Latest from Krisztian Sandor
Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say
Improving liquidity conditions so far this year have lifted risk assets such as cryptocurrencies, but the trend is poised to turn once the U.S. debt ceiling is lifted and the Treasury along with the Fed resume tightening, analysts say.
USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown
The stablecoin issuer now only holds cash and repurchase agreements to back its USDC stablecoin’s value.
Fondo cotizado en bolsa de los futuros de bitcoin de ProShares rindió este año cada vez menos que BTC
El bajo rendimiento se debe a los costos ocultos de renovar los contratos de futuros cada mes a medida que vencen, llamado “contango”, agravado por el repunte de precio de BTC de este año.
USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment
The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay.
ProShares’ Bitcoin Futures ETF Underperforms BTC This Year: K33 Research
The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC price.
Tether, emisor de USDT, invertirá en la minería sustentable de bitcoin en Uruguay
La empresa había comunicado a principios de este mes sus planes para invertir parte de sus ganancias en la compra de BTC e infraestructura.
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
The company earlier this month announced plans to invest part of its profits in BTC purchases and infrastructure.
El mercado de stablecoins se redujo por décimo cuarto mes consecutivo
La contracción en el mercado de stablecoins indicó que el mercado de criptomonedas aún se encuentra en su fase bajista, dijo el analista macroeconómico Tom Dunleavy.
Stablecoin Market Shrinks for 14th Straight Month, Posing Potential Headwinds for Crypto Prices
The contraction of the stablecoin market suggests that the crypto market is still in its bear phase, macro analyst Tom Dunleavy said.
Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research
The correlation of BTC’s price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted.