Crypto Cyclicality / Seasonality Developing... The Looming Crypto Winter Cometh… or not. But these are of note:

• Analysis of Price Action via Relative Market Cap for BTC, ETH & total crypto ex BTC + ETH
• DOGE: Difference between “use(ful)” and “significance”
• May 16th sell catalyst: Sudden re-emergence of Coinexchange.io

Spot price matters, but more so for technicals and price action analysis and trading - whereas looking at market cap (or changes in market cap), absolute and relative, provide flow context, which represents global capital investment interest, which determines the rate of progress in this digital asset ecosystem building or conversion. I drew up some charts which I meant to put out yesterday, but after the fucking “back button” erased my work for the 50th time this month and I didn’t have the time nor patience to re-write it at 3am (theres a lot of stuff that never makes it out there to see the light of day, and a lot of what exists that was draft attempt #2-4, hence why I often don't seem to care about grammar, if anyone was wondering). So this was going to be another crumpled up ball of paper in an overflowing wastebasket- but of course, those are the moments when crypto sells off and your note’s relevancy jumps. So- this is a very lazy version with maybe a quarter of the insights I had put in, let me know if anyone cares and and I’ll be happy to share further. And the charts below... (More)

Japan reopens for business today...while re-locking down Tokyo, Osaka, Kyoto and Hyogo for COVID, extending the current lockdown set to expire on May 11, now kicked back to end of May.
Tokyo Olympics 2020 2021 20?? here we come!

Just some quick points on where Japan stands with vaccinations. And let me remind you (because a reminder will be sorely needed after you’ve read this)- Japan is a wealthy, developed, globally integrated, democratic, G7 country with enough medical staff and infrastructure in place to provide high quality universal healthcare to a (relative to it’s western democratic allies) apolitically non-partisan, non-populist, non-faith based, pre-COVID mask wearing culture of the world‘s oldest (and thereby most demographically at-risk) population. Just a reminder.

According to Oxford Univ, at end of April, the number of vaccinations per 100 people stood as follows:

Israel: 121

United Arab Emirates: 106

United Kingdom: 71

Japan: 2.4

Cool. Now here’s a moving chart of the share of people who have received at least one vaccine (% of population) from Our World In Data:

If Japan exerted some effort, competency and common sense prioritization, maybe it will one day get as good as global leaders in fighting pandemics and protecting its citizens like India and Brazil. Maybe one day.

What the hell is wrong with Japan you say? Why I’m glad you asked.

Japan has a history of problems with medication. Meaning, there is a history of using the prior sentence as an excuse / explanation for its inexplicable rejection... (More)