Oil Is More Volatile Than Bitcoin

Plus a massive new piece on where the economy is headed

Happy Friday, Blockfolians

The Lede

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.

Via CryptoCompare

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


Community Commentary

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

24%

That’s the growth in deposits from digital currency customers at Metropolitan Commercial Bank - one of the most crypto friendly banks in the country.


Final Thought

Doesn’t super make sense?