crypto
Forget the memory of (literally) yester-year, and behold Financial Nihilism...
Sometime in April 2024, the reward that cryptocurrency miners receive for mining bitcoin (BTC) will go from ₿6.25 to ₿3.125, with significant consequences for the world’s most valuable digital currency...
"I'm literally about to throw up... I don't know what to do."
What Bitcoin does that the dollar or any other fiat can’t do at this point is increase real wealth in the community...
The Bitcoin wallet has added 100 BTC tranches regularly since at least November 2022, when FTX collapsed...
Bitcoin has been touted as the solution to monetary debasement, but what is debasement really, and where does it come from?
"Retail investors would face enormous risks from ETPs…whose prices are especially susceptible to pump-and-dump or other fraudulent schemes..."
“Dr. Wright has been shown to have lied on an extraordinary scale. […] He has invented an entire biographical history..."
"Once a sell-side liquidity crisis happens, its next cyclical top may exceed our expectations due to limited sell-side liquidity and thin orderbook"
Bitcoin’s weekly issuance of roughly 6,300 tokens is “utterly dwarfed” when contrasted against the ETFs’ token demand from past weeks
“Add-in that SEC approved CME-traded Ether futures ETFs and I’m not sure what grounds for disapproval of spot Ether ETFs would be...”
“Starve the beast with Bitcoin, which is money they can’t easily seize or print.”
Bitcoin operates on a deflationary model... There are several converging factors that haven’t been present during previous halving cycles...
And... lambos sold out until 2026
Courtesy of establishment-shills, central=banksters... and goldbugs...
"Investors should maintain a 'clear and rational' mindset..."
Rising prices ignite imaginations, and such buying can quickly become reflexive, self-reinforcing... but the biggest institutions have barely even started to build their long crypto positions.
The Bitcoin network teaches us that there's safety in numbers. Now, what could bring people together in numbers to mass-adopt it further than they have?
“This self-perpetuating loop can lead to a rapid price increase as dealers push the price up, causing them to have to buy more,”
The move by these banks reflects the growing interest among investors in gaining exposure to Bitcoin.