I haven't written much on actual crypto lately as you can get plenty of that on here without me, but, I do like to point out things I see every once in awhile. I especially like to bring to light rich people telling you things to make sure they keep getting richer.  This article on a website called the Daily Hodl is a perfect example, linked at the bottom.

Here we have "the chief executive of the financial giant VanEck remaining bullish on Bitcoin and says its recent correction into the $50,000 range is not surprising." I bring what he is saying up because it seems unnecessary to anyone that follows BTC even a little bit. A twenty percent correction in the crypto world is nothing, it is a blip in the chart.  Maybe a fifty percent might be something to start to do interviews about, seventy-five percent is something, a ninety percent drop is a wake up call, but, twenty...why"

The answer is simple, the CEO (his name is Jan Van Eck) is worried about institutional and whale investors buying ETFs, not us. Because of this, he has to come out and make sure these guys know everything is OK.  To be honest, I am surprised with  what happened in Germany and with Mt. Gox, we only saw a twenty percent drop.  Could have been much worse with the volatility of crypto.

This brings up a bigger concern and some questions: Why didn't it drop more? Have the big hedge funds and investment firms gotten so deep into crypto that they are able to stabilize the market? Are they in control now? Has the decentralized been centralized? OK, I'll calm down now.

I will leave you with a comment from mightyminnnow88 on Reddit about the article:

tldr: Buy our bitcoin, sale prices limited to stock on hand.