Happy Friday, Blockfolians
A few weeks ago, we discussed how the stock markets had officially been even more volatile than bitcoin. Well, the latest traditional asset to get that “more volatile than bitcoin” distinction is oil.
According to CryptoCompare, oil started being even more volatile than bitcoin in March and has continued right on in the same way. This week, oil went negative for the first time ever.
You have to think that in the topsy-turvey markets of today, crypto investors who have lived through our crazy ups and downs have some serious advantages.
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Highly Relevant Reading
Europe’s AMLD5 claims another bitcoin startup as Bittr closes
Securitize launches peer-to-peer security token trading
Dole Foods planning a major roll out of blockchain food tracing by 2025
BitMEX is launching new ETH/USD futures that will settle in bitcoin
BitMEX @BitMEXdotcomWe will be bringing another new product to our platform with the launch of an ETHUSD quanto futures contract on 05 May 2020. More details on our blog: https://t.co/1LgME2IfA6 https://t.co/elHFv5iyst
Perhaps a little outside of crypto, but an amazing look at the megatrend shifts that will shape the next generation of risk capital and venture investing
Raoul Pal has dropped a MASSIVE piece on the state of the economy. Must read.
A Really Big Number We Should Be Paying Attention To
That’s the growth in deposits from digital currency customers at Metropolitan Commercial Bank - one of the most crypto friendly banks in the country.
Doesn’t super make sense?