David Canellis
David Canellis
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Crashing Prices Expose Bitcoin Mining Industry’s Addiction to Leverage - Blockworks

Crashing Prices Expose Bitcoin Mining Industry’s Addiction to Leverage - Blockworks

DAS: NYC Has Begun –SectionsCategorieswebinarsAs the volume of Web3 activity continues to surge, it has become increasingly important to collect the right data to monitor consumer behavior and prevent fraud. This webinar will discuss how blockchain intelligence tools can be utilized to improve consumer confidence […]Trapped between plummeting bitcoin prices, climbing electricity rates and high-interest debt, many bitcoin miners are finding themselves underwaterBitcoin mining farm | Source: ShutterstockUnderstand the markets in just 5 minutesJune 17, 2022, 5:35 pm EDTSwaths of bitcoin miners...

June 17, 2022
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China’s about to overtake the US as the world’s best performing tech industry

China’s about to overtake the US as the world’s best performing tech industry

This article was published on June 23, 2020China’s tech sector is close to surpassing the US to become the world’s best-performing technology industry in 2020.Indeed, China’s tech sector is catching up. Until now, the US comfortably led the world in recovering from (and thriving in) the coronavirus pandemic.US tech, represented by QQQ on the chart above (more on that later), was up 14% for the year as of Monday’s market close. China’s equivalent fund, CQQQ, had returned 13% in 2020  just one percent difference.As for the rest of the world: Europe’s tech sector has faired relatively...

June 23, 2020
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The ‘Bitcoin time-traveler’ Reddit post has been edited, but nobody knows who did it

The ‘Bitcoin time-traveler’ Reddit post has been edited, but nobody knows who did it

This article was published on November 4, 2019A mystery is playing out on the Bitcoin : the infamous ‘Bitcoin time traveller’ post has been , and nobody knows who did it.In 2013,  appeared to present a bleak outlook of the year 2025, where rampant inequality and parabolic Bitcoin value has pushed the world to the brink of collapse.is absolutely ridiculous, but surprisingly, it appears someone has recently doctored it to read as if OP themselves returned to edit the post, despite their account being deleted years ago.Strangely, it’s now prefaced with: “Well gee, this blew up, Bitcoin...

November 5, 2019
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This $350M ‘quant fund’ played the stock market using real-time data — then 2020 happened

This $350M ‘quant fund’ played the stock market using real-time data — then 2020 happened

This article was published on June 3, 2020Coatue’s $350 million data-driven ‘quant fund’ made a swift exit from the market in early April  having realised the coronavirus pandemic had rendered its algorithm unreliable, .The tech-focused fund, launched by billionaire Philippe Laffont just over one year ago, joins a growing list of “quant funds” to have failed to turn a profit due to 2020’s unpredictable nature.Quant funds use complex algorithms to find hidden trade signals in a hyperconnected web of data. While Coatue’s quant fund mixes old-school stock picking with quantitative...

June 3, 2020
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