Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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Forwarded from Zoomer News
Biden drops out of election: Campaign

🔗 link
if youre wondering why market is tanking, its because trump has lower chances against other candidates as compared to biden

you can check the replies under this post

https://x.com/slippage/status/1815086103877259771
Crypto Mumbles
hehe? hehe.
not sure who is pumping hehe so hard, but i'm happy to take greens off pumps
🤝2
Forwarded from Crypto Narratives
It's become clear now that the funding rates are not providing very valuable info anymore, mostly because of Ethena that mechanically pushes it down.

This means that it's harder to know when the market is over-leveraged, but in the same time, you don't have to pay insane funding fees for weeks, and that is pretty cool.
Forwarded from Ahboyash Reads
Founders doing gud BD 🤣
Forwarded from Julian
CNBC: The “Trump trade” could unwind after President Joe Biden withdrew from the 2024 presidential election, throwing his weight behind Vice President Kamala Harris.

The Trump trade refers to plays on stocks that are expected to benefit if the former president returns to the White House.

CNBC previously reported that Wall Street sees a Trump win as good for stocks as the Republican candidate has called for lower taxes and deregulation. Conversely, traders predicted green energy stocks would be hit by Trump’s proposed tariff hikes, which some economists said could lead to higher inflation.

Asia markets were mostly lower Monday morning in the first region to resume normal trading following Biden’s announcement.

Michael Brown, senior research strategist at Australia-based broker Pepperstone, told CNBC the withdrawal was largely expected, given mounting pressure from Democrats and a “disastrous debate performance.”

Brown said he expects volatility across asset classes, given that uncertainty has been injected into the election, with the race for the White House now considerably more open. The strategist predicted the U.S. dollar would soften as some of the “Trump trade” unwinds, adding that he believes the prospect of a Democratic victory has marginally increased.

He also expects stocks will fall in the near term, but noted any dips should be seen as medium-term buying opportunities, given that the Federal Reserve is still expected to cut rates, and both economic and earnings growth remain resilient. The U.S. is slated to report its personal consumption expenditure numbers — the Fed’s preferred inflation gauge — for the second quarter on Thursday.
Forwarded from Watcher Guru
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JUST IN: 🇺🇸 CNBC discusses the possibility of the US Government holding Bitcoin as a reserve currency.

@WatcherGuru
Forwarded from Cointelegraph
⚡️ JUST IN: The New York Stock Exchange (NYSE) has cleared the listing of Bitwise’s spot Ethereum ETF.

Analysts predict that trading will begin on July 23.