1/ No, it's not @facebook's "crypto" experiment. My trading instincts say it's dollar weakness.

Earlier I had the pleasure of sitting down with @lisaabramowicz1 and @ptsweeney on @Bloomberg to discuss what's fueling bitcoin recent run: bloomberg.com/news/audio/201… 2/ Contrary to many headlines, so far Libra / Calibra does not appear to be a "cryptocurrency."

Rather, it represents fiat value transported on cryptocurrency rails.