On March 14th, 2023, the U.S. government sold 9,861.1707894 Bitcoin for a sum of $215,738,154.98.
After transaction costs, the government received a profit of $215,522,416.83. The government also disclosed that there are still about 41,490.72 Bitcoin left to be sold, which they intend to sell over the course of this year in four additional batches.
After transaction costs, the government received a profit of $215,522,416.83. The government also disclosed that there are still about 41,490.72 Bitcoin left to be sold, which they intend to sell over the course of this year in four additional batches.
DAOs redefined 😅
https://twitter.com/sinz_bitguide/status/1642539720885383169
https://twitter.com/sinz_bitguide/status/1642539720885383169
Electronics and semiconductor businesses scream recession
- Foxconn March sales -21% & guides lower on decreased demand
- Samsung profit -96%
- Apple's Mac shipments -40%
- TSMC sales -10.9% MoM & -15.5% YoY
- Foxconn March sales -21% & guides lower on decreased demand
- Samsung profit -96%
- Apple's Mac shipments -40%
- TSMC sales -10.9% MoM & -15.5% YoY
FOMC expects recession markets have been predicting all along. "...the staff's projection at the time of the March meeting included a mild recession starting later this year."
https://twitter.com/sinz_bitguide/status/1646238728858238977
https://twitter.com/sinz_bitguide/status/1646238728858238977
X (formerly Twitter)
Sinz 🗝️⚡ Bitguide on X
The Fed staff now considering a “mild recession” starting later this year “given their assessment of the potential economic effects of the recent banking-sector developments.” Fed officials said they saw risks to economic activity as weighted to the **downside**