Excellent Post. This would help so many of the peeps on the fence, or just recently starting to invest in Bitcoin. Part of the reason I'm still buying at these levels is that Bitcoin is so dramatically misunderstood. And that fact continues to give us asymmetry towards the upside. For the many real world benefits of Bitcoin and NGU.
probably crypto transactions and/or stablecoin transfers - stablecoin market cap does pop when markets are moving and new funds are coming into the market - $9bn is not unusual, though, in percentage terms it's less than the bump seen in USDC market cap
Excellent Post. This would help so many of the peeps on the fence, or just recently starting to invest in Bitcoin. Part of the reason I'm still buying at these levels is that Bitcoin is so dramatically misunderstood. And that fact continues to give us asymmetry towards the upside. For the many real world benefits of Bitcoin and NGU.
thanks so much, derek!!
It may be germane to mention that some $9 billion in Tether has been minted since the election. I wonder what it is being used for?
probably crypto transactions and/or stablecoin transfers - stablecoin market cap does pop when markets are moving and new funds are coming into the market - $9bn is not unusual, though, in percentage terms it's less than the bump seen in USDC market cap