This post is for general intuition on the meaning of spreads. The spread is the distance between the lowest ask and the highest bid on a specific asset in an exchange order book. The smaller the spread the more the price is meaningful. Why? “Imagine it is 1995 and you…

Just dropping a line to say we’re excited to meet everyone in Barcelona next week! — We’ve been very busy in the last few months and are cooking up some great blog content for you, coming soon... Meanwhile we just wanted to drop a line to make sure you know our team will be in Barcelona next week! Please feel free to reach out if you’re attending. (Sales@efrontier.io, or on Twitter.)

On the fallout of the $10+ billion black hole in one of crypto’s most loved exchanges and why we think this awful event will not impact the long run success of cryptocurrency tech — It’s quickly becoming cliche to say this has been the worst week ever for the cryptocurrency space. Besides the financial harm done to hundreds of thousands of exchange customers and hundreds of companies and trading desks, there is the emotional shock. These events clearly will take time to sink in.

Welcome back to Efficient Frontier’s biweekly newsletter! — Published March 25th on Substack In the last two weeks Bitcoin’s market was quieter than usual, caught in the range between $37,300 to $43,333 before breaking out yesterday to $4,400, now at $44,137.

Will Bitcoin replace Switzerland? — Published March 10th on Substack Welcome back to Efficient Frontier’s biweekly newsletter! Bitcoin and cryptocurrency experienced some paradigm changing events in the last two weeks: 1 ) Switzerland ends 500 year of neutrality Last week Switzerland broke its 500 years of neutrality when it agreed to join the EU’s sanctions on Russia, banning 363 Russian individuals and 4…

Welcome back to Efficient Frontier’s biweekly email, sharing our insights into the world’s most volatile markets. We hope you enjoy our executive summary of the effect of recent events from a crypto perspective. Scroll down for our “Four months of bear” review. — Published February 25th on Substack Market wrap: Ukrainians are buying Tether Ukraine’s central bank officially halted their foreign currency markets yesterday due to the state of emergency and limited cash withdrawals to 100,000 UAH or roughly 1.4 ETH to prevent bank runs.

Welcome back to Efficient Frontier’s biweekly newsletter! We hope you enjoy our update on the Federal Reserve’s “Stablecoin mania” and our birds-eye Bitcoin market wrap — Published February 12th on Substack Stabelcoin mania at the Federal Reserve Why is this story important despite not being as big as NFTs or as cutting edge as DeFi? 1. CBDCs and other digital fiat will have an essential role in how the cryptocurrency universe will tie into the fiat world

Published Jan 28 on Substack Not that we want to divert attention from the last 11 weeks of falling cryptocurrency prices, but looking at some tech stocks is bound to give us some philosophical perspective. Below: Which one is the Altcoin and which is the tech stock?

Welcome back to Efficient Frontier’s biweekly newsletter! After a quick market overview we’ll talk about what the future of finance is going to look like. — Published December 2nd on Substack The last two weeks included two highly volatile days for the Bitcoin markets. On Saturday November 27th Bitcoin dropped from around $59,000 by almost $6,000 to a low of $53,600, though the drop triggered only $0.3B in futures liquidations.