If capital flows back into Japan & it retraces to the support line, it's a rug pull on funds allocated to rest of the globe. If continues to dive it pressures the PBOC to let the Yuan also fall. Neither of these options is good.
Central bank tightening, if successful, should logically pressure risk assets. At the same time, a prolonged period of high inflation and low-interest rates likewise paints a gloomy picture for Bitcoin — at least in the short term.
legal vacuum makes it difficult to regulate this area and set clear rules of the game. This legal vacuum needs to be eliminated as soon as possible. If we want somehow to get along with this activity, and we have no other options in the current reality, we must introduce legal.
The high yields on stablecoins have already managed to attract $2.95 billion in liquidity locked on the protocol, according to data from Defi Llama, which makes Stargate Finance the thirteenth largest DeFi protocol by TVL.
Drawing from ADA’s growth trajectory, the $1 price level remains the crucial support level while the coin’s resistance is pegged at $1.5 in the short to medium term.
Due March 16, the extent of the presumed rate hike could provide temporary volatility and even a longer-lasting trend change for risk assets, depending on their size.The situation between Russia and Ukraine remained a major focus amid faint signs.
Digital gold (Bitcoin) has plummeted to <$37k, while Gold has risen >$1900/oz. Correlation between digital & analog Gold is now even neg. Narrative that digital Gold is better way to escape has not panned out in Ukraine
Second Life creator Philip Rosedale returns to the fold, Disney's patent for a "virtual-world simulator in a real-world venue” suggests an entry to the Metaverse, and Animal Concerts partners with South Korea-based Kakao’s Klaytn project