Bids in the Bitcoin orderbook on Coinbase are stacked down from 17k and below. A lot of people are hoping to buy BTC lower.
The last time the orderbook was this skewed to the bid-side was the grind up from the March 2020 lows.
As a general principle, for those looking for advice from this thread, it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high.
I still own & won’t sell my Bitcoin, Ethereum or Doge fwiw.
We think we have bad inflation in rich countries, but hundreds of millions of people are dealing with 30%+ inflation levels in developing countries.
Imagine trying to save with this level of persistent currency devaluation.
In this week's inflation roundup, #Cuba takes the 4th place. On July 14, I measured Cuba's #inflation at 85%/yr. Inflation rates as high as Cuba's make governments, even Communist dictatorships, vulnerable.
PROPOSAL ON $EVMOS #35 PASSED ✅
👉 $OSMO can now be used within the EVM ecosystem of $EVMOS
👉 $OSMO token address: 0xFA3C22C069B9556A4B2f7EcE1Ee3B467909f4864
👉 Use the erc20 convert-coin CLI-command to move IBC $OSMO to ERC20 $OSMO
👉 Dashboard integration follows soon
I'm overdue on updating the fed pivot indicator, and frankly it's showing we have arrived already
We are at the point where the fed would usually halt rate hikes and begin easing again
As they gear up for 75bp in a couple weeks, they would be knowingly blowing up the system
Je vous résume ici l'enquête que je viens de terminer, la situation économique actuelle est TRÈS inquiétante.
La panique commence dans les milieux spécialisés, tandis que les médias et les politiques se taisent par ignorance ou connivence. Explications 👇