no impact on the market or a muted and delayed impact. The flurry of coverage Trump has inspired, especially sur...
6 Feb 2025 3 minute read 0 comments Sebastian Purcell, PhD
Following whales only sometimes pays off, but Trump might be different. He is unusually candid in stating his intentions to enrich his personal position, and he has the means to facilitate that goal. This feature of his personality has led to a surge...
5 Feb 2025 2 minute read 2 comments Sebastian Purcell, PhD
It appears that the market has adjusted to Trump's style, where "crazy" headlines mark a typical day. Chinese tariffs are likely real to some degree. Mexico and Canada too (eventually). But much is bluster. The US Sovereign Wealth Fund is likely to b...
4 Feb 2025 3 minute read 1 comment Sebastian Purcell, PhD
We just had the most severe liquidity events in the crypto market since FTX imploded. $ETH imploded some 25% in 2 hours. Most alt lost in the range of 30% to 50%. Then Trump relented, and the market rebounded. But now we have a new trade war st...
3 Feb 2025 3 minute read 0 comments Sebastian Purcell, PhD
As it reads in the Gospel of Matthew: "For to the one who has, more shall be given ... and the one who has not, what remains shall be taken away" (25:29). In less Biblical language, coins with strength continue to show strength and weak coins become...
