Kim’s theory hinges on a series of macroeconomic miracles: a massive influx of capital into crypto, a weaker US dollar, and prolonged high inflation. Because nothing says ‘financial stability’ like a world where the dollar is weaker than a paperclip and inflation is the only thing keeping the economy from collapsing. 🤯
So, the International Monetary Fund (yes, the same folks who usually frown at anything more exciting than a spreadsheet) have finally admitted El Salvador’s economy is doing a little dance. And by “little dance,” I mean it’s moonwalking past their earlier predictions. All this while they’re still stacking Bitcoin like it’s the new gold standard. Or, you know, just a very expensive jigsaw puzzle piece. 🧩
The alchemists of code now Hibernate real-world assets-equities, castles, commodity barges-onto the blockchain’s ledger of near-eternal scrolls. 🏛️→🪙
Well, now, Arthur Hayes-crypto’s own wandering gunslinger-has done it again. The man ain’t one to sit still, no sir. He’s just deposited another hefty chunk of 682 $ETH ($2M) into Binance, like a miner tossing gold nuggets into a river hoping for diamonds. 🪙 And what’s he chasing? DeFi tokens, of course! Because why settle … Read more
During a chat on the legendary Thinking Crypto podcast, Zach Pandl, the herald of all things research at Grayscale, mused that only a tiny sliver of global assets are basking on blockchain beaches. But hold your horses! In the next decade, this sliver might turn into a vast digital coral reef as the old finance crowd decides that blockchain isn’t just a fad but the future. Who knew? 🤷♂️
At first glance, the market looks about as enthusiastic as a sloth on sedatives. Big money isn’t flowing in, long-term holders are quietly panic-selling like it’s Black Friday at the crypto outlet, and the price is compressed tighter than a sardine in a yoga class. Yet, against all odds and reason, there’s still a path. Not a rational one. Not a safe one. But a path. And it involves the financial equivalent of setting fire to a pile of margin calls.
Economist and gold advocate Peter Schiff has warned that the U.S. dollar is approaching a dangerous breaking point that could trigger severe inflation, destabilize financial markets, and sharply erode living standards, arguing that the loss of safe-haven status risks cascading economic damage across currencies, bonds, and risk assets. 🚨
XRP has gone on a wild ride, starting its decline below the $1.9350 zone, joining Bitcoin and Ethereum in this sad little pity party. It dipped below $1.90 and $1.880-talk about a downward spiral!
Well, well, well! It appears Ethena’s synthetic stablecoin, USDe, has taken quite the tumble following the crypto market’s spectacular belly flop on October 10. What a show! 🎪
“If one delicately waltzes through the charade of adjusting Bitcoin’s halcyon days to the innocent visage of the 2020 dollar, dear reader, BTC exhibited nary a smidgen of courage beyond the $100,000 mark,” Wyatt the watchful Thorn cheerily divulged on a Tuesday most ordinary.
