Tether has been at an ATH for a couple of months now.
With 3 month bond yield, sticking well over 5% for over 4 months, this has been a very very profitable business for Tether.
Thether keeps most of their funds in short term bonds.
Maybe by now they have also locked in some long term bonds. They could easily have a portion of their portfolio in 5Y bonds,...
It is possible that BTC will go to 20 000 and maybe even below that, but chasing the bottom is not the smartest idea.
This is the opportunity that we've been waiting for. Everyone wanted to buy BTC if only it was a little cheaper. Well, now it is, but everyone is scared :)
The wise words of Peter Lynch are that NOBODY can predict the bottom, and nobody can...
There is a reason why Bitcoin will decouple now.
I've noticed that Bitcoin was perceived by the masses to be intended as an inflation hedge.
For the last 2 years, it has been correlated with tech stocks.
So, even though the Bitcoin was perceived as an inflation hedge, its price didn't really grow that insanely fast because people were suddenly hedging...
I'm making this post in retrospect, I'm shorting NKLA from 7.2.
As a chemist, I can guarantee you that they will fail in their intent, and cannot deliver things that are impossible. Even if they stretch themselves to deliver, the product will be a worthless piece of sh1t.
This could still drive the stock up, because degenerate "investors" could pump it up...
I will top up on Meta, great numbers and a lot of FUD in the market. It's oversold at a PE ratio of just 12.
It may still be getting cheaper for as long as FED can raise interest rates.
All of the arguments against meta are inexperienced people looking at Meta stock price while looking at their new metaverse project information.
If they bothered to look at...
Ada, much like Etherium, will be dumpoing against Bitcoin. Probably much faster.
There are new updates to the Bitcoin layer two, which will slowly but surely give it all the capabilities that people seek for in other cryptos.
Stock is cheap. At $88 it's waaay below its value.
Asset Value minus debt divided by a number of shares put BABA somewhere in the $95-110 range. Which means that at $88 it's basically free money.
The only con is VIE structure (Google it yourself) - I have decided to put my trust in VIE structure.
EV/EBITDA is 1.98 which is amazingly low for this type of...
At the price of <$30 per share, this is a good opportunity to buy some Bank of America stock.
There are major issues with the banking system, mortgage market and bond market.
Due to the system we live in, this will lead to destruction of small banks, and the capital will flow into the large established banks. GS is too expensive so BAC offers some more...
Before significant interest rate hikes, I have claimed that Bitcoin is decoupling from the rest economy (which probably happened).
However, the effect of rising interest rates still had some power over the Bitcoin in the tank.
It seems that this power of raising interest rates is diminishing for Bitcoin relative to the rest of the economy which will probably...
Again, obvious reasons lol.
Dogecoin is overpumped against Bitcoin and overpumped in general. Also, it attracts unprofessional acters. They could pump the price at random, but they usually get scared and run away when sh1t hits the fan.