Empty sky, empty sky I woke up this morning to an empty sky   Seventeen years ago my daughter was 17 months old, and my boys were six and eight. My boys are both in graduate school now, and my daughter just started college at Wagner, which is located on Grymes Hill in Staten Island. Her dorm room has an amazing view of the harbor, from the Verrazano Bridge to the south to lower Manhattan to the north. While this morning’s sky is filled with clouds and fog, unlike the Tuesday of seventeen years ago, I sit here hoping it (more…)

  Barely a day goes by when we don’t see an article that claims there will soon be a boom in institutional demand for cryptocurrencies.  CNBC recently ran an article that proclaimed “Goldman Sachs-backed Circle sees boom in crypto demand from institutional investors, despite bear market” In addition to the media hype, there continues to be a litany of Wall Street and regulatory veterans that are flocking to crypto.  The latest announcement was that former SEC Chairman Arthur Levitt has joined the board of Ominex , a crypto trading platform.   While exchanges and market makers continue to hype the potential for crypto markets, the fact of (more…)