The 10/10th still hasn't been cleanly explained.
ethereum:native has deviated ever since & any time it had a chance to "re-couple", the magnitutde has lacked & instead a further weakness came
Now Vitalik speaks of rebuilding the DeFi infrastructure with "Liquidation-free protocols" to replace forced liquidations with an options-based system.
Will it be enough to save it & will ever re-couple with other markets? Or is it facing a Polkadot & such fate?
The markets are now starting to price in the #Fed pivot and #Bitcoin can't even hold a rally above $20k. In contrast, #gold is up 6%, #silver is up 15%, and the $GDXJ is up 24%. Bitcoin is done. It's not an #inflation hedge and won't rally with gold when the #Fed folds.
Some seem to enjoy reporting AMC is off its all-time closing price high, 6/2/21 $62.65. They fail to report close yesterday was 7 TIMES what it was when the pandemic closed theatres, 3/16/20 $3.19, or 11 TIMES when we were written off for dead, 1/5/21 $1.98 #TellTheWholeStory
While #cryptomarket has been #bullish in these days #Bitcoin is still struggling to break $24300 & #ETH reached its highest level this month, #BTC fell slightly, Due to seeing a bearish pattern in ETH chart and the US CPI report on inflation we should expect new fluctuations
I see #money as a tool, and I, for one, do not obsess over my tools. If an old one breaks, I replace it with a new and/or improved one.
#Bitcoin is the better tool.
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#lugano is becoming the new hub for #bitcoin and freedom of speech in Europe.
Invidual sovereignty talks, why #bitcoin is important for everyone and how it is changing lives around the world.
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🧐Bitcoin is definitely undervalued! Should we buy?!
✅This chart demonstrates #BTC’s realized cap alongside its market cap. Realized Capitalization measures the aggregate USD value of all coins when they were received (technically, purchased from a prior owner). 👇🏽