Been writing a few long articles lately but the tl;dr of it is that now that interest rates are going up, the asset speculation market (real estate, stocks, venture capital, crypto/NFTs) is largely over and money will start to flow into financial products that provide more "reliable" returns - mainly interest rates.
Given that the banks are dragging its feet in...
News of record high inflation and the federal reserve's plan to increase interest rates this year has a lot of people worried that a recession (probably on a global scale) is coming this year. After over a decade of constant growth in the US stocks and real-estate markets, we're finally going to see the bubble pop. GDP is down, governments are broke, and
I would...
The crypto market is in "free fall" today, as some of you may have heard. Decided to write something from the perspective of someone who's been through a few "crypto winters" over the last 8 years or so.
mirror.xyz
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I feel like a million years old writing in this tone - though everyone in crypto knows that a week in this industry is equivalent to a year in...
Ethereum holders were hoping for a big rally after this week's "merge" on ETH's primary test network, Ropsten, but so far the markets have been responsive.
Coins that offer staking rewards, however, did fairly well this week as a whole - the two winners being Tezos (XTZ) and Chainlink (LINK) which saw big gains today and over the course of this week as a...
Tezos (XTZ) broke from the pack yet again today, outperforming most major coins despite today's downturn in the overall markets.
- Fork-less upgrades and on-chain governance models on XTZ provide tangible solutions to a lot of the issues the crypto industry is going through right now, especially in DAOs.
- Recession talks are getting more people into a savings...
Along with the "decoupling" event that happened on Friday, Ethereum's announcement of the ETH2/Consensys/Merge coming up in August is likely to create some waves in the crypto space as the date approaches - not only will it affect the ETH ecosystem itself, there's a chance that it could have significant ripple effects on the tokens minted on top of it as...
The Ethereum Foundation announced a soft-deadline for the long-anticipated ETH2/Consensys/"Merge" - which will move ETH's current proof-of-work systems over to proof-of-stake.
DeFi and finance people tend to prefer PoS over PoW as an economic engine since it's more similar to how the banking industry operates. It also had the added benefit of being more secure,...
In today's inflationary economy where money printing reigns supreme, the idea of "burning" money to maintain a currency's worth stands out as counterintuitive and different. It's also highly illegal - creating your own money supply (counterfeit) or destroying them are usually both felony offenses in most fiat systems right now.
In a way the ability to control a...
My Current Trade Plan UBT:
Accumulation zone .80 to 1.30 target build from 10000 - 15000 - (make it stack)
Currently at 1.07$
Resistance @ 2.37$
Support 0.80$
Target $3.12 sell off 10%
re-test for 7.00-9.12 sell off 10%
Hodl to 50$ then another 10%
Fundamentals -
Team has actually built something to rival; DOT, ATOM, SOL, CELO; even better yet real...
News consensys/Fluidify
defirate.com
Have pump from 150 to 900 now 61.8 fibo, good support. He go can higher now with 10m cap and circulating supply 150 millions, this is very cheap...
The rising wedge it appeared we had broken down from simply morphed into an ascending broadening wedge which also tends to break downward. We are currently near the top trendline of that wedge and with the other resistance lines teaming up with that wedge line of the 4hr 200ma (in blue) and the top trendline of the descending channel odds are good the price will...
