0xngmi and a few team members have gone rogue, they are actively looking to seize Defillama IP and community while inaccurately claiming the rightful owner to be doing a hostile takeover

btc > $1mil in 90 days??

https://twitter.com/balajis/status/1637025637901938689?s=21&t=QI261g88v93FpaXKWLyqAQ

a paper on whether central banks should hold cryptocurrencies as reserves

"If a central bank does decide to purchase cryptocurrency, the central bank faces a choice of whether to publicly reveal that decision. Choosing to conceal the central bank’s Bitcoin allocation might further stymie external attempts to freeze the central bank’s assets. Ferranti (2022) discusses the fact that many central banks do not disclose their fiat reserve currency composition. Revealing the central bank’s cryptocurrency wallets enables public verification of the central bank’s assets, but requires the central bank to accept scrutiny regarding its choice to invest in a highly volatile asset. Aizenman and Inoue (2012) find that central banks tend to underreport their gold holdings to avoid criticism when the price of gold declines.

Lastly, central bank digital currencies may enhance the benefits of cryptocurrency. Theoretically, a central bank could conduct a foreign exchange intervention relying solely upon domestic payments infrastructure by offering to sell the central bank’s cryptocurrency to holders of the central bank’s digital currency. In that sense, a country’s decision to embrace cryptocurrency may boost its resilience to economic shocks."

https://drive.google.com/file/d/1HBbv5GWIOzzhHdmqAW2MNKHzfFmsLzrX/view

what even

JUST IN: Tron founder Justin Sun proposes a $1.5 billion offer to acquire Credit Suisse $CS.

observe volume - pretty huge volume on the weekly

weekly market structure broken - higher high established

price trend likely to change in the coming weeks

Balaji, Binance CZ, banks collapsing -> feds printing

many bullish impulses turning the market around

next key resistance is 30k

above 30k with good volume then we'll go higher

JUST IN: UBS to acquire Credit Suisse $CS for over $2 billion, one of the largest banks in the world.

@WatcherGuru

current volume surpasses the volume that took us to a bull run in 2020

more people are fleeing into bitcoin -> more people are aware of bitcoin

with worries of hyperinflation and people fleeing the dollar, gold and btc are the options left

https://twitter.com/0xfoobar/status/1637529271328559104?s=21&t=NwmlGPonSw8TMs3gws_NTw

refreshing take on QE

https://twitter.com/backthebunny/status/1636766538446540800?s=21&t=K83rR2S8h7Z6jsKkM-slxA

#reads

ethereum repricing in april after Shanghai to be expected, but i doubt it'll be very huge due to the market's confidence (or as it seems so far) in Ethereum

https://www.bloomberg.com/news/articles/2023-03-16/ethereum-s-shanghai-upgrade-to-enable-withdrawals-set-for-april?leadSource=uverify%20wall

looking for volume on BNB weekly

ascending triangle

some db accumulation on link weekly

FOMC RATE HIKE ESTIMATES

NOMURA - 25 BPS ( EXPECTS RATE CUT)

BARCLAYS 0 BPS
CREDIT SUISSE 0 BPS
GOLDMAN SACHS 0 BPS

BMO 25 BPS
CIBC 25 BPS
CITI 25 BPS
BLOOMBERG 25 BPS
JP MORGAN 25 BPS
GURGAVIN CAPITAL 25 BPS
MORGAN STANLEY 25 BPS
RBC 25 BPS

KPMG 50 BPS