Too Long; Didn't Read
It looks like Baakt is finally cleared to launch physical Bitcoin futures. I was expecting the price of cryptocurrency in general to go up due to this news but it didn’t seem to move much. The media often tends to exaggerate market moves to get ad revenue. The last recession we had was a statistical outlier, but being that it was the most recent, we’re more prone to remember all recessions as the previous one (availability bias). This time everyone can see the recession coming, which to me means it’s already been priced in.