Central Bank liquidity-> Global M2-> Bitcoin Price-> Crypto Prices-> Crypto Users All connected within the Cycle.

DYDX Foundation Transfers 5.6 Million $DYDX Tokens to Binance $18.50m

$40k.

Week Ahead | Key Events 04/12 | 2023:

This is not 2019..

Multi Cycle perf.

April- 2022 Vs Dec-2023

BTC $40527|$41800
ETH $2987 |$2228
BNB $405 |$229
XRP $0.73| $0.63
SOL $101 |$65
ADA $0.91 |$0.40
DOGE $0.136| $0.87
AVAX $75| $22

^

Tether's current profit from Bitcoin ($BTC) stands at $1.1 billion, representing an 85% increase.

The total Bitcoin holdings held by Tether amount to 57,576 BTC, valued at $2.4 billion, with a avg cost of $22,480. Notably, 53,492 BTC were reserved prior to March, while 4,083 BTC were acquired regularly using 15% of Tether's net profits since May.

17-May: https://tether.to/en/tether-to-further-strengthen-reserves-through-purchase-of-bitcoin-with-realized-net-operating-profits/

Users keep buying stuff they don't know about, not understanding how the project works because it's very hard to understand.

It's new tech, users unable to understand but just buying into the hype – shiny + catchy, with no fundamentals.

As soon as you see, "People think project fundamentals are strong" or "Project metrics are outperforming," research firms' noscripts are turning that project into DeFi [that's the top/exit].

Examples: $TIA, $GMX, $APT, $CRV. [$RDNT never gets a strong price discovery because everyone coming out with its strong fundamentals features in noscripts] Market buys into unknown stuff vs. fundamentals, peaks the price.

^

$44k

https://www.sec.gov/Archives/edgar/data/2002695/000200269523000002/0002002695-23-000002-index.htm

X Corp filed for "Notice of Exempt Offering of Securities