April 3, 2023 – Cryptocurrency-related firms WonderFi Technologies (WONDF), Coinsquare and CoinSmart Financial (CONMF) all have merged their respective businesses to provide Canadian users various crypto-focused solutions, the companies said Monday. Continue reading
The Daily Hodl – Alex Richardson, April 3, 2023
A new report, linked here, titled “Money, Tokens, and Games: Blockchain’s Next Billion Users and Trillions in Value,” Citi analysts say Citi predicts growth of digital assets will expand 80X by 2030.
“we believe we are approaching an inflection point, where the promised potential of blockchain will be realized and be measured in billions of users and trillions of dollars in value. Successful adoption will be when blockchain has a billion-plus users who do not even realize they are using the technology. This is likely to be driven by the adoption of central bank digital currencies (CBDCs) by large central banks as well as tokenized assets in gaming and blockchain-based payments on social Continue reading
Grayscale Ethereum Trust (ETHE) $8.
One-year Chart.
ETHE has a number of recent closes above its 150-day moving average (MA). The 50-day moving average is still below the 150-day MA. We suggest we’ll see the 50-day do a Golden Cross above the 150-day MA in the coming weeks. Continue reading
JPMorgan upgrades Vermilion Energy on valuation
Vermilion Energy (VET) – JPMorgan upgraded the stock on valuation.
The agency upgraded the rating on the oil and gas exploration and production company to Overweight from Neutral. Morgans price Continue reading
Headline News:
Takeaways from America’s second-largest bank failure – CNN Saturday March 11, 2023
While relatively unknown outside of Silicon Valley, SVB was among the top 20 American commercial banks, with $209 billion in total assets at the end of last year, according to the FDIC.
Silicon Valley Bank on Friday became the biggest American bank to fail since the collapse of Washington Mutual in 2008, at the height of the global financial crisis. The implosion of Washington Mutual, as well as the investment banks Lehman Brothers and Bear Stearns, was followed by a systemwide failure. From 2008 to 2015, more than 500 federally insured banks failed. Continue reading
Energy Is life and your living standard depends on how much you waste. This is LOTM’s investment theme for the next three to eight years.
How much right do world government have to decide who uses how much energy? This is a question we need to address from our general population perspective.
We have a management group who consumes a very high degree of energy in private jets, large (I mean large) homes and consume other forms of energy we can only dream of using. This group is telling us there are too many people on the planet, single family homes are a privilege of the past and we cannot sustain the world growth rate we have today, and we must reduce consumption and choose where this energy for consumption comes from. The group is the World Economic Forum (WEF). Left Continue reading
