XRP: The Secret Sauce for Every Investor’s Portfolio (And Other Crypto Musings)

Rayhaneh Sharif-Askary, Grayscale’s intrepid product and research leader, informs us that the market is now in a “new phase”-a phrase that seems to imply the previous one was a mere prelude to a play within a play. Investors no longer ask, “What is crypto?” (a question as quaint as asking what a wheel is). Instead, they demand to know how to distribute their funds across this alphabet soup of acronyms. This intellectual leap has compelled Grayscale to refine its analytical tools, though one suspects the real challenge lies in convincing investors that anything other than Bitcoin is worth their time.

Bitcoin’s Great Plunge: PPI, Powell, and Panic!

Per the almanac of crypto.news, Bitcoin (BTC) dropped from its Wednesday high of $74,700 to a low of $70,660 on Thursday, March 19-like a lead balloon with a death wish. It now hovers at $70,879, down 27% from its year-to-date high of $97,538. A figure so lofty, it might as well be the moon.