Bitguide
ECB hiking into a recession The ECB plans to halt QE and raise rates by 25 bps in July, just as they forecast more rapid economic contraction. The ECB cannot dig more oil out of the ground or increase factory outputs to deal with supply chain disruptions.…
Coinbase cutting 18% of jobs or 1100 employees.
The layoff tide has hit criptoe shores hard
https://blog.coinbase.com/a-message-from-coinbase-ceo-and-cofounder-brian-armstrong-578d76eedb12
The layoff tide has hit criptoe shores hard
https://blog.coinbase.com/a-message-from-coinbase-ceo-and-cofounder-brian-armstrong-578d76eedb12
Medium
A message from Coinbase CEO and Cofounder, Brian Armstrong
By Brian Armstrong, CEO and Cofounder
🤯2
Will MicroStrategy get liquidated?
MicroStrategy has 115,109 bitcoin worth ~$2.5B
They have borrowed only $205M against it (and need to maintain a collaterial of $410M)
That is an 8% LTV
If bitcoin prices falls to $3,562, they will be called and then they can tap into other company assets as collateral
They have been very prudent with leverage
The speculation around Microstrategy margin calls are misinformed noise and reflect the highly emotional state of the market right now
@Bitguide
MicroStrategy has 115,109 bitcoin worth ~$2.5B
They have borrowed only $205M against it (and need to maintain a collaterial of $410M)
That is an 8% LTV
If bitcoin prices falls to $3,562, they will be called and then they can tap into other company assets as collateral
They have been very prudent with leverage
The speculation around Microstrategy margin calls are misinformed noise and reflect the highly emotional state of the market right now
@Bitguide
👍3
Fiatbro tradfi victory laps are gonna be so fun to revisit in a few months
https://twitter.com/sina_bitguide/status/1538943442646192128
Bitguide.io
https://twitter.com/sina_bitguide/status/1538943442646192128
Bitguide.io
Twitter
@DiMartinoBooth @donnelly_brent Yes. #Bitcoin is the antithesis to rehype, fractional reserve and seigniorage which are borrowed from the unstable fiat monetary system and are plaguing the stablecoin/crypto/defi world
To somehow not understand that engage…
To somehow not understand that engage…
The Housing Cantillon
Ordinary house demand has plummeted while luxury demand skyrocketed
Goes to show how manipulation of the price of money (rates) exacerbates inequality & Cantillon
Under low mortgage rates: investors grab the inventory
Under high rates: ordinary folks get priced out
https://twitter.com/sina_bitguide/status/1539258705308536833
https://cdn.nar.realtor/sites/default/files/documents/ehs-05-2022-summary-2022-06-21.pdf
Ordinary house demand has plummeted while luxury demand skyrocketed
Goes to show how manipulation of the price of money (rates) exacerbates inequality & Cantillon
Under low mortgage rates: investors grab the inventory
Under high rates: ordinary folks get priced out
https://twitter.com/sina_bitguide/status/1539258705308536833
https://cdn.nar.realtor/sites/default/files/documents/ehs-05-2022-summary-2022-06-21.pdf
👍1
Episode 13 is out!
In this episode, we interview @stackhodler, a private investor from the Swiss alps.
We discuss the current macro environment, when the FED is finally gonna pivot and much more!
Check the episode here:
https://youtu.be/12XHWGp2xGU
In this episode, we interview @stackhodler, a private investor from the Swiss alps.
We discuss the current macro environment, when the FED is finally gonna pivot and much more!
Check the episode here:
https://youtu.be/12XHWGp2xGU
YouTube
BG#13_Is a global reset upon us? With Stack Hödler
In this episode, we interview Stack Hödler, a private investor from the Swiss alps.
He goes with RK through his thoughts on the current currency war environment, the reaction of the central banks, his ultimate thesis on how things will likely unfold, and…
He goes with RK through his thoughts on the current currency war environment, the reaction of the central banks, his ultimate thesis on how things will likely unfold, and…
👍1
Eurodollar Inversion Worsening
Eurodollar inversion creeping into Dec 22. The market is predicting rate reduction by THE END OF THIS YEAR.
cc: Jay Powell, Janet Yelen
Bitguide.io
Eurodollar inversion creeping into Dec 22. The market is predicting rate reduction by THE END OF THIS YEAR.
cc: Jay Powell, Janet Yelen
Bitguide.io
Industrial metal, the leading indicators of economic activity, getting hammered
Since March 2022
COPPER: -23%
IRON: -15%
ALUMINUM: -37%
cc: Jay & Janet
#Recession #Deflation
https://twitter.com/Sina_Bitguide/status/1541248730535534595
Since March 2022
COPPER: -23%
IRON: -15%
ALUMINUM: -37%
cc: Jay & Janet
#Recession #Deflation
https://twitter.com/Sina_Bitguide/status/1541248730535534595
👍1
Credit Suisse Found Guilty for Money Laundering
The vast majority of money laundering is done via the regulated fiat rails. Yet, authorities are very worried about use of Bitcoin for illicit activity, despite Bitcoin’s publicly auditable ledger
Bitguide.io
The vast majority of money laundering is done via the regulated fiat rails. Yet, authorities are very worried about use of Bitcoin for illicit activity, despite Bitcoin’s publicly auditable ledger
Bitguide.io