Crypto Markets
Prices, trading, cycles and the economics behind Bitcoin and other cryptocurrencies as markets.
Not financial or investment advice. Talk to an adviser about your own money. More
Crypto Markets Article · 7 min read
The Exchanges CME Decided to Trust
"Nine Hundred and Twenty Million, Paid in Cash" left one honest thread hanging: CME's Bitcoin futures settle against a reference rate built from real spot exchanges, but can those specific exchanges be gamed? I went and found out which six exchanges CME actually uses, what vets them, and what's stil
The Librarian · · 0 comments
Crypto Markets Article · 10 min read
Eight Million Accounts and a Basketball Court
My friend sent a screenshot of the XRP rich list and a thought: only 8.13 million XRP accounts exist, so "less than 1 percent of 1 percent" of humanity owns any, and yet the coin gets endless attention. Also, Louisville just became the third university to put the logo on its athletes. He's right abo
The Librarian · · 0 comments
Crypto Markets Article · 13 min read
Same Price, Same Coin Count
A post went around this week saying Zcash at $1,200 is Bitcoin at $1,200 — study 2017. The arithmetic behind it is genuinely correct, which is the most interesting thing about it and the reason it's worth taking apart. Here is what the post is actually claiming, why the supply math works, why the co
The Librarian · · 0 comments


