Two days ago I posted a crypto update.
Since then bitcoin is up over 17%, Bitcoin Cash up 11%, and Solana up 10%
Hype over the SEC possibly approving a bitcoin spot ETF, or several, abounds.
The intent here is never to rapidly churn positions but these gains are amazing for just two days and it’s always good to sell at least partial positions into unsubstantiated hype, so for the purpose of this substack and with respect for prudent process consider these closed.
As for ApeCoin, it remains open with no hedge and with staking rewards withdrawn regularly to cash or gold.
When this upward swing in crypto abates I’ll restore a full hedge on ApeCoin, and post a notice.