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

Monthly mortgage payments in the panic zone

Noteworthy:
- what is the human cost of the FED’s rate manipulation?
- what is the economic fall out of such major fundamental shocks?

@Bitguide

Home builders slamming the emergency break. Multi family starts down 26.8%.

Nice economic shock, Powell. Maximum employment and stable prices secured.

@Bitguide

Every Fed hiking cycle has led to a credit crisis and in every recent cycle the financial system has tolerance lower and lower rates. We are not far from 2018 levels.

Fiatbro tradfi victory laps are gonna be so fun to revisit in a few months

https://twitter.com/sina_bitguide/status/1538943442646192128

Bitguide.io

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

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

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

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

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

Compass mining is failing

A nugget from the cofounder and CEO last year 😂