Cryptos Hollywood Disruption

As if the world of crypto isn't entertaining enough already, it looks like Hollywood is about to dramatize it even further.

At a Bitcoin conference in Miami, Kevin Connolly who plays Eric Murphy in Entourage made a surprise appearance on stage and announced that he's developing a new show called "Cryptos."

What's even more interesting is that the producers of the show, Sords and King, who are both big blockchain advocates, seem to have modeled the plot after their own aspirations to take on Hollywood by using decentralized ledger technologies. 

Despite the current memefest on Twitter, this kind of show on Netflix or Amazon Prime can do wonders for mainstream awareness of cryptoassets and their power to disrupt centralized industries.

Traditional Markets

Little or no progress has been made in the UK or USA. Prime Minister May is apparently ceasing cross-party negotiations and instead re-focusing on the issue of the Irish backstop, previously a deadlocked issue. An increasing consensus that the odds are now rising for either a time extension on Brexit negotiations or even a 2nd referendum has the Pound Sterling Rising this morning.

No such serendipitous optics have been presented for President Trump, however. The Democrats rejected a proposal from the White House that would compromise on DACA in order to fund the border wall. Now we're back to square one. It's been more than a month since the shutdown began and many government employees and contractors are already feeling the pinch.

Today the US markets will be partially closed in honor of Market Luther King Jr. Day. In the good words of the great Reverend...

"The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy."

China's Challange

As was widely expected, the growth figures out of China this morning were extremely disappointing.

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Please note: All data, figures & graphs are valid as of January 21st. All trading carries risk. Only risk capital you can afford to lose.

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