Forwarded from Crypto Surge Announcements
The second stimulus check is basically the US giving free airdrops on that shitcoin called USD to every citizen of the US.
This airdrop is really important, as if it doesn't get approved or if at some point it stop before the economy recovers from the pandemic, people would stop to pay their mortgages etc... and collapse the US economy, which could lead to a collapse of the stock markets and the cancellation of a potential cryptocurrency bull run as we have seen that Bitcoin price correlates perfectly with the stock market. Let's pay attention to this!
This airdrop is really important, as if it doesn't get approved or if at some point it stop before the economy recovers from the pandemic, people would stop to pay their mortgages etc... and collapse the US economy, which could lead to a collapse of the stock markets and the cancellation of a potential cryptocurrency bull run as we have seen that Bitcoin price correlates perfectly with the stock market. Let's pay attention to this!
Forwarded from Glassnode
Over 90% of the circulating ETH supply is now in a state of profit, i.e. the current price is higher compared to the price at the time the coins last moved.
Last time this we saw this level was in Feb 2018 when the ETH price was at $925.
Live chart | @glassnode
Last time this we saw this level was in Feb 2018 when the ETH price was at $925.
Live chart | @glassnode