Shawn

@cryptikai

132 Following

71 Followers

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GOOD MORNING 🌄

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GOOD Morning 🌞🌞🌞

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All Phaverians Check this out , Give some Encouragement... https://youtu.be/fBivulZc8fc

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NEW: A new report from River, a Bitcoin fintech company, predicts that 10% of 🇺🇸 U.S.-based companies will convert 1.5% of their treasury reserves—equating to roughly $10.35 billion—into #Bitcoin over the next 18 months.

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The sharp rise in the JPY/USD is causing a massive unwind of Yen carry trade positions and contributing to the sharp decline in US stocks. For those who do not understand how this works, a brief explanation 1) Many traders were borrowing Jap Yen (JPY) at low interest rates, converted them to USD and used this to buy US stocks 2) Now that the Bank of Japan (BOJ) is raising interest rates, the JPY has strengthened significantly against the USD. Now, these traders are in big shit. Not only must they pay higher interest for the JPY they borrowed, they are now facing huge forex losses as well. The USD assets they are holding may not be enough to repay the JPY they have borrowed. 3) This is causing a huge unwind of these trade positions. Traders facing big losses and margin calls are selling their US stocks to raise USD, converting back to JPY and paying back their loans. 4) This can lead to more selling pressure on US stocks and even more declines in the short term. Middle east war escalation, US politi…

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BTC 😡😡😡

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It’s indeed a Black Monday... First, the Japanese market took a massive dump an hour ago, and now Korea is following suit. What I’ve heard is that the Japanese cash and carry trade backfired on them big time. But this is just one reason why the crypto markets are taking a hit, along with many other factors like: - Decreasing odds of Trump winning the elections - Rumors around a recession resurfacing - Biggest investors like Warren Buffet de-risking their investments significantly, selling 50% of his $AAPL holdings - War tensions between Iran and Israel and A major reason behind the crypto sell-off is jump_.phaver aggressively selling $ETH. They've been offloading $ETH and unstaking $500M worth over the past 2 weeks. word on the street is they are exiting the crypto market-making business altogether.. Now, before you start panicking, I don't think this crash is gonna stick around. Why? It's election season, They can't let everything go to shit right before people vote. My bet? We're gonna …

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30 yrs .. Those who took these .. guys have mooned to 1000x But to pay just 0.25 interest ..they are unwinding like some world is on the verge of collapse

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