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July 31st


Ending this month, Bitcoin has moved up into the $40,000 USD level. See if BTC can maintain that and perhaps move up some in August. 


Regulations continue to be drafted and being readied to further blanket the crypto market even more as this year goes on.


In one way, it'll probably make the institutional investing crowd more comfortable when investing while others would prefer it to stay the way it was .. like the wild west and unregulated. It will eventually come down to thinking about where, what tokens/stablecoins to get involved with and how much to deposit/ withdraw with regards to transaction levels that trigger personal data being sent to the Fed's.


They use it to determine taxes and if crypto address are linked to criminal/terrorist individuals or organizations.


Otherwise, the law abiding have nothing to worry about except... dang, not more taxes!


Meanwhile, news from the Kraken ... nope, not the new NHL team, the Seattle Kraken ... hitting the ice next season.


Kraken, where I like to 'Stake', updated about stats and kind of floored about how much was involved there. These are yearly interest rates that can change depending on the plan but added once or twice a week (instead of monthly like a bank) which is better for compounding. Remembering, tokens fluctuate in price but going long term .. tends to work out nicely.


We are thrilled to announce that, year-to-date, Kraken has paid out more than $100 million in rewards to our clients via our first-in-class staking service. 

Recognized as the global leader in secure, on-chain staking, Kraken has seen the total number of assets staked on our platform rise from $1 billion to more than $5 billion in 2021.


Why are clients choosing to stake with Kraken?

Instant Stake: Start earning rewards right away
Instant Unstake: Unstake on Kraken in a matter of seconds
Weekly Rewards: Receive rewards once or twice a week 
Fixed Rewards: Earn consistent reward rates, no fluctuations
High Security: Benefit from Kraken’s strong security focus


Kraken currently offers the following yearly rewards:

Kava (KAVA) 20%
Polkadot (DOT) +12%
Kusama (KSM) +12%
Cosmos (ATOM) +7%
Solana (SOL) 6.5%
Tezos (XTZ) +5.5%
Ethereum (ETH 2) 5-7%*
Cardano (ADA) 4-6%
Flow (FLOW) 4.6%

*ETH 2 staking is subject to additional terms and conditions


July 28th


So far, the Atlantic Provinces of Canada continue to move through final phases of opening to all of Canada and the US eventually. The covid-19 cases remain low although there are the Delta Variant cases around. It's not spreading like wildfire here like in other parts of Canada and the world. Wearing Masks (for now) and keeping that 6ft distance where possible remains part of normal life here.


The Halifax airport will be moving to landing international flights next month and probably the real test with the virus as more folks get vaccinated.


Speculation ... is a part of the 'greed and fear' thing with investors to consider as they play in the stock and crypto world. Just a rumor that Amazon could be accepting Bitcoin sparked a Bitcoin rally. Word is they are hiring to explore that field and 'may' get more involved down the road. 


So far, good to see Bitcoin and Altcoins wake up from a daze that lasted for a few months... what they call Crypto Winter. Indecision is major factor, which is normal coming off past highs in price.


Stock indexes rebound much faster these days from speculation or real news that impact companies and sectors. For example ... Inflation stats that come out are real and freak out some investors into making changes.


July 24th


The daily news of where prices of stock and crypto are going should be taken with a grain of salt as predictions tend to be far from what actually happens now. It takes time to realize that new generations are involved and a lot more educated as they take up investing. It still takes experience and shifting with the trends as they quickly learn that I'm sure.


Reddit fueled Traders move billions of dollars these days and then there's the 'no fee' playground they play in ... Robinhood in the US, for example ... which is looking to go public on the stock exchange itself while being watched by the Feds. It's a new movement that throws a wrench into the traditional way things were done in the past so that's an example of how price predictions have a new angle thrown in.


Crypto is the same with price predictions and good to see a slight breakout in Ether yesterday, continuing into today with Bitcoin following this time. Usually it's the other way around. 


Regulations. The days of Bitcoin and all that swirls around it being like the Wild West with no rules or law only internal governance in areas ... is slowly coming to an end I figure. Besides the rest of the world, US States and Canada is looking at exchanges and 'security' like Tokens that have not applied or registered with powers to be like SEC's, etc. It's becoming a daily news thing where some outfit has been given notice to comply or can't operate here.


Probably a wise thing now to is to do a background check on where your tokens/coins being held relative to where you live if your into the crypto scene. 


A good example of that is Binance, the #1 exchange in the world by 'volume' ignoring requests to get registered with local authorities but it's now catching up to that outfit with 'illegal to operate' notices from everywhere these days. With no offices, the head honcho says he's working on that.


Amazingly, volume increased by 36% today with Binance and a 24 hour trading volume of over 20 billion. Folks still like a renegade bucking the system.


​However, Binance.US (ranked 9th) is working with the Feds in that country to be compliant.


July 20th


Next month, the Canada/US border opens to vaccinated US visitors while Air Canada is set to resume flights to US destinations along with Westjet and other seasonal carriers. 


Meanwhile, the covid variant... Delta is steady in the news and spreading around the world with some countries in lockdown. The fully vaccinated (2 shots) will hopefully keep this in check and if they do get the Delta, it will be milder compared to those not vaccinated. That's what health officials say but everybody is different with reactions to disease/virus and their cures.


Down ... is the word for today with stock indexes and crypto like Bitcoin ... for now. With the stocks there are always various reasons investors ponder over but the Delta Variant concern is at the top of the list starting this week.


Bitcoin and Altcoins ... kind of expected with the continued drop from yesterday. Now the wait to see where they are headed next. Hover around the current lows or climb in price eventually. No one knows but there's always a lot of opinions out there in the crypto news.


July 17th


As more people get vaccinated here in Canada, the tune has changed to adapting and living with the Covid-19 as restrictions ease. Hiring and businesses continue to ramp up with travel on a lot of folks mind. Here on the East Coast, the cruise ship tourist industry will be preparing for next year's visits that pump a lot of money into the local economy and government.


The stock market has been on a steady incline with some expected dips like the end of this week. Fossil fuels like Oil will continue to impact that Markets as OPEC related countries boost production, lowering the price of Oil per barrel, which spooks some investors into selling.


Speaking of 'selling' ... the coins in the crypto market are mostly down or trading sideways as investors wait for a possible price impact as a major US Bitcoin related fund unlocks for trading over the next few weeks with the first lot this Sunday, the 18th ..something like 16,000 BTC. Find out next week what happens then with the price of Bitcoin, which rolls downhill to most Altcoins ... if anything.



July 10th


There are several Stablecoins out there and I use a couple of them regular in Trading and holding funds that I take out of the volatile crypto coins.


A good example of that is the past run-up of Bitcoin to 60 grand. Thinking BTC will peak soon and wouldn't take much to for holders to be spooked into selling on mass, which happened ... moving BTC to a Stablecoin as BTC neared that peak would of been smart and reap a nice gain. Go back in when it stopped falling at 30 grand.


But that's like trying to time the Stock Market, which doesn't work out with too many factors involved to swing the stocks with some major issues suddenly wreaking havoc that's totally unexpected. The Covid pandemic comes to mind.


There's also that growing trend of playing it safe and just hold Stablecoins with Staking, or earning a yearly interest that's added daily.


DAI and USDT (Tether) I use frequently. USDT being the top with regards to market cap and under scrutiny these days. Probably stirred up by central banks where Tether could be cutting into their business while it continues to expand and grow.


A product of Coinbase and Circle (which is heading into the stock market soon like Coinbase) is the USDC (USD Coin which equals 1 US Dollar each) and is now making waves as well with over $25 billion dollars behind it and growing.


To be classified as a Stablecoin like USDC for example. Every coin must, or should be, backed by 1 USD dollar and it's a thing now for them to show audits proving this.


In summary, I use Stablecoins as sort of a safe haven when the crypto market in general begins to go off the rails for awhile and takes awhile to get back on track, picking up steam for another hopeful 'Bull' run.



July 5th


Earn ... an option that's caught on with folks involved with Crypto Exchangers and De-Fi sites. Also brings in more clients to exchangers looking to earn interest on their crypto assets added daily or multiple times a week depending on the plan layout. Interest added daily increases compounding compared to a Bank where it's added monthly.


I'm involved in a few, first starting with Kraken awhile back ... expanding their list of coins available to 'Earn' on or called 'Staking'. Nexo has the largest options of coins to choose from as well as Fiat like USD. Recently, Coinbase has ramped up their advertising of 'Earn' options I got into as well. I don't pay any fees adding coins to Staking or withdrawing them back to my 'on-site' Wallet. 


When comparing 'no' or low fee 'Earn' plans to De-Fi sites based on Ether smart contracts and looking at one example of $110 and deciding to withdraw that amount out to an exchanger Wallet; Recent Ether (Gas) fees for that has ranged from $30 to $40 just to pull out $110. Crazy. Ether says they are working on bringing down those fees but it will be awhile. 


Always wise to check out the fee structure when entering into De-Fi sites. Competitors to Ether are on the rise in the De-Fi market promoting lower fees but again... how high these are at any point and time is worth checking out. Some are set to 2 to 5% on the balance to be withdrawn probably having to buy/hold a balance of a site's specific token for the deduction of fees to withdraw another coin.


However, I prefer to stick to the no fee options I mentioned in the second paragraph. Not complicated and easy 'in and out' solutions. Like Coinbase ... just hold in the Wallet and turn on/off ... the option to earn/stake.


July 4th


Independence Day USA



July 3rd


Weather patterns are becoming more unpredictable. Global warming is happening and some countries are doing their best to cut down on emissions into the atmosphere while others say, it's all happened before.


British Columbia in the last week was unprepared for record high temperatures of near 50 C (around 120 F) and many have tragically died from the heat. Lightning strikes have started multiple wild fires and a town completely burned while most folks had little time to escape.


I thought June was unusually hot and muggy here in Nova Scotia with spurts of 3 and 4 days at a time staying at high temperatures and humidity levels. That's July stuff. See what this month brings.


Global warming? Look no further than than Canada's north and the Arctic ice melting more in the summers than previous centuries while Greenland is seeing more land exposed from the coast with glaciers melting. Foreign countries and energy/mining all have sights on the north as summers bring more open water to explore. Canada and Greenland have their work cut out to protect their territory and environment up there.


Turning to money and crypto. The Crypto world has a unique way of applying seasons to trends and patterns. With Bitcoin basically trading sideways for awhile now (indecision) while many Whales buy at the low watermark of 30 grand USD, they call this the Crypto Winter. Expected to last another 6 weeks while others saying it's into spring with an expected steady boost in price coming in September. 


Personally, I don't go much by predictions because Bitcoin moves more with social media and news which either brings on more fear or spending from week to week. But ... past history has been known to repeat although not always the same way.


July 1st

Canada Day



June 29th


Heading into July, Bitcoin's 'low' for a few weeks now has been the $30,000 USD level and it's been recovering from that ground level point with price increases like the last couple of days. Altcoins are seeing improvement as well while any negative scuttlebutt is kind of being ignored for now.


Ether is of building interest where in July there will be a switch up to the way they do things and 'should' be followed by a boost in price but a reminder that it still follows and influenced by the price of Bitcoin.


As I mentioned before, I like to trade a few 'established' coins I prefer while others jump on new coins that could make them a bundle or suffer a loss. That's nothing new and what I call leapfrogging where some folks are good at it. 


Keeping track of my coins like Tezos and Litecoin, for example, I used to check price/charts a lot. The only one I rely on now is CoinMarketCap where it's all there what I need.


However, I was thinking I would like to get notified of price changes and I eventually landed on CoinMarketAlert. They have a variety of Alerts available that I can select to be sent directly to my 'inbox' like the price of Tezos every 30 minutes or longer time ranges of an hour or more. A price 'target' I can set if I want to buy or sell is another feature of many.


Handy options that I'll keep where more than once checking my mail, I see the price of a coin is gone higher all of a sudden and quicker than I expected. Off to my Trade site(s) to get in on the action.


June 26th


Do you have one shot, the two shots? A vaccine record or vaccine passport? and when was your last rapid test? Could be a confusing time for some travelers if not prepared as provinces open up soon plus the Canada/US border in July maybe.


Flying? Be a good idea to get there early and check about rapid test availability. Looks like a 'same day' test requirement before boarding. I remember the line- ups in the airports. Probably be more waiting time in these.


Here in Canada, Ontario especially ... is making moves against crypto exchangers that do not comply with their requirements after Canada as a whole has been fairly quiet about any regulatory moves but that's ramping up slowly.   


Binance, the worlds largest exchanger decided not to comply with Ontario's request and I explained that on my Crypto Ventures page. Similar issue in the US but they hashed that out where wanting in on the bigger market south of the border.



June 24th


It's been a quiet week on my end with the Crypto front as Bitcoin dropped below 30 grand USD and recovered up to today, so far. Altcoins like Ether, Cardano and Litecoin saw new lows following Bitcoin's repeated drops this month. They are slow to recover after being battered once again. Tezos in comparison hasn't corrected that much and wouldn't take much for a rebound with that coin.


I'm waiting for more settling times with the crypto coins for some decent swapping for gains once again but currently there's too many twist and turns in that Market.


Meanwhile, some areas of the Stock Market has seen some new highs, opposite to the cryptos. Calming news out of the US Federal Reserve early in the week seemed to do the trick for now. 


Atlantic province travel opened yesterday and I'll soon be seeing some 'out of province' plates on the road. Hopefully a boost for a slumped tourist industry waiting to restart.


June 20th

Happy Father's Day


With schools soon finishing up for the summer and holidays, it's all about being fully vaccinated to enjoy 'no quarantine' travel outside of the Atlantic Bubble soon while the federal and provincial governments keep a close watch on the Covid situation across the land and around the world. Of most concern is keeping the stronger Delta variant out of India contained here.


Good to see restaurants open again after the recent lockdown for in-dining where Dads can get treated to a nice meal and enjoy the day.



June 19th


Inflation ... It's been the talk in the stock world for the last month with relatively nothing changed until this week, US Federal Reserve chairman, Jerome Powell said .. yes, it's heading up there and here comes the mind boggling part I find.


Fear and selling starts right away along with the possible interest rate rising a tad in a couple years time. All stuff any investor and shopper can plainly see when doing a grocery run in the local shops. Good sales at times keep things at par with the grocery bill but even that is on the low end of inflation compared to other basics like clothes, rent and the car (all higher).


Due to the Covid pandemic, transportation costs for delivering goods is sometimes higher and backed up at times. Country Tariff fees on shipments get factored in and now the latest. I don't recall this one but it has happened before.


The St. Lawrence River in Canada ... the main waterway highway for cargo is seeing low water levels. Ships have to carry less containers, etc. to navigate shallower waters and the owners of these ships then charge more for the delivery because they can't carry their regular load ... passed on to good's cost.


Eh? Good excuse as any I guess. Something like a hurricane 'may' threaten Gulf of Mexico oil platforms. Oh my ... our gas price up north here goes up almost immediately even though it's stock piled here.


Moving on to crypto and Bitcoin. With the stock indexes ending in the red on Friday from the inflation and interest rate news where a lot sell while they think about this for a bit and let it sink in over the weekend ... Bitcoin also dropped. Over the years it gets more and more attached to movements with the Stocks and Gold. But with Bitcoin lately, it doesn't take much to start a retreat in price.


June 17th


The Atlantic Provinces of Canada are looking to reboot their tourism industry with inter-province travel (no quarantine required) coming next week and I see Air Canada is coming back to service airports outside of the major hub cities in July. Hopefully we are done with 'waves' of the covid and it's variants but see what happens as travel ramps up here and across Canada.


Things looked upbeat for a day this past week when Bitcoin went above the 40 grand USD level once again but since then it's gone back to fluctuating below that level. Most Altcoins follow suit.


I see some countries across the Big Pond are banning crypto exchangers from holding 'pump and dump' coins spurred by social media sites where the majority lose money with these coins. Similar to Reddit's WalllStreetBets 'pumping' stocks they target. It's the new trend which continues to attract investors looking for a quick score.


June 11th


Regulations. More are coming down the pipe every week lately on the crypto world. Lot of articles out of the US recently on laws in draft/revision on how crypto is to be run in the country focusing on Bitcoin. The latest is with the trillion dollar De-Fi market where regulators say is most likely illegal where not on registered platforms. See what comes with that in the future, which will probably be about getting licensed to operate in the US.


Meanwhile, the state of Texas has allowed Banks to deal in crypto while the White House mulls over their view on it all, which is expected to come up in the current G7 summit where recent big news was about taxing Tech companies higher ... like Apple at a minimum of 15% operating outside of the US.


That's not supposed to happen! I'm sure some BTC'ers were thinking this and got spooked with sudden selling this past week when the FBI went into the blockchain system and seized crypto after tracking BTC ransom paid to hackers.


Will this evolving hi-tech approach by the FBI give more ammunition to outfits like the IRS to seize unpaid taxes down the road. A wait and see thing where the FBI seizure came out of the blue this week.


If your into Futures trading, which is risky at the best of times, the US SEC is also warning traders that crypto is highly volatile. Well, to get into Futures in the first place is a learning experience and knowing crypto moves more rapidly with higher fluctuations that most stocks on a given day, That's really nothing new. 


Meanwhile, Bitcoin .. the influencer on the majority of altcoins out there, continues to range from 32 to 40 grand these days since the latter part of May's 40% drop in price. Looking at most Altcoin charts... they have similar patterns to BTC ... up before the drop from 60 grand to new fluctuating 'lows and highs' trading ranges.


On my end, it continues to be mostly a holding pattern for now while I shift more concentration on dividend paying stocks for now. It was definitely more of a shift to crypto before the 60 grand drop when it was on a steady Bull run.


June 8th


The Montreal Canadiens continue to surprise me and their fans, sweeping the Winnipeg Jets in 4 straight games. They now move on to the finals before the Stanley Cup round, which will mean cross-border travel into the US that the Federal Government has allowed with conditions I imagine.


Despite positive news articles for Bitcoin, the negative posts continue to over shadow and cause a lot of selling at times, while those against the coin punctuate on the negative with their opinions causing fear. The yo-yo effect between greed and fear will have their place in the stock and crypto worlds.


Just another episode to wait and see where Bitcoin bottoms out and more buying takes over at the 'low' once again.


June 6th


It's early June but I can imagine a lot of folks in Atlantic Canada are looking forward to July 1st, or Canada Day when travel restrictions within the Atlantic Provinces are scheduled to be dropped. That all depends on keeping the covid cases down and getting more folks vaccinated. July 15th is a tentative date to open to the rest of Canada although still a big problem in hot zones within Quebec, Ontario and out west but things look more positive for travel and business than it has in a long time.


June 5th


Trends are always changing and now with social media such as Twitter and Reddit having more influence than ever before on the crypto world plus breaking new ground with a few stocks in the stock market world that's making headlines with pump and dump strategies. Sort of the individual person or retail investor they are called, grouped together to take on the mega rich companies on Wall Street in the US.


With Bitcoin still the main coin that influences most 'tokens' with price swings, your average crypto Trader into patterns can harness gradual gains while watching the price of Bitcoin until ... enter a dude like Elon Musk.


When he goes on Twitter and decides to split with Bitcoin after embracing it, folks that follow those tweets sell in mass for some reason. Even though he toys with followers about selling Tesla's BTC stash worth millions and then ... nope, I ain't right now. Even if he did, that would cause a short term drop and rebound when others would pick up that sold Bitcoin, like BTC has always done since it started. All kind of nuts to me but that's the hold social media has on investing these days. 


The flip side is knowing BTC will drop after these manipulating Tweets to buy more BTC low and wait for the eventual rebound.


Then there are always folks looking to make money as 'middle people' with sites that are smartly placed between a person deciding on what coin to buy and following through with a purchase. Machine learning?


Too busy and too many chat sites to monitor ... Enter AI, or Artificial Intelligence with a new added handle these days called ... machine learning. With a subscription cost of less than a $100 a month to make it look cheaper at $99 a month, there are sites now that monitor social media posts and rank which crypto coins 'could' go up in price either quickly or gradually ... with some success I may add. Not something I would do but folks make money with them that can absorb that monthly or yearly cost with successful swaps/trading. Of course there are 'always' losses as well along the way.


Overall, It's getting to a point in Crypto, one can't ignore what's going on in social media or could be in for sudden and unexpected losses. The main social media scuttlebutt is always picked up by crypto news sources like Cointelegraph and Coindesk anyway to read and see what impact they have had, if any.


 June 2nd


In the Canadian NHL Playoffs, the Montreal Canadiens advanced to the next round which starts tonight against the much rested Winnipeg Jets. Montreal just finished a 7 game series against the Leafs on Monday night.


Looks like investors are gaining more confidence with the Bitcoin and Altcoin price levers after a brutal May while some coin values are inching up lately.


​Doge coin jumped up in price yesterday along with an Elon Musk Tweet where Coinbase has added the Doge. The latest about that on The Coinbase Blog.


May 31st


In the stock market, May is traditionally another time of the year when investors re-evaluate their holdings/portfolios with some going with the old quote 'sell in May and go away'. But May has been decent and Markets are kind of leveled off for now with all this talk of a dip coming, which usually begins to float around when things are going 'too' good with a Bull run.


In the Crypto Market, I'm sure a lot did sell and go away (at a loss probably) as Bitcoin fell in the 2nd half of the month dragging Altcoins with it, including the 2nd highest in market cap ... Ether. But as some left, others become interested as they read about a good time to ... 'buy low'.


Bitcoin has stabilized some, bouncing around in the $30,000 to $40,000 USD range. Meanwhile Ether and Altcoins have leveled off at new lows, such as Litecoin and Tezos with 'narrow' trading meaning not a big increase in price before selling brings it back down again to a steady low range.


Bitcoin continues to be heavily influenced by rehashed old news, daily international news/updates and social media causing FUD at times, a term that has come up a lot these past weeks.


fear, uncertainty and doubt


FUD means “fear, uncertainty and doubt.” Bitcoin followers advise to HODL your coins despite the FUD of those outside the community.

But, like the stock market, daily fluctuations are driven by 'fear and greed'. I think 'greed' is a bit of a harsh 'stock market' term where it happens at times but mostly it's about investors buying, looking for increased gains over time.


The 'pump and dump' of a stock or 'coin' via social media such as Twitter and Reddit is definitely about 'fear and greed'.


May 29th


Some good news although long from over, Canada's top Doc overseeing covid-19 figures there is a light at the end of the tunnel now as more folks get vaccinated. Most of Canada is preparing for or have laid out plans for reopening. Last I read, Manitoba ... Winnipeg remains a hot spot and locking down more there for now..


There's steady talk of a 'vaccine passport' as possible requirement to travel.  PEI is one province already bringing that in for the latter part of June and July where visitors and/or residents that are fully vaccinated and have proof will not be required to isolate for 14 days. That should revive their tourist industry if all goes to plan and barring no further 'waves' of covid.


In the 'Post-Musk' Twitter Bitcoin bashing that jump started a major crash in Bitcoin, some normalcy is back after an up and down week as I watched what's happening and Musk gone fairly quiet.


However, Elon Musk was having private meetings with 'Mining' firms on how to reduce power consumption, etc. again raising the hackles of the Bitcoin faithful where these meetings should be public with full disclosure. Billionaires influencing and manipulating most of the crypto market being the biggest issue this year. Risk adverse people become millionaires following them on social Media but the most lost. Be careful of the 'pump and dump' manipulators out there.


May 23rd


It's the long '24th of May' weekend here, or Victoria Day weekend. Traditionally, the kickoff for the camping and RV season here on the East Coast.


Dampers on all that this year with the Covid but I'm sure folks are making the next of it. I recall pitching a tent in Newfoundland years ago on a beauty day with fun had by all only to wake up to 6 inches of snow on the ground. Didn't have to look far for water to get the kettle going in the morning for coffee. Stog it with snow. No billion dollar bottled water industry on the go then.


Overall, it was an up and down week in the Markets, finishing Friday kind of flat. 


The crypto market however went through kind of a 'quake' but settled down the last couple of days. All sparked by various hits of bad news that influences Bitcoin more now than it has in the past. Unfortunately, there's not much warning at times when a major dip is about to start from Tweets and/or international crypto news but wise to be prepared and expect it. I just 'hold' where I'm at with the coins until the storm passes


Low 30 grand USD to 40 grand seems to be the range these days for Bitcoin. 'Buy the Dip' I'm seeing a lot but I continue to wait for now until things settle down some more.


May 19th


Hints of loosening restrictions and lockdowns is good news here in Canada while some top Doc's expect a 4th wave of the covid? I guess that could be possible 'when' borders open up and international travel ramps up. Hope not though.


I watched a Florida Panthers NHL playoff 'home' game where the stadium was full and mask-less for the most part. Also checked on how hometown lad, Sidney Crosby's Pittsburgh Penguins were doing with a partially filled stadium beating the New York Islanders last night. Seemed strange after watching 'empty stadium' Canadian teams play but cheering fans certainly liven up the game


While The Canadian TSX stock market broke another record yesterday, Crypto is going the other way for now with panic selling. Don't really get this constant selling at a loss but that's the cycle the Markets go through.


Reading the crypto news, looks like a lot of folks are making moves on wrong or twisted information spurred by social media that they take as fact. Like starting a rumour and it's passed on to buddies and their friends eventually being nothing like it started.


Meanwhile, I wait for the dust to settle and continue from there with potential Trades.


May 17th


While the US population is going maskless 'after' being vaccinated, there's no change here in Canada as the covid and variants continue to plague provinces from coast to coast. Top Docs figure restrictions will be loosened heading into summer as more folks get vaccinated. Hoping, various lockdowns will do the trick in the meantime this time of year.


On the 'hit to the wallet' side of things, oil per barrel is creeping up so the price of gas follows plus rising inflation, being more of an issue south of the border where their economy is ramping up quicker than here but we'll be on par as well soon. So far, interest rates are on hold but that could change in the months ahead. More of an issue for folks paying for overpriced homes these days on ultra low mortgage interest rates. 


Crypto, except of the odd coin that's in the green and moving up in price, is in a funk starting the week with major coins dropping in value. A Musk induced hangover or just continued short term fear causing all the selling. Probably a lot of cash going back into 'stablecoins' and currency like USD in 'Wallets" for now


When you look at the big picture ... social media with Twitter is controlling the price of Bitcoin now, which is crazy of course while a lot of buyers and sellers just wait for what Musk will Tweet next. Kind of like the near daily Trump Tweets when he was in power. Hopefully that trend will fade away soon while crypto holders lose money these days. Some will wait for a signal that Bitcoin has bottomed and buy there but it's all Twitter induced manipulation for now.


May 15th


The weather is getting warmer on the east coast and good to see those sunny 'no wind' days where the Bay here is like a mirror. Makes me think of travel but be awhile yet.


The shortened 'no fan' NHL season is over and now the Playoffs start today. Montreal Canadiens will play the Toronto Maple Leafs on Thursday, May 20th to start their series


In the short term, some crypto enthusiasts hinge on every Tweet or article about rich 'movers and shakers' like Elon Mush for example with Dogecoin. All that was kind of humorous at first with the coin's Mascot in various headliner pics and videos, such as being crown king dawg and battling King Kong but when folks plow too much money into or taking money out on his every word, that can bring on some financial pain and that ain't funny no more.


I'm sure Musk is smart enough to read up on how blockchains and Miners operate where Miner rigs consume quite a bit of power although some are converting to 'green' energy. So when he goes full bore into Bitcoin and then reverses his stance while Tweeting all this stuff is kind of nuts, causing 'short term' holders to dump Bitcoin recently.


However, that's the way crypto is moved these days ... by speculators and those stirring the 'emotions' pot like greed and fear as it matures more. Meanwhile, big business and banks continue their interest in BTC while more government regulation is coming I'm sure... some good, some not so much.



May 11th


Doge to the Moon! Elon Musk is once again stirring the pot to rally Doge fans. He's going to send a Canadian minted Doge coin to the moon in one of his rockets in the future and gathering social media votes to possible sell Tesla cars for Doge in return. He is already accepting Bitcoin for his cars. Crazy stuff.


Gemini, run by the Winklevoss twins has now added Doge to their 'interest earning' plan, calculated and added daily. Never a dull moment in the crypto world and that's just about one coin of many making news.


Meanwhile, I stick to my Trading of coins I like and know. For example ... Tezos (XTZ) which has been having some decent swings of late ... ideal to take in some gains.


Interesting over time where there are folks that are dedicated to their coins and try and stick with them through thick and thin while others are what I call 'leapfroggers', looking for what coins old and new that will make money for them on a daily basis. Nothing wrong with that where I steady read about millions being made by the big spenders or people new to crypto absorbing all the risk and betting the farm plus borrowing more. Not a move I recommend but folks do it every day.


May 8th


Tomorrow is Mother's Day filled with phone calls and video chats while most areas deal with covid restrictions/lockdowns around the world, which remains an unwanted normal way of life these days. Restaurants are usually booked solid for tomorrow here but only open for takeout now. Moms in senior homes with their specific visiting schedules or in lockdown will find it the hardest I'm sure, missing family.


Stories of some folks betting the farm plus borrowing money to get in on the Crypto Dogecoin frenzy or FOMO were probably seen by Elon Musk, the so called ... Dogefather as he kind of doused water on the fire recently. Summarizing ... it comes down to being careful where it's volatile and like I always say ... don't spend money you can't afford to lose. Some have become millionaires risking it all and been lucky in these high stakes games.


Meanwhile, Bitcoin has a  'high water' or 'high tide' mark of around $58, 500 USD so far this week while millions in transactions continue as always


May 6th


We are into our 2nd week of our 2nd Covid Lockdown as case numbers continue to rise for now. Initially a target of 1 month was planned but unless the case numbers reverse soon, that could be extended. Once again, hard on non-essential small business that were forced to close plus those thinking 'travel' as summer gets closer.


​A spin-off from Litecoin ... Dogecoin or Doge continues to make the news after a steady climb in price this week but the first 'halt' happened at around peaking 0.70 and kind of stalled today at 0.60. A sign of indecision probably. See what happens next as the weekend approaches. A wicked current 72 billion market cap is behind the Dogecoin


May 4th


So far today, there's no sign of slowing down the Ether 'bull run' where the coin is heading for $3500 USD and could pass that today. Some 'Holders' that had a large stash of Ether before this run started are smiling today. For example, Ether's price on Jan 1st of this year was floating around $740 and in the last 24 hours alone, jumped in price about $400.


Meanwhile, Bitcoin fell back from yesterday's highs and dragged down some Altcoins with it. Ripe for Traders interested in the lower prices for now.


The Stock Market continues to rally and reminds me of Ether where thoughts of a minor or bigger crash 'may' happen with inflated prices for many a stock out there depending on the sector. But, when concentrating on dividend paying stocks ... an investor is not too worried about price swings when in for the long haul.


However, it's wise to keep up on the news where dividends are not guaranteed depending on the cash flow a company has ( or ETF/Fund ) and just wants to preserve it by cutting dividends and restoring at a later date.


May 2nd


It's not smart to get involved with a party or a social gathering these days in 'lockdown' Nova Scotia. Halifax Regional Police are fining people almost daily now with an expensive $2000 fine each, up from a $1000 fine where a lot of people weren't complying with the covid rules since the latest lockdown started. 17 people at one gathering last night for $34,000. Ouch!


The thing is, there may not be any police around when going to a party but those following the lockdown requirements and/or neighbors can call about it while HRP encourages that. 


Been reading and watching both the crypto and stock scene. In crypto land, Ether continues to climb in price heading for 3 grand USD while most other coins I watch are in 'narrow' trading range these days and kind of stalled along with Bitcoin that's around $56,000 currently. No doubt, Ether is a headliner right now as more bigwig financial institutions around the world are planning on using or already using their smart contract apps.