When bed economic news is good news for asset prices. 👇
https://twitter.com/elerianm/status/1633824531101155328?s=46&t=0ppazzaIIzc2kG7NACZPpw
U.S. 2 year treasury bond at 5.061% yield. The last time it was this high was 2007/08 just before the Great Financial Crisis. Expectations grow for a 6% fed funds rate.
GBTC litigation could be a milestone for #Bitcoin. Grayscale has an estimated 70% chance of winning its lawsuit against the SEC. 👇
Why is Grayscale’s ETF important for #Bitcoin?
Here’s a great 🧵👇
https://twitter.com/grdecter/status/1633135875872768000?s=46&t=0ppazzaIIzc2kG7NACZPpw
The Fed chairman signals increased rate hikes, higher than analysts expected.
He also said unemployment might not rise all that much, once the Fed is done raising rates.👇
https://twitter.com/macroalf/status/1633133890863788035?s=46&t=0ppazzaIIzc2kG7NACZPpw
After Jerome Powell's speech, bitcoin drops to lowest in a month.
The Fed chairman signals increased rate hikes, higher than analysts expected.
He also said unemployment might not rise all that much, once the Fed is done raising rates.👇
https://twitter.com/macroalf/status/1633133890863788035?s=46&t=0ppazzaIIzc2kG7NACZPpw
$250 million in new #Bitcoin futures open interest across cryptocurrency exchanges have barely moved the price. 👇
https://twitter.com/joeconsorti/status/1632772848073801728?s=46&t=0ppazzaIIzc2kG7NACZPpw
Don't fight the Fed vs. Bitcoin resistance. An interesting take from Mike McGlone. 👇
https://twitter.com/mikemcglone11/status/1631371979302248450?s=46&t=0ppazzaIIzc2kG7NACZPpw
February #Bitcoin’s rally was fuelled by leverage, all of which was liquidated on Thursday evening.
#Bitcoin is now below its 50-day EMA, which for some analysts adds to the risk of further declines.
This year, the ECB is expected not only to continue to raise interest rates, but also to reduce the size of its balance sheet. 👇
https://twitter.com/joeconsorti/status/1630974662577385472?s=46&t=0ppazzaIIzc2kG7NACZPpw
Could Bitcoin pass $25K by end of March 2023?
https://twitter.com/mikemcglone11/status/1631371979302248450?s=46&t=0ppazzaIIzc2kG7NACZPpw
It will take a lot of years before inflation is put to bed again. 👇
https://www.ft.com/content/a1ce3459-08bb-476a-b422-aab336ae28c5
"Those who don’t study history are doomed to repeat it.
Those who do study history are doomed to stand by helplessly while everyone else repeats it." 👇
https://twitter.com/jessefelder/status/1630991731633328129?s=46&t=qe4zIadWgpg8tKisHzlSag
#Bitcoin remains closely inversely correlated to the US Dollar.
Basic lesson that everyone should understand prior to investing their 1st $100. 👇
https://twitter.com/hedgeye/status/1630290772409962496?s=46&t=bx03eVHizUk23fROAry7qA
‘This surge had all the hallmarks of an echo bubble — a brief rebound of the kind that has punctuated the long decline of every major bubble in the past century.’ 👇
https://www.ft.com/content/0c35d878-56c4-4fc2-bb66-979f1247c7ec
Milton Friedman argued that a society cannot maintain political freedom without a great commitment to free-market capitalism— it must be free of government interference.
A great 🧵 from David Deutsch 👇
https://twitter.com/daviddeutschoxf/status/1629063616971390978?s=46&t=esSS74ChDEXlDL3fYdKyBQ
Dollar divergence at highs against ##Bitcoin
Is there case for the Bull or 🐻 for 2023?
2023 is a year where you can make up a narrative to be a bull or bear. 👇
https://twitter.com/macroalf/status/1628522028956254210?s=46&t=I0I8AK5XR9oJf70Jdxep7w
Have markets overpriced recession?
Fed’s hawkish tone drives today DXY up and #Bitcoin down.
Analysts await the minutes of the Fed's next policy meeting, expected to show a bigger rate increase. 👇