Matt Levine used to joke that crypto was speedrunning all of financial history. Often, that speed run saw crypto see some type of regulation or standard in the financial market, happily ignore the regulation or even mock it as outdated / stupid…. and then implode spectacularly a few months later when something the regulation / standard would have prevented them from doing went south.
You called it. Plus crypto’s full of stories of attempted price floors getting attacked when people can see cascading liquidations under the floor. Fingers crossed the next vol event gives us a “steady lads” moment or two.
In spite of being a retired dividend investor, I have very small positions in BMNR,ETHA and ETHM in the hopes that Ether will really be the base of tokenization. I also own and carefully watch YETH.
You called it. Plus crypto’s full of stories of attempted price floors getting attacked when people can see cascading liquidations under the floor. Fingers crossed the next vol event gives us a “steady lads” moment or two.
In spite of being a retired dividend investor, I have very small positions in BMNR,ETHA and ETHM in the hopes that Ether will really be the base of tokenization. I also own and carefully watch YETH.
Have you looked at FGNX?