Markets are talking about a possible Fed rate cut in July 👀
We are seeing an increasingly bullish consensus in the risk asset market. Now talk has even started that maybe we will see a rate cut in July? That would probably be a stretch.
Anything is possible, but I don't think it's going to happen now. We are very l...
What's happening in the market?
Expected gains on the back of excellent macro data. The market is now expecting 3 rate cuts after inflation and labor market data showed a cooling economy.
The first 0.25% cut is still expected in September, with the next cuts in November and December. The market is now ready to fron...
Exhale? 👀
The German government's bitcoin sale is almost complete. There are 5800 BTC left of the original 50000 BTC - over 88% sold already.
1
Germany again transferred 5103 BTC ($299.8 million) to exchanges and market makers...
Vaneck has filed an updated S-1 application for a spot Ethereum ETF 👀
The updates have gone out, it's just a matter of approval.
2
The German government transferred another 1000 BTC ($55.8 million) Government wallet remains with 38,826 BTC ($2.17 billion) Meanwhile, the folks at CryptoQuant have made an infographic showing that Germans are vastly oversold. Their sales represent only 4% of the total cumulative realized value from 2023. FUD is not a...
This is a real Panic Sell 🩸
The meme depicts the truth of today.
The best thing you can do right now is do nothing, or you can buy ether if you have free stables.