The Sunday Crypto Recap – Down the Rabbit Hole 47

The sky isn’t falling but it sure is getting dark around here. The Fed’s intervention into overnight bank lending rates keeps expanding with further fund injections of at least $90 billion scheduled for next week (and beyond) on top of last week’s $278 billion. Apparently everything is fine, so there’s that.

Crypto remains as engaging, distracting, and as divisive as ever. The Alts rallied to more or less universal surprise but they remain far from ‘recovery mode’. Recent rate cuts by the ECB and the Fed could be considered positive for crypto. The BTC chart looks taut…Bakkt long lauded now has many pundits about a pending Bitcoin dump. Well, at least we live in interesting times.

Picks of the Week

This article exploring decentralized identity and individual reputation systems is a highlight. Also highly recommend getting up to speed on the Fed’s recent market interventions.


The real pushback against BTC (crypto) hasn’t even begun:

A light-hearted ‘How to BTC’:

A BTC maximalist asks – when to sell?:

Bullish metrics for ETH

DAI is trading at a significant premium in Argentine – here’s why (recommended):

On the current state of play for ETF proposals:

Deciphering Ripple’s recent court filing (re: XRP as a security):

The banks have a plan (highly recommended):

Fed intervention in the repo market just became ‘normal’:

On investing (non-crypto specific):


Exploring the relationship between decentralized identity and reputation systems (highly recommended):

Mixicles – yet another new term worth being aware of (relating to smart contract-oracle-privacy):

Impress your (nerdy-dateless) friends by succinctly explaining a ‘Merkle Tree’:

A wallet that addresses Bitcoin privacy and why it’s hard to get anyone to use it:

This should put you at ease (move along, nothing to see here):

That’s a lot of cash on the sidelines:

Investment guidance by someone who has well earned the right to offer it (recommended):


Cryptocurrencies and the state are naturally in opposition to each other:


Fear and greed or just greed? (highly recommended if you trade):

Examining the relationship between global debt and asset bubbles:

Crypto insurance (for custodial services) sounds great but as usual, the devil is in the details (just an introduction to the topic):

Explaining government bonds and negative yields (recommended):


Trading volumes have dropped off in recent months (slightly dated but suppressed volume remains):

Ethereum’s De-Fi network is building out impressively:

As has the Binance Chain ecosystem:

Website / Utility

Bitcoin halving countdown utility:

Interesting times indeed! See you down the crypto rabbit hole once again next week.

Note on Sources:

Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.

Chelsea vs Liverpool

Chelsea will be playing Liverpool tomorrow and this match will be a tough match and I wouldnt know the kind of team to go it back if am to give prediction for this match. Liverpool will be a right choice but they can fool at any time and conceed goals like what they did in the champions league match they played recently. Chelsea is also another team who conceed goals. But this can end as a draw in the first half then in the second half you will predict that any team can win the match so that you will be in much trouble because both teams can score but the match can end full time draw.

Most Red Card Has Appeared In Germany League Today

Hello everyone today is another day for sports. A lot of matches has went on this afternoon and Germany has topped the highest shown of red cards in the matches Today. Lepzig had a red card but managed to win the game by 3 goals to 0 also there was a red card show in Bayern Munich match and Bayern won the match also there was another red card shown in Bayer Leverkusen and that one too Bayer won the match. Today was a red day for their league.

Manchester City Has Done It Again

Manchester City is on fire now. The lost they had last time against Norwich has put them on heat so any team that they meet will conceed more goals if they dont do their home work well. Today Bernado Silva played Hat trick today. It was so nice to see how the flow of the goals were coming in the first half. Within 25 minute Manchester City has already score 5 goals. At the end of the game they have score 8 goals against Watford. This is very serious and the coach of Manchester City was not happy about the chances they spoiled in the first half he wanted to score more goals. Lol Manchester City is on fire.

Everton Lossing to Sheffield United

Today is Epl day. The newly Graduated team Sheffield United disciplined Everton today by scoring them 2 goals. In the first Half Sheffield United scored the first goal taking the lead in the first half. I taught could be a magic to be performed after the peep talk during the half time break but nothing change and they conceded another goal in the second half making Sheffield United take home the 3 points. It is so sad to see Everton dropping from the Epl Table. But surely they might rise again.