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November 19, 2023
This Is Not Your Father’s Economy

This Is Not Your Father’s Economy

Advertisement slogans are often catchy and hard to forget. However, only a few reach iconic status – including one that failed miserably when it first came out. After getting annihilated by the big three Japanese automakers (Honda, Nissan, and Toyota) in the 1980s, by 1988, General Motors (GM) real...

November 16, 2023
The Best Ways to Play a Bitcoin Spot ETF

The Best Ways to Play a Bitcoin Spot ETF

Fake ETFs seem to be all the rage in crypto these days.  Last month, we got a false news report that BlackRock’s spot Bitcoin (BTC) ETF got approved, which saw BTC spike 10% higher.  And now this week, another ETF with BlackRock’s name on it, this one for Ripple (XRP), turned out to be fake as wel...

November 13, 2023
The Uncomfortable Truth About Crypto

The Uncomfortable Truth About Crypto

Note From the Editor: This is Part 4 of an essay series that debuted earlier last month. Here are links to Part 1, Part 2, and Part 3. “Fundamentals have no value in crypto.”  Nothing makes my blood boil like when people say that. Mostly because it might actually be true.  Back when the altcoin m...

November 09, 2023
The Fed’s Regime Change Is Already Happening

The Fed’s Regime Change Is Already Happening

Welcome to the new version of Filtered.  For those of you who don’t know, Espresso isn’t the only place where our rotating crew of writers (including yours truly) share their insights. They also get the chance to dive even deeper on their favorite topics (and offer some trade ideas) on our podcast ...

November 07, 2023
SOL Is Having a Great Year, But Solana Is Still Struggling

SOL Is Having a Great Year, But Solana Is Still Struggling

Solana (SOL) has exploded upwards in the past few weeks, leaving many investors with a serious case of FOMO. Heck, even Arthur Hayes and Raoul Pal are getting a bag. If that does not mark a local top, I don’t know what will (judging from recent price action, it did mark a local top).  In any case, ...

November 02, 2023
Here’s How We Called Bitcoin’s Upswing This Month

Here’s How We Called Bitcoin’s Upswing This Month

Welcome to the new version of Filtered.  For those of you who don’t know, Espresso isn’t the only place where our rotating crew of writers (including yours truly) share their insights. They also get the chance to dive even deeper on their favorite topics (and offer some trade ideas) on our podcast ...

October 31, 2023
The Moment ETH Changed Forever

The Moment ETH Changed Forever

Note From the Editor: This is Part 3 of an essay series that debuted earlier this month. Here are links to Part 1 and Part 2. The average lifespan of a new business is 5 years. In crypto, that same figure is 15 months.  It’s a simple fact that screams how hard it is to inject a token into your bu...

October 22, 2023
Despite the Fed Pause, the Market’s Barometer Is Signaling Danger

Despite the Fed Pause, the Market’s Barometer Is Signaling Danger

With a heavy heart, let’s first start off by sending positive vibes and hoping that the kinetic wars that we are currently witnessing can end soon.  Regardless of political opinions and other reasons, innocent civilians, young and old, are suffering and dying.  Here’s to wishing that these conflic...

October 18, 2023
A Monetary History of the United States and Crypto, 2020-2023

A Monetary History of the United States and Crypto, 2020-2023

Note From the Editor: This is part 2 of an essay that debuted on Tuesday. We suggest you read part 1 here before reading today’s essay, if you haven’t already. On Tuesday, we started to lay out a framework for a new “Quality Theory of Tokens.” First, we had to explain how usage, not just supply, a...

October 16, 2023
A Monetary History of the United States and Crypto, 2020-2023

A Monetary History of the United States and Crypto, 2020-2023

Note From the Editor: Since 2019, we’ve used Espresso to bring you market updates, onchain data analysis, and market commentary.  This began as a desire for Benjamin and myself (Ben Lilly) to have a more constructive and nuanced conversation with other market analysts. We found the approach to be ...

October 08, 2023
The Two Sides Fighting Over Blockchain's Future

The Two Sides Fighting Over Blockchain's Future

The year is 1992 and Andrew Tanenbaum, a computer scientist, has declared that Linux is dead.   If you’re not familiar with Linux, it’s an operating system (OS) popular among more hardcore computer users.  The reason Tanenbaum pronounced Linux dead is because of the kernel it uses. A kernel is lik...

October 02, 2023
Bitcoin’s Last Hope for 2023

Bitcoin’s Last Hope for 2023

Down three runs, bottom of the 9th, with bases loaded and a full count. As the pitcher begins his windup, the batter’s eyes widen.  He’s studied the pitcher’s release and knows exactly what’s coming next.  The fat pitch he’s been waiting for, a juicy fastball straight down the middle that he can ...

September 28, 2023
How to Navigate a World of Higher Rates

How to Navigate a World of Higher Rates

In finance, it’s very easy to get caught up in the smaller details and miss the forest for the trees when it comes to diagnosing the health of the economy.  But I would argue the opposite is equally dangerous.  Last week, JPow and the Federal Reserve decided to leave rates unchanged at a target ra...

September 24, 2023
Japan Prepares to Toss the Curve

Japan Prepares to Toss the Curve

One of the most frustrating feelings is the feeling of being disenfranchised.   The sense of futility of one’s effort, and the inability to take control to change an outcome, can be infuriating and defeating.  Perhaps this is why so many people are feeling anxious about the future of the world in ...

September 21, 2023
What These Projects Can Learn From Ethereum

What These Projects Can Learn From Ethereum

Crypto’s taken some hard hits over the past year. But if you look beyond price and dig deeper into fundamentals, one project’s looking better than ever.  Twelve months after the Merge, Ethereum (ETH) is living up to its promise.  According to ultrasound.money, since Ethereum officially switched to...

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